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Posts published in “Bitcoin”

Coinstar KYC Hurdles Are Hurting Bitcoin User Experience

hurdles

Coinstar’s initiative to support buying bitcoin at 20,000 locations in the US is facing mixed reviews days after it launched as users complain about high costs and poor performance. AML/KYC Overload Coinme, the Bitcoin ATM operator which began offering purchases in 2014, teamed up with change counter Coinstar last week to let customers purchase bitcoin for cash using the same apparatus. As user experiences began surfacing on social media, however, not all appeared to be

The post Coinstar KYC Hurdles Are Hurting Bitcoin User Experience appeared first on Bitcoinist.com.

There Won’t Ever Be Only One Crypto, Says “True Bitcoin Maximalist”

Since alternative crypto assets began to garner traction in recent years, some of the Bitcoin (BTC) community’s most fervent leaders have come out to denounce “altcoins,” as they’re adamant that BTC is the crème de la crème. In fact, some so-called “maximalists” have taken their raison d’etre to extremes, claiming that any blockchain project accompanied by a...

The post There Won’t Ever Be Only One Crypto, Says “True Bitcoin Maximalist” appeared first on NewsBTC.

Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research

The transactional volume of Bitcoin, the world’s leading decentralized digital currency, exceeded $3 trillion in 2018, researchers found. According to Satoshi Capital Research (SCR), the Bitcoin network experienced $2.2 trillion worth of trading volume. At the same time, it recorded $3.2 trillion in Layer One transactional volume, down 8.3% than the amount in 2017. However,...

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Bitcoin Price Analysis: Weekly TA Reveals Bulls Under Pressure

As Bitcoin closed the week on another ‘Bloody Sunday’ candle, which dropped to new 2019 lows, making yet another painful yet somewhat predictable reversal, we take a look at the price action and try to establish what we should be looking for with the week ahead.    Weekly Bitcoin price closed the week at $3536, with the decline on Sunday largely reversing the gains made through the week. Despite making lows on Sunday at $3481,

The post Bitcoin Price Analysis: Weekly TA Reveals Bulls Under Pressure appeared first on Bitcoinist.com.

Denmark Investigating Bitcoin Exchanges to Find Tax Defaulters is Troubling

Denmark’s tax agency has received the council’s permission to scrutinize three local crypto exchanges. Skat in its Monday press release confirmed that it would obtain information on traders who were investing in cryptocurrencies such as Bitcoin between 2016 and 2018. The announcement came as a part of an ongoing investigation against crypto-based tax defaulters. Seeking...

The post Denmark Investigating Bitcoin Exchanges to Find Tax Defaulters is Troubling appeared first on NewsBTC.

Bitcoin Price ‘Overshooting on the Lower Side Now,’ Says Binance CEO

changpeng zhao binance

Changepeng Zhao, CEO of one of the world’s largest cryptocurrency exchanges, Binance, says the current state of the market is overshot. He also noted that Bitcoin’s all-time high price in late 2017 was also a stretch.  2017 ‘Definitely an Overshoot on the Price Side’ Speaking at the Binance Blockchain Week in Singapore, the CEO of cryptocurrency exchange Binance, Changpeng ‘CZ’ Zhao, said that the prices of cryptocurrencies toward the end of 2017 were overshot. I

The post Bitcoin Price ‘Overshooting on the Lower Side Now,’ Says Binance CEO appeared first on Bitcoinist.com.

Bitcoin Price Going Sideways, But Bearish Signals Are Strong

The bitcoin price hasn’t crashed further (well, not drastically) since last week. But it hasn’t bounced back in a meaningful way either. Our weekly technical analysis shows bearish signals are still quite strong, though there’s always the chance something unexpected may happen. Read on… Also read: Coinbase Resumes Spending Spree With Blockspring Acquisition Subscribe to …

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The post Bitcoin Price Going Sideways, But Bearish Signals Are Strong appeared first on Bitsonline.

Rumors Denying Russia’s $10B Bitcoin Investment ‘Ridiculous,’ Says Ginko

kremlin

The economist who told the media Russia was planning to buy $10 billion of Bitcoin has staunchly defended his remarks in the face of ensuing criticism. ‘Who Denied It? Vladimir Putin?’ Speaking to Australian news outlet Micky, which first reported the story earlier this month, Vladislav Ginko dismissed reactions which questioned his reliability. “The most ridiculous claim was that Russia had denied wanting to buy Bitcoin,” he told the publication January 21. The logical question

The post Rumors Denying Russia’s $10B Bitcoin Investment ‘Ridiculous,’ Says Ginko appeared first on Bitcoinist.com.

Bitcoin Price Watch: BTC’s Trend Overwhelmingly Bearish Below $3,600

Bitcoin price failed to break the $3,750 resistance and declined sharply against the US Dollar. There was a break below a crucial bullish trend line with support at $3,620 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently recovery, but it likely to face a strong selling interest...

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Don’t Fret! Bitcoin Has Undergone A Decade Of Sustained Growth

When Bitcoin was first launched in 2009, barely any knew about the project, created by pseudonymous programmer Satoshi Nakamoto. The few that did know of the cryptocurrency either hated it with a burning passion or loved it for its long-term potential. And while the former group picked up steam, with mainstream media bashing cryptocurrencies via FUD-ridden...

The post Don’t Fret! Bitcoin Has Undergone A Decade Of Sustained Growth appeared first on NewsBTC.

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