Day: May 16, 2017

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Australian Government’s Crackdown on Offshore Gambling Sparks Interest in Bitcoin No Comments

BITCOIN faces a unique opportunity in the wake of the Australian government’s decision to crack down on offshore gambling. The IGA Amendment Bill 2016 is expected to be finalised in the coming months, clamping down on ‘offshore’ gambling sites which offer their services to Australians. Some of the measures being debated include harsh penalties for businesses and individuals who market ...


Ethereum Project QUANTUM Closes ICO with $4.12m Funding No Comments

Quantum, an Ethereum-based liquidity pool, announced on its website the close of its Initial Coin Offering (ICO) on May 15th 2017, with $4.12 million raised. A total of 486 investors from all across the world participated in the ICO. The fund, which is generated by the selling of Quantum’s native tokens QAU, powers the project’s liquidity pool. This pool, according to Quantum’s whitepaper...


Coinbase Reportedly Compensates Double Billing Victims with Bitcoin.

Coinbase Users Seek to Put a Stop to IRS Witch Hunt No Comments

In the later part of 2016, the United States Internal Revenue Service decided to go fishing for tax evaders among the cryptocurrency community by issuing a John Doe summons to Coinbase, a leading cryptocurrency wallet, and exchange service. The summons, due to its overreaching demands was countered by one of the customers Jeffrey K Berns, who also happens to be an attorney and the managing partner...


How to Engage in Online Gambling with Bitcoins No Comments

Bitcoins is the innovative digital currency that offers players safe and easy way to manage their money when placing bets from their casino accounts. Since this digital currency offers great benefits, it is becoming more and more popular every day. Consequently, the number of online casinos that offer Bitcoin payment method is growing massively. How to Get Bitcoins? Before you try to get Bitcoin...


Creditbit Community Speculating a Price Hike No Comments

Creditbit is seeing a manifold growth in its community across various social media platforms and even on crypto discussion platform, Bitcoin Talk. The growth of the community and the increased traction the Creditbit project is getting from within the industry corroborates their vision and also strengthens the community’s trust in it. CRB (ETH) token has stabilized at approx..1$ after survivin...


Payza Prepares To Fully Embrace Bitcoin Payments as Part of Its eWallet Service No Comments

Consumers who use global payment solutions will know the Payza brand. The company has made a name for itself by providing convenient eWallet services to users worldwide. In a surprising turn of events, the company announced it will enable Bitcoin support shortly. In fact, Payza aims to treat Bitcoin like any other currency supported by the platform. This is a major boon for Bitcoin and cryptocurre...


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Is Bitcoin Losing Its Charm to Other Altcoins? No Comments

Bitcoin is the first mover in the cryptocurrency industry. The concept introduced by Satoshi Nakamoto in a whitepaper in 2008 led to the creation of the first-ever cryptocurrency the very next year. Since then, Bitcoin has continuously gained adoption, driving its value to the highest in the recent days. Many alternatives to Bitcoin have entered the market since 2009, but Bitcoin always led the pa...


Boost VC Will Follow Tim Draper’s Lead And Directly Invest In Cryptocurrency ICOs No Comments

Cryptocurrency ICOs have always attracted a lot of speculators and investors. Tim Draper shocked the world by announcing he will partake in such an ICO soon. It now appears Boost VC will be following his example from this moment forward. The company announced they will directly invest in ICOs in the future. This change will help the company to keep tabs on innovative cryptocurrency projects. A Bi...


DASH/USD and LTC/USD Technical Analysis May 16, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 16. DASH/USD DASH initially fell on Monday but found support again at the $82.50 level. We turned around to form a nice-looking hammer, but that was preceded by a shooting star on the daily chart. Typically, this means that we are about to see consolidation, so I think range bound trading between the $82.50 level on the bottom and the ...


ETH/USD and ETH/BTC Technical Analysis May 16, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 16. ETH/USD Ethereum rallied significantly against the US dollar, gaining 5% initially on Monday. As we are reaching towards the $95 level, it seems likely that we will continue to go much higher. I believe the pullbacks continue to be opportunities for longer-term positions to be built, as the $90 level underneath looks very supportiv...


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