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This column does not necessarily reflect the opinion of the editorial board or the BTC Times and its owners. What Is a Shitcoin? A few definitions I found around the internet: * A pejorative term used to describe an altcoin that has become worthless. * A cryptocurrency of little to no value,
According to a civil forfeiture complaint filed by the U.S. Department of Justice (DoJ), North Korean hackers allegedly stole around $28.7 million worth of cryptocurrencies in two separate hacking attacks, first on July 1st of 2019, and second on September 25th of 2019. The DoJ was able to
Russian media watchdog (Roskomnadzor) has blocked the popular Russian currency exchange monitoring website bestchange.ru again. The free website assists users in finding the best rates for exchanging currencies and was launched in 2007. Bestchange.ru was first blocked in 2017 and again in March 2019. It was issued its
News • Bitcoin • Aug 30, 2020
Russian media watchdog (Roskomnadzor) has blocked the popular Russian currency exchange monitoring website bestchange.ru again. The free website assists users in finding the best rates for exchanging currencies and was launched in 2007. Bestchange.ru was first blocked in 2017 and again in March 2019. It was issued its
News • Bitcoin • Aug 30, 2020
This column does not necessarily reflect the opinion of the editorial board or the BTC Times and its owners. What Is a Shitcoin? A few definitions I found around the internet: * A pejorative term used to describe an altcoin that has become worthless. * A cryptocurrency of little to no value,
Opinion • Altcoins • Aug 29, 2020
According to a civil forfeiture complaint filed by the U.S. Department of Justice (DoJ), North Korean hackers allegedly stole around $28.7 million worth of cryptocurrencies in two separate hacking attacks, first on July 1st of 2019, and second on September 25th of 2019. The DoJ was able to
News • Bitcoin • Aug 28, 2020
Dennis Lockhart, who served as the president of the Atlanta Federal Reserve for a decade, believes the U.S. economy may experience a “double-dip.” Considering the Fed’s new policy which targets a 2% average inflation rate, Bitcoin could stand to benefit. If the “Pessimistic” Double-Dip Scenario Happens, Bitcoin Could
News • Economy • Aug 28, 2020
The Magical Crypto Friends, a collaboration between Litecoin creator Charlie Lee, Blockstream CSO Samson Mow, angel investor WhalePanda, and Tari Labs co-founder Riccardo Spagni, have revealed the dates for the first ever Magical Crypto Conference VR (MCCVR 2020), the first Bitcoin conference hosted completely in a virtual reality setting. MCCVR
Press Release • Bitcoin • Aug 27, 2020
Global Macro Investor CEO Raoul Pal believes Bitcoin could outperform gold over the long term, arguing that while both stores of value benefit from inflation, Bitcoin has a significantly higher potential upside than the precious metal. At the Jackson Hole Symposium on Thursday, Federal Reserve chair Jerome Powell announced the
News • Bitcoin • Aug 27, 2020
The U.S. Federal Reserve chair Jerome Powell gave the much anticipated Jackson Hole speech on August 27th. As strategists expected, Powell addressed inflation and the Fed’s intent to adjust its monetary policy. Theoretically, the speech should have buoyed the sentiment around Bitcoin and gold. The Fed said it
News • Economy • Aug 27, 2020
The Bitcoin price has been testing the $11,400 support area since August 26th. In the near term, two key on-chain metrics could raise the probability of an extended consolidation phase. The last time Bitcoin repeatedly tested the $11,400 support level was August 12th. At the time, Bitcoin rebounded
News • Bitcoin • Aug 27, 2020