Arizona Bitcoin Trader Being Convicted For Cryptocurrency Laundering A Bitcoin trader from Arizona has been convicted for using cryptocurrency with a purpose of money laundering. Thomas Mario Costanzo, who goes by Morpheus Titania on Twitter and operated a peer-to-peer bitcoin exchange website, was found…

Intel Prepares To Patent A Bitcoin Mining Accelerator A newly-published filing reveals, that Tech giant Intel is seeking to patent a hardware “accelerator” for bitcoin mining chips. The application was published on Thursday, though it was originally submitted to the U.S. Patent…

Cryptocurrency Accounting Standards Set In Belarus Belarus is a European country, home to a population of just nine million people. Famous for its sweeping green landscapes and beautifully clean cities, it’s rare the country makes headlines with regards to cryptocurrency news. The Ministry of…

Mandela’s Gold Hand Being Sold For $10 Million In Bitcoin The latest unusual buy in the art world was solid gold castings of Nelson Mandela’s hands, which were sold for $10 million in bitcoin. The four casts were owned by South African…

Twitter Intends To Block Cryptocurreny Ads Twitter will make it hard for fraudsters to perform deceptive activities by blocking cryptocurrency ads on its platform. The ban will generally target advertisements of initial coin offerings (ICOs), token sales, and crypto wallet services. The…

Crypto Task Force Launched By UK Government The U.K. Exchequer Chancellor Philip Hammond is expected to announce a government “crypto assets task force”  and a host of other fintech initiatives on Thursday. The Treasury’s office statement says, that Hammond will reveal the…

Twitter’s CEO View: Bitcoin Will Be The World’s Single Currency Last year was booming crypto space, when over 1,000 different types of virtual currencies being traded on various exchanges worldwide. Jack Dorsey, the Silicon Valley entrepreneur predicts that bitcoin is going to…

Iceland Energy Consumption For Bitcoin Mining Is More Than Home Powering According to the Icelandic energy firm HS Orka, the country is expected to use more energy processing Bitcoin transactions in 2018 than it uses to power its homes, consuming some 840…

The US National Security Agency Starts To Identify Bitcoin Users According to a report, the US National Security Agency (NSA) is reportedly able to locate senders and receivers of Bitcoin around the world, as classified documents provided by Edward Snowden reveal. According to other documents, The NSA…

Bitcoin Price At $91,000 By March 2020: Fundstrat’s CEO Tom Lee A well-known crypto proponent Tom Lee from Fundstrat Global Advisor sticks to bullish predictions, when it comes to Bitcoin. He already stated in July 2017, that the major cryptocurrency would rise…

The BTC Price Is Rebounding On Monday, the cryptocurrency market has responded positively to its weekend meltdown and pushed higher during Asian trade. According to Coin Market Cap, the value of the entire market has raised to $312 billion. The market was…

The Largest Bitcoin Farm Prepared In The UK According to Saturday report, a British IT hardware supplier Bladetec recently announced his plans to build a Bitcoin farm in the South East of United Kingdom. The company aims to raise  £10 mln or…

Twitter Is Going To Ban Cryptocurrency Advertisements After Google and Facebook, Twitter is likely to prohibit cryptocurrency advertisements on its platform. The new Twitter policy will be implemented in two weeks, according to a Monday report. It also adds: “Twitter may also…

Bitcoin Investor Peter Thiel Believes Bitcoin Will Be Internet Equivalent Of Gold. The PayPal co-founder Peter Thiel believes that Bitcoin has the possibility of becoming gold-like safe haven. He compared bitcoin to a digital version of gold and argued that the quest…

A Hedge Fund Billionaire Bets On Crypto Billionaire Alan Howard Makes ‘Sizable’ Bet on Cryptocurrency Bloomberg reports that Howard started investing in cryptocurrencies last year and keeps his plans to do so in the near future. Howard, a co-founder of Brevan Howard…

Winklevoss Brothers’ Gemini Exchange To Add Bitcoin Cash And Litecoin The famous cryptocurrency investors the Winklevoss twins announced their plans for their crypto exchange Gemini. They said that the platform will add Litecoin and Bitcoin Cash this year. Currently, Gemini trades only Bitcoin and…

Bitcoin At A Five-Week Low Under $8,000 Bitcoin has tumbled to a five-week low of below $8,000 as it continues to be battered by negative news. Currently, bitcoin’s price is down 4.51% at $7,827.21 a coin. This is about $2,000 below the…

UK Financial Profesionals Bet On Rising Cryptocurrencies The financial services professionals and retail investors from Britain are optimistic about the near future of cryptocurrencies and are looking to increase their exposure. Nearly 54% of them expect their prices to rise over a…

Bitcoin Facts You Should Know Bitcoin Is Programmable Money. Bitcoin and other cryptoassets operate under the same philosophy as past monies. What determines money is a shared set of rules for exchanging value. The main difference with digital currency is that the…

Nasdaq-Listed Company Launches Bitcoin Mining: Stocks Up 32% Today Marathon Patent Group Inc. announced that it has commenced bitcoin mining at a new facility in Quebec, Canada. Investors seem to pleased by this and greatly approved the development. The company revealed that…