bitcoin news

Minister Says India, Like Other Nations, Extremely Cautious on Libra

October 28, 2019
Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s Libra. During last week’s 2019 Annual Meetings of the International Monetary Fund and the World Bank in Washington, D.C. — which included a discussion of the Libra project

Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings

October 28, 2019
In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.” Cause for optimism The letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18-19 is good news while maintaining that the

Aliant to Pay Part of Employees’ Compensation Packages in Bitcoin

October 22, 2019
United States merchant services provider and payment processing firm Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. In a press release on Oct. 16, Aliant said that the offer reflected a desire that employees become invested customers in the shift to digital currency. Aliant’s evolving crypto payments

Binance Futures Bucks ‘Dismal’ Volume Trend — Trades a Record $700M

October 22, 2019
Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows. Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s senior market strategist Mati Greenspan on Oct. 15 revealed cryptocurrency markets had all but bottomed out in terms of activity. From

New DLT Protocol Scalable, Secure Without Consensus, Researchers Claim

October 22, 2019
Researchers have developed a new algorithm for distributed ledger protocols, which reporters claim could achieve security without the high power consumption of Bitcoin (BTC) mining. The algorithm, “Scalable Byzantine Reliable Broadcast,” was outlined in a paper first published this August and being presented today, Oct. 16, at the International Symposium on Distributed Computing (DISC 2019)

Grayscale: Q3 Saw Record High Inflows, Growing Institutional Interest

October 22, 2019
Digital asset management giant Grayscale registered over $254 million in total investment into its products in the third quarter of 2019. In its Digital Asset Investment Report for Q3 2019, Grayscale provided details on the inflows into its products for the period from July 1, 2019 through Sept. 30, 2019. The third quarter of the

Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC

October 21, 2019
The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application

Oxford English Dictionary Adds ‘Satoshi’ — Bitcoin’s Smallest Unit

October 21, 2019
The Oxford English Dictionary (OED) announced on Oct. 9 that it added the word “Satoshi,” Bitcoin’s (BTC) smallest unit. In the update published on the firm’s blog, OED notes that the word is the most recent addition to its dictionary, claiming the word was first used seven years ago. The announcement notes: “A satoshi is

Major China Bank Releases New Version of Blockchain Trading Platform After $50 B in Transactions

October 18, 2019
The CCB or China Construction Bank, which is one of the top four banks in China, has released a second version of its platform for blockchain trading – BCTrade 2.0. The original version just reached $50 billion in transaction volumes. BCTrade 2.0 is a finance platform for blockchain trading with around 54 domestic and international

UK real estate firm accepts bitcoin for sale of 150-year-old church

October 18, 2019
A 150-year-old English church is being sold for $1.5 million with the vendor accepting payment in Bitcoin (BTC). Vendor is willing to receive payment in Bitcoin According to a listing on Rightmove, a major British online real estate portal and property website, a vendor put an 18th-century church converted into a seven-bedroom character property up