Bitcoin

MrBitcoin November 16, 2018

Analysts from Bank of America Merrill Lynch have said that the crash in cryptocurrency and oil markets are indicators of a looming “flash crash” in markets, Reuters reported Nov. 16. The strategists reportedly suggested that rising volatility across various asset classes and deleveraging, such as that which happened in oil markets over the past weeks, […]

MrBitcoin November 16, 2018

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017: Figure 1: BTC-USD, Daily Candles, Broken Support Bitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through […]

MrBitcoin November 15, 2018

Bitcoin Cash may be in the spotlight as cryptocurrency markets tumble, but some have already played down the altcoin’s importance – even compared to Dogecoin. Much Ado About Forking Nothing While commentators from social media pundits to mainstream media networks focus on the Bitcoin Cash (BCH) 00 hard fork to explain the sudden return of […]

MrBitcoin November 13, 2018

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which […]

MrBitcoin November 10, 2018

Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping.” The suit alleges that both companies possessed flaws in their security systems and failed to properly train their employees […]

MrBitcoin November 9, 2018

Bitcoin is not without its vocal band of critics and naysayers. The Nouriel Roubinis and Paul Krugmans of this world would have you believe that Satoshi Nakamoto’s creation is 100 percent doomed to fail. Bitcoin Doesn’t Need Men with Guns Earlier in the year, Bitcoinist reported on Paul Krugman’s column in the New York Times […]

MrBitcoin November 7, 2018

Following the 2018 midterm elections, the U.S. will see two new pro-Bitcoin governors sworn into office. Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018. While their campaign points and platforms were capitalized by a progressive agenda, their favorable attitudes toward cryptocurrencies and blockchain […]

MrBitcoin November 6, 2018

After months in a seemingly endless downtrend, which saw the aggregate value of all crypto assets see a 75% haircut, analysis done by one of this industry’s best illustrates the fact that this market could finally be undergoing a breakout. “Output: Bullish” Contrary to popular belief, the crypto market’s relative non-action, which saw the volatility levels […]

MrBitcoin November 5, 2018

On November 2, 2018, Coinbase announced that it would be integrating support for Basic Attention Token (BAT), an ERC-20 token that is designed to work out-of-the-box with the privacy-centric Brave Browser, on CoinbasePro. BAT will initially trade against USD Coin (USDC), a stablecoin that Coinbase developed with Circle Ltd. and recently added to its platforms. […]