Tag Archives: bitcoins

‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins

An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been used in narcotics deals. While ...

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Ethereum Bull Run Over: Will Bearish Market Be Like Bitcoin’s 2014/15?

Last week, Ethereum (ETH) dropped below $ 200, which led some to believe that cryptocurrency’s bull market is over. Placeholder partner and crypto investor Chris Burniske feels that ETH is experiencing its first bear market, synonymous to what Bitcoin (BTC) went through in 2014/15. Burniske noted that 2014/15 was one of the best periods to consider investing in Bitcoin. He ...

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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt Whatsminer M20S, generating a whopping ...

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Bitcoins Largest Wallet Blockchain Just Launched Its First Crypto Exchange

Bitcoin wallet provider and blockchain explorer Blockchain just launched its first exchange platform, the PIT. CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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US Treasury Secretary Mnuchin Voices New Pessimism About Bitcoins Future

n U.S. Treasury Secretary Mnuchin says he will neither talk about nor be loaded up on Bitcoin in the next five to ten yearsn CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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Bitcoin’s Survival Depends on an Uncensorable Internet

In an age of unprecedented censorship, surveillance and rampant deplatforming, Bitcoin stands out as a beacon of hope. Its decentralized ledger enables value to be transmitted to anyone, anywhere without fear or favor. Whether you’re a Mongolian goat herder or a Miami drugs baron, your money is good when it’s sent as bitcoin. But Bitcoin alone is not enough. For ...

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Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes

On Wednesday, June 26, the price of BTC came close to reaching $ 14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when the market is extremely ...

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Fundstrat Co-Founder Thomas Lee Says Bitcoins Volatility Favors a Long-Term Approach

n A long-term approach is most appropriate for most bitcoin traders, according to Fundstrat Global Advisers Co-Founder Thomas Leen CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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