India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and ExtortionAccording to Indian media, eleven people were involved in a kidnapping and bitcoin extortion ring, and of the accused ten are police officers, including an Inspector. Three victims were abducted and beaten until they allegedly gave up 200 bitcoin worth over one million dollars USD. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Police Arrested […]

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Poles Protest Unfair Taxation of Crypto Incomes and Profits

Poles Protest Unfair Taxation of Crypto Incomes and ProfitsA decision by the Polish government to tax crypto transactions, even those that do not return profit, has provoked discontent among traders in the country. The local crypto community has decided to protest against the official stance of the Finance Ministry with an online petition which is gathering support. Taxes on crypto-related income in Poland […]

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Bitcoin Price Watch: Currency Settles at $6,800 After Drop to $6,700

Bitcoin is currently standing at $6,800. After a weekend rise to $7,000, the coin’s ascension was halted suddenly and fell back to the $6,700 mark. It has risen by over $100 since yesterday. The previous rise could be attributed to major financial players getting involved in the crypto space. After repeatedly calling bitcoin a “bubble” and “mere speculation,” wealthy hedge fund manager George Soros gave his company Soros Fund Management a clear path towards cryptocurrency investments and announced that the venture would start trading cryptocurrencies within the coming months. Considering Soros’ power in the financial industry, it’s safe to say

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Bitcoin Price Refuses to Drop Below $6,500

TheMerkle Athena Bitcoin Bitcoin CashIt has been pretty difficult to make sense of the cryptocurrency markets throughout most of 2018. That situation will not improve in the near future either, although there are a lot of opportunities waiting to be explored as of right now. One remarkable trend is how the Bitcoin price, while still suffering from downward momentum, seemingly refuses to drop below $6.500 as of right now. The Bitcoin Price is Preparing for a Boost As has become quite evident throughout most of 2018, there is little to no positive market momentum to take note of right now. This is only normal,

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Venezuela Approves Decree on the Use of Cryptocurrencies

Venezuela Approves Decree on the Use of CryptocurrenciesVenezuela’s National Constituent Assembly has approved the decree on the use of cryptocurrencies and the country’s new “oil-backed” currency, after repeatedly declaring the Petro illegal. The new currency began its initial coin offering last month as the Venezuelan president continues to strongly push its use. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

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