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Bitcoin – Page 1616 – DIGIT INFO

How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. Also … Read more

Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism.  Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ … Read more

Crypto Luminary Impersonation Scammers on Social Media Raked in Millions in 2018

Over the last two years, as cryptocurrencies gained mainstream attention, scammers have become far more prevalent. One particular social media scam that can be found on prominent websites like Twitter, Facebook and Instagram is the impersonation of well-known crypto industry executives and blockchain luminaries. Unfortunately even a verified account means nothing these days and these … Read more

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall … Read more

Bitcoin Price Analysis: Short-term BTC/USD Breakout Seems Imminent

When looking at the overall cryptocurrency market, it is evident most altcoins and tokens require positive Bitcoin price momentum to achieve an uptrend. Unfortunately, the world’s leading cryptocurrency hasn’t done great in this regard. Traders are not too certain what to make of the market, although a potential short-term price increase seems plausible at this stage. … Read more

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