Bitcoin

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Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro

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This week three luxury apartments located in Budva, Montenegro sold for 420 BTC (3.2Mn USD) according to Notary Office and the firm Astra Montenegro Investment Association (AMIA). Furthermore, the AMIA has been successfully promoting the use of digital currencies in Budva and has convinced the neighboring Dukley hotel, Beach Lounge, and Marina to accept BTC. … Read more

Six Major Banks in Chile Sued by Another Cryptocurrency Exchange

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A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit follows another one filed in Chile against ten banks by a different crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Banks … Read more

BTC Markets Update: Major Symmetrical Triangle Set to Break

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The BTC markets are currently testing two major trendlines comprising a major symmetrical triangle. As of this writing, bitcoin appears to be following a major ascending trendline that dates back to mid-2017, whilst simultaneously testing a descending trendline that runs from December’s all-time high of nearly $20,000 USD to the local high of approximately $10,000. … Read more

Korean Crypto Exchange Coinone and 20 Traders to Face Charges Over Margin Trading

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The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinone’s Investigation Concludes South Korea’s Cybercrime Investigation … Read more

Bitcoin Price Fell by 2% Due to Brief Bitfinex DDoS Attack

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Exchanges are an important cog in the machine that is cryptocurrency. Despite their centralized nature, consumers and speculators rely heavily on these platforms on a daily basis. For Bitfinex users, there was a slight scare on Tuesday when trading was halted for a short while. Another Issue for Bitfinex Although cryptocurrency exchanges have seen their fair … Read more

Bitcoin Price Watch: Currency Spikes to $7,700

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At press time, bitcoin is trading at the $7,700 mark. This is the highest it’s been in several days after suffering through several small, but noticeable drops that brought it down to $7,300 during Tuesday’s early morning hours. One of the biggest bitcoin pushes recently came from an unlikely source: the SEC. Chairman Jay Clayton … Read more