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According to a team of Indian lawyers, the Supreme Court of India refused request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency by the country’s central bank. The Reserve Bank of India (RBI) issued a circular essentially banning crypto services, which will remain in place at least until a formal hearing. Also … Read more
The price of bitcoin has sunk even lower during the past 24 hours. Yesterday’s price stood at $8,600 – a nasty drop from last weekend’s high of $9,800. Many were expecting bitcoin to test the $10,000 mark, which didn’t occur. In fact, last week has been the worst in bitcoin’s history since early April, when … Read more
The first initial coin offering (ICO) by a publicly traded company in Thailand has begun trading on a couple of local exchanges. Meanwhile, the regulators are still drafting the legal framework for cryptocurrencies and token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space First Public Company to Launch ICO The launch of an … Read more
A lot of people were surprised when Japan’s GMO Internet confirmed they would venture into the world of Bitcoin mining. Even so, the firm has been doing so successfully for five months now. In its most recent monthly report, the firm indicated that its hash rate has increased significantly, even though Bitcoin Cash mining has … Read more
Although it seems as if most people only got acquainted with the Pineapple Fund yesterday, the venture is shutting down once and for all. This “experiment in philanthropy” has seen many great successes, but the time has come to move on. It will be interesting to see which venture takes its place. Donating $55 million … Read more
According to a recent study, 5,000 Indian software developers currently have the skill sets to work on cryptocurrency and blockchain projects. 10,000 more developers can be easily trained but an additional 30,000 would require extensive training. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 5,000 Developers Qualified A recent study by HR company Belong … Read more
Notoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins … Read more
When it comes to Bitcoin, the main barrier to mainstream use is the volatile price. Microsoft started accepting Bitcoin, then stopped, and then welcomed it back. Bitcoin, which was intended to solve the currency inflation problem, has rather turned into a means of storing value. It’s too precious and too unpredictable for real-world usage. The crypto community … Read more
Fundstrat Global, a favorite research firm in the cryptosphere with Wall Street-street cred, is once again providing eye-popping bitcoin (BTC) predictions. This time analysis depends largely on what’s known as the mining economy. Hash power and hardware advancement all combine to show a possible $36,000 BTC price by the end of next year, they claim. … Read more
Last month we re-opened our Bitcoin.com Store after some construction and a bit of hiatus. After a month of operation we’ve added even more to the store with hardware wallets, new t-shirts, Cryptomatic watches, and now we’re even selling Amazon gift cards. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and Research Crypto-Infused Products for … Read more