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Bitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital … Read more
Buying and selling property using cryptocurrency is less straightforward than was first assumed. The handful of mortgage lenders and realtors who were initially keen are now reluctant to accept crypto deposits due to money laundering fears. Until there is greater clarity concerning crypto regulation, due diligence procedures and taxation, potential participants are opting to wait … Read more
During the first week of 2019, Holberton School in New Haven, whose two-year higher education program aims to “drive the digital transformation revolution,” received a large cryptocurrency donation. On Monday it was announced that the cofounder of software suite the Scroll Network, Nathan Pitruzzello, donated $10,000 worth of digital currency to the Connecticut school that’s known … Read more
U.S. federal law enforcement authorities are among the most active criminal agencies globally against cryptocurrency infractions. A new example of this is that FBI and Homeland Security agents have reportedly raided a technology campus over unauthorized cryptocurrency trading. Also Read: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London Unauthorized Crypto Trading According to … Read more
Hong Kong-based Coinflex exchange has announced plans to offer futures contracts for bitcoin core (BTC), bitcoin cash (BCH), and ethereum (ETH) with leverage of up to 20x. All futures bought and sold on the exchange will be physically delivered, meaning that when the contracts expire, holders will be paid the underlying cryptocurrency instead of cash. … Read more
Over the last eight weeks, the world has watched the yellow vest protests in France as the grassroots political movement has fought for economic justice. On Sunday, the well known street artist Pascal Boyart (Pboy) revealed a mural that contains a solvable puzzle with 0.28 BTC inside. The artist explained that the puzzle cannot be … Read more
In today’s edition of The Daily we cover reports that Robinhood is working under the radar to hire staff in London for an expansion into the U.K., an auction of seized cryptocurrency in Northern Ireland, and comments from the founder of Fortnite developer Epic Games about rumored cryptocurrency partnerships. Also Read: Mckinsey: Despite Billions of … Read more
In today’s chatter report, we delve into the Bitcoin Cash community’s responses to Cheapair.com re-enabling BCH payments for their travel services. Also, Changpeng Zhao explains Binance’s decision to block users. Finally, Crypto Twitter fires back at Charlie Lee’s new term ‘Bitcoin Extremist’. Also read: Cheapair.com Considers Bitpay as Coinbase Terminates Merchant Processing Solutions Bitcoin Cash … Read more
Last year the Bitcoin Cash (BCH) community welcomed a BCH-based social media network called Memo.cash. Since then Memo has gathered a lot of traction with hundreds of profiles and thousands of onchain updates and conversations posted to the BCH chain. Also read: Crypto-Friendly Statesman Takes Over Swiss Presidency Memo’s Uncensorable Posts Continue to Grow In … Read more
In today’s edition of The Daily, we feature a couple of stories that show how the U.S. is potentially stifling the development of the local cryptocurrency industry by burdening companies with costly compliance. We also cover a partnership between a computer chip manufacturer and a crypto studio. Also Read: Banking Struggle Drives Bitcoin ATM Manufacturer … Read more