Sentimental of Easter: BTC Resurrects Following Midday Dump, Price of Bitcoin Returns to $7,000

With each coming day, the price of Bitcoin edges nearer and nearer to 2018 lows of just above US$6,000 achieved in early February. In the last days of March, Bitcoin saw yet another tumble, as the price saw an extended stay below $7,000, the longest period of time throughout 2018 spent in the 6k range. … Read more

This Week in Bitcoin: Hypertokenization

You’ve heard of hyberbitcoinization: how bitcoin could one day replace hyper-inflated fiat currencies. Now say hello to its lesser companion, hypertokenization: the idea that there should be a token for everything. Like salt and pepper, tokens are best enjoyed in moderation, but if the top stories from This Week in Bitcoin are an indicator, we … Read more

Bittrex Opens a Stablecoin-Stablecoin Market, Just Because It Can

The world of cryptocurrency is always full of surprises. Bittrex, one of the top altcoin exchanges, is upping the ante by pairing stablecoins with one another. Its USDT-TrueUSD pair is certainly controversial, as it seemingly serves no real purpose at first glance. What is Bittrex Trying to Achieve? These days, stablecoins are a lot easier to come … Read more

Arizona Bitcoin Trader Awaits Sentencing for Money Laundering

Trading Bitcoin tends to attract a lot of attention from the authorities these days. This is especially true when trading it in a peer-to-peer fashion. One man’s Bitcoin trading activity will land him in jail due to five money laundering charges. A Major Blow for P2P Bitcoin Trading Arizona-based Thomas Costanzo was found guilty of five counts … Read more

Scammer Miserably Fails to Steal Bitcoin from ICO Team

Most people are all too aware that scammers have been targeting the ICO industry for quite some time now. It seems some criminals are shifting their attention from potential investors to the people organizing these crowdsales. It’s a very peculiar trend, although it seems there is still a lot of work to be done until people actually … Read more

US Bitcoin Trader Convicted for Illegal Money Transmission and Laundering

The U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $164,000 worth of cryptocurrency trades. Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security Two Years Worth of BTC Trades Investigated The U.S. Attorneys Office … Read more