The Australian Transaction Reports and Analysis Centre (AUSTRAC) suspended two bitcoin exchanges suspected of having links with drug crime syndicates. Joint AUSTRAC and @AusFedPolice media release: One man charged and two cryptocurrency businesses suspended following organised crime investigation https://t.co/dbF6jNK4FT — AUSTRAC (@AUSTRAC) March 8, 2019 The move followed the arrest of a 27-year old Bulleen…
While investors are still reeling in pain due to 2018’s downturn, Bitcoin (BTC) remains drastically higher than it was two years ago. In fact, in the past 24 months, BTC has moved from $1,200 to $3,900 — a rally of 3.25 times. These gains may sound impressive, especially considering the relatively measly 10% that the…
Bitcoin’s price has continued to climb today following a recent period of choppy sideways trading. Although BTC’s climb to above $3,900 is certainly positive for the cryptocurrency, it is now approaching the low-$4,000 region, which has historically been a strong level of resistance for the cryptocurrency. Although Bitcoin has not incurred any significant buying volume,…
As the “crypto winter” extends and prices seem have once again resorted to an all-too-familiar sideways trading range, there is nothing quite like a shot of hopium to rekindle potentially dwindling passions. With that in mind, here are some of the most flamboyant Bitcoin price predictions of recent years. Is a $1 Million Bitcoin Really Possible?…
Bitcoin prices consolidating but bullish Obscure banks real culprits in money laundering Transactional volumes drop below average Findings indicate that centralized global banks are agents of money laundering and not Bitcoin or cryptocurrencies as peddled by mainstream media. With high transparency level of public blockchains as Bitcoin’s, the native coin, BTC stands to be the…
When the Reserve Bank of India (RBI) warned its citizens about the risks of trading and holding cryptocurrencies in December 2013, it was a reformist move. Cryptocurrencies, or should we say bitcoin, was a new phenomenon back then. Every country out there had its share of doubts about it. And correspondingly, they all, like India,…
Bitcoin price broke the key $3,860 resistance and traded to a new weekly high against the US Dollar. The price is losing bullish momentum, but it is likely to continue above $3,900 and $3,940. There is a key bullish trend line formed with support at $3,850 on the hourly chart of the BTC/USD pair (data…
For many of the unconverted in the so-called developed world, Bitcoin is seen as something for speculators at best and criminals at worst. However, as the highly respected Bitcoin evangelist Andreas Antonopoulos argues, one of the most revolutionary adoption cases for Bitcoin won’t be in the United States, UK, or Australia. In these countries and…
The internet was set ablaze when rumors began circulating that Samsung’s flagship smartphone, the Galaxy S10, may potentially support cryptocurrencies like Bitcoin and Ethereum via a Blockchain Keystore application. Samsung’s reveal event confirmed the existence of the Blockchain Keystore app that serves as a crypto wallet for top cryptocurrencies, however, the most important cryptocurrency of…
A group of investigative journalists uncovered a $9 billion money laundering scam rooted from Russia’s largest private bank and unsurprisingly, it doesn’t involve Bitcoin. The scheme, which enabled perpetrators to funnel billions from shell companies to the global banking system, was exposed by the Organized Crime and Corruption Reporting Project (OCCRP) with assistance from the Guardian…