Bitcoin 

Libra Confident, France Angry, Domino’s BTC Prize: Hodler’s Digest, Sept. 9–15

Top Stories This Week Facebook’s crypto launching in H2 2020, says Libra Association chief The head of the not-for-profit driving Facebook’s Libra digital currency has said he is confident that seemingly endless regulatory difficulties can be ironed out — paving the way for the token to launch in the second half of 2020. Bertrand Perez’s comments came on Thursday — the same day French Finance Minister Bruno Le Maire warned “we cannot authorize the development of Libra on European soil.” He fears that the stablecoin puts monetary sovereignty of European…

Read More
Bitcoin 

Major BTC ATM Network Garners $1.5 Million From Xpring and New VC Fund

Ripple’s Xpring and Blockchain Finance Fund have invested $1.5 million in Seattle-based crypto ATM startup Coinme. Coinme secures $1.5 million in funding On Sept. 12, Coinme, a global leader in cryptocurrency ATMs, announced that it had secured $1.5 million in funding from Ripple’s Xpring and the Blockchain Finance Fund to further develop its cryptocurrency ATM network in the U.S. and international markets. Coinme, in partnership with Coinstar, powers the world’s largest Bitcoin (BTC) ATM network, with over 2,600 kiosks across the United States. Neil Bergquist, co-founder and CEO of Coinme…

Read More
Bitcoin 

Russian Lawyers Claim 200,000 BTC Lost in Mt. Gox Can Be Recovered

Russian law firm Zheleznikov and Partners proposed legal action in Russia that should enable its lawyers to recover up to 200,000 Bitcoin (BTC) lost in the Mt. Gox fiasco. Recover losses on behalf of Mt. Gox victims On Sept. 12 in a Q&A with Andy Pag, a former BBC journalist, the Moscow law firm outlined its proposal to recover close to $2 billion in BTC on behalf of the victims of the hack of the now-defunct Mt. Gox exchange, which according to its lawyers has the promise of making the…

Read More
Bitcoin 

Top-5 Crypto Performers: XMR, EOS, BCH, BTC, DASH

The United States Federal Reserve is not working on a digital currency of its own, said Fed Chair Jerome Powell. He said that cyber security issues are likely to deter central banks from releasing their own digital currency. However, reports suggest that China might launch its digital currency as early as Nov. 11. If the Chinese digital currency becomes a success, it will force other central banks to launch their own to keep up with the competition.  There are several important events lined up in the next few months that…

Read More
Bitcoin 

Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address

The recipient wallet of the $1 billion Bitcoin (BTC) transaction on Sept. 6 is now presumed to be the first richest non-exchange address. The recipient wallet of the massive 94,504 Bitcoin ($1.031 billion) transaction is the top richest Bitcoin address that is not reportedly associated with any crypto-related company, according to data from monitoring resource Bitinfocharts. Top 5 richest Bitcoin addresses. Source: Bitinfocharts A third of the coins came from Huobi According to data by London-based blockchain data provider TokenAnalyst, at least one third of the mysterious transaction directly originates…

Read More
Bitcoin 

Mystery Behind Sudden Spike in ‘BTC’ Searches Tied to Hurricane Dorian

Internet searches for what appears to be the Bitcoin price ticker “BTC” have spiked to unprecedented highs, fresh Google Trends data reveals.   Between Aug. 29 and Aug. 31, BTC searches worldwide catapulted from a value of 2, through to 64 (on Aug. 30) and up to the maximal level of search interest, denoted by a value of 100.  As of Sept. 3, the value has dropped back to 74 — yet the sudden surge in BTC searches seems even more unusual given that searches for “Bitcoin” have stayed virtually level…

Read More
Bitcoin 

OKCoin Pledges up to 1,000 BTC to Developers of BTC, BCH and BSV

San Francisco-based, fiat-focused crypto exchange, OKCoin, recently announced the launch of a voting-driven initiative to donate up to 1,000 BTC to developers of Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin Satoshi’s Vision (BSV). Voting starts today According to a press release shared with Cointelegraph on Sept. 3, OKCoin, one of the top exchanges by adjusted volume, has pledged to dedicate up to 1,000 BTC to the development of Bitcoin, Bitcoin Cash and Bitcoin SV. The initiative, called ‘Let’s Build Bitcoin Together,’ asks crypto enthusiasts to go to the OKCoin platform…

Read More
Bitcoin 

Will Bakkt’s Launch This Month Take BTC to New Highs?

Bakkt has been approved, and starting Sept. 6, clients will be able to deposit their funds into the Bakkt Warehouse, in anticipation of trading beginning on Sept. 23.  Is this time different or will the market reaction to this latest institutional product launch echo that of the CBOE futures launch in December 2017 — which resulted in Bitcoin (BTC) price dropping 85% over the following twelve months. Institutional investors to trade actual Bitcoin on Bakkt A key difference between the CBOE and CME future products and Bakkt’s, is that the…

Read More
Bitcoin 

Top-5 Crypto Performers: BSV, BTC, XRP, LEO, IOTA

The long-awaited Bakkt platform will start accepting depositс of funds in the Bakkt Warehouse starting Sep. 6. The futures platform will launch on Sep. 23 and is expected to attract institutional investors because the settlement will be in Bitcoin (BTC) and the platform will offer the same cyber and physical security protections as the New York Stock Exchange.  Telegram Open Network’s (TON) blockchain public testing is expected to start on Sep. 1, according to sources. The blockchain will be integrated into the messaging app, which will be a huge positive…

Read More