Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’

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Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in the country will be discussed. Also read: Regulatory Roundup – […] The post Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’ appeared first on Bitcoin News.

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business

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Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work under the upcoming EU regulations. AMLD5, the […] The post European AML Directive Pushes Crypto Startup Bottle Pay Out of Business appeared first on Bitcoin News.

Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin Cash

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On December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1. Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable exponential blockchain scaling by propagating blocks and transactions faster. Also Read: 23 […] The post Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin Cash appeared first on Bitcoin News.

Russia’s Hydra Darknet Marketplace Plans $146M Token Sale

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According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory Roundup – Bitcoin Futures Fund Approved, India’s RBI-Backed […] The post Russia’s Hydra Darknet Marketplace Plans $146M Token Sale appeared first on Bitcoin News.

December Nightmare: Bitcoin Price Plunges Below $7,000

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After trading in a tight range between $7,300 and $7,150 for several days, Bitcoin might be on the move again, heading south this time. The price of the largest cryptocurrency dropped below $7,000 on the largest margin trading exchange, BitMEX. Cryptopotato reported today that BTC could be facing a potentially huge move shortly, according to […] The post December Nightmare: Bitcoin Price Plunges Below $7,000 appeared first on CryptoPotato.

Vitalik Buterin: The Ethereum Foundation Sold 70,000 ETH At The All-Time High

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The co-founder of the second-largest cryptocurrency by market cap, Vitalik Buterin, recently admitted that the Ethereum Foundation (EF) has sold 70,000 ETH almost at the all-time high. Today, it seems like the right decision, as Ethereum’s price has plunged with over 90% since then. To Sell 70,000 ETH At The Top Vitalik Buterin, the co-founder […] The post Vitalik Buterin: The Ethereum Foundation Sold 70,000 ETH At The All-Time High appeared first on CryptoPotato.

This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving

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This Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline for the $8 billion […] The post This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving appeared first on Bitcoin News.

A Wild Ride: Ethereum (ETH) Price Is Down 90% From ATH, But Up 5000%...

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Cryptocurrencies, being relatively new, are getting more and more attention as potential investing tools. People within the community are often discussing prices and how each coin they have invested in could skyrocket, thus providing them good returns. While some might be thinking that ETH’s current price is around $145 and its all-time high was at […] The post A Wild Ride: Ethereum (ETH) Price Is Down 90% From ATH, But Up 5000% Since Inception appeared first on CryptoPotato.

Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed

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It has been a year since the founder of now-defunct crypto exchange Quadrigacx supposedly died in India. However, some 76,000 victims are still out of millions of dollars. A court-appointed lawyer representing them has now requested an exhumation and post-mortem autopsy in Canada of the dead body, highlighting the need to know if Gerald Cotten […] The post Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed appeared first on Bitcoin News.

Bitcoin Price Analysis: Bollinger Suggests HUGE BTC Move Coming Up Very Shortly

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The BTC consolidation continues: for the past four days, Bitcoin’s price range had been shrunk to $150 only. From above $7300, from below $7150. This is coming after almost two weeks, since December began, of nearly zero volatility. The only people who benefit from such a market are those who run crypto margin exchanges. However, […] The post Bitcoin Price Analysis: Bollinger Suggests HUGE BTC Move Coming Up Very Shortly appeared first on CryptoPotato.