As of today, there are around 4,200 Bitcoin ATMs, which are placed in more than 75 countries around the world. Now, the first Bitcoin ATM in Venezuela is to be launched within the next 2 weeks. The news reportedly comes from the CEO of Cryptobuyer, Jorge Farias. Cryptobuyer is a company that helps people get…
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The major reason why many countries have stayed away from Bitcoin is that the Satoshi currency can be used for illegal activities such as money laundering, terrorist financing, etc. Because of its renowned "anonymity" feature through the power of blockchain, Bitcoin has often been taunted as the "terrorist money". Another way to use Bitcoin illegally…
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The US sanctions have taken a toll on the Russian economy and the ruble. Just like other national currencies that experienced a sharp drop in value after the Trump's Administration issued new sanctions, the Russian ruble dropped to a 2-year low in the summer of 2018. However, a Kremlin economist now says that the negative…
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Many are predicting that the next financial crisis will hit anywhere in 2020. The cryptocurrency market is going from major highs to major lows, and its market cap is swinging from "strange" numbers such as $500 billion, $300 billion to $728 billion in December 2017. Now, the crypto market cap is around $120 billion. The…
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The idea of a Bitcoin ETF has never left the minds of investors, it seems. In 2018, the SEC turned down more than a dozen applications for a Bitcoin ETF product. The SEC even created a special department that will investigate the essence, purpose and future of the entire blockchain and cryptocurrency industries. 2019 has…
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Crypto enthusiasts unite! You can almost hear a rebellion a foot in the crypto world of “Hodlers”, jargon for anyone holding cryptocurrency for the long term. These folks are tired of hearing of exchange compromises and do not want to take it anymore. To raise public awareness of the issue and to determine if specific…
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For the second time in the past few months, stock values have plummeted, while values for Bitcoin and its altcoin brethren have surged. There has been an ongoing debate among analysts and investors as to whether movements in the stock market can be correlated with those for cryptocurrencies. The possibility of such a “tethering” may…
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Bitcoin has tumbled big time, going from almost $20,000 in December 2017 to almost $3,000 in December, 2018. While the "people's currency" has dragged other alt coins to the near bottom, including Ethereum, Litecoin and many more, the crypto market managed to add around $45 billion in less than 10 days to its market capitalization.…
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OKEx, the second-largest cryptocurrency exchange by traded volume, has recently launched a new product called Perpetual Swap, which is a virtual derivative based on BTC/USD price speculation. The mechanism behind the new derivative product is similar to the one of futures contracts. The major difference, however, is that the perpetual swap does not have daily…
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Bitcoin is back once again over an all-important psychological support level of $4,000. The price of the most popular cryptocurrency dropped to its lowest point since August 2017 last month. Its price however is now slowly, but steadily, rising more than 7% yesterday alone and 33% over the last 5 days. According to some, this…
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