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Iceland: Figurehead in Bitcoin Miner Heist Jailed for More Than Four Years

An Icelandic man has received a four-and-a-half-year prison sentence for stealing Bitcoin mining equipment, local English-language news outlet Iceland Monitor reported Jan. 17. Sindri Þór Stefánsson, who in April 2018 boarded a flight to Stockholm from Reykjavik reportedly with a stolen passport, was subsequently arrested in Amsterdam and returned home. Stefánsson claimed he legally fled … Continue reading Iceland: Figurehead in Bitcoin Miner Heist Jailed for More Than Four Years

Bitcoin (BTC) Darknet Transactions Doubled In 2018: Why This Is Bullish

  Since Bitcoin (BTC) burst onto the global stage in 2009, the cryptocurrency, known for its decentralized, immutable, censorship-resistant, pseudonymous, and borderless nature, has become a medium for transactions of all shapes and size. And just like U.S. dollars and other government-issued currencies, BTC has found use cases in illicit transactions. Whether it be purchasing … Continue reading Bitcoin (BTC) Darknet Transactions Doubled In 2018: Why This Is Bullish

Federal Reserve Bank of St Louis Recognizes Bitcoin as Permissionless and Decentralized, Says It’s Not Going to Zero

While the naysayers say Bitcoin’s price is ultimately going to zero, a new report from the St. Louis Federal Reserve examines the long-term prospects for Bitcoin’s price, saying the nascent asset is unlikely to fall to zero. The price of Bitcoin fell nearly 85% in 2018 and is now hovering around $3,700. With such a substantial … Continue reading Federal Reserve Bank of St Louis Recognizes Bitcoin as Permissionless and Decentralized, Says It’s Not Going to Zero

Crypto Analyst Brian Kelly: ‘No Shot’ for Bitcoin ETF in 2019

Crypto entrepreneur and regular contributor to CNBC, Brian Kelly, claimed that there is no chance for a Bitcoin (BTC) exchange-traded fund (ETF) approval in 2019. Kelly made his remarks in an interview with Cointelegraph at the Crypto Finance Conference, Switzerland, Jan. 18. Discussing the overall state of the cryptocurrency market, Kelly predicted that 2019 will … Continue reading Crypto Analyst Brian Kelly: ‘No Shot’ for Bitcoin ETF in 2019

Crypto Market Begins to Fall Rapidly Again: Bitcoin Below $3,500

Bitcoin fell below $3,500 as $5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all cryptocurrencies in the global market comes after a strong sell-off on January 11......... Source: Crypto Market … Continue reading Crypto Market Begins to Fall Rapidly Again: Bitcoin Below $3,500

Billionaire ‘Bond King’ Weighs Stocks and Bitcoin, World Bank Forecasts ‘Darkening Skies’ and Federal Reserve Prepares to Press Pause | The Daily Hodl

‘Bond King’ Jeffrey Gundlach, founder of DoubleLine Capital LP, an investment firm with $200 billion under management, gave his 2019 outlook on stocks and Bitcoin during his annual “Just Markets” webcast on Wednesday. Gundlach, who called the stock market sell-off in December 2018, says Bitcoin could bounce 25%. “I don’t recommend anything with Bitcoin, but if … Continue reading Billionaire ‘Bond King’ Weighs Stocks and Bitcoin, World Bank Forecasts ‘Darkening Skies’ and Federal Reserve Prepares to Press Pause | The Daily Hodl

Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge | NewsBTC

Following the cryptocurrency market’s recent plunge that occurred when Bitcoin failed to stabilize above the $4,000 price level, the crypto markets have seen further instability, with many altcoins continuing to drop today. Now, the markets, and Bitcoin in particular, appear to be forming fresh trading ranges that could be highly profitable for risk tolerant traders … Continue reading Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge | NewsBTC

Bitcoin Whales Awaken: What Does This Mean for BTC Price? | NewsBTC

The number of long-dormant Bitcoin wallets becoming active once again is rising according to a crypto research group. According to those compiling the data, this could pave the way for large price moves. Other times during Bitcoin’s history where a large percentage or long-dormant wallets have “awakened” have corresponded with dramatic moves to the upside. … Continue reading Bitcoin Whales Awaken: What Does This Mean for BTC Price? | NewsBTC

10 Year Anniversary of Hal Finney’s Running Bitcoin Tweet: Rapid Growth

The late cypherpunk and cryptographer had just become the first person to receive the digital currency from its creator Satoshi Nakamoto himself. But more importantly, he had become the first person to trust bitcoin for its immense potential. He would run its code, review its anonymity and environmental drawbacks, suggest changes, and would entirely immerse … Continue reading 10 Year Anniversary of Hal Finney’s Running Bitcoin Tweet: Rapid Growth

Bitcoin’s Price Plunges to $3,850 as Crypto Market Loses $8 Billion in Sudden Drop

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