Bitcoin

Will Increasing Regulatory Scrutiny Reduce Bitcoin’s Criminal Uses and Encourage Adoption?

In the past, the public has largely viewed cryptocurrencies – and Bitcoin in particular – as tools widely used by criminals that provide them with unfettered anonymity while they facilitate nefarious transactions on the dark web. Although the public’s perception of BTC and other digital currencies may have been altered slightly after the 2017 bull […]

Bitcoin

Hong Kong Restricts Bitcoin Mining, Will it Lead to a Change in Attitude Towards Crypto?

At the start of this month, James Lau, Hong Kong’s Secretary for Financial Services and Treasury, informed the Legislative Council that the purchase of mining equipment falls under the Trade Descriptions Ordinance. This move places restrictions on who can mine cryptocurrencies like bitcoin. But, does it also signal a change in attitude towards crypto by […]

Bitcoin

Binance Coin (BNB) Falters Pushing Bitcoin Dominance Index to 2019 High

Binance Coin (BNB), the best performing cryptocurrency in 2019, is having hard times maintaining its recent gains despite major developments. Meanwhile, the Bitcoin dominance index has hit its highest so far in 2019.  Binance Coin Struggles As Bitcoinist reported last week, Binance Coin (BNB) 00 is amongst the best performing cryptocurrencies in 2019 so far. Year-to-date, […]

Bitcoin

Why Bitcoin Can Only Go Up From Here

Bitcoin price hit a new ATH this year reaching $ 5,600. The next stop looks to be $ 6,000. HODLers are daring to dream… But, let’s keep a little perspective. All major coins are still a (very) long way off their all-time-highs. That could be significant in itself, though. After all, the bounce-back can only […]

Bitcoin

Credit Suisse Head: Banking Culture Hinders Blockchain Adoption – An Opportunity for Crypto?

Blockchain, the innovative distributed data storage method backing almost all of the more than 2,000 crypto assets existing today, has been often touted as a way to drastically improve the efficiency of traditional banking. However, according to the Head of Digital Market Assets at Credit Suisse, the uptake of the technology has been slower than […]