Visualizing Bitcoin Adoption Across the Globe

Bitcoin remains the most popular cryptocurrency in the world today with a network that spans across the globe. But just what the distribution of Bitcoin nodes tell us about the rate of adoption of the top-ranked cryptocurrency on a global scale? Global Distribution of Bitcoin Nodes According to a 2019 study by Themetafriend, there are 36 countries in the world with at least one percent of their population as Bitcoin users. This study assumed a relationship between the ratio of Bitcoin nodes in any two countries to that of the number…

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Panda Exchange Deploys Hybrid Point of Sale and Crypto ATM in Bogota

The Colombian-based Panda Group has announced the launch of a cryptocurrency point of sale (PoS) terminal called Xeler that also acts as a portable digital currency automated teller machine (ATM). The hybrid solution installed in Bogotá, at the La Tortata sweet shop, allows customers to not only buy baked goods with cryptocurrencies but can also dispense BCH, BTC, and DAI in exchange for Colombian pesos. Also read: Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed Panda Group Deploys Crypto Payment Terminal That Also Acts as an ATM Panda…

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6 Philanthropic Projects That Accept Cryptocurrency

Much of the growing interest in bitcoin and other digital currencies has been focused on individual financial gain and buying lambos. For those who would rather utilize their digital assets to effect positive change in the world, however, there is also the ability to donate to charity using crypto. The following philanthropic projects all accept cryptocurrency donations.  Also Read: Bitcoin Cash Association to Fund Eatbch Charity Non-Profit Crypto Donations Given the enormous wealth creation from cryptocurrencies, it only seems right that some of those who got involved early, and were rewarded accordingly, should…

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January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume

The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and the Gemini dollar posting significant gains in month-over-month volume also. Also Read: European P2P Trade Posts Strongest Activity Since March 2018 ETH Sees 14% Gain in Monthly Trade Activity BTC posted a 2% drop in 30-day trade volume, with…

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Binance Now Supporting Visa and MasterCard Payments

Binance, the world’s largest cryptocurrency trading exchange by volume, announced today that both debit and credit card payments for cryptocurrencies are now open — thanks to a partnership with Simplex, a fully-licensed financial institution that offers online fraud-protected payment processing solutions.  Binance users are now afforded the opportunity to purchase Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and XRP (XRP) via Visa and MasterCard debit and/or credit cards — a process which takes between 10-30 minutes on average. The fee for card payments is 3.5 percent per transaction or $10 USD —…

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PR: Marconi Introduces Developer Testing Network to Secure Complex Cloud Networks

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. San Francisco, California – Marconi, creators of the blockchain-based smart ethernet Marconi Protocol, today announced the launch of its Developer Test Network. Designed to enhance or even replace existing networking infrastructure, Marconi Protocol provides an easy way to build and secure distributed networks and networking applications across regions and environments, whether nodes are…

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‘Bitcoin’ Branded Altcoins Were a Phenomenon of Soaring BTC Price

Bitcoin has been forked to spawn more than 40 Bitcoin-branded altcoins in its history, and many remain completely unknown, new data published this week reveals. Bitcoin Forks Surged At Price All-Time High Compiled by cryptocurrency data analytics firm DataLight and uploaded to social media January 29, the summary sheds light on a host of altcoins which split off from the Bitcoin network at various points beginning in 2015. Names include Bitcoin X, Bitcoin Red and Bitcoin All, familiar coins such as Bitcoin Diamond and Bitcoin Gold, along with more unusual…

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Understanding Cryptocurrency Options – An Alternative Way to Trade Crypto

Crypto proponents have been excited by the launch of bitcoin futures and options, but many are unfamiliar with the fundamentals. Bitcoin options are a popular way to take advantage of a volatile market by strategically hedging some of the risk. To clear up the jargon associated with the most common form of derivatives trading, analysts here explain the role played by cryptocurrency options.  Also Read: Options Giant CME Launches Bitcoin Futures — Here’s What to Expect What Are Cryptocurrency Options? In traditional finance there are two types of options that can…

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Florida Judge Overturns Ruling That Bitcoin Isn’t ‘Money’

A Florida appeals court has overturned a ruling that acquitted a Localbitcoins trader of money laundering and working as an unlicensed money transmitter. Bitcoin No Longer ‘Poker Chips’? As local news outlet Miami Herald reported January 30, Michell Espinoza, who sold bitcoin worth around $1350 to an undercover police detective in 2014, will now face a jury. Prosecutors argue Espinoza should have registered as a money transmitter before advertising services on P2P trading platform Localbitcoins. A settlement in 2016 threw out the charges after a judge agreed Bitcoin was not…

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Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed

In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender. However, a motion filed with the Florida appeals court has overturned the decision and Espinoza may face the state’s trial courts for an alleged crime back in 2014. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings Bitcoin Was Not the Equivalent of Money…

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