Why the Future of Esports Is Tied to Cryptocurrency

At the League of Legends World Championship Finals in South Korea last year, 100 million viewers tuned in to watch Invictus Gaming defeat Fnatic 3-0 and collect $2.4M in prize money. With its young, passionate and tech-savvy global audience, esports shares evident similarities with cryptocurrency. Not surprisingly, many predict great things for the twin industries whose future may lie intertwined. Also read: Review: Crypto Is a Surprisingly Fun Movie About Compliance The $1 Billion Nut to Crack With a 33% compound annual growth rate, the $1 billion esports market is…

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Mexico Sets New Bitcoin Volume Record After Trump’s Remittance Threat

Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity. As Bitcoinist reported, the moves form part of a trend which accelerated in many places in line with Bitcoin price climbing steeply earlier this month. As with the previous week, it was Venezuela, Peru, Mexico, Kazakhstan and…

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North Korea Cryptocurrency Report Urges Southeast Asia To ‘Mitigate’ Threat

A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI: North Korea Has ‘Gone To Extremes’ Published April 12, the report, Closing the Crypto Gap: Guidance for Countering North Korean Cryptocurrency Activity in Southeast Asia, comes courtesy of the Royal United Services Institute for Defence and Security Studies (RUSI). In it, researchers examine North Korea’s history of involvement in cryptocurrency – with varying levels of proof – as it pertains to widespread cyberattacks, targeting specific entities…

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BSV Falls 13% After Binance Reveals Plans to Delist the Coin

On April 15, Binance announced that the trading platform will be delisting bitcoin SV (BSV). The removal follows the tendentious actions of Craig Wright over the last few weeks in which the BSV creator has sent libel lawsuit warnings to well-known digital currency proponents. Since the announced delisting, the price of BSV has fallen by more than 13%. Also read: Bitcoiners’ Seastead in Deep Trouble With Thai Government Binance Plans to Delist BSV on April 22 Binance, the largest cryptocurrency exchange by volume, has decided to delist the BSV cryptocurrency.…

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Markets Update: Bitcoin Cash Leads the Pack With Double Digit Gains

Cryptocurrency markets have seen some slight gains in the last 48-hours, with the overall market capitalization of the entire digital asset economy comprising $174 billion as of April 15. Once again, bitcoin cash (BCH) is leading the pack this Monday with a 13% gain over the last 24 hours, outshining every coin in the top 20. Also read: Bitcoiners’ Seastead in Deep Trouble With Thai Government Many traders have been paying attention to bitcoin cash (BCH) markets over the last few weeks following BCH’s +115.67% spike of the last thirty…

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Binance Officially Delists Bitcoin SV (BSV) In an Unprecedented Move

Binance has officially announced that it will delist Bitcoin SV from its list of supported tokens. The cryptocurrency exchange has given traders a one-week grace period to adjust to its decision. Binance Officially Delists BSV In a statement published on its website on Monday (April 15, 2019), Binance announced its decision to delist Bitcoin SV. An excerpt from the statement reads: At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token…

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Bitcoin: When Are Taxes Due?

If you’re still asking “when are taxes due?” this morning, today may be a tough one for you. Sorry Bitcoin HODLers and traders, your tax returns deadline is today, April 15. Bitcoin: When Are Taxes Due and Where to Start? Like many things surrounding Bitcoin, Bitcoin taxes are still somewhat shrouded in mystery. However, complicated as they may be, a quick Google search should help you navigate your way through the maze. There are a few common misconceptions about Bitcoin taxes. The first being that there is no tax on…

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Incoming Golden Cross Could Push Bitcoin Price Over $6,000

With Bitcoin price having made such impressive gains so far in 2019, let’s take a look to see what is likely to happen next.  Bitcoin Price: Weekly Chart Bitcoin price 00 closed the week at $5162 having established new 2019 highs at $5478. This marked the end of a seventh consecutive green candle win streak, closing out on a spinning top doji – an indecision candle. The weekly chart shows that the price of bitcoin is currently being held down by the declining 50 week moving average. Interestingly, this is…

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Review: Crypto Is a Surprisingly Fun Movie About Compliance

“Fuck” is the first word uttered in Crypto. It might also be yours after watching John Stalberg Jr’s claustrophobic movie about an anti-money laundering agent caught in a web of deceit, intrigue, and bad beer. Copious cryptocurrency references have no tangible impact on the plot, but serve as a running gag for bitcoiners intent on scrutinizing the movie for the slightest sign of inaccuracy. Also read: Bitcoiners’ Seastead in Deep Trouble With Thai Government Beau Knapp Makes Compliance Look Sexy Just as the shark’s arrival is heralded by that seat-clenching…

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Bitmex CEO: ‘You’ll Be Able to Use Bitcoin and Purchase the S&P 500’

Bitmex CEO, Arthur Hayes, revealed that his platform wants to launch Bitcoin-backed short term bonds. He also wants to allow buying S&P 500 and Nasdaq QQQ indices with BTC, particularly by people in emerging markets. ‘You’ll Be Able to Use Bitcoin and Purchase the S&P 500’ Speaking in an interview with Luke Martin on his Venture Coinist podcast, BitMEX CEO Arthur Hayes revealed that he’s looking to launch bitcoin backed short term bonds and other BTC-backed financial products. Hayes said: I want to create a future where the highest quality…

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