Craig Wright Intends to Call Three Expert Witnesses to His Evidentiary Hearing

The man who claims to have invented Bitcoin, Craig Wright, will be appearing in court on Friday, June 28 in West Palm Beach, Florida for an evidentiary hearing. According to recently filed documents in the Kleiman v. Wright lawsuit, the defense has provided notice that Wright intends to call three witnesses during the hearing. In addition to Wright’s notice, the Kleiman estate has stated the plaintiffs will be calling a witness as well. Also read: Tony Hawk Foundation Added to Bitpay’s 100 Crypto Supporting Nonprofits Craig Wright Plans to Invite…

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Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next

Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With more than $72 billion shaved off the valuation of the entire cryptoconomy, many traders wonder what the future has in store for digital asset markets. Also Read: Iranians Defy Warning and Share Pictures of Bitcoin…

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Bitmex Sees $500 Million Bitcoin Short Liquidation in 24hrs

Bitcoin trading activity is breaking all-time records in terms of volume and open interest in Bitcoin futures. The latest trading activity has caused Bitcoin’s value to reach an 18-month high, forcing a huge amount of Bitmex short-sellers to abruptly liquidate their positions. Bitcoin Futures Hits Record Highs 4 Days Running CME saw a record volume of USD 1.6 billion and record open interest for Bitcoin contracts of USD 373 million, on June 26, 2019. The value of BTC rose to almost USD 14,000, causing short traders to liquidate over half a…

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Over 22,000 Traders Have Now Signed up to Local.Bitcoin.com

People from all over the world have opened accounts to trade bitcoin cash anonymously and without any KYC on Local.Bitcoin.com. Almost 1,000 BCH has already been exchanged privately through blind escrow via the new platform. Also Read: Namecheap Lets You Buy a Domain and Host Your Website With BCH Userbase on Local.Bitcoin.com Grows Rapidly Local.Bitcoin.com, the privacy-focused peer to peer global marketplace for trading bitcoin cash (BCH), was only officially launched on June 4. Since then over 22,000 people have already signed up to open accounts on the service and…

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Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque

On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners Mining in a Mosque On June 25, Tavanir’s spokesperson Mostafa Rajabi Mashhad explained to the press that illicit bitcoin mining facilities have increased the last two months of power consumption by more than 7%. During the first week…

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Ethereum Price Analysis: ETH Stabilizes After 60% Spike

Ethereum has seen a brief correction towards the current uptrend parabola. Analysis suggests this trend has not broken yet, and could accommodate for further upwards momentum as we progress towards the month of July. Ethereum Daily Chart On the 1D ETH/USD chart we can see current price levels are still trading within the uptrend parabola, despite bears gaining control over the majority of the market over the last 24 hours, as noted in an earlier analysis.  Price levels reached a high of $360 before a much needed short-term correction back…

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The Politicization of Money: Crypto as a Safeguard Against Economic Propaganda 

Money has come a long way since its origins. From cowry shells to crypto, transferable, divisible, and economically sound means of exchange have been adopted by market actors everywhere. Modern history has brought us to a dangerous place, however, a cultural climate where politics and bad economics have co-opted monetary utility in the name of control and coercive influence. Blockchain and crypto provide everyone the opportunity to experience clean, sound, peaceful money. Many, especially younger generations, are now waking up to this reality. Also read: How to Cold Store Your…

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Bitcoin Dominance Could Reach 80% By 2020: Binance Report

Recent price gains have seen bitcoin’s share of the total cryptocurrency market cap increase to over 60%. Research suggests that most Binance institutional clients expect this ‘dominance’ to stay high. Historic Highs For Bitcoin ‘Dominance’ According to figures from CoinMarketCap, bitcoin’s share of the total cryptocurrency market cap (or ‘dominance’) recently rose to 62.9%. This is largely due to the current bitcoin rally, and the fact that we are still waiting for ‘altseason’ to begin. The last time bitcoin had this proportion of total market cap was back in December…

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Namecheap Lets You Buy a Domain and Host Your Website With Bitcoin Cash

Are you a cryptocurrency user looking to establish an online business, an internet community forum or even just create a fan page dedicated to your cat? Namecheap lets you buy a domain name and pay for hosting your website with bitcoin cash (BCH). Also Read: How to Cold Store Your Cryptocurrency for Safekeeping Namecheap Accepts Bitcoin Cash Namecheap is an American company founded in the year 2000 that provides services for registering, hosting and managing websites. With more than 11 million registered domain names as of June 2019, it is…

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Bitcoin Price Analysis: BTC Experiences First Major Pullback in 41 Days

A much-needed correction has finally arrived to cool off Bitcoin’s month-long parabolic uptrend. This is the first time the leading asset has printed a double digit loss against the US dollar since May 17 – over 40 days ago.   Bitcoin Daily Chart On the 1D BTC/USD chart we can see that bears have now regained control of the over-extended Bitcoin market today, after the asset failed to break above the $13,400 during the American trading session (13:00 PT) yesterday. The correction has so far driven BTC price 00 down as…

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