Select Page

Author: Bitcoinist

Europe Bullish on Blockchain: 22 Countries Sign International Blockchain Partnership

As the cryptocurrency market struggles to regain its footing after a record-setting run late last year, traditional financial institutions, corporations, and governments are all looking to co-opt Bitcoin’s underlying technology for their own purposes — including the European Union. Europe Goes Long on Blockchain Technology On April 10, 22 countries in the European Union signed a Declaration on the Establishment of a European Blockchain Partnership. Aimed at cementing Europe as a world-leader in the development

The post Europe Bullish on Blockchain: 22 Countries Sign International Blockchain Partnership appeared first on Bitcoinist.com.

Read More

Europol Takes Down Major Bitcoin Money Laundering Network

European law enforcement agency Europol has taken down a criminal network allegedly using cryptocurrency to launder drug money. Tulipan Blanca On Monday, the European Union Agency for Law Enforcement Cooperation (Europol) announced that it had arrested 11 people and identified 137 suspects potentially involved in a criminal network utilizing cryptocurrencies and credit cards to launder money from illegal drug sales. According to reports, Europol’s operation has been named Tulipan Blanca was carried out by the

The post Europol Takes Down Major Bitcoin Money Laundering Network appeared first on Bitcoinist.com.

Read More

Alt.Estate Allows Everyone to Invest in Real Estate

The real estate market, estimated at $217 trillion, offers investors high returns. However, it still remains closed for a wide audience because of the high entry ticket, lack of liquidity, slow ownership transfer, and high transaction costs. Alt.Estate, a financial technology company, created the protocol and the platform for real estate tokenization to push the real estate market to become truly decentralized. Driven by the idea of the real estate investments democratization, Alt.Estate has a

The post Alt.Estate Allows Everyone to Invest in Real Estate appeared first on Bitcoinist.com.

Read More

Crypto Marketplace Paxful Helps Nigerians Avoid Bitcoin Scams

Bitcoin scams are common in Nigeria, but people are finding ways to avoid them. Paxful, the P2P finance platform, works overtime to help them avoid such scams. The early days of the internet were marked with the infamous Nigerian scam. In this scam, a purported “prince” or important person would send an email to a victim, claiming that they needed help to lay claim to a fortune. In return for sending personal financial information, the

The post Crypto Marketplace Paxful Helps Nigerians Avoid Bitcoin Scams appeared first on Bitcoinist.com.

Read More

China FUD Busting: Hangzhou to Pour $1.6 Billion into Blockchain-Oriented Startups

The positive sentiment towards blockchain-based technology in China continues to surge. Hangzhou, the home city of Alibaba Group Holdings, now hosts a $1.6 billion (RMB10 billion) fund set up to invest in firms using blockchain technology, with 30% of the money coming from the government. Despite the country’s complete crackdown on ICOs, cryptocurrency trading, and mining, it seems that blockchain technology is, indeed, taking the country by a storm. $1.6 Billion Heading Towards Blockchain Companies

The post China FUD Busting: Hangzhou to Pour $1.6 Billion into Blockchain-Oriented Startups appeared first on Bitcoinist.com.

Read More

Bank of America: History’s Greatest Bubble Has Popped, But For Real This Time

Ignoring pretty much every piece of information outside of Bitcoin’s chart, Bank of America has officially announced that the greatest bubble in history is popping, but for real this time.  The Greatest Bubble in History For at least the 279th time, Bitcoin is dead. As noted by Bloomberg, Bank of America’s Chief Investment Strategist Michael Harnett made the claim that the gold standard of cryptocurrency’s bubble has popped in a Sunday note. “The cryptocurrency is tracking

The post Bank of America: History’s Greatest Bubble Has Popped, But For Real This Time appeared first on Bitcoinist.com.

Read More

‘Infectious Disease’: Bitcoin Prices Claw Back Ground As China Beats Bank FUD

Bitcoin prices bounced off weekly lows Tuesday as mixed news failed to take markets closer to 2018’s floor below $6000. Bitcoin Returns To Test $7k From Below Data from across major exchanges shows Bitcoin beginning to reverse on downward selling pressure which saw prices drop $400 in around an hour April 9. At press time, BTC/USD was climbing towards $6900 as analysts eye the $7000 barrier as a critical level to hold to avoid further

The post ‘Infectious Disease’: Bitcoin Prices Claw Back Ground As China Beats Bank FUD appeared first on Bitcoinist.com.

Read More

4 Reasons Why The 4th Pillar Platform is Worth Checking Out

The 4th Pillar has already attracted a lot of attention from early investors – but what does the project really have to offer? Here are 4 reasons why you should be paying attention. Powered by Blockchain Technology The 4th Pillar is a powerful platform which affords individuals the ability to build both a verified professional identity and a decentralized personal crypto savings fund while at the same time allowing organizations to recruit based on systematic

The post 4 Reasons Why The 4th Pillar Platform is Worth Checking Out appeared first on Bitcoinist.com.

Read More

Coincards Brings Bitcoin Lightning Network Payments To Amazon

Canadian consumers can now purchase practically anything with Bitcoin instantly and at near-zero transaction fees after gift card merchant Coincards.ca rolled out support for the Lightning Network (LN). Pay For Virtually Anything With Lightning A blog post on its website confirmed on social media April 9 sees Coincards, which has allowed users to buy gift cards for major Canadian retailers with Bitcoin since 2013, permit LN payments for purchases up to $25. The move makes

The post Coincards Brings Bitcoin Lightning Network Payments To Amazon appeared first on Bitcoinist.com.

Read More

‘The Trend for Bitcoin is Clear – UP,’ Says Market Analyst

As Bitcoin price continues to consolidate in the sub-$7000, many investors are left wondering which direction the world’s largest cryptocurrency by market cap will go next. ‘The Trend for Bitcoin is Clear’ There is no denying that we are currently in the grips of a bear market. Since reaching highs of roughly $20,000 in mid-December, the price of Bitcoin has worked its way down — sometimes dramatically so — to lows just above $6000. That said,

The post ‘The Trend for Bitcoin is Clear – UP,’ Says Market Analyst appeared first on Bitcoinist.com.

Read More

Max Keiser: I Wouldn’t Be Surprised If George Soros Attempts to ‘Corner’ Bitcoin Market

Bitcoinist spoke with the one and only Max Keiser, Wall Street veteran and host of the Keiser Report, who explained why he’s bullish on BTC, expecting it to go well over $100,000.  My view of the world-shaking tech that Bitcoin is has not changed. – Max Keiser Bitcoinist: The Keiser Report was probably the first show to cover Bitcoin as  early as 2011. At what price did you first buy Bitcoin? Has your view of

The post Max Keiser: I Wouldn’t Be Surprised If George Soros Attempts to ‘Corner’ Bitcoin Market appeared first on Bitcoinist.com.

Read More

Crypto Investors Could Inadvertently Commit ‘Potential Felony,’ Tax Expert Says

As tax day rapidly approaches, there’s no lack of uncertainty amongst tax professionals regarding cryptocurrency investors purchasing digital assets through foreign exchanges. Regardless of the government’s seemingly straightforward legislative position, ambiguity continues to riddle the field when in-depth analysis is made. What Does the Law Say? The IRS has clearly outlined that transacting with cryptocurrency is treated the same as transacting with property and, consequently, taxes on capital gains are to be paid at the

The post Crypto Investors Could Inadvertently Commit ‘Potential Felony,’ Tax Expert Says appeared first on Bitcoinist.com.

Read More