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The buying pressure in the bitcoin market holds above the monthly resistance level, bulls devoured some short-lived selling pressure and we are now sitting in between support and resistance levels.

Bitcoin Schmitcoin

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A Canadian drug dealer has been ordered to forfeit about 281.41 bitcoin after it was found that he used the cryptocurrency to fund his illegal activities. It’s been reported as Canada’s largest-ever bitcoin forfeiture.

Jimmy Aki

Bitrefill Adds Thor Turbo to Speed Lightning Connections

The crypto payment platform Bitrefill has introduced Thor Turbo, an upgrade expected to speed up the process for users connecting to its Lightning node.

Jimmy Aki

Bolt-A-Thon, a Virtual Lightning Network Event, Invites Borderless Progress

Bolt-A-Thon, a virtual Lightning Network hackathon and conference kicks off today to help gather contributors from all over the world and propel Bitcoin’s vital Layer 2 solution.

Bitcoin Magazine

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Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense

Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. But there is a logical reason that some Bitcoin users get extremely angry at certain members of the greater crypto asset community.

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The software firm DataLight has predicted that Bitcoin will become the world’s top payment system within the next decade if it maintains its current growth rate.

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Binance has announced that it will launch Binance Singapore this month, a fiat-to-crypto exchange with support for the Singaporean Dollar (SGD).

Landon Manning

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Viennese cryptocurrency brokerage platform Bitpanda has received a license to operate as a payment service provider in Austria.

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Bitcoin crossed the $5,000 price range this week, but things are different than when it did so in 2017.

8btc

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Op Ed: CCID’s Crypto Rankings Are Pointless (and They’re Not Official)

In its latest crypto ratings, the CCID proved that, yet again, its rankings aren’t worth paying attention to and are far from objective — at least, that’s one opinion.

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In Plain English: SEC Publishes Guidance on Tokens as Securities

The U.S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies more specific guidance as to whether a cryptocurrency is a security.

Colin Harper

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The price of bitcoin surged above $5,000 for the first time in 2019 and many investors now believe that the bull market is coming back. However, that may not be the case.

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QuadrigaCX monitor Ernst & Young suspects that the exchange’s late CEO may have been financing personal expenditures with company funds. It is now recommends that assets in his estate be placed under a preservation order.

Colin Harper

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Bitcoin Price Analysis: Bearish Market Structure Breaks with a Single 20% Move

Bitcoin has managed to break the immediate bearish market structure. At the moment we are testing a break of the descending trendline as we also approach the monthly resistance level in the $4,800s.

Bitcoin Schmitcoin

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The San Juan Mercantile Bank & Trust International, a Puerto Rican bank offering both fiat and digital asset custody and settlement services, is now operational.

Landon Manning

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The peer-to-peer bitcoin marketplace Paxful announced that it’s introducing AI-powered identity verification to help improve know-your-customer (KYC) and anti-money laundering (AML) procedures.

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Startup life is full of snakes and ladders, but in the blockchain market there are currently more snakes.

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The Tokyo-based cryptocurrency exchange Coincheck has launched a Bitcoin over-the-counter (OTC) trading service, 15 months after it lost $532 million in XEM through a hack.

Jimmy Aki

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The Pakistani government will now regulate local cryptocurrency firms under new legislation, reportedly based on recommendations from the international Financial Action Task Force.

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Bitcoin developer Felix Weis presented a successful demonstration of his Lightning-enabled plugin for a Bitcoin ATM.

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A Chinese security service provider has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus.

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Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series, in time for the anticipated bull run leading up to next year's bitcoin "halving."

Jimmy Aki

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“Making Bitcoin technology widely accessible is a key component of our roadmap. Today, with the integration of the Lightning Network, we have taken yet another step in this direction,” said Zebpay's CEO Ajeet Khurana.

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