Category: BitCoin

Deep Stat’s Graham, Cotton, Blackburn: Full-frontal nuclear assault on encryption in the United States.

On Tuesday, June 23, Senators Graham (R-SC), Cotton (R-AR), and Blackburn (R-TN) introduced a bill that is a full-frontal nuclear assault on encryption in the United States. You can find the bill text here. It’s been formally introduced as Senate bill 4051, which you can track here. (Other reactions to the bill so far: EFF, Techdirt.)

Bitcoin Bloodbath Thursday: Price Nosedives As $53 Billion In Profit Taking Wiped Off Crypto Market Cap

Bitcoin prices suffered a meltdown Thursday after bottoming out at $7,676 before recovering somewhat. In a sell-off that kicked into high gear yesterday, the market capitalization of the entire cryptocurrency market lost a whopping $53 billion in value. The market cap of all the world’s virtual currencies totaled $319.9 billion as of this writing, down from $372.9 billion…

Japan Shuts Down Cryptocurrency Exchanges Following $530 Million Dollar Cyber Heist

Japan suspended trading on two cryptocurrencies on Thursday, following a reported $530 million cyber heist at Coincheck, one of the country’s largest crypto platforms, in January. The country’s Financial Services Agency (FSA) have ordered Bitstation and FSHO to suspend business for at least a month, Reuters reports, after finding that Bitstation’s executive previously used customer…

Dark Pools In Cryptocurrency Trading Is Increasing

It was only a matter of time. Dark pools, which are notorious for their anonymous transactions, are making their presence felt in cryptocurrency markets. According to a WSJ report, Republic Protocol, which describes itself as a decentralized dark pool for atomic trading of bitcoin, ether, and ERC20 tokens, has raised 35,000 ether ($33.8 million) from crypto…

Blockchain’s Only Application After 10 Years Has Been A Bitcoin Pyramid Scam

Bitcoin is the “biggest bubble in human history” and is coming down “crashing”, Nouriel Roubini, the chairman of Roubini Macro Associates has warned. Bitcoin plummeted to a two month low of $7,695.10 on Friday, according to CoinDesk.com. The cryptocurrency fell 4.72 percent to $8,625.50 at 14:57 in London. Speaking to Bloomberg, Roubini said: “I say it…

Bitcoin Price Dives Below $11,000 As Profiteering Deepens: Synchronized Cryptocurrency Market Crashes By $165 Billion

Bitcoin’s value plunged on Tuesday, falling to $11,300—the lowest value the virtual currency has seen in 2018. Bitcoin’s value is down more than 20 percent over the last 24 hours, and down 42 percent from December’s all-time high of around $19,500. Top 11 Countries Which Have Banned Bitcoin Nobel Laureate Economist Joseph Stiglitz Says Bitcoin Doesn’t…

Nobel Laureate Economist Joseph Stiglitz Says Bitcoin Doesn’t Serve Any Socially Useful Function

Bitcoin [Very Much Like Non Physical Silver Gold Fiat Paper Rigging Allowed At The Comex] is now operating in the realm of the Madoff Ponzi scheme: Plenty of people understand that it’s going to collapse because it is based on an unsustainable illusion. Plenty of people are warning regulators to not allow this illusion to…

Rigging Of The Block Chain ~ $300 Million Vanishes With A Click: U.S. Bitcoin Becoming More Isolated

Bitcoin’s meteoric rise [JP Morgan Involved] in price has been accompanied by a predictably parallel rise in the contorted lunacy we seem to witness in every irrational bubble, no matter what its origin. The Bitcoin bubble delusion has become so convincing to some people that they now believe Bitcoin is the “new gold” or “better…