Home » Tag Archives: bitcoin

Tag Archives: bitcoin

Elliot Waves plus ABC correction.gif

Bitcoin price analysis February 23, 2017

Bitcoin Rallies Ahead of Bitcoin ETF Decision This week the price of Bitcoin rallied from $980, past $1000 to a monthly high at $1127, inches away from the $1139 high of January 5. This strong run was partly fueled by speculation on a the Winklevii Twins’ proposed Bitcoin Trust ETF. On March 11, 2 members of the SEC will rule ... Read More »

US Attorney’s Office in Colorado Preparing to Prosecute Darknet and Bitcoin Crimes

An acting US attorney for the state of Colorado announced a new branch of the Colorado U.S. Attorney’s Office’s Criminal Division aimed at tackling cybercrime with a group of highly trained investigators. Acting U.S. Attorney Bob Troyer set up a six-attorney unit after looking at child exploitation statistics dating back to 2012. They also evaluated other forms of cybercrime dating ... Read More »

Bitcoin news roundup, February 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Former president of Bank of China claims it’s impossible to kill bitcoin L H Li, former president of state-owned Bank of China, the fifth largest bank in the world, claimed that it is now impossible to take down bitcoin, in an interview for China’s predominant state broadcaster, CCTV. According ... Read More »

Tax Records of American Citizens Sold on Darknet For $20 in Bitcoin

Tax scams are on the rise again as the tax season is approaching. Hackers and scammers are using sophisticated tools and complex software to steal sensitive financial and personal information to file fraudulent tax returns. There exists two main phases in a tax scam: acquisition of necessary financial and personal information and utilizing data sets to request for tax refunds. ... Read More »

Bitcoin has Transformed From Darknet Money into Digital Gold

In the early years of bitcoin, even until the end of 2014, bitcoin was perceived as darknet money used to purchase drugs and illicit goods in the dark web. Over the past two years, this image of bitcoin has changed significantly. Bitcoin has transformed from darknet money into digital gold. In late 2016, the global financial market and economy struggled, ... Read More »

I am satoshi 1800 bull.png

Bitcoin price analysis Febraury 14, 2017

China Strikes Again The People’s Bank of China, conducted an impromptu inspection some of the biggest exchanges in China. Price plunged as soon as word was out, from its $1085 highs, down to $951. Over the past 3 months, the world’s 2nd largest economy was partly responsible for the bull run of late 2016, and fully responsible for all the ... Read More »

Bitcoin news roundup, February 12, 2017

This week’s summary of various cryptocurrency news and developments: New developments: China’s central bank threatened to shut down bitcoin exchanges The People’s Bank of China (PBOC), China’s central bank, released a statement in its website, where it laid out a warning issued to several bitcoin exchanges in a meeting. Notably, the People’s Bank of China told exchanges not to take ... Read More »

Bitcoin Legislation and Investigation – A Proposal For the US Law Maker

The advent of bitcoin, and digital currencies in general, unleashed a myriad of problems that emerged from the anonymity associated with cryptocurrency transactions, thus raising concerns related to money laundering. Legislators and law enforcement agencies are currently struggling to mitigate the money laundering issues affiliated with cryptocurrencies and several other digital currencies. In the face of these threats, government agencies ... Read More »

Dandelion.jpg

Dandelion – Turning Bitcoin Into A Fully Anonymous Financial System

Bitcoin, and some other cryptocurrencies, have gained much popularity during the past few years. Even though bitcoin doesn’t promote total anonymity of its users, it is publicly perceived as a privacy preserving digital currency. Technically speaking, cryptocurrencies publish all users’ transactions on public ledgers that can be visible by anyone and this process is a pivotal part of the process ... Read More »

Bitcoin in China: Summary of the latest developments

Over the last couple weeks, the “Bitcoin situation” has changed dramatically in China, the world’s leading power in both Bitcoin trading volume and network hashrate. Following the intervention from the country’s central bank, the People’s Bank of China, exchanges were forced to change their policies dramatically. Today we want to bring you up to speed on the recent events that ... Read More »

International Law Enforcement Gathered to Share Concerns About Bitcoin and Money Laundering

Between January 16 and January 18 of 2017, more than 400 cybercrime, cybersecurity, and money laundering investigators met in Doha, Qatar to discuss digital currency. Specifically, the organizations gathered to analyze the role digital currencies like Bitcoin played on money laundering, economic stability, and terrorist funding. The Working Group on Virtual Currencies—a jointly operated initiative from Europol, Interpol, and the ... Read More »

Bitcoin news roundup, February 5, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Fidelity Charitable revealed it received $7 million in bitcoin donations last year Fidelity Charitable, an independent American charity, recently announced bitcoiners donated the equivalent of over $7 million in 2016. The organization gave people the option to donate in bitcoin back in November 2015, hoping the move would provide ... Read More »

Bitcoin news roundup January 29, 2017

This week’s summary of various cryptocurrency news and developments: New developments: China’s largest exchanges enforced trading fees Due to the People’s Bank of China’s involvement in the bitcoin trading market, China’s biggest bitcoin exchanges (Huobi, BTCC, and OKCoin) are now charging trading fees of 0.2 percent for every transaction. The official reason behind the move is to “curb market manipulation ... Read More »