Founded in April 2007, BrewDog is currently soliciting crypto investments. The Bitcoin-friendly microbrewery is one of the fastest developing outfits in its industry in the UK. Invest Your Bitcoin in Beer Celebrating the occasion, they’ve created a new beer called Cryptonite, according to a video published on their website. According to the same video, the […]
On June 27, billionaire investor and Galaxy Digital CEO Mike Novogratz said in an interview with CNBC that he wished he had sold more when the bitcoin price achieved a new 2019 high at $ 13,800. After reaching its yearly high, the bitcoin price dropped by around 30 percent against the U.S. dollar, experiencing an expected […]
The post Bullish Billionaire Investor Regrets Not Selling Bitcoin at $ 13,800 appeared first on CCN Markets
Yes, you read that right. The Indigenous Fine Art Gallery (IFAG) in Australia now accepts bitcoin for its “museum-quality art from Australia’s most collectible Indigenous artists.” This puts the IFAG in the company of a growing list of art galleries that accept bitcoin for their wares, but it’s the first ever to accept the cryptocurrency for art created by Indigenous Australians.
- The market is seeing a current rejection of the weekly level outlined in 2018’s bull market. The zone between $ 8,300 and $ 8,400 has a strong point of interest in the previous bear market and we are currently seeing high levels of supply surface as people take profit.
- If we fail to break the $ 8,400 level, we can expect to see a retest of $ 7,400 and potentially even a deeper dive into the $ 6,800s as this represents another macro, weekly level and has yet to see a very strong test of demand.
- The bullish market structure that we have established over the last couple of weeks remains intact, despite the strong round of selling that the bitcoin market saw a couple of days ago.
- The weekly 50 exponential moving average (EMA) is currently in the process of being tested but the market has been unable to close a weekly candle above it.
- The intraday levels have shown support following the round of selling.
- If the current levels do not hold, we can expect to see a test of the $ 4,700s as we haven’t tested its support following our strong breakout.
Coinbase has faced the wrath of the crypto community since announcing the acquisition of blockchain analytics firm Neutrino for an undisclosed amount last month. The team behind Neutrino, which was added to the Coinbase ranks, was previously caught selling surveillance software to governments with atrocious human rights records. This has resulted in a growing trend […]
It’s a case of police entrapment that goes beyond the pale. After a ruling Wednesday by the U.S. Third District Court of appeals, a Florida man will have to face a trial by jury over felony charges in Miami for selling bitcoin to undercover police. Felony Charges for a Victimless Crime? “Espinoza’s bitcoins-for-cash business requires him to register as a payment instrument seller and money transmitter” under Florida financial statutes, the court ruled Wednesday, adding that he was “not merely selling his own personal bitcoins, he was marketing a business.” Now he’ll face serious felony charges for money laundering as
A Rancho Cordova, California nurse has been charged by federal authorities with selling illegal narcotics via dark net markets. Allegedly, her username Farmacy41 earned over 200 BTC across three markets. Carrie Alaine Markis made an appearance in federal court in Sacramento, charged with numerous counts of drug dealing. Farmacy41 Markis reportedly used the handle Farmacy41 across several DarkNetMarkets beginning in 2013. She told customers that her source was people who bought pills from those who had them legally prescribed to them. In total, she allegedly sold almost 9,000 hydrocodone pills, over 2,500 oxycodone, nearly 1,000 methadone pills, 70 morphine tablets
A group of Amazon shareholders, organized by a non-profit called Open Mic, are demanding that Amazon cease sales of its Rekognition software to government agencies. Open Mic bills itself as “a non-profit that fosters shareholder engagement at leading tech and media companies.” The facial recognition suite has been proven in independent tests to be inaccurate,
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Sweden’s reserve bank has warned that the individuals and firms purporting to sell the electronic version of the national currency, the e-krona, are fraudsters as the digital currency project ‘has not been concluded’. According to Riksbank, ‘no decision has been taken on issuing e-kronas’ and therefore claims to the contrary were false. Riksbank pointed out
The post Sweden’s Central Bank Warns of Scammers Selling National Cryptocurrency ‘e-krona’ appeared first on CCN
Buying and selling property using cryptocurrency is less straightforward than was first assumed. The handful of mortgage lenders and realtors who were initially keen are now reluctant to accept crypto deposits due to money laundering fears. Until there is greater clarity concerning crypto regulation, due diligence procedures and taxation, potential participants are opting to wait on the sidelines.
The Securities and Exchange Commission (SEC) issued a cease-and-desist order against a crypto investment fund for distributing unregistered securities. The US securities regulator also slapped CoinAlpha Advisors LLC, a Delaware-based blockchain financial products company, with a $ 50,000 fine. According to the SEC order, CoinAlpha declined to register its business, which involved investing in and distribution
The post SEC Slaps Crypto Firm with $ 50,000 Fine for Selling Unregistered Securities appeared first on CCN
Over the past several days, there has been much debate within cryptocurrency circles about a series of videos and images allegedly showing Chinese crypto mining firms dumping bitcoin miners on the street. BRUTAL: this is what’s happening now in a China based mining site …. 😨😨 pic.twitter.com/gcN4lVTyBt — Dovey Wan 🦖 (@DoveyWan) November 20, 2018
The post Bitcoin Miners are Selling Old ASICs for Scrap Metal as Price Decline Hastens Obsolescence appeared first on CCN
Overstock’s highly-touted tZero project has been something of a money pit for the company, costing nearly $ 170 million in overall development costs with no live product yet available. Medici Ventures, Overstock’s blockchain investment arm, has acquired additional subsidiaries on the order of several more millions of dollars in an effort to expand its crypto portfolio. The
The post Full Crypto: Overstock CEO Patrick Byrne Selling Retail Business to Focus on Blockchain appeared first on CCN
Authorities in Bulgaria have clamped down on the shady sale of international passports to foreigners from some parts of Eastern Europe in exchange for bitcoin. Erring citizens of Bulgaria, Ukraine, Moldova, and Macedonia have been allegedly involved in the perpetration of such illegal activities. Officials Arrested The citizenship issuance which was authorized by Bulgarian officials
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Venezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The petro, which recently became a Venezuelan national currency, can now be purchased at the six exchanges, local media report.
Six Websites Authorized to Sell Petro
The Venezuelan government has authorized six websites it claims are cryptocurrency exchanges to market and sell the petro, the country’s new national currency. Noticiero Digital elaborated:
The petro will be available from this Wednesday, October 17, at six exchanges, although President Maduro announced previously that there would be 16 certified companies that could market the digital currency.
Robinhood, the popular commission-free trading app that launched as a change of pace startup company in the wake of the 2008 financial crisis, has an antithetical underbelly that was just brought to light. According to a report by Bloomberg, Robinhood makes more than 40% of its revenue by selling its user order data to high-frequency […]
Circle Invest announced today the launch of three new collections of index funds for cryptocurrencies. Divya Agarwalla, Senior Vice President at Circle, posted on the company’s blog that the “Buy the Market” feature “…was so successful that over 30% of our users are taking advantage of it. As CCN reported, Circle released this feature in
The post Goldman-Backed Circle is Selling Cryptocurrency ‘Collections’ appeared first on CCN
A French security official with the Direction Générale de la Sécurité Intérieure (DGSI) was indicted last week and taken into custody on charges of selling state secrets in exchange for payments in bitcoin. According to local French media Le Parisien, the unnamed agent was allegedly arrested for peddling economic information and falsifying administrative documents. Protecting French
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The low-cost Robinhood investing app popular with millennials makes up for the lost profits of commission-free trades by selling users’ data to other financial companies.
What’s the Logic of Robbing Peter to Pay Paul?
A Second Quarter SEC filing shows that Robinhood Financial (Robinhood) is actually making millions of dollars from selling users’ data to high-frequency trading (HFT) firms. Recall, this is the same company that espouses values of ethical trading practices that benefit the common man instead of fleecing customers to provide a quick buck for Wall Street traders.