BitPiggys Helps Children Stack Satoshis and Learn Financial Responsibility

Piggy banks have long served as a symbol of financial prudence and savings, a place to deposit pocket change and hold it for a rainy day. But what if fiat coins aren’t the best stores of value after all? For Jim, the creator of Opendime-powered company BitPiggys, these novelty banks clearly needed an introduction to Bitcoin. Bitcoin has always been appreciated by its adopters for its uncensorable and non-confiscatable nature. While many government-backed currencies can undergo unpredictable inflation or other manipulations, Satoshi’s invention is steady and robust. So, when it…

Co-Founder Sues Israeli Blockchain Firm for Breach of Contract

Co-founders of Israeli blockchain firm Orbs are being sued by former partner Elad Arad following the dissolution of his shares in a failed joint venture, Cointree Capital. According to Israeli business media Globes, Arad is suing partners and brothers Uriel and Daniel Peled, Orbs, Cointree Management Microverse, Hexa Labs, and Hexa Solutions following a failed 18-month mediation in a Tel Aviv court. Arad claims the brothers committed “conspiracy, deceit and serious fraud, as well as unlawful enrichment.” The official report accuses the brothers of breach of fiduciary duty, oppression of a…

Yuan Falls, Bitcoin Jumps, Trump Says ‘Major Violation’ By China

Bitcoin (BTC) is currently trading up 8% at $11,787 on Coinbase on the back of a yuan devaluation that dramatically escalates the US-China trade war. It is difficult not to ponder that a nightmare scenario for stocks might be opening up. A background of spreading trade protectionism and slowing global growth, capped off with a zero-sum currency war, is the last thing a frothy equity markets needed. And this all comes as the US Federal Reserve’s 0.25% interest rate cut was greeted poorly by the cheap money-addicted stock market, even…

Bitcoin Price Hits $11.5K Target: BTC Up 8%, Dips Well Supported

Bitcoin price rallied more than 8% and climbed towards $11,500 against the US Dollar. The price traded as high as $11,646 and it is currently correcting gains. There is a key bullish trend line forming with support near $10,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is trading with a positive bias and dips remain well supported near $11,500 and $11,200. There were solid gains in bitcoin price above $11,000 against the US Dollar. BTC price is up more than 8%, broke the…