Blockstream’s Satellite Messaging API Is Now Available on Mainnet

Blockstream has launched its satellite messaging application programming interface (API) on mainnet. Essentially, this means users can now broadcast data via the company’s satellite network and pay with Lightning payments. No Internet? No Problem Blockstream’s satellite service was established with the aim of replacing the Bitcoin network’s dependence on land-based internet connections with actual satellites, thereby putting the network within reach of the world’s population. According to the blockchain-based startup, the satellite network makes 24-hour broadcasts of the Bitcoin network all over the world, ensuring that the blockchain is protected…

Jack Dorsey, Bitcoin Evangelist, Speaks About Square in Recent Podcast

Twitter founder Jack Dorsey has earned himself the title of ‘Bitcoin Evangelist’—such is his advocation for digital assets. His support of Bitcoin has been consistent and unwavering. Dorsey, as a successful businessman, is hard to ignore. His support for the leading cryptocurrency spurs on Bitcoin bulls and those who love a strong voice supporting their views. Jack Dorsey’s Square The entrepreneur recently participated in a podcast called “Tales from the Crypt” where he spoke about buying Bitcoin. Interestingly, he told how he “maximizes the $10,000 Bitcoin purchase limit on Square Cash…

Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support: Figure 1: BTC-USD, 2-Hour Candles, Low TF Support The zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. Late last night, we saw another test of this support level has failed to break it thus far. On a macro…

Crypto News | SEC Rules ETH NOT Security; Binance Adds XRP

The cryptocurrency market is making a comeback this week, after closing out last week in the red. Crypto news was pretty slow last week, but it has picked up a bit today. This morning, CoinCenter released news that the SEC Chairman confirmed that ETH is not ruled as a security by the regulator. In addition to this big news, Binance announced it has added XRP and credit card payment support to its Trust Wallet app. Let’s get into it! Jay Clayton Rules ETH a “Non-Security” When investors began taking notice of…

Bitcoin News Summary – March 11, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Following the hashtag “DeleteCoinbase” campaign we reported on last week, the exchange announced on Monday that it will it fire all former the Hacking Team members it hired recently. These members were involved in selling malware to governments prior to starting a blockchain analytics company, which Coinbase acquired. Contributing to Binance Coin’s rise, Binance exchange announced that Argentina’s government will match investments into a blockchain accelerator program run by Binance Labs. It’s a sign of the state’s positive approach to…

Canadian Federal Tax Agency Targets Bitcoin Investors

The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets. Forbes reported on this story in early March, detailing some of the tactics of the CRA, which include audits and questionnaires. In addition to subjecting cryptocurrency investors to audits, many of these same users have also been sent “comprehensive questionnaires to fill out regarding their bitcoin-related activity over the past years.” Reportedly, some sixty audits are…

Crypto News | OKEx Lists TRON and IBM Adds Two Blockchain Patents

In today’s edition of crypto news, we’ll cover OKEX’s latest addition to its customer-to-customer platform and IBM’s new blockchain patents. Crypto news has been a bit slow this week, in regards to big announcements but the two we’ll discuss today should give investors some confidence going into the weekend. OKEx Adds TRON (TRX) to C2C Platform OKEx, the world’s fourth-largest cryptocurrency exchange by 24-hour trade volume, announced the addition of TRON (TRX) to its Customer-to-Customer platform on Wednesday. Tron (TRX) is now available on our C2C market! Deposit/Trade in our C2C market…

OneCoin Leader Arrested in New York

US prosecutors have arrested one leader of the OneCoin project for stealing billions from investors through the alleged pyramid scheme. Ruja Ignatova and Konstantin Ignatov have been indicted by the State of New York for wire fraud, securities fraud, and money laundering. Ignatov was arrested this week, however, Ignatova remains at large. The pair defrauded investors out of “billions of dollars” using fake cryptocurrency. OneCoin Prosecutors are calling the OneCoin project a pyramid scheme whereby members work on a commissions basis and try to recruit other members to the project.…

Ripple Partners with Tipping Point to Improve Economic Mobility for Bay Area Workers and Families

Today, we’re excited to announce a $1 million grant to Tipping Point to fight poverty in the Bay Area and help individuals and families struggling to meet their basic needs. As a global company, Ripple is committed to creating positive change worldwide. Last year, we launched Ripple for Good to support mission-driven organizations and initiatives with the potential to expand financial inclusion worldwide. Nearly a third of the world’s adult population is unbanked with almost 75 percent living in poverty. Without access to savings and credit, economic mobility is next…

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support

Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you know…