Bitcoin

What Bitcoin Traders Should Know About Fundamental Analysis

What Bitcoin Traders Should Know About Fundamental Analysis While there are many different methods for evaluating the price of bitcoin, fundamental analysis may be the most integral for figuring out its true value. Fundamental analysis is the evaluation of economic, financial and other key variables, known as fundamentals, to determine a security’s true value. This differs…

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Arizona Bitcoin Trader in Custody Following Police Raid

Arizona Bitcoin Trader in Custody Following Police Raid A bitcoin advocate and trader in Arizona remains in custody after his home was raided last week by federal officials. Thomas Costanzo was arrested on 20th April during the raid after law enforcement discovered that he was in possession of ammunition – a reported violation of an…

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$1,300 and Counting: What's Next For Bitcoin Prices?

$1,300 and Counting: What's Next For Bitcoin Prices? The price of bitcoin is once again trading near an all-time high. After about a month of uncertainty following the rejection of a major investment vehicle, bitcoin prices reached $1,343.59, a new all-time high on the CoinDesk Bitcoin Price Index on Thursday, breaking the previous record of $1,325.81, set…

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New York Bitcoin Trader Pleads Guilty to Unlawful Money Transmission

New York Bitcoin Trader Pleads Guilty to Unlawful Money Transmission A New York-based bitcoin trader has plead guilty to unlawful money transmission and making false statements to federal officials. Richard Petix of Rochester, NY was originally charged with making false statements in late 2015, according to court records, after he told probation officials in October of…

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German Regulators Order OneCoin to 'Dismantle Trading System'

German Regulators Order OneCoin to 'Dismantle Trading System' Germany is stepping up its ongoing crackdown on OneCoin, a digital currency investment scheme widely believed to be fraudulent. The German Federal Financial Supervisory Authority (BaFin) has issued new cease-and-desist orders to two holding companies connected to OneCoin – Onecoin Ltd, Dubai and OneLife Network Ltd –…

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Zebpay Aids Indian Police After Bank Thieves Buy Bitcoin

Zebpay Aids Indian Police After Bank Thieves Buy Bitcoin Indian bitcoin exchange Zebpay has had its bank account unfrozen following a state investigation into a bank theft, the startup said today. Regional news service Pune Mirror reported earlier this week that criminals had exploited a bug that allowed them to steal hundreds of thousands of dollars…

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Florida's Money Laundering Statute Won't Affect Most Bitcoin Users

Florida's Money Laundering Statute Won't Affect Most Bitcoin Users Andrew ‘Drew’ Hinkes is counsel at Berger Singerman LLP, a business law firm in Florida. Hinkes represents companies and entrepreneurs in state and federal commercial litigation matters, representation of court-appointed fiduciaries and electronic discovery issues. In this opinion piece, Hinkes looks at the potential impact of…

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West Virginia Lawmakers Complete Bitcoin Money Laundering Bill

West Virginia Lawmakers Complete Bitcoin Money Laundering Bill Lawmakers in the state of West Virginia have completed work on a bill that would make it a felony to use bitcoin or other cryptocurrencies for money laundering. As reported in February, West Virginia House Bill 2585 constitutes an update to the state’s anti-money laundering statutes, specifically…

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Federal Agents Raid Home of Arizona Bitcoin Trader

Federal Agents Raid Home of Arizona Bitcoin Trader A bitcoin advocate and trader based in Arizona was arrested last week by federal authorities, according to local reports. Reports from websites include Freedom’s Phoenix and Phoenix New Times indicate that Thomas Costanzo was arrested on 20th April for unlawful possession of ammunition stemming from a prior conviction. The…

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Antbleed: Bitcoin's Newest New Controversy Explained

Antbleed: Bitcoin's Newest New Controversy Explained A mining chip vulnerability that could potentially be used to remotely shut off bitcoin mining machines was revealed yesterday – with a fix from the manufacturer following shortly after. Involving controversial mining chip manufacturer Bitmain, the issue is what some are calling a “backdoor” in the code that controls…

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