As first covered in Bitcoin Magazine on April 6, Buncombe County, North Carolina proposed a one-year moratorium on bitcoin mining and held a public hearing on May 2.The text of the proposal stated that the moratorium,…
Bitcoin.com Local Gathers Steam as Other P2P Markets…
The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to…
Bitcoin Slips Under $9K but Don’t Panic Until…
In the past few hours, Bitcoin (BTC) price dropped 3.85%, losing $9,000 and pulling back to $8,835. The abrupt downside move occurred after Bitcoin price rallied to $9,188, slightly above the $9,150 target many traders…
South Korea Passes Bill to Regulate Cryptocurrency in…
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting…
‘Bitcoin Coronavirus’ Search Traffic Overtakes ‘Bitcoin Halving’
Curiously, the search term “bitcoin coronavirus” has overtaken “bitcoin halving” on Google Trends. The odd search term is seeing the most traffic from Europe. Research indicates that Austria, Switzerland, and Ireland comprise the three jurisdictions…
Bitcoin Price Bouncing Back or Dead Cat? 4…
The crypto markets are experiencing a small relief rally during the week, as the price of Bitcoin (BTC) bounced from $8,400 towards $9,150. This bounce was heavily needed after a massive red candle the week…
German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin…
Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The…
Someone Just Minted a Doge-Themed Crypto Token Worth…
A Doge-themed non-fungible token (NFT) now appears to comprise the most valuable ERC-1155 in existence. The NFT is backed by over 1,155,777.1 Enjin (ENJ) — worth approximately $129,000 at the time of writing. The NFT,…
Crypto Bulls Roadshow Coming to Over 15 Indian…
India’s Crypto Bulls Roadshow, a nonprofit initiative to prepare India for the next bull run, is coming up, and government organizations are joining the drive. Currently, 15 cities in India are planned for but more…