CRYPTOCURRENCIES

Swedish Man Involved in Digital Currency Fraud Faces 40 Years Prison Time

Swedish Man Involved in Digital Currency Fraud Faces 40 Years Prison Time

Roger Nils-Jones Karlsson is the founder of Eastern Metal Securities and accused of defrauding over 3,500 investors through digital currencies.

Submitted by Aaron Goldstein on, Mar/08/2021

Bitcoin SV is Revving up for Potentially Unlimited Scale

Bitcoin SV is Revving up for Potentially Unlimited Scale

With the latest release of its software. Switzerland-based industry organization the Bitcoin Association has announced the release of the Bitcoin SV Node software v1.0.7 in an effort to boost up for potentially unlimited scale.

Submitted by Aaron Goldstein on, Mar/04/2021

Why Bitcoin Could Triple Over Next Year

William Quigley, managing director of Magnetic, a crypto focused investment fund, explains why he believes that bitcoin's value can still rise dramatically into 2022.

Submitted by Aaron Goldstein on, Mar/03/2021

Why The Supply of Bitcoin is Limited

Why The Supply of Bitcoin is Limited

In an editorial piece appearing on the Coingeek.com website, Dr. Michael Wehrmann discusses the limitations of Bitcoin.

Submitted by Aaron Goldstein on, Mar/01/2021

Cathie Wood Backing Sends Bitcoin Back Above $50K

Cathie Wood Backing Sends Bitcoin Back Above $50K

Ark Investment boss Cathie Wood told Bloomberg Tuesday evening she remains "very positive on bitcoin," and is "very happy to see a healthy correction here."  This may have helped push the cryptocurrency price above the $51,000 mark overnight.  But there are other factors perhaps.

Submitted by Aaron Goldstein on, Feb/24/2021

Craig Wright Begins Landmark Legal Action Against Bitcoin Developers, Others

Craig Wright Begins Landmark Legal Action Against Bitcoin Developers, Others

Dr. Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, is now suing the developers of BTC, BCH, BCH ABC and BSV over 111,000 stolen Bitcoin, according to an announcement by ONTIER.

Submitted by Jagajeet Chiba on, Feb/24/2021

BetOnline Bitcoin Payouts Now Taking Just Minutes

BetOnline Bitcoin Payouts Now Taking Just Minutes

The price of Bitcoin was sailing towards the $60K mark as of this writing.  Online gambling sites got into the cryptocurrency game years ago when the price was around $4000.  Crypto payments now represent better than 80 percent of all transactions at BetOnline and competing online gambling websites. Today, many BetOnline customers report payouts within minutes, some even say "instant" and they offer the best welcome bonuses using this method

Submitted by Mary Montgomery on, Feb/21/2021

Bitcoin and Ethereum Prices 'Seem High,' Says Musk

Bitcoin and Ethereum Prices 'Seem High,' Says Musk

Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalization threshold.

Submitted by Reuters on, Feb/21/2021

Bitcoin Flirting WIth $56K: Hits $1 Trillion Market Cap

Bitcoin Flirting WIth $54K: Hits $1 Trillion Market Cap

The price of Bitcoin continued to rise Friday morning, peaking around the $57000 mark Saturday before dipping slightly. The cryptocurrency is currently used for more than 80% of transactions with online gambling sites operating in restrictive markets.

Submitted by Aaron Goldstein on, Feb/19/2021

Defendant in Craig Wright Case: "Crazy Amount of Evidence He's Satoshi"

The latest hearing of the Wright v McCormack case took place this week, with the surprise return of Peter McCormack’s legal team for the pre-trial hearing.

Submitted by Jagajeet Chiba on, Feb/18/2021

Monopoly Money: Framing Bitcoin as the Last-Mover in Blockchain

Monopoly Money: Framing Bitcoin as the Last-Mover in Blockchain

Bitcoin perhaps exemplifies the power of both monopoly and competition, nChains' Jack Davies writes.

Submitted by Aaron Goldstein on, Feb/18/2021

Bitcoin Games Releases First Exclusive Online Slots - The Angry Banker

Bitcoin Games Releases First Exclusive Online Slots - The Angry Banker

Bitcoin Games released its first exclusive slot game The Angry Banker with a $12,000 tournament Tuesday.

Submitted by Aaron Goldstein on, Feb/16/2021

CNBC Talks Bitcoin's Blistering Rally

CNBC Talks Bitcoin's Blistering Rally

 

Large firms like Tesla, Mastercard and BNY Mellon have shown support for cryptocurrencies.

Submitted by Aaron Goldstein on, Feb/16/2021

Bitcoin Tops $50,000

Bitcoin Tops $50,000

LONDON, (Reuters) - Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance amongst mainstream investors.

Submitted by Reuters on, Feb/16/2021

Craig Wright: ‘I Invented Bitcoin — Now It’s a Ponzi Scheme’

The man who claims to have invented Bitcoin now says it's a ponzi scheme after the digital currency crept towards the $50,000 mark this week.

Submitted by Aaron Goldstein on, Feb/13/2021

Bitcoin Goes Mainstream With Jay Z and Dorsey

Bitcoin Goes Mainstream With Jay Z and Dorsey

Hip Hop artist Jay Z and Twitter CEO Jack Dorsey have joined forces to develop a bitcoin development fund.  It is a sign that the anonymous digital currency is going mainstream. 

Submitted by Aaron Goldstein on, Feb/12/2021

Bitcoin Soars to All-Time High After BNY Mellon Announces Crypto Venture

Bitcoin Soars to All-Time High After BNY Mellon Announces Crypto Venture

Bitcoin on Thursday jumped to a fresh all-time high after BNY Mellon said it formed a new unit to help clients hold, transfer, and issue digital assets.

Submitted by Reuters on, Feb/11/2021

Elon Musk Wants Clean Power. But Tesla's Carrying Bitcoin's Dirty Baggage

Elon Musk Wants Clean Power. But Tesla's Carrying Bitcoin's Dirty Baggage

Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker’s backing of bitcoin this week could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.

Submitted by Reuters on, Feb/10/2021

Tesla Buys $1.5B in Bitcoin, Will Accept as Payment Soon

Tesla Buys $1.5B in Bitcoin, Will Accept as Payment Soon

Holders of Bitcoin may be able to cash in some of their investment in the digital currency for a brand new electric car.

Submitted by Reuters on, Feb/09/2021

Mason: "Super Bowl 55 Will Be Biggest Betting Event in History"

Mason: "Super Bowl 55 Will Be Biggest Betting Event in History"

Dave Mason of BetOnline says the action he has seen for Super Bowl 55 is the most in his lifetime and in the history of that 22-year-old sportsbook.

Submitted by C Costigan on, Jan/31/2021

Reddit Frenzy Pumps Up "Joke" Crypto Dogecoin

Reddit Frenzy Pumps Up "Joke" Crypto Dogecoin

One of the beneficiaries of the past week's Reddit short squeeze frenzy is none other than a crypto coin that started as a joke, Dogecoin.

Submitted by Aaron Goldstein on, Jan/30/2021

Cryptocurrency Trader Charged With Fraudulent Scheme Involving Over $5 Million

AUDREY STRAUSS, the United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today the unsealing of a Complaint in Manhattan federal court charging JEREMY SPENCE, a/k/a “Coin Signals,” a cryptocurrency trader who solicited funds for various cryptocurrency funds that he operated, with commodities fraud and wire fraud offenses.

Submitted by Press Release on, Jan/27/2021

Bitcoin Slumps 10% as Pullback From Record High Gathers Pace

Bitcoin Slumps 10% as Pullback From Record High Gathers Pace

Bitcoin slumped 10% on Thursday to a 10-day low, retreating further from record highs, with traders citing fears of tighter U.S. regulation.

Submitted by Reuters on, Jan/21/2021

Bitcoin Hits One-Week Low as Rising U.S. Yields Dent Rally

Bitcoin Hits One-Week Low as Rising U.S. Yields Dent Rally

Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low

Submitted by Reuters on, Jan/11/2021

Bitcoin Hits $40,000 for First Time, Pushing Cryptocurrency Market Value Past $1 Trillion

Bitcoin Hits $38,000 for First Time, Pushing Cryptocurrency Market Value Past $1 Trillion

Bitcoin smashed through $38,000 to hit a new record high on Thursday as the cryptocurrency’s massive rally continues, then the $39,000 mark just prior to 11 am ET, and by afternoon the price peaked at $40376.

Submitted by Aaron Goldstein on, Jan/07/2021

PayPal Backs Crypto Tax Startup Taxbit

PayPal Backs Crypto Tax Startup Taxbit

PayPal Holdings Inc’s venture arm has made an investment in Salt Lake City, Utah-based tech startup Taxbit, which helps consumers and businesses calculate the taxes owed on cryptocurrency holdings, the companies said on Thursday.

Submitted by Reuters on, Jan/07/2021

Bitcoin Crosses $30K Mark First Time Ever

Bitcoin Crosses $30K Mark First Time Ever

Digital currency Bitcoin extended its record smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is on its way to becoming a mainstream payment method.

Submitted by Reuters on, Jan/02/2021

Bet the Price of Bitcoin

With Bitcoin surging again BetOnline is now offering odds on where the price of the digital currency will finish in 2020. If you believe in their numbers, go buy a couple of coins right now.

Submitted by Aaron Goldstein on, Dec/22/2020

Another Peak for Bitcoin: Price Climbs Past 24K

The price of Bitcoin moved above the $24,000 mark for the first time. On Saturday morning, the price hit a record high of 24,288. 

Submitted by C Costigan on, Dec/19/2020

Ruffer Investment Company Allocates 2.5% of Assets to Bitcoin

Ruffer Investment Company Allocates 2.5% of Assets to Bitcoin

Ruffer Investment Company sent out a memo Tuesday alerting shareholders that it will be allocating roughly 2.5% of its portfolio towards Bitcoin. Per the memo, this investment is currently worth over $740 million.

Submitted by Aaron Goldstein on, Dec/16/2020

Breaking News

Say No to Sportsbook Blacklist

Since Gambling911.com revealed that seven sportsbooks had gotten together to share player information, everybody in the industry is talking.

Online Slots With The Highest Payout Rates

If you are into online casino slots, don’t just play any games you stumble across after you open the lobby. Also, choosing an online slot by design or theme is not a good idea. If you want to not only have fun playing but also hit some wins, make sure you choose the right games.

How to Withdraw Funds From Online Casinos?

Navigating the world of online gambling, especially when it comes to withdrawing your winnings, can seem daunting at first. However, with the right knowledge and understanding, the process can be smooth and secure.