Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant …

‘Zombie Crypto’ Threatens John McAfee With $100 Million Lawsuit – CCN Markets

Source: REUTERS / Alexandre Meneghini (i), Shutterstock (ii). Image Edited by CCN. A Chinese crypto project that allegedly paid 2020 U.S. presidential candidate John McAfee $4.5 million to promote the Initial License Offering (ILO) of its Zombie Coin has now threatened to sue the influencer for $100 million. According to the firm behind the CZcoin …

Dutch Central Bank’s Onerous Rules Put Crypto Players in Crosshairs – CCN Markets

The Dutch Central Bank is putting crypto companies on notice, saying it will even include their shareholders under its microscope. | Source: Shutterstock The Dutch central bank has run out of patience with the crypto space. The De Nederlandsche Bank (DNB) put certain players on notice that they have until 2020 to register. That’s when …

Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls – CCN Markets

A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed. …

What’s Bitcoin REALLY Worth? Much Less Than You Think – CCN Markets

New data reveals Bitcoin’s true value is way less than you probably think – but that’s not necessarily a bad thing for BTC. | Source: Shutterstock Bitcoin’s reported $172 billion market cap may be a point of pride for cryptocurrency enthusiasts everywhere, but how accurate is it as a measure of Bitcoin’s worth? Not much. …

3 Simple Reasons NOT to Buy the Bitcoin Dip – CCN Markets

Cutting through the squiggly lines of technical analysis, here are three very simple reasons why you should NOT be buying any Bitcoin in the short term. | Source: Shutterstock Bitcoin’s recent drop below $10,000 split an already fractured cryptocurrency community into two distinct camps. On one side are the optimists who believe Bitcoin’s drop to …

China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder – CCN Markets

China is reportedly set to launch its state crypto on the country’s biggest shopping day. | Source: Shutterstock Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed …

80 Bitcoin Ransom Demanded in Alleged Down Under Kidnapping of Chinese Student – CCN Markets

A Chinese student studying in Australia is allegedly being held at ransom with the kidnappers demanding Bitcoin worth over a million Australian dollars before they can release him. According to the Southern Metropolis Daily, the father of the 20-year old student was contacted by the kidnappers on August 24th. The kidnappers demanded 80 Bitcoin within …