Electric vehicle giant Tesla has dumped most of its BTC reserves, according to its second-quarter earnings statement released on Wednesday. Elon Musk's electric vehicle maker has sold 75% of its BTC reserves, according to its second-quarter earnings statement. "As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency," and "Conversions in Q2 added $936M of cash to our balance sheet." Tesla said in its quarterly earnings report. Tesl
Bitcoin is trading for $20,620 at the time of writing, a 3.22% increase in the past 24 hours and the world's second largest cryptocurrency Ethereum increased by 9.48%, trading for $1,201. On Wednesday after US consumer price index data was released, we saw volatility in the cryptocurrency market. On one side, bitcoin and cryptocurrency market is trying to recover and on the other side U.S. stocks were hit hard on Thursday as investors worry about the Federal Reserve continuin
Andrew Edward Left is an activist, author and editor of the online investment newsletter Citron Research, and one of the world's best known short-sellers, on Monday described cryptocurrencies as a "fraud." When Andrew left asked at a conference about fraud in financial markets where he saw potential fraud, He told the audience: "I think crypto is just complete fraud, over and over and over." He did not specify whether he has invested in cryptocurrencies or not. According to t
Bitcoin is at lowest level since May 2019. What to expect now in Technical Analysis ? Bitcoin is at lowest level since May 2019. Bitcoin bloodbath is not ready to stop and it again crashed to $6600 with the start of new week. This possibility was already express by us on our telegram channel on Friday. "$7k - $7100 is important support for now as per Fib. It should respect it but once it close below in day candle will find next support around $6600" And now if you look at the
Nischal Shetty, current CEO of Wazirx, will continue to serve as CEO. One of largest cryptocurrency exchange in India Wazirx, has been acquired by Binance, Binance is one of the famous and largest cryptocurrency exchange in the world. Wazirx is India’s first cryptocurrency exchange to be acquired by any international exchange. Binance confirmed this news with an announcement on Thursday. According to WazirX CEO Nischal Shetty, “The next phase of mass adoption for Crypto will
A fake call center was exposed by Delhi Police and 32 people were arrested for duping foreign nationals On Sunday, a fake call center was exposed by the police in the national capital Delhi and 32 people were arrested for cheating foreign nationals by posing as Canadian police officials according to local news agency IndiaTv. According to the senior police officer : "The call centre was operational during night hours. The accused begun with a robocall claiming to be from Serv
When was the right time to sell? Never, Bitcoin is a Buy. Morgan Creek Capital Management CEO MarkYusko in an interview on CNBC on Sept. 27 compared Bitcoin’s ten-year history to Amazon. He was replying to the concern raised by CNBC's cryptocurrency host Melissa Lee over the Bitcoin price sudden fall on Thursday. Mark W. Yusko is an American investor, hedge fund manager, and philanthropist. He is the founder, chief investment officer and managing director of Morgan Creek Cap
Yes, you heard it right, but doing such transactions may also cause you jail. Online criminals and hackers selling hacked fiat money for bitcoins at less than 12.5% of its actual value on dark market. According to a report published by security-as-a-service firm Armor in September, They have spent five months (from February 2019 to June of 2019) combing through twelve different underground hacker markets and forums (both English and Russian speakers) and selling a number of i
Hard Forked Coin Bitcoin Cash (BCH) may gets its first derivative soon. Bitcoin.com is backed by one of the well-known crypto investor Roger Ver plans to launch bitcoin cash futures contracts. According to the report published by Bloomberg on Thursday, The Head of Bitcoin.com's recently launched crypto exchange, David Shin started working to list a BCH derivatives on a Commodity Futures Trading Commission (CFTC) regulated exchange. David Shin said: “We’ll try to list a BCH fu
If history repeats itself then price of bitcoin could double from here, there is a good chance that by the end of 2019 the price of bitcoin could reach new all time high. In 2015-2016, the price of bitcoin rose from $200 to $550 in no time. And after hovering around $ 550 for 6 months in 2016, bitcoin rose to $ 900 in no time. If you notice in the one day chart of bitcoin, again you will find that it is showing the similar bitcoin pattern from $3200 to $13700 in 2019. It woul
When you search on google for "Bitcoin QR Code", Four out of the first five results lead to scam websites. Cryptocurrency wallet ZenGo published a blog on its website on Aug. 29. As per the report and as a part of their ongoing research in the blockchain areas, they set their focus on QR code, as they are adding QR code support for ZenGo wallet. ZenGo noticed and explained how scam QR Code generators allegedly works. “These sites generate a QR code that encodes an address con
'"Acute Angle" smartphone can be purchased using the Huobi Token One of the largest cryptocurrency exchange by trading volume, Huobi plans to launch a blockchain-powered smartphone "Acute Angle" in Southeast Asia next week in sixth Huobi Prime launch on Sept 11.
The Acute Angle smartphone is on the Android operating system developed by Whole Network partially funded by Huobi Capital. The smartphone costs $ 515. The smartphone can be purchased using the native Huobi token (HT
Customers will be able to save USD4 million for every USD1 billion Indian IT giant, Tech Mahindra partnered with American blockchain company Adjoint to launch industry's first blockchain solution for secure enterprise financial management and insurance solution.
According to the news published by Moneycontrol on Aug. 30 that it will create a seamless and reliable customer experience. With these solutions, customers will be able to save USD4 million for every USD1 billion of
Manny Pacquiao launches his own cryptocurrency on Sunday. On Sunday in a free concert, Manny Pacquiao launched his own cryptocurrency by the name of "Pac" Token. Pacquiao launched his token with the financial support of investors like England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi’s ruling family. Pacquiao is a Filipino professional boxer and politician, actor and currently serving as a senator of the Philippines. Pacquiao is reg
Argentina has again limited its citizens and businesses by imposing a $ 10,000 limit According to a report published by Bloomberg on 1 September, the South American nation took this step to control capital because its local currency, the Argentine Peso, suffered heavy losses against major currencies such as the US dollar. cryptocurrency-focused attorney Preston Byrne tweeted after the news - “Buy Bitcoin” Argentinian were more inclined to bitcoin in the past few months, with
The first birth certificates were registered using the blockchain technology in Brazil on 1 September 2019. According to the report published by Cointelegraph Brasil, delvaro de Medeiros Mendonça is one of the first children in the country to have his birth certificate registered on the blockchain without the need for a registry office.
IBM set the path for the country's first blockchain-driven birth certificate, persuading parents of their child to participate in a serious
Bitcoin scam that led to the murder of the alleged mastermind, Abdul Shakoor in Dehradun. Indian police on Friday 30 Aug. 2019, uncovered $62 Million (Rs.450-crore) Bitcoin scam that led to the murder of the alleged mastermind, Abdul Shakoor in Dehradun. According to the report published by local news agency Times of India.
Police arrested five accused on charges of killing Abdul Shakoor and is looking for five more accused. All the accused belongs to Kerala.
According to t
Real estate is the most preferred investment asset for rich Indians, but now they are thinking of investing in cryptocurrency as well. According to the Hurun Indian Survey, wealthiest Indians called as High Net-Worth Individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies as they believes cryptocurrencies are good investment. This news was first reported by local Indian english news agency Financial Express on 30th Aug. 2019.
The Portugal's tax authority has clarified that Cryptocurrency trading and payments in Portugal are now tax-free. Jornal de Negócios, the local Portuguese newspaper published this news on 26 Aug. 2019.
According to the Portugal’s Tax Authority, both cryptocurrency trading in real currencies and remuneration or any kind of payments in cryptocurrencies are exempt from value-added tax (VAT) and there is no income tax on cryptocurrency earnings in Portugal. People in Portugal w
Working on two futures trading platforms, which platform to launch first. According to the latest announcement by Binance CEO Changpeng Zhao on twitter, They have invested in two futures trading platforms, both of them are ready. Both the platforms are slightly different and very competitive from each other. They are working, which platform to launch first or they might launch both. According to CZ, Binance will be going to launch one of the platform definitely in the month o