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Mainstream media seized on the unravelling currency crisis in Turkey Monday, August 13, with Bloomberg publicizing a demonstration of Bitcoin's (BTC) comparatively low volatility.
www.bitcoinaajtak.com/turkish-liras-collapse-sees-media-highlight-bitcoins-relative-stability/
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The U.S. District Court, Northern District of California has ruled to deny a motion to remand against Ripple, its subsidiary XRP II, and Ripple CEO Brad Garlinghouse, according to an official document issued Aug. 10.
www.bitcoinaajtak.com/us-federal-court-denies-motion-to-remand-against-ripple/
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There's blood in the streets, the water and everywhere else you may care to look today as the cryptocurrency market plunges below $200 billion with a vengeance. We've got the reaction from across the web in today's Bitcoin in Brief, as well as the latest developments from the realm of stablecoins, which have been an oasis of calm amidst all the blood-letting.
www.bitcoinaajtak.com/the-daily-altcoin-panic-stablecoin-takeover/
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A governmental committee of the Kingdom of Saudi Arabia has warned the public that trading digital currencies is illegal in the country, according to an Aug. 12 announcement by the Saudi Arabian Monetary Authority (SAMA).
An agent of the U.S. Drug Enforcement Administration (DEA) has noted that Bitcoin's (BTC) role in crimes has dropped to just 10 percent of transactions, while transactions themselves have "grown tremendously," Bloomberg reports August 7.
www.bitcoinaajtak.com/us-dea-criminal-activity-in-cryptocurrency-has-dropped-80-percent-since-2013/
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Bitcoin ATMs are growing, crossing the 3,500 mark as the demand rises. Despite a drop in prices, bitcoins remains the dominant choice as it is available in over 99 percent of these ATMs.
www.bitcoinaajtak.com/bitcoin-atms-exceed-3-5k-worldwide-us-ranks-first-with-highest-number/
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The author of the best-selling book 'Rich Dad, Poor Dad', Robert Kiyosaki, has spoken in favor of virtual currencies during a recent podcast. Mr. Kiyosaki described the United States Dollar (USD) as comprising a "scam" and predicted that precious metals and cryptocurrencies will outlast fiat currencies.
www.bitcoinaajtak.com/peoples-money-crypto-to-outlast-fiat-scam-rich-dad-poor-dad-author/
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Queensland, Australia is giving away millions with its Ignite Ideas fund. This week, it posted details regarding the AUD$8.3 million grant ($6.1 million USD). Something like 70 regional companies shared the bounty, including a cryptocurrency startup, Travelbybit, which managed to snag AUD$100,000 on its way to promoting tourism using crypto.
Thailand's central bank has announced the rules under which financial institutions, including commercial banks, and their subsidiaries can engage in cryptocurrency activities. They include securities, asset management, and insurance firms. This follows the country's crypto regulatory framework that went into effect last month.
www.bitcoinaajtak.com/bank-of-thailand-green-lights-financial-companies-for-crypto-activities/
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Cryptocurrencies — what are they? Money? Commodities? Securities? Utility tokens? Or something else? Few national governments seem to be in any kind of agreement on this question, and for now, at least, their divisions have given such currencies as Bitcoin and Ethereum a floating, indeterminate status on the global stage.
www.bitcoinaajtak.com/money-or-assets-how-world-governments-define-cryptocurrencies/
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Mt. Gox, the defunct and disgraced bitcoin exchange (at one time the biggest in the world) is preparing a final chapter in a long, sorted ordeal. Creditors have coalesced around a repayment scheme to make victims whole. It includes what might amount to $1.3 billion in returned bitcoin cash (BCH) and bitcoin core (BTC) as early as summer of 2019.
www.bitcoinaajtak.com/gox-creditors-agree-to-1-3bil-repayment-in-bch-btc-no-altcoins-by-summer-2019/
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Idealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process.
www.bitcoinaajtak.com/32mil-raised-by-mining-company-listed-on-london-stock-exchange/
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ICE owner of arguably the most important stock exchange in the world, the New York Stock Exchange (NYSE), is introducing a new company, Bakkt.
www.bitcoinaajtak.com/nyse-owner-bitcoin-should-be-in-retirement-funds-credit-cards-retail-stores/
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The world's second largest manufacturer of bitcoin miners, Canaan Creative, has unveiled what the company describes as the world's first bitcoin mining TV set.
www.bitcoinaajtak.com/canaan-creative-announces-worlds-first-mining-tv-set/
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It takes about two months for the public sentiment to adjust to new trends in the cryptocurrency markets. That's according to a recently published report whose authors have examined the changes in the opinions of thousands of active followers of crypto markets over a period of nine months. They found that the collective mood can be bullish long after a downward trend has started.
www.bitcoinaajtak.com/report-crypto-markets-moods-change-two-months-after-new-trends/
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The accused had allegedly cheated around 1,800 investors of 30 crore rupees. One accomplice is still at large, the SP said.
www.bitcoinaajtak.com/two-arrested-for-allegedly-running-cryptocurrency-racket-duping-1800-people/
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Bitcoin Price is again making crypto community bite their nails. While the world of investment is equating whether fundamental analysis or technical analysis is better, the cryptos street has just shown that neither of the two seems to be effective completely in its case. So today we finally move to sentimental analysis and see where it leads us.
Cryptocurrency exchange Cryptomkt has partnered with Chilean payment platform Flow to allow customers to pay with three cryptocurrencies at over 5,000 stores. The announcement follows two Chilean courts ruling that banks must reopen the accounts of crypto exchanges they previously closed.
www.bitcoinaajtak.com/flow-and-cryptomkt-enable-crypto-payments-at-5000-stores/
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Thailand's largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn.
www.bitcoinaajtak.com/largest-movie-theater-chain-in-thailand-going-crypto/
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