Cryptocurrency is gaining credibility with governments worldwide. A recent case in Australia is the perfect example. An plaintiff in a court case had to put $20,000 AUD so if they lost, there would be money for the defendant's legal fees. Normally, the money would go into a…
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99Crypto
Bitcoin Market Remains Strong Amid COVID-19 Coronavirus Concerns
Amid a huge stock market correction across multiple markets, Bitcoin found itself staying pretty steady. The Bitcoin bulls found their good place and are trying to reverse the asset's course from the drop that happened this week. The novel coronavirus, named COVID-19, has caused markets around the world…
Russia Announces Official Plans Around the Use of Cryptocurrency Payments
Ever since the introduction of Bitcoin it seems that the legitimacy of cryptocurrency has been questioned. To be fair, all the business with the Silk Road website didn't help matters. We're several years down the road, though, and financial regulators and watchdogs still view the cryptocurrency…
Coinbase Is Now a Part of the Visa Network's Partnership
On February 19, Coinbase explained that it is a principal member of Visa. The firm can now issue a debit card without going through a third party. Before that, Coinbase had physical cards through intermediaries, which is what other cryptocurrency companies do. Coinbase did not share its strategy. The development…
Tether Lawsuit: What Happens Next in Cryptocurrency?
In the United States federal courthouse of the Southern District of New York, Judge Katherine Failla listened to arguments from three plaintiffs suing iFinex et al. Those teams of plaintiffs are also competing to serve as the lead counsel in the upcoming class action lawsuit, which could have tens of…
Is Bitcoin Heading Up or Down? What Happens Next?
The most valuable token in the world of cryptocurrencies trading has experienced a few weeks of volatility thus far in 2020, but not as much as previous years. Bitcoin remains a volatile investment that is not for the faint of heart, but price action is not as hectic as it…