4 Minute Bitcoin Daily News

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John McAfee Says Bitcoin’s Scarcity Will Trigger It to Hit $1M Oct 03, 2019

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During a Forbes interview McAfee argued that the main trigger for Bitcoin’s surging price will be its scarcity.
Bitcoin’s supply is limited to twenty One million coins, and a significant proportion of that has apparently been lost forever.

Ross Ulbricht Starts His Seventh Year in Prison Oct 03, 2019

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October first marked the anniversary of Ulbricht’s imprisonment, reawakening the petition to grant him clemency.

Russian Nuclear Scientist Gets a $7,000 Fine for Mining Bitcoin Oct 01, 2019

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Back in February on this year three scientist were caught mining Bitcoin at a Russian nuclear lab.
One of three scientists has been fined four hundred fifty thousand rubles, which is equal to seven thousand US dollars.

Catching Up With The Bitcoin Family Sep 30, 2019

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Are you familiar with the family that sold all their possessions a couple of years ago and bought Bitcoin?
I remembered reading about that and I wondered what ever happened to that family.

Pomp Says He Would Tokenize The US Dollar Sep 29, 2019

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During an appearance on CNBC’s Squawk Box Morgan Creek Digital's co founder Anthony Pompliano was asked how will Bitcoin retain its property as a store of value when national currencies all become digital.

ShapeShift Finally Gets rid of its Account Requirement Sep 27, 2019

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Despite providing a valuable service, many people took exception to Shape Shift enforcing Know Your Customer and Anti Money Laundering requirements, but it looks like that will be reversed in the near future.

Did The US FED Repo Transactions Cause The Bitcoin Price Crash? Sep 25, 2019

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Last week the US Federal Reserve pumped more into the money markets than the entire crypto market cap in order to control lending rates.
Those cash injections have continued this week as another 100 billion dollars floods into markets.
The question being asked by some industry observers now is, are the repo agreements and Bitcoin price action related.

640 Crypto Projects Have Failed to Publish a Single Line of Code This Year Sep 24, 2019

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32% of all crypto projects failed to publish a single line of code in 2019, and 640 of them were completely inactive.

Bitcoin Donations Are Feeding Thousands in Venezuela Sep 23, 2019

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According to Bitcoin Venezuela, about two hundred and thirty dollars in Bitcoin can provide food for more than twelve hundred people at its soup kitchen for a week.

Is Bakkt A Big Boost For Bitcoin or Will It Flop? Sep 22, 2019

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The long awaited Bakkt physically settled bitcoin futures trading platform is here.
Its launch has been heralded by many as bullish for Bitcoin as it will enable institutional investors to dabble in the markets.

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