The price of Bitcoin fell 3.63 per cent in the last 24 hours, Ethereum down 4.29 per cent.
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Current Bitcoin Price
Tuesday, April 19, 2022
Monday, April 18, 2022
The reason people don't appreciate Bitcoin is that they don't really understand their fiat
That's it really, It took me a long time to understand how fragile and corrupt the existing system is to appreciate Bitcoin's value proposition.
Submitted April 17, 2022 at 08:45PM by bigbigie https://ift.tt/ojAlFPI https://ift.tt/RF4xzZO
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business as secret as possible to attract a clientele that would pay top dollar for anonymity.”
Operator of 46 Bitcoin ATMs Charged
Manhattan District Attorney Alvin Bragg Jr. announced Wednesday that Robert Taylor has been indicted “for operating an illegal bitcoin ATM business that he marketed towards individuals engaged in criminal activity.”
The announcement states:
Taylor operated bitcoin kiosks in at least 46 locations in New York City, mostly in laundromats, as well as locations in New Jersey and Miami.
Between 2017 and 2018, the 35-year-old “converted more than $5.6 million of his customers’ cash into bitcoin while charging a fee of between 10% and 20%,” the district attorney detailed.
Taylor is charged “with multiple counts of operating an unlicensed money transmission business, criminal tax fraud in the third degree, and offering a false instrument for filing in the first degree.”
Bragg described, “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business as secret as possible to attract a clientele that would pay top dollar for anonymity,” elaborating:
As the use of cryptocurrencies like bitcoin proliferate, they continue to attract a wide range of bad actors who are hoping to evade law enforcement.
The announcement further notes:
In total, the search warrants resulted in the recovery of $250,000 in cash from Taylor’s apartment, as well as 20 bitcoin ATMs containing $44,000 in cash.
Forensic analysis showed that more than $5.6 million in cash was deposited into Taylor’s bitcoin ATMs between September 2017 and November 2018. More than $590,000 in fees were collected and approximately $160,000 were deposited into Taylor’s personal bank accounts.
However, Taylor only reported an income of approximately $3,000 on his 2017 tax returns and a loss of $140,000 on his 2018 tax returns.
In addition, his business did not have a money transmission license or a virtual currency business license (Bitlicense) from the New York State Department of Financial Services (DFS). It is also not licensed by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).
What do you think about this case? Let us know in the comments section below.
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Daily Discussion, April 18, 2022
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
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Submitted April 18, 2022 at 12:02AM by rBitcoinMod https://ift.tt/mAy6zsO https://ift.tt/RF4xzZO
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An Intro to Bitcoin and How it Works | HackerNoon
Bitcoin is a money technology, the first drastic change since the creation of banking over 900 years ago with radical advances in money transfer, ...
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Senator Ted Cruz blasts Elizabeth Warren and Justin Trudea for opposing Bitcoin. "The Left hates Bitcoin because they cant control it"
Ted Cruz dragged Bitcoin into the highly publicized CPAC political rally by mentioning how censorship proof it was during the Canadian "Freedom Convoy" incident
Cruz had words for everyone from Justin Trudeau and Elizabeth Warren to even the Chinese Communist Party for opposing Bitcoin because of a desire to control the financial freedom and civil liberties of people.
"One of the reasons im Bullish on Bitcoin and on crypto is because it is decentralized and not controllable"
He then proceeded to read the now infamous letter from the Nunchuk bitcoin wallet company to the Canadian Government that said they are unable to freeze accounts because that is how decentralization works. "When the Canadian dollar becomes worthless, we will be here to serve you, too"
https://mobile.twitter.com/tedcruz/status/1497031845984227328
While politicians will always use any tool to get back at the opposition, it is important to remember that Bitcoin isnt Anti or Pro anyone. Lets try to not get swept off by partisan politics.
Submitted April 17, 2022 at 10:14PM by Hancgfv https://ift.tt/7vWt59E https://ift.tt/RF4xzZO
Daily Discussion, April 18, 2022
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
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Submitted April 18, 2022 at 12:02AM by rBitcoinMod https://ift.tt/mAy6zsO https://ift.tt/RF4xzZO
Sunday, April 17, 2022
Rich Dad Poor Dad's Robert Kiyosaki Warns Hyperinflation, Depression Are Here - Bitcoin News
He also warned that the biggest bubble burst is coming, advising investors to buy gold, silver, and bitcoin. Robert Kiyosaki's Latest Warnings. The ...
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Kraken Rant
Three of my top priorities in a crypto exchange are security, support and low fees.
I have found that kraken is the best option with these priorities in mind. I’m able to use my Yubikey on the mobile app, the fees are .25%-.50% and support is top notch. However, there is one thing keeping me from moving my all of my assets and dropping coinbase pro completely and that is their lack of ACH deposits.
Im located in the US and I have two options when purchasing through Kraken.
1) Wire transfer which for me personally involves calling my bank and has a fee associated with it so it’s overall an inconvenience .
2) Purchase crypto directly through my bank account. This has a 1.5% fee and you cannot set buy or sell orders.
How is it that every other exchange, even the shitty ones have ACH deposits but one of the best exchanges still does not have this feature. I have been jumping through hoops to fund my Kraken pro account.
I purchase XLM on coinbase pro on my desk top (because coinbase pro doesn’t allow security key feature on mobile). Transfer XLM in Kraken pro and convert to USDC/USD which is a taxable event. I’m then able to purchase crypto as I please on Kraken Pro. Doing this isn’t difficult but just feels so 2014.
Kraken please add ACH deposits so I can finally use an exchange that has everything I want/need.
Submitted April 16, 2022 at 10:02PM by TwoStepLaunch https://ift.tt/O8W9eJI https://ift.tt/YO72EL8
Rich Dad Poor Dad author Robert Kiyosaki says that hyperinflation and depression are here, advising investors to buy gold, silver, and #bitcoin. #cryptocurrency #crypto
Submitted April 16, 2022 at 06:47PM by Double-Television-51 https://ift.tt/ZCsdIYT https://ift.tt/YO72EL8
Is it better to have a 2-coin or a 10-coin crypto portfolio?
Which do you think is a better idea for the long term? For a while I thought that BTC was all I really needed. But then ETH started to seem like it was definitely also a crucial coin to hold. So just the two seemed like enough. But now I am thinking it might be better to have a 10-coin portfolio that is still heavy on BTC and ETH but also casts a wider more diverse net by including 8 more well known coins. But then I wonder if I would just be watering down my BTC/ETH investment with coins that are way less likely to succeed. It seems some people go with one style or the other and I am not sure which is the best way to go.
Also, depending on which you pick, what do you think of my selections?
TWO COIN:
- 70% BTC
- 30% ETH
TEN COIN:
- 36% BTC
- 16% ETH
- 6% MATIC
- 6% SOL
- 6% DOT
- 6% AVAX
- 6% LRC
- 6% LINK
- 6% ADA
- 6% ALGO
Submitted April 16, 2022 at 08:33PM by skimdit https://ift.tt/dafwIGt https://ift.tt/YO72EL8
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Daily Discussion, April 17, 2022
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Join us in the r/Bitcoin Chatroom!
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Submitted April 17, 2022 at 12:01AM by rBitcoinMod https://ift.tt/zElDQei https://ift.tt/YO72EL8
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Is it better to have a 2-coin or a 10-coin crypto portfolio?
Which do you think is a better idea for the long term? For a while I thought that BTC was all I really needed. But then ETH started to seem like it was definitely also a crucial coin to hold. So just the two seemed like enough. But now I am thinking it might be better to have a 10-coin portfolio that is still heavy on BTC and ETH but also casts a wider more diverse net by including 8 more well known coins. But then I wonder if I would just be watering down my BTC/ETH investment with coins that are way less likely to succeed. It seems some people go with one style or the other and I am not sure which is the best way to go.
Also, depending on which you pick, what do you think of my selections?
TWO COIN:
- 70% BTC
- 30% ETH
TEN COIN:
- 36% BTC
- 16% ETH
- 6% MATIC
- 6% SOL
- 6% DOT
- 6% AVAX
- 6% LRC
- 6% LINK
- 6% ADA
- 6% ALGO
Submitted April 16, 2022 at 08:33PM by skimdit https://ift.tt/dafwIGt https://ift.tt/YO72EL8
Daily Discussion, April 17, 2022
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Join us in the r/Bitcoin Chatroom!
Please check the previous discussion thread for unanswered questions.
Submitted April 17, 2022 at 12:01AM by rBitcoinMod https://ift.tt/zElDQei https://ift.tt/YO72EL8
Saturday, April 16, 2022
Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions
Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin that is based on the same blockchain network.
Phased Adoption of the Solutions
The Democratic Republic of Congo (DRC) is reportedly considering issuing a national stablecoin that is built on blockchain, a statement released by The Open Network (TON) has said. In addition, the DRC, along with Cameroon and the Republic of Congo, are planning to adopt cryptocurrency and blockchain-based solutions powered by the TON.
According to TON’s statement, the announcement of the blockchain entity’s plan to deliver these solutions follows its successful engagements with each of the three countries. Adoption of TON’s crypto and blockchain solutions by the three countries will be phased, the statement suggested.
Democratizing the Financial System
Commenting on the possibilities of his country’s potential partnership with TON, the Republic of Congo’s Minister for Posts, Telecommunications and the Digital Economy, Léon Juste Ibombo, said:
The Republic of the Congo has been on this path for a number of years, having encouraged and witnessed the widespread adoption of mobile payments across the country. This is the next step in that journey and we believe that TON is the right partner to facilitate this. This will be an invaluable, practical instrument for the growth and creation of wealth, both for the government and our people alike.
Echoing similar sentiments, Ibombo’s counterpart from the DRC, Désiré Cashmir Eberande Kolongele, spoke of his country’s pride in taking this step. He said the issuing of the stablecoin democratizes “access to our financial system for millions of unbanked and underbanked citizens.”
For his part, the Cameroonian Minister of Posts and Telecommunication, Minette Libom Li Likeng, said: “The partnership with TON can play a fundamental role in the digital ecosystem of Cameroon for boosting the payment solutions and financial inclusion via CAMPOST, the public postal operator.”
What are your thoughts on this story? Tell us what you think in the comments section below.
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The Listing Of the $UIM Tokens on April 18th 2022
PRESS RELEASE. Universe Island is an action packed classic, third person shooting game that rewards players with $UIM tokens. These tokens fuel the Play-to-Earn ecosystem of the game and is scheduled to get listed at PancakeSwap on 18th April 2022. The launch of the beta version of the game and NFT marketplace would shortly follow.
The NFT Marketplace will allow players to stake UIM tokens to activate lootboxes, get special monthly NFT airdrops, governance rights on decision for the game as well as access to Whitelist after 6 months of staking!
The NFT cards will provide unique boosts for characters and can be traded at the NFT marketplace via UIM tokens with no additional fees or be displayed at the Metaverse Gallery. Furthermore, these NFT cards can also be viewed by players on characters in their real-time environment with our Augmented Reality (AR) Technology; thereby making Universe Island the first Play-to-Earn game enabling its players to view their heroes in real-life environment!
With the launch date getting closer, the team of Universe Island is geared to provide players with a P2E game that would take the experience of everyone- gamers and crypto enthusiasts to a whole new level. All you need is a phone and you are ready to go!
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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Macro Analyst Lyn Alden Says Near-Term Outlook for Bitcoin (BTC) Very Uncertain – Here's Why
Macro guru Lyn Alden says that a new economic variable is making it more difficult to predict the price of Bitcoin (BTC) over the next six months.
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from Google Alert - Bitcoin https://ift.tt/GjFtbuD
I don’t even know where my trezor is…
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Submitted April 15, 2022 at 05:08PM by 192838475647382910 https://ift.tt/JNX6ICx https://ift.tt/5euChsy
Submitted April 15, 2022 at 05:08PM by 192838475647382910 https://ift.tt/JNX6ICx https://ift.tt/5euChsy
Daily Discussion, April 16, 2022
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Join us in the r/Bitcoin Chatroom!
Please check the previous discussion thread for unanswered questions.
Submitted April 16, 2022 at 12:09AM by rBitcoinMod https://ift.tt/xKAm5kq https://ift.tt/5euChsy
The Listing Of the $UIM Tokens on April 18th 2022
PRESS RELEASE. Universe Island is an action packed classic, third person shooting game that rewards players with $UIM tokens. These tokens fuel the Play-to-Earn ecosystem of the game and is scheduled to get listed at PancakeSwap on 18th April 2022. The launch of the beta version of the game and NFT marketplace would shortly follow.
The NFT Marketplace will allow players to stake UIM tokens to activate lootboxes, get special monthly NFT airdrops, governance rights on decision for the game as well as access to Whitelist after 6 months of staking!
The NFT cards will provide unique boosts for characters and can be traded at the NFT marketplace via UIM tokens with no additional fees or be displayed at the Metaverse Gallery. Furthermore, these NFT cards can also be viewed by players on characters in their real-time environment with our Augmented Reality (AR) Technology; thereby making Universe Island the first Play-to-Earn game enabling its players to view their heroes in real-life environment!
With the launch date getting closer, the team of Universe Island is geared to provide players with a P2E game that would take the experience of everyone- gamers and crypto enthusiasts to a whole new level. All you need is a phone and you are ready to go!
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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