Craig Wright’s WikiLeaks Claims Contradicted by His Own 2011 Posts

In his latest blog post, Craig Wright claimed that he (as Satoshi Nakamoto) never wanted WikiLeaks to use Bitcoin. On March 31st he wrote:
“I’m not the anarchist they want, nor have I ever been anything like one. You see, I didn’t want WikiLeaks to use Bitcoin because I didn’t like what they stood for.”
However, publicly available web links from July 2011 suggest this was not the case. In the wake of PayPal’s decision to freeze the accounts of the non-profit WikiLeaks in 2010, Wright told..

Bitcoin Likely to Become The New Normal For Gen Z

Since the start of the coronavirus pandemic, assets, bonds, stocks, and fiat currencies across the world have dropped substantially in value. But as the crisis deepens, people from different generations are starting to realize the true value of Bitcoin.
Robert Kiyosaki, the author of international bestseller ‘Rich Dad, Poor Dad’ has promoted Bitcoin for two days in a row on Twitter.
Robert called Bitcoin the “people’s money” on April 1 on Twitter. He restated it again today that people s..

Cointext Cofounder Unveils BFP Encrypt – Send Encrypted Data to Bitcoin Cash Addresses

Vin Armani, the cofounder of Cointext, has announced the launch of a Javascript library that allows people to send encrypted data to addresses on the Bitcoin Cash (BCH) network. A BCH private key can decrypt the data, and when Armani released the Javascript package, the developer stressed that he felt “a sense of urgency” to get this tool into the hands of the public.
Also read: Tiger King’s Archnemesis Big Cat Rescue Accepts Bitcoin
BFP Encrypt We currently live in a world with overreaching governments and the covid-19 crisis has exemplified the greed and manipulation. Agents of the state have been invading our privacy for years now and they have found ways to monitor people online and eavesdrop on our private activities. However, encryption has been a problem for governments, as it gives an individual or organization the ability to change data in a way that is completely unreadable and only certain people with special knowledge or a key can read the information. Encryption is impo..

Binance Research Finds Bitcoin Correlated to Stocks — But Not For Long

In a new report Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold.
Bitcoin was down 10% over the quarter but still outperformed the S&P 500 which experienced a 19% drop. According to the report, the correlation was fairly high at 0.57, as shown through similar patterns in daily business day returns.
Gold and long-term treasuries showed no relationship to other markets as they rose ..

‘Wahoo!’ Australian Taxpayers Alliance Exec Excited to Buy Bitcoin

A top executive from a prominent Australian taxpayer group has publicly endorsed the world’s biggest cryptocurrency by announcing her first ever Bitcoin purchase.
Emilie Dye, director of policy at the Australian Taxpayers' Alliance, or ATA, tweeted on April 1 that she had bought her first Bitcoin: “Today, I made my first Bitcoin purchase. Wahoo!” This triggered excitement in the crypto community, with the tweet amassing about 5,900 likes as of press time.
Dye clearly didn’t expect th..

$8.5K Then $3K — This Trader’s Bitcoin Price Call Is Playing Out

Markets News
The Bitcoin price (BTC) has recovered strongly from $5,200 to $7,200 in the past two weeks, despite the declining appetite for high-risk assets including single-stocks and cryptocurrencies.
One prominent trader predicted the entire price movement of Bitcoin since its initial drop from $10,500 to sub-$6,000, and in the medium-term, the digital asset’s trend remains gloomy.

Crypto market daily price chart. Source: Coin360
The rationale behind a short-term rally to $8,500PentarhUdi..

Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending

A lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The researcher’s study highlights that the covid-19 environment has “brought about a significant change” by impacting crypto-based spending habits.
Also read: Tiger King’s Archnemesis Big Cat Rescue Accepts Bitcoin
Covid-19 Effects on the Global Economy Caused a Dip in Bitcoin Spending On Monday, the blockchain forensics company Chainalysis published a research report that shows the correlation between bitcoin’s price and spending BTC with merchant services, gambling sites, and darknet markets. Statistics from Chainalysis shows that all three spending types “dropped significantly since March 9.” Covid-19 has had an adverse effect on crypto spending and even thoug..

Anyhedge to Launch Blockchain-Enforced Synthetic Derivatives for Bitcoin Cash

Developers from the organization General Protocols have announced the launch of a synthetic derivatives platform built on Bitcoin Cash. The project Anyhedge aims to be the first decentralized finance (defi) protocol on any branch of Bitcoin and the platform will launch in cooperation with Cryptophyl’s new non-custodial exchange, Detoken.
Also read: Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years
Decentralized Finance on Bitcoin Cash Bitcoin Cash fans were recently introduced to a decentralized hedge solution against arbitrary assets on the BCH network. Similar to other defi concepts, Anyhedge aims to “mitigate volatility through trading of risk in a peer-to-peer, non-custodial, blockchain enforced, fully collateralized way.” The creators of Anyhedge include well known BCH developers such as John Nieri (emergent_reasons), Jonathan Silverblood, Eric Teng, and Imaginary_username.

“We believe that Bitcoin Cash and all crypto has a volatility problem that hold..

Tiger King’s Archnemesis Big Cat Rescue Accepts Bitcoin

The number one show on Netflix in the U.S. right now is a television series called “Tiger King: Murder, Mayhem and Madness,” and American audiences are eating it up like candy. While the docuseries costar Joseph Maldonado, aka “Joe Exotic,” spends 22 years behind bars, costar Carole Baskin is still the owner of the Big Cat Rescue sanctuary. In fact, the controversial Baskin and her Tampa-based zoo, Big Cat Rescue, accept cryptocurrencies for donations. People can donate digital currencies like BTC, BCH, and ETH to help prevent the trend of big cats kept in captivity.
Also read: Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years
Tiger King Story Goes Viral During the last few weeks, the Netflix docuseries “Tiger King” has been extremely popular in the U.S. and is the number one streaming television broadcast in the country. The story takes place in various states across the U.S. and covers a number of people who own, breed, and sell big cats like Bengal tigers,..

Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners

The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite the coronavirus crisis Spain is facing.
Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It
Tax Authority Sending Letters to Crypto Owners Despite the coronavirus pandemic and rising death toll, the Spanish tax authority, the Agencia Estatal de Administración Tributaria (AEAT), has started a campaign to send out tax notices to remind residents of their tax obligations. According to Europa Press:
[The Spanish tax authority] plans to quadruple the notices to taxpayers with cryptocurrency … going from 14,700 notices last year to about 66,000 in the campaign that started this Wednesday.
The Spanish tax authority, the Agencia Estatal de Administración Tributaria (AEAT),..