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In the latest news, we saw Donald Trump, the President of the USA and a successful businessman, criticizing the nature of cryptocurrencies such as Bitcoin. The market reacted immediately to the billionaire’s statement and BTC lost 14% of its value in a 7 day period. Was it an honest opinion or another attempt to manipulate the cryptocurrency market?

Professional United States football team the Miami Dolphins has made the decision to adopt the Litecoin cryptocurrency for purchasing tickets. This move has made Miami Dolphins to be among the first football teams to adopt cryptocurrency. In an important effort toward conventional adoption and appreciation, the Litecoin Foundation revealed that this teamwork will bring a significant configuration between Litecoin and Miami Dolphins.

The world’s second cryptocurrency by market cap (MC), Ethereum (ETH), is bearish against the US Dollar (USD) and more downbeat against the leading digital currency by MC, Bitcoin (BTC), due to the fact that, a few weeks ago, ETH/BTC was seen almost breaking a major support. The support has been held for quite a long period and if it is broken now, we might see some dire significances, such as becoming a strong resistance: explicitly and implicitly.

With the alarmingly increasing rate of illicit activities associated with cryptocurrencies including Bitcoin, the Maltese government, through a Financial Crime team created by the MFSA, a monetary regulator, has decided to up its game by reinforcing inspection and compliance in order to combat the challenge of financial crime. With this result, the MFSA’s existing resources have been increased by a newly established team offered by FTI Consulting, a multinational business consultancy company based in the United States (US).

The United States Securities and Exchange Commission (US SEC), a self-regulating agency of the US Federal government, has cautioned the public about the use of "may" statements in advisor disclosures. On April 30 this year, the District of Columbia Court of Appeals upheld charges of slipshod abuses of the Advisers Act that were submitted by the agency’s Division of Enforcement against The Robare Group (TRG).

For over a year, the entire cryptocurrency community has been waiting for the final decision on Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (US SEC), an autonomous agency of the US federal government. The community was more hopeful last year especially when BTC and other digital assets faced a protracted bear market in history. The bear market was very long, due to the fact that Bitcoin ETFs approval was being hoped as something that will restore the cryptocurrency market back to its positive trajectory like that of December 2017.

The United States (US) City Riviera Beach, Florida, paid a ransom of around $600,000 in Bitcoin (BTC) to cyber criminals. The anonymous hackers took control of the city’s systems a few weeks back as part of a perturbing tendency striking a multitude number of administrative systems in the US. The attackers demanded the ransom to be paid in Bitcoin, the world’s oldest cryptocurrency.

Philippines Department of Trade and Industry (DTI) recently signed a Memorandum of Understanding (MoU) with a United States startup, Monsoon Blockchain Storage Inc., to enhance the effectiveness of the technology implementation.

In the past weekend, Bitcoin surged up to $9,381 with the increasing rate of 7% in 24 hours which makes bitcoin’s market cap be over $165 billion US dollar, hitting the highest record so far in 2019. Since BTC’s breaking $8,000 mark in May, it continues its upward movement though there are some pullbacks. Why BTC managed to rise above $9,000? Here are 5 reasons may be contributing to the Bitcoin bullish run.