Should Bitcoin be taxable? The question is a ticking time bomb, worthy of a fiery debate. Most people in the bitcoin community believe that the digital currency should not be taxable, as the founder(s) had originally intended. Bitcoin was created as an alternative currency that c … | Continue reading
The advent of Blockchain 2.0 and Blockchain 3.0 has given rise to new ways of automation using Bitcoin’s underlying technology. There are special cryptocurrency platforms like Ethereum, Rootstock, Counterparty, Lisk and more that allows people to create smart contracts on the blo … | Continue reading
Wimbledon is one of the most important tennis events of the entire year. It is also one of the favorite tournaments for both men and women. Despite increasing the overall prize pool for the winners, they will earn less money as a result of the Brexit. The Pound Sterling has deval … | Continue reading
The Brexit has a lot of side effects that will affect the financial situation of both the EU and the UK. Moody’s one of the leading credit rating institutions in the world, lowered the UK’s sovereign credit rating. This “negative” outlook is not something most Britons were lookin … | Continue reading
The value of Bitcoin has shown a significant increase from what it was a couple of days ago, following the Brexit Results. The digital currency, which was exhibiting healthy gains in the past few weeks registered a significant drop during the last weekend, only to get back on its … | Continue reading
The adoption of Bitcoin can happen in the unlikeliest of places. Taiwan is one such place where the growth of digital currency has taken outsiders by surprise. Being a truly global currency, there are no borders preventing the usage of digital currency across boundaries. The dece … | Continue reading
Key Points Bitcoin price after declining close to the $540 level against the US dollar managed to recover well. BTC/USD traded above the $600 level once again, but currently facing a major resistance area near $675. There is a bearish trend line formed on the 4-hours chart (data … | Continue reading
Key Highlights Ethereum price traded with a positive tone this past week versus the US Dollar, and moved above the $14.00 resistance area. There is a bullish trend line formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which is acting as a support area. The price is … | Continue reading
Bank accounts are very convenient, as long as customers can access their funds at any given time. Citibank users will have experienced some issues in this regard. Customers in several US states were unable to access their accounts on Friday, due to a “technical issue.” Putting on … | Continue reading
The dark net has always been one of those places where Bitcoin is most commonly used for transactions. Although the dark net is filled with marketplaces where illegal goods and services are bought and sold, it always played a key role in Bitcoin usage. A new survey shows how more … | Continue reading
Bitcoin has become the most valued financial instrument as it continues to put up a strong performance while other major currencies and markets are registering a slump following the Brexit results. As the value of the digital currency continues to increase, so are the number of p … | Continue reading
India is one of the largest cash dependent nations in the world. A majority of people in the world’s largest democracy have the tendency to use cash for most of the transactions. This has created a challenge for the Indian central bank —The Reserve Bank of India to maintain the l … | Continue reading
The dominating topic for the day has been the British referendum, and the ensuing decoupling of the UK from its European Union counterparts. Chances are that this topic will dominate global economic news (and in turn, equities and other financial asset market sentiment) for the n … | Continue reading
We finally have some closure with regard to Britain leaving the European Union. The latest Brexit referendum has resulted in over 50 percent of the English voters choosing to leave the European Union against 48.1 percent. The results of Brexit referendum have put the whole bloc i … | Continue reading
So it looks as though the UK is set to leave the European Union, after its people voted in a slim, but important, majority on the side of the leave campaign. We have said a few times that bitcoin might play a part as a safe haven asset. On a few occasions over the past … Continue … | Continue reading
The Ethereum ecosystem is still in a state of flux after the attacks against The DAO. It has become apparent the goal is to execute either a soft or hard fork to resolve this situation. But Peter Todd argues that forking is not the right way to solve this situation. A lot of peo … | Continue reading
Bitcoin is becoming increasingly used in the Gambling Industry and every day new casino sites are starting to accept the digital currency. BetChain is one of the newest bitcoin-based casinos and one of the best-paying Bitcoin Casinos in the whole Bitcoin gambling ecosystem. The s … | Continue reading
Key Highlights Ethereum price after moving down against the US Dollar found support and traded higher. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via Kraken) of ETH/USD acted as a perfect support area. The price also got bids near the 100 hourly sim … | Continue reading
Vancouver, B.C. — Professional services firm Vanbex Group is expanding operations to blockchain-based products, according to company founder Lisa Cheng and CEO Kevin Hobbs. The Vancouver company operating in the digital currency and blockchain technology space will launch two pr … | Continue reading
The European session is about to draw to a close, it’s time to take a second look at the action seen in the bitcoin price market today. In this morning’s analysis, we noted that price has declined considerably across the last few days (when looked at in comparison to last week’s … | Continue reading
The R3 Consortium is a collection of several dozen financial institutions all over the world looking to explore blockchain technology. But the group continues to expand, and Toyota Financial Services is their latest member. Merging distributed ledgers with automotive financial se … | Continue reading
Circle, the blockchain based payments company, is now eyeing China. The US company, which had recently partnered with the United Kingdom-based banking major Barclays, today announced that it has raised over $60 million in funding as part of the strategic investment to create ‘Cir … | Continue reading
Nothing seems to be offering up much support in the bitcoin price at the moment, and each time we come to set up against the market with a fresh morning analysis, we end up looking at early morning lows. Whether this will continue as we head into the weekend remains to be seen, b … | Continue reading
Exciting times are afoot in the Bitcoin world on a nearly daily basis. Coinbase, also known as GDAX these days, has added support for PayPal and credit cards to their platform. Buying and selling Bitcoin has never been easier or more convenient than it is right now. Before people … | Continue reading
Key Highlights Ethereum price started to move down against the US Dollar, and currently testing a support area. There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is acting as a support area. The trend line is also around the 100 hou … | Continue reading
Bitcoin price is still pulling back from its recent strong rallies, moving closer to the rising trend line on the daily chart.The post Bitcoin Price Technical Analysis for 06/23/2016 – Heads Up for Extra Volatility! appeared first on NEWSBTC. | Continue reading
The DAO Token Holders received bad news today, after a team lead by ex-DAO curators, Slock.it employees, researchers and Ethereum foundation members managed to launch a counter-attack -known as the Robin Hood attack-. The preemptive strike was intended to secure the remaining The … | Continue reading
Mexico is a fascinating country when it comes to the remittance market. There is a lot of money flowing from the US to Mexico on a monthly basis. This has caught the attention of Bitcoin company Bitwage, as they expand their service to Mexico. If it is up to Donald Trump, he will … | Continue reading
Yesterday, the sharp collapse in the bitcoin price marked the turnaround point in the wider market, and much of the gains registered throughout last week’s session (and this weekend just gone) were given back to the market. Those that sold on a speculative position anywhere betwe … | Continue reading
The National Bank of Kazakhstan recently expressed its inclinations towards releasing a number of cryptocurrencies projects. The announcement was made by the country’s head financial regulator Daniyar Akishev in a press conference held in Almaty. He, however, shied away from goin … | Continue reading
Bitcoin has always been a thorn in the side of financial regulators and policymakers. The Financial Stability Oversight Council voiced their concerns over using cryptocurrencies earlier today. While Bitcoin is becoming more popular, financial instability is looming. By the look o … | Continue reading
Key Highlights Ethereum price started recovering against the US Dollar, and managed to improve by a fair margin. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken, which opened the doors for more gains. The price is now we … | Continue reading
Bitcoin price is finding support at the 38.2% Fibonacci retracement level but a larger pullback might be due.The post Bitcoin Price Technical Analysis for 06/22/2016 – Still in Correction Mode! appeared first on NEWSBTC. | Continue reading
The DAO received another attack, this time, a blue team comprised of curators and Ethereum foundation members launched their own initiative to save the rem | Continue reading
The development of cryptocurrency technology has come a long way since the introduction of Bitcoin. Ethereum protocol is currently the example of its highest form so far. It is widely known that Ethereum is in no way the final stage of cryptocurrency technology, as it is expected … | Continue reading
If all we seem to be doing at the moment is offering up cautionary tales, it’s because that’s exactly what we are doing. It’s so easy to get overexcited when price gains double digit percentage points in the space of a few hours – something we’ve seen on a number of occasions acr … | Continue reading
It has been almost 8 years since Bitcoin was introduced to the world by Satoshi Nakamoto. Since then the businesses involved in the digital currency industry are well set at the moment, with a few like Gemini planning to spread its wings further to ensure more Bitcoin adoption. T … | Continue reading
Consumers and cryptocurrency enthusiasts have taken a liking to the Eternity Wall concept over the past year, and the service has seen great success. | Continue reading
One of the core concepts behind our approach to the recent volatility in the bitcoin price markets across the last week or so has been caution. The gains seen (primarily early to mid last week, but also over the weekend to some degree) have come around on the back of speculative … | Continue reading
Key Highlights Ethereum price traded down one more time against the US Dollar, but the last low of $10.13 acted as a perfect support area. Yesterday’s highlighted contracting triangle pattern on the hourly chart (data feed via Kraken) of ETH/USD was broken during the downside mov … | Continue reading
Bitcoin price gave in to overbought conditions and is in the middle of a large correction to an area of interest.The post Bitcoin Price Technical Analysis for 06/21/2016 – Watch These Correction Levels appeared first on NEWSBTC. | Continue reading
Nowadays, Forex opens a lot of opportunities for everyone who is aiming to make some profits. However, before you plunge into the risky world of forex trading, the most important thing is to do is to pick an adequate and trusted brokerage company. In the forex Brokerage industry, … | Continue reading
Lately trading with a leverage of not only BTC\USD or LTC\USD is getting popular but also usual Forex stocks and commodities. Today we will take a look at one of the most well-known and advanced sites in this the Forex trading Industry offering the biggest leverage option on the … | Continue reading
Bitcoin and the banking sector do not go well together – it is a known fact. But as the importance of bitcoin in the current global economy increases, it is becoming hard for the banks to ignore the digital currency completely. Last week WB21, a digital bank announced that it wil … | Continue reading
Among the many advantages of the digital currency, the transparency associated with transactional data stored over the blockchain is the most attractive one. The very property comes in handy when it comes to maintaining transparency and preventing corruption in sectors where bloc … | Continue reading
So the day has drawn to a close out of Europe, and it’s time to put out the second of our twice daily bitcoin price watch analysis pieces. In this morning’s analysis we noted that action over the weekend (while initially promising) was pretty flat, and that this may continue into … | Continue reading
It is not the first time somebody tries to patent the “Bitcoin” term, but no one expected Craig Wright to be among them. Not too long ago, this person claimed he was the creator of Bitcoin, yet failed to provide any credible evidence. As it turns out, he wants to build a patent p … | Continue reading
The recent DAO debacle has put an interesting spotlight on the validity of smart contract technology. Peter Todd, one of the Bitcoin developers, took the time to outline how smart contracts come to life. As it turns out, there are many building blocks to take into account. Brief … | Continue reading