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Showing posts from January, 2018

How to buy Bitcoin with Cash?

With growing alternatives to buy Bitcoin , here's a detailed explanation and a step by step guide to walk you through buying Bitcoin using Cash app which started as a person-to person payment solution.

Markets, prices and a quantity theory of bitcoin

Sir, We often read in your pages the view that bitcoin has no value and therefore, in a rational market, would have no price. But that surely is wrong. Bitcoin was developed as a form of money (the clue is in the name), and money has value even though most money, like bitcoin , has no substance other ...

Worries Grow That the Price of Bitcoin Is Being Propped Up

A growing number of virtual currency investors are worried that the prices of Bitcoin and other digital tokens have been artificially propped up by a widely used exchange called Bitfinex, which has a checkered history of hacks and opaque business practices. In December, Bitfinex was subpoenaed by the ...

Bitcoin is 'too volatile to replace gold', claims World Gold Council

Bitcoin and other cryptocurrencies are to unstable to be substitutes for gold, the World Gold Council has declared. Some financial experts and commentators have claimed that digital currencies like bitcoin could, like gold, become a safe investment in the future, but a new report from the World Gold ...

Square's Cash App Adds Option to Buy and Sell Bitcoin

Square's “Cash App” has been updated to allow for purchasing of up to $10,000 worth of bitcoin a week. Since making the announcement, Square has seen its stock has climb nearly 3 percent. Cash App is a peer-to-peer payment system from Square that allows people to pay each other directly and ...

Square Cash now allows anyone to buy and sell bitcoin

Square's Cash App has been helping people send and receive money without fees for a while now. Originally an money-by-email service, Cash App has grown into a more robust offering with its own prepaid Visa card. The company has been testing buying and selling Bitcoin via the app, as well, and ...

Bitcoin's Terrible Month: What Gives?

Bitcoin has been in a tailspin this month, falling about 25% since the start of January, from $13,400 to $9,950. ... And while U.S. regulators have mostly kept a hands-off attitude about bitcoin itself, they recently squelched proposals for bitcoin exchange-traded funds and raised new alarms about initial ...

Bitcoin Transaction Fees Are Pretty Low Right Now: Here's Why

The relatively high transaction fees on the Bitcoin network were a major topic of conversation last year, but these fees have been plummeting so far in 2018. According to data from CoinMetrics, bitcoin miners are now collecting less than a third of the value they were collecting in fees at one point in ...

Square Rolls Out Bitcoin Trading to Almost All Cash App Users

The company said most of the purchases and sales happen within seconds, and it won't add an additional percentage or fixed dollar amount onto the sale of Bitcoin . Users can buy as much as $10,000 worth of Bitcoin per week, though there's no limit to the number of Bitcoins users can sell. One Bitcoin  ...

Samsung meets Bitcoin? Yep, the firm is making crypto chips

Mining for cryptocurrencies like Bitcoin means putting your computer to work solving thorny math problems that're used to verify cryptocurrency transactions. In return for your gobs of processing power, you can be rewarded with coins. And with some cryptocurrencies worth thousands of dollars per coin, ...

South Korean Court Rules Bitcoin Has Economic Value

South Korean Court Rules Bitcoin Has Economic Value The ruling concerns the case involving Ahn who was arrested in May of last year and convicted of operating an illegal pornography site with approximately 1.2 million members. Ahn pocketed 1.9 billion won (~USD$1.78 million) in membership fees ...

Bitcoin Prices React to Tether Subpoena and South Korea News

Scandals and regulation moved prices in cryptocurrency markets during the last 24 hours. News reports about the CFTC's subpoena for Bitfinex and Tether tanked prices for bitcoin and other cryptocurrencies in the hours following its release. (See also: Tether And Bitfinex Subpoenaed By CFTC).

My First Bitcoin, from Square Cash

My First Bitcoin , from Square Cash - Illustrated children's book about Bitcoin & Satoshi Nakamoto. (Fintech, Kids, and Cryptocurrencies) Discover 5 alternatives like Blockchain Demo and Blockchain Demo 2.0.

One of Bitcoin's Biggest Asset Managers Says Zcash Could Hit $60000 in 2025

In a market as berserk as the one for cryptocurrencies, every gambler wants to know which horses are worth betting on. In the fall Grayscale Investments, an asset manager and subsidiary of Digital Currency Group, one of the biggest cryptocurrency-focused venture capital firms, added a third fund of ...

Bitcoin trader after a discussion with his accountant: 'F**k taxes'

His post, of course, was met with a flood of commiserating responses — not exactly surprising given the amount of many that was made in the space in 2017. Bitcoin BTCUSD, -1.43% by far the biggest crypto, rallied 1,318%. And that's nothing compared to Ripple at about 36,000% and NEW at 30,000%.

Square Cash expands bitcoin buying and selling to all users

Well now the payments company just announced that all users (except those in New York, Georgia, Hawaii, or Wyoming) have access to bitcoin trading in their app. Users can buy up to $10,000 worth of bitcoin a week as well as deposit it from other addresses. The app isn't adding a fee to purchases, ...

Bitcoin Price Just Hit a Shocking Low, But Can It Rebound?

The price of bitcoin has been teetering right around $10,000 recently. According to CoinMarketCap, it briefly dipped below five digits on Wednesday just as it did on January 17. But while that was a brief crash that quickly reversed itself, this present dip comes after several days of sustained drops in the ...

Square made an illustrated children's story to explain bitcoin

The explainer, called “My First Bitcoin and the Legend of Satoshi Nakamoto” and titled in blazing ombre letters, uses colorful illustrations of machines and whirring gizmos to explain Bitcoin , all drawn by Square's Cash App brand and design team. Satoshi Nakamoto refers to Bitcoin's creator, about whom ...

Bitcoin is headed for its biggest monthly drop in 3 years CNBC

Bitcoin was trading near $10,250 Wednesday, according to CoinDesk, which tracks the price of the cryptocurrency based on a number of major exchanges. On Jan. 1, the cryptocurrency traded at $13,412. Wednesday's price marked a 23 percent decline. But bitcoin did hit a low of $9,627 on Wednesday, ...

Square CEO Dorsey says "most" Cash users can now buy bitcoin

Square Inc. SQ, +3.87% CEO Jack Dorsey tweeted Wednesday that "most" users of the company's Square Cash platform now have the ability to buy and sell Bitcoin through it. "We support Bitcoin because we see it as a long-term path towards greater financial access for all," Dorsey wrote. "This is a ...

What is Bitcoin Cash?

Bitcoin Cash was a different story. It differs from the other versions in that in enabled the increase of the block size from one MB to eight MB. It's overall goal is to increase the number of transactions that can be processed by the network, hoping that Bitcoin Cash will be able to compete with the volume of ...

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Square shares climb after the payments company launches bitcoin trading for most users

Users of Square's Cash payments app can now trade bitcoin , except for those in New York state, Georgia, Wyoming and Hawaii. The company's announcement follows Square's test of bitcoin trading on its Cash app in mid-November and rollout to more customers in December. Customers are limited to ...

Watch And Learn: Bitcoin, The Hype And The Bubble

It is seldom justified to speak about a bubble, rally or a crash. In the case of Bitcoin and cryptocurrencies all these phrases might be understatements. Bitcoin and other cryptocurrencies are difficult to understand, but interesting and have the potential to excite people – a perfect combination for inflated ...

Brisbane airport shops will accept Bitcoin from passengers soon – but how will it even work?

The company's software will give the airport equipment to accept Bitcoin as well as Litecoin, Ethereum, Dash and Steem. Roel Hellemons, general manager at Brisbane Airport Corporation said: "Many people around the world have made money investing in cryptocurrencies and a lot of these people ...

Bitcoin Is Just The Latest In The Trend Toward Decentralization

It's been called a number of things: The sharing economy, or “shareconomy.” Peer-to-peer economy. Collaborative consumption. What all of these terms have in common is the idea of decentralization — and blockchain applications, including bitcoin and other cryptocurrencies, are just the latest in a ...

James Altucher, the face of bitcoin, says he's happy about Facebook's bitcoin ban

Something like 70% of Bitcoins are owned by men under 35. It's about time that ads and services start being focused on the enormous number of people that simply need to learn what a Bitcoin IS. And again, kudos to Facebook for trying to clean up all of the garbage out there. This is an enormous ...

South Korean Officials Confiscate 191 Bitcoin During Criminal Investigation

We have another interesting Bitcoin -related development in South Korea. For once, this has nothing to do with regulation or anything along those lines. Instead, one criminal saw 191 bitcoins confiscated by law enforcement earlier this week. The individual in question had been running an illegal site.

Bitfury Launches New Software To Fight Bitcoin Crime

Blockchain tech group Bitfury, founded in 2011 as a Bitcoin mining company, has launched a software stack called Crystal that is designed to help fight crimes involving Bitcoin , according to a press release issued Tuesday, Jan. 30. Crystal will allow users to detect and examine criminal activity that takes ...

Mad about Bitcoin: The cryptocurrency phenomenon hits Madison

Similar gains were posted by hoards of spinoffs that have materialized to capture inflows of cash too vast for the Bitcoin system to handle, many of them posting eye-popping gains of 1,000, 2,000, even 5,000 percent in just months and spawning a new species of nouveau riche: the cryptocurrency ...

Why Bitcoin's Value Could Eventually Approach Zero

According to most observers, the speculative bubble-of-the-year award for 2017—had there been one—would have gone to Bitcoin , the value of which soared from under $800 in January of last year to almost $20,000 by mid-December. In fact, though, Ripple (a lesser-known cryptocurrency) racked up ...

Bitcoin Price Holds Above $10000 But Markets Remain Firmly in the Red

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency markets extended their decline for another consecutive day on Wednesday, as just five of the 100 largest coins and tokens managed to post an advance against the dollar. The Bitcoin price ...

4 TED Talks you should watch immediately if you want to understand bitcoin

With the price of bitcoin climbing above $10,000 in recent weeks, now is as good a time as any to educate yourself on the volatile cryptocurrency. If you're still not too sure how cryptocurrencies and the blockchain work, here are four TED Talks you can watch that help explain it: ...

If You Bought $1000 in Bitcoin a Month Ago, Here's How Much You Would've Lost Now

After an absolutely phenomenal 2017, Bitcoin is getting off to a brutal start in 2018. The leading cryptocurrency skyrocketed in value last year, increasing from $800 to nearly $20,000, making many Bitcoin billionaires along the way. It's been quite a different story thus far in 2018, however: Bitcoin is on ...

How To Spot Bitcoin, Crypto Scams

Despite myriad changes in technology and globalization in recent years, one thing has remained constant: If something gets hot, swindlers will find new ways to scam investors. And so it goes with cryptocurrencies, which are increasingly the object of theft and swindles. The most recent scandal is the ...

Nigeria's lawmakers think bitcoin is one big financial scam

The senate has asked Nigeria's central bank and other regulators to “investigate the proliferation of bitcoin ” and do more to educate citizens about “the dangers” of the cryptocurrency. Much of the lawmakers' fears are based on recent events after Mavrodi Mundial Moneybox (MMM), a Russian ponzi ...

Bitcoin backlash: The legal rules and what you need to know if you want to invest

In the US, the Commodity Futures Trading Commission has sent subpoenas to a major Bitcoin exchange and Tether, a widely traded cryptocurrency, Bloomberg reported. In Asia, South Korea has issued regulations to ban anonymous cryptocurrency trading. The backlash against Bitcoin is growing.

Bitcoin is heading for its biggest monthly decline since January 2015

Bitcoin is headed for its worst monthly decline since January 2015 this month amid increasing scrutiny from regulators on the cryptocurrency space. At 12:30 p.m. London time (7:30 a.m. ET), bitcoin was trading at around $10,249.56, according to CoinDesk, which tracks the price of the cryptocurrency ...

Bitcoin Is Back Above $10K But Gains Could Be Short-Lived

Bitcoin is back above $10,000, but the gains could be short-lived, the price charts indicate. Having breached key support yesterday, prices on CoinDesk's Bitcoin Price Index (BPI) fell to a two-week low of $9,627.89 at 01:14 UTC today. In the last few hours, bitcoin (BTC) has managed to regain some ...

Bitcoin catches its breath around $10100 after falling under a key trend line

No. 1 cryptocurrency bitcoin showed little change early Wednesday, pausing after the prior day's drop that briefly took it under $10,000. Bitcoin BTCUSD, -0.55% was changing hands at $10,134, roughly where it was late Tuesday. The virtual currency is down about 28% for the month with one session to ...

Samsung is making chips designed to mine cryptocurrencies like bitcoin

Mining is a process that requires super computers to solve complex mathematical problems in order to validate a transaction on the bitcoin network. It requires specialist hardware and chipsets. It is this that Samsung can make. The firm's semiconductor division has propelled profits and helped boost ...

Bitcoin Is the New Gold

[ Bitcoin ] transaction confirmation times have risen substantially; this, in turn, has led to an increase in the failure rate of transactions. … By the time the transaction is confirmed, fluctuations in Bitcoin price mean that it's for the “wrong” amount. ... Furthermore, fees have risen a great deal … making Bitcoin  ...

Samsung Is Now Building Bitcoin Mining Chips, Report Says

In December, The Investor – another South Korean news outlet – reported that Samsung had partnered with a Russian bitcoin mining company called Baikal to produce ASICs, the production of which was also set to commence in January. Samsung's shift toward manufacturing processors for the crypto ...

Bitcoin latest: Facebook bans all ads promoting cryptocurrency amid fears they are used for fraud

The site's new policy is just the latest expression of concern that the rising price and interest in bitcoin is allowing malicious scammers to try and defraud people interested in investing in cryptocurrencies. Facebook said it had found a huge number of people using the site to advertise misleading and ...

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Cryptocurrency Exchange Australia Buy and Sell Bitcoin Australia

Cryptocurrency Exchange Australia Buy and Sell Bitcoin Australia. No posting referrals. . 5 to 4 percent fees in the US. The Coinbase exchange has a 1% flat fee for each purchase, while cryptocurrency deposits and withdrawals are done without any fees. Each exchange charges slightly different fees, ...

Goldman Sachs inadvertently bought a stake in a bitcoin trading desk

Contrary to recent reports, Goldman Sachs CEO Lloyd Blankfein says the investment bank isn't starting a bitcoin trading desk (paywall). While the company provides services for clients who trade bitcoin derivatives, the executive said in an interview with CNBC that the bank isn't placing bets on crypto or ...

A major social network is launching its own bitcoin exchange

It's the latest big name to get involved in the cryptocurrency industry, whose popularity exploded last year when bitcoin and other virtual coins soared in value. "Cryptocurrency exchanges are making fat profits right now," said Koji Higashi, a Japanese bitcoin entrepreneur and commentator. "Mainstream ...

An amateur Turkish soccer team used cryptocurrency Bitcoin to acquire a new player

ANKARA, Turkey (AP) — A Turkish amateur league football club has transferred a player by paying him with Bitcoin , in what the club chairman said is the first signing of a player in cryptocurrency. Harunustaspor chairman Haldun Sehit told Turkey's state-run Anadolu Agency late Tuesday that the club ...

Bitcoin Exchange Huobi to Open US Office

China-based Huobi, previously one of the country's largest cryptocurrency exchanges, plans to launch an office in San Francisco. Chief strategy officer Cai Kailong revealed the move at Blockchain Connect, the U.S.-China blockchain conference, on Jan. 26, saying he came to the U.S. the week prior to ...

Bitcoin is under pressure as the crypto selloff continues in Asia

Bitcoin is under pressure as the crypto selloff continues in Asia ... However, concerns around Tether's practices — specifically, whether USDT tokens have been artificially created out of thin air and used to push up Bitcoin's price — were exacerbated this week amid news that the company had recently ...

Facebook Bans Ads for Bitcoin and Initial Coin Offerings

Facebook (FB - Get Report) said Tuesday it was banning advertisements for cryptocurrencies, initial coin offerings (ICOs) and binary options. According to a blog posting by Rob Leathern, Facebook Product Management Director, "there are many companies who are advertising binary options, ICOs and ...

Bitcoin Is Having Its Worst Month in Three Years

Bitcoin gripped the investing world last year like no other asset class in recent memory, minting new millionaires, sparking a pivot to blockchain technology and attracting a new wave of interest from institutional investors. In 2018, bitcoin has been a total dud. Created with Highcharts 5.0.14 Bad Start ...

Inside Asia's bitcoin economy

SHANGHAI -- On Jan. 6, a leaked photograph of an official notice from China's internet finance regulator began to circulate on Twitter. The statement, released by the authorities two days earlier, told local governments to stop subsidizing companies that create new bitcoin , the digital currency, and ensure ...

How do we get our Bitcoin Gold and Bitcoin Diamond off Breadwallet

When you start a fresh install of the app, you get the option to Open Source Bitcoin Gold Wallet In Browser This tool work with BIP44/BIP39, so it's compatible with wallets like Jaxx, Mycelium, or Copay. TREZOR Wallet is starting Derivatives marketplace the winners are the holders, ...

Bitcoin Heads for Worst Monthly Slide Since December 2013

Cryptocurrencies are extending losses with Bitcoin headed for its worst monthly slide since December 2013 on the last day of January trading as U.S. ... Bitcoin is down about 31 percent this month, trading at $9,817 as of 10:20 a.m. in Hong Kong, according to composite pricing compiled by Bloomberg.

Where Does It Fit?

The guys look at correlations, standard deviations, and liquidity measures to see if Bitcoin (/XBT or /BTC) fits the criteria of what an active investor might find attractive. After giving copious amounts of context around Bitcoin's movement, they compare the futures to stocks and ETFs looking to mimic the ...

Bitcoin Fork Wants to Help you Earn Interest After Your Digital Cash

Bitcoin Interest, the latest spinoff of the first cryptocurrency Bitcoin , aims to lift the interest-bearing benefits of traditional banking and bring them into the cryptocurrency world. Starting with “ Bitcoin Cash” last August, Bitcoin has seen around 19 hard forks so far and this year experts predict up to 50 more ...

Facebook Regulates Ads Amid Bitcoin Boom

Although Bitcoin is perhaps the most well-known of all cryptocurrencies, there are thousands of so-called "alt-coins." Many attempt to solve real-world business problems, but a sizable amount have no actual product or team, and merely attempt to swindle newcomers hellbent on getting rich quick.

Cryptocurrency 'gateway drug' bitcoin is losing its appeal, analyst says

Nicholas Colas, co-founder of DataTrek Research, says that search traffic can help forecast price movements in the cryptocurrency market. He argues that bitcoin is a "gateway drug" for other digital currencies. As interest fades in bitcoin , other cryptocurrencies like ethereum and ripple gain traction, ...

Is Bitcoin's Reign as King of Cryptocurrency in Danger?

Regardless of where your allegiances lie in the crypto community, homage should be paid to the original Blockchain solution - Bitcoin . However, it has been 10 long years now since Bitcoin came into being (an eternity in the cryptocurrency space) and things are starting to get away from the King.

Bitcoin - the Revenue comes calling

But in recent weeks there is some evidence that a few people are making trading in crypto-currencies a full-time job, in which case they are likely to be liable for income tax on their earnings. Now, the acceleration in the value of Bitcoin and other crypto-currencies happened over the course of 2017 so it ...

Why Bitcoin May Not Be Digital Gold After All

To explain Bitcoin's exponential rise over the past year, proponents of the cryptocurrency often come back to the same refrain. Think of Bitcoin , they say, as digital gold—a so-called “store of value” that, like the precious metal itself, doesn't need to have a lot of practical uses to be worth a lot of money.

Saudi Arabia is working on an official policy for bitcoin but a ban is unlikely

South Korea's ban on anonymous bitcoin trading accounts went into effect Tuesday while the US Securities and Exchange Commission halted a $600 million initial coin offering. But one country's regulators are taking a more laissez faire-approach to cryptocurrencies: Saudi Arabia. The country isn't ...

Samsung entering the Bitcoin game with new cryptocurrency mining chips

Samsung is reportedly jumping on the Bitcoin bandwagon, with new hardware designed for cryptocurrency mining scheduled to enter production next month. According to The Bell, Samsung is building application-specific integrated circuit (ASIC) hardware designed to be used for mining the trending ...

No more annoying bitcoin ads on Facebook

Say goodbye—at least on Facebook—to those annoying ads promising would-be investors they can make bank from the outsize gains in cryptocurrency NOW, at a 15% discount! As of Tuesday, Facebook Inc. FB, +0.61% is banning ads which hawk financial products that are frequently associated with ...

Newsflash: Bitcoin Price Falls Under $10000 After Bitfinex, Tether Subpoena

US regulators' scrutiny into Bitfinex, one of the world's largest cryptocurrency, over its dollar-pegged digital token Tether has sent bitcoin sinking below $10,000. Bloomberg is reporting that the US Commodities Futures Trading Commission (CFTC) has sent subpoenas to Bitfinex and Tether, the firm ...

Bitcoin Needs To Hold $10000 Or It Could Fall Much Further

Bitcoin fell below $10,000, or about 9%, to around a low of $9,800 on Tuesday. It didn't spend much time there and has now rebounded to just above $10,000. This is the third time in the past two weeks that Bitcoin has been below $10,000 per Yahoo! Finance. While Bitcoin doesn't trade in-line with the ...

Bitcoin sinks as cryptocurrencies join global market sell-off CNBC

Bitcoin traded more than 6.5 percent lower near $10,410 as of 11:37 a.m., ET, according to CoinDesk's bitcoin price index, which tracks prices from digital currency exchanges Bitstamp, Coinbase, itBit and Bitfinex. Ethereum, the second-largest digital currency by market cap, traded about 4.5 percent ...

OpenBazaar 2.1 Released - Bitcoin Cash and Zcash Integrated

Today we are proud to announce Bitcoin Cash and Zcash (Beta) integration in OpenBazaar! With this update users will have the option to create new nodes for processing Bitcoin Cash and Zcash (Beta) payments, respectively. OpenBazaar already allows buyers to fund their wallets with a variety of ...

Why Tether's Collapse Would Be Bad for Cryptocurrencies

Unlike bitcoin and its many siblings, tether is what is called a stablecoin, an entity designed to not fluctuate in value. ... “It's possible that a nontrivial rise in the price of bitcoin and other cryptocurrencies has come from this asset being printed possibly out of thin air, and that is very concerning,” says Jill ...

Bitcoin is basically a Ponzi scheme

If you've been living in a cave and haven't heard of bitcoin , it's the biggest, best-known example of a “cryptocurrency”: an asset that has no physical existence, consisting of nothing but a digital record stored on computers. What makes cryptocurrencies different from ordinary bank accounts, which are ...

Facebook Bans Ads for Bitcoin and Other Cryptocurrencies

The social network said Tuesday that it would ban all ads for Bitcoin and other cryptocurrencies, in order to stop promotions that it sees as “frequently associated with misleading or deceptive promotional practices.” Under Facebook's new policy, no ads from well-known digital currency exchanges or for ...

Facebook Bans All Cryptocurrency Advertising, Including ICOs, Bitcoin And Ethereum

Jesse Damiani , Contributor I cover the human side of VR/AR, Blockchain, AI, Startups, & Media. Opinions expressed by Forbes Contributors are their own. A Facebook Inc. logo sits on display at Station F, a mega-campus for startups located inside a former freight railway depot, in Paris, France, ...

Facebook bans ads tied to bitcoin, other cryptocurrencies

Still, enthusiasm for bitcoin and other volatile digital currencies has minted many millionaires. Public companies have capitalized on the hype, with everything from packaged-food makers to sports-bra manufacturers seeing shares surge after linking their firms to crypto, sometimes just by name.

Facebook ban on bitcoin ads latest in very bad day for cryptocurrencies

Bloomberg reports, citing a source, that last week the U.S. Commodity Futures and Trading Commission subpoenaed Bitfinex, one of the largest cryptocurrency exchanges in the world, and a digital coin company called Tether that is run by many of the same people as the exchange. The U.S. Securities ...

Here's Why Bitcoin, Ethereum, and Ripple Are Plunging Today

The cryptocurrency markets are having their worst day in some time on Tuesday. Not only are bitcoin (BTC-USD) and Ethereum (ETH-USD) down, or a few other major cryptocurrencies, but digital currencies are largely plunging across-the-board. In all, the cryptocurrency market has lost about $70 billion ...

Facebook is banning ads for bitcoin and other cryptocurrencies

The spectacular spike in prices last year of bitcoin and many alternative cryptocurrencies has sparked a surge of interest among investors and companies of all kinds. The exuberance has led to schemes that, in some cases, promise triple-digit returns and have attracted the scrutiny of the Securities and ...

Facebook is banning all ads for bitcoin, cryptocurrencies, and ICOs

The social network says the ban, which includes both Facebook and Instagram, is to crack down on scams. Cryptocurrencies are "frequently associated with misleading or deceptive practices," it said. Cryptocurrencies are a Wild West of sorts — and Facebook has had enough. The social network is ...

Bitcoin tanks as Facebook bans cryptocurrency adverts

Bitcoin's price fell by more than 10pc to trade as low as $9,810 (£6,940), its lowest for two months and less than half the price it peaked at in December. The growing threat of regulation has weighed heavily on demand for cryptocurrencies in recent weeks following the extraordinary Bitcoin boom of 2017.

Facebook Is Banning Advertisements for Bitcoin, ICOs

Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others. Rob Leathern, the company's product management director, wrote in a Jan. 30 blog post that the new policy targets "ads that promote financial products and ...

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Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs

No advertiser will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options. That also means that "crypto-genius" James Altucher, whose ads have appeared all over the internet and have become a meme of sorts for the entire crypto ...

Not Making A Mint: Bitcoin Dives To Below $10000; Ethereum, Crypto Stocks Plunge

Bitcoin lost a tenth of its value Tuesday, crashing below the $10,000 level amid new regulatory measures in the U.S. and South Korea. Other cryptocurrencies and Bitcoin - and blockchain-related stocks tumbled as well. Investors were selling a wide range of financial assets Tuesday, including stocks and ...

Facebook Bans Bitcoin Ads

Facebook is banning ads that promote bitcoin and other cryptocurrencies in an effort to protect its users from “financial products and services frequently associated with misleading or deceptive promotional practices." The platform has recently been criticized for hosting dubious cryptocurrency-related ...

How a self-made millionaire who would never buy bitcoin ended up with $2 million worth of it

The self-made millionaire prefers to invest in sure things, which is why he would never buy a volatile asset like cryptocurrency. All the same, he has accumulated a lot of it. "I own some bitcoin ," says Cardone, "but it's funny how I got it. I was paid for a speaking gig in bitcoin ." That was back when the ...

Facebook bans all ads for Bitcoin, ICOs, and other cryptocurrency

Facebook is banning all advertisements for cryptocurrency, including Bitcoin and initial coin offerings, as part of an “intentionally broad” policy against deceptive marketers. Product management director Rob Leathern explained the decision in a blog post, saying Facebook will no longer accept ads that ...

5 Worst-Case Scenarios That Could Cause the Price of Bitcoin to Crash

In 2017, Bitcoin gained nearly 14,000% making the digital currency the story of the year. But its ascent to the top of the cryptocurrency market is not without risks. Bitcoin's market dominance has fallen from a lofty 85% in January 2017 to 38% at the end of 2017, reflecting investors' uneasiness about ...

Bitcoin back below $10000

Not one to be left out of Wall Street's sell-off, bitcoin is back under $10,000. The cryptocurrency was fetching $9,950 at pixel time on Bitstamp, one of the major trading venues. Its price had been as low as $9,731 earlier in the session. The price of bitcoin sank below $10,000 in the middle of this month ...

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Bitcoin bleeds over news of US government subpoena

US regulators today subpoenaed one of the world's largest cryptocurrency exchanges as questions mount over a digital token called Tether. A popular substitute for US dollars on various crypto exchanges, Tether provided an easy way for investors to ride out storms in volatile markets without removing ...

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Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs

Facebook is banning all ads that promote cryptocurrencies, including bitcoin , in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.” That means no advertiser — even those that ...

Small Biz IRAs, Bitcoin Forecast As 2018 Pocketbook Priorities For State Legislatures

Ted Knutson , Contributor I am your waiter for cybersecurity/fintech/ Bitcoin SEC/CFTC/FTC/OCC. Opinions expressed by Forbes Contributors are their own. Expanding small business IRAs and putting in place Bitcoin rules for the first time are viewed as the top pocketbook priorities for state legislatures in ...

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Bitcoin tumbles below $10000 for the 2nd time in less than 2 weeks

Bitcoin has slumped more than 11% in the last 24 hours, falling below $10,000 per coin for the second time in less than two weeks as reports of cryptocurrency exchanges Bitfinex and Tether being subpoenaed by US regulators in December dragged down prices. The flagship digital coin now makes up ...

Bitcoin Price Nears $10K Amid Wider Crypto Drop

The price of bitcoin is down nearly 10 percent today, having slipped to close to $10,000 amid wider weakness in the cryptocurrency market, according to CoinDesk's Bitcoin Price Index (BPI). Price data shows that, as of press time, the price of bitcoin is trading at $10,053.17, representing a decline of ...

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Bitcoin Price Sinks Further as South Korea's New Cryptocurrency Trading Rules Take Effect

Bitcoin price declined for a second consecutive day on Tuesday as South Korea's new restrictive policies on cryptocurrency trading officially went into effect.

How this founder got a $1 million donation from an anonymous bitcoin multi-millionaire

"I ran around my house with joy, and danced with our twin babies to celebrate (we do a lot of dancing together) the impact that I know that donation will have in the world," says Adam Braun, in a blog post published Tuesday about the moment a $999,999.99 donation from an anonymous bitcoin  ...

What South Korea's Cryptocurrency Rules Mean for Bitcoin

South Korea has thrown down the gauntlet on cryptocurrency speculation. On Tuesday, the country's Financial Services Commission enacted a series of rules that it hopes will “reduce room for cryptocurrency transactions to be exploited for illegal activities such as crimes, money laundering and tax ...

Cryptocurrencies join the global financial market sell-off as bitcoin drops 7%

Bitcoin trades more than 6.5 percent lower near $10,410 as of 11:37 a.m., ET, according to CoinDesk's bitcoin price index. Ethereum, ripple, stellar and other cryptocurrencies also sell off. Benjamin Roberts, co-founder and CEO of Citizen Hex, an ethereum-focused start-up, attributes the declines to ...

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Bitcoin Price and Cryptocurrency Markets Sputter

In the last 7 days, the price of a single bitcoin has mostly moved sideways as economists and politicians at the World Economic Forum in Davos discussed regulating bitcoin . During this period, bitcoin has traversed the range between $10,000 and $12,000, reaching a high of $11,926.41 on Sunday ...

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Since Bitcoin took a tumble from the great heights of $20,000, the positive predictions have abated with the bears emerging from their caves, getting more vocal as they do. In such a market for Bitcoin , it is easy to predict downturns, which is fueling many anti-Bitcoiners to spread negativity about bubbles ...

NFL star Richard Sherman had to talk his grandmother out of buying bitcoin when it was at $19000

Richard Sherman (25) of the Seattle Seahawks laughs with teammate Bobby Wagner (54) on the sidelines in the fourth quarter during a game between the Seattle Seahawks and the Indianapolis Colts on October 01, 2017 at CenturyLink Field in Seattle, WA.

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Turkish soccer club completes first Bitcoin transfer in country's history - CNN Turk

ANKARA (Reuters) - A Turkish soccer club has completed the country's first ever transfer using the Bitcoin cryptocurrency, broadcaster CNN Turk reported on Tuesday. Harunustaspor, a local amateur league club, signed 22-year old Omer Faruk Kiroglu for 2,000 liras (£377.6) worth of Bitcoin and 2,500 ...

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Fork Fail: US Government Institute Claims Bitcoin Cash Is 'Original' Bitcoin

A US government institute has claimed Bitcoin Cash (BCH) is the “original” Bitcoin while Bitcoin itself (BTC) is a “fork” in a surprising official research into cryptocurrency. In a document titled “Blockchain Technology Overview” from the National Institute of Standards and Technology under the US ...

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People who help mine, or create, bitcoin and other cryptocurrencies are snapping up the processors as the currencies have soared in value. Whenever people buy and sell these digital coins, the transaction is verified through a series of complex mathematical computations. Whoever does that math ...

Bitcoin, Ether drop as cryptocurrency rules go live in South Korea

Popular cryptocurrency bitcoin traded modestly lower Tuesday in subdued trading on the day that more stringent rules in mega-market South Korea go into effect. Spot bitcoin prices BTCUSD, -8.31% slid 1.6% to $10,983.46, and ether coins on the Ethereum blockchain fell 0.7% to $1,174.54, according ...

Bitcoin dips as South Korea's cryptocurrency rules come into effect

Officials hope the measures will prevent children and criminals from trading cryptocurrency in South Korea, which appears to be leading the way when it comes to embracing digital coins. In a document the Financial Services Commission stated that as of January 30, any Bitcoin wallets opened after that ...

Piece of DNA Containing Coded Key to One Bitcoin Cracked Days Before Deadline

Essentially, Motherboard writes, the key to open a specific bitcoin wallet was encoded into DNA as part of the “DNA Storage Bitcoin Challenge.” The whole thing got started after Nick Goldman gave a presentation on DNA info storage at the 2015 World Economic Forum in Davos, Switzerland.

India's flourishing fintech sector is craving the finance minister's attention

“Given the growth in the number of participants in bitcoin and other cryptocurrencies and trading volumes, it is time that the government makes its stand known,” said Ajeet Khurana, head of the Blockchain and Cryptocurrency Committee, a lobby of bitcoin players. “Even if a detailed policy framework is ...

Bitcoin bites back

Bitcoin was the first digital currency to be adopted by the public and have long-term value. However, as more people became aware of the market, the more other digital currencies known as “altcoins” began popping up. Many altcoins serve the same purpose as bitcoin , but fixed some of the problems ...

3 More Lies Bitcoin Skeptics Tell Themselves

Although the arguments against bitcoin keep coming, they haven't evolved much since 2013, when the first major run-up in the price brought out all of the haters. With skepticism abound once again, I thought now would be a good time to cover three more lies bitcoin skeptics tell themselves.

'Bitcoin Could Alter the World', Says Former US Senator Judd Gregg

Former New Hampshire governor and three-term senator Judd Gregg has said he believes bitcoin could alter how the world views currency. In an opinions piece published by The Hill yesterday, Gregg outlined why he thinks people believe in bitcoin , how bitcoin could be used and what it could mean for ...

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Bitcoin boom to give AMD earnings a boost, says MKM Partners

A sharp run-up in digital currency values didn't just benefit crypto traders in the final months of 2017. Advanced Micro Devices will likely get a share of the riches, according to MKM Partners analyst Ruben Roy. Roy has turned more bullish on AMD on the calculation investors have yet to price in a boost ...

$10K Exposed? Bitcoin Bulls Fail to Defend Price Floor

Bitcoin is looking down after the bulls failed to defend a key level in the early Asian hours, price chart analysis suggests. Prices on CoinDesk's Bitcoin Price Index (BPI) fell below $11,000 at 01:44 UTC today and hit an intraday low of $10,805 at 03:29 UTC. The recovery seen in the next few hours ran into ...

Bitcoin mania is hurting PC gamers by pushing up GPU prices

Bitcoin and other cryptocurrencies like Ethereum, Ripple, and Litecoin have soared in value over the past year, thanks to continued interest from a range of investors. As the price of these cryptocurrencies has increased, graphics cards have also seen big price increases thanks to retail stock shortages.

Bitcoin price BOOST: The 1000 year old business joining Cryptocraze with a KEY difference

He said: “Gold has probably had an argument that it's been a store of value for 6,000 years, bitcoin's a bit younger and the future of bitcoin is uncertain.” The UK is not the only country to create a gold-backed cryptocurrency. Australia's Perth Mint have said they are hoping to capitalise on the rise the ...

Bitcoin Blockchain

Context. Blockchain technology, first implemented by Satoshi Nakamoto in 2009 as a core component of Bitcoin , is a distributed, public ledger recording transactions. Its usage allows secure peer-to-peer communication by linking blocks containing hash pointers to a previous block, a timestamp, and ...

A Louisville investor says he was duped into a Bitcoin investment scheme. Now he's suing

A Louisville man has sued a British company in federal court, alleging he was scammed by a fraudulent investment scheme linked to the cryptocurrency market. The action filed in U.S. District Court in the Western District of Kentucky is at least the second suit by investors seeking to recover funds paid to ...

Bitcoin exchange robbed by real-life bank robbers with real-life guns

Last week, on Tuesday morning, three armed men entered the office of an Ottawa Bitcoin exchange, Canadian Bitcoins , where they tied up four employees and demanded Bitcoins . Sorry, there's no punchline. This is not a joke. The bank robbers did not expect clinking bagfuls of shiny gold Bitcoins like ...

Wall Street veterans: You should care about bitcoin, Southwest Florida

Almost a year ago, Noreen Harrington, the Wall Street veteran known for her role as a whistle-blower during a 2003 mutual funds scandal, was at a speaking engagement in Bonita Bay when someone asked her what she thought about bitcoin . “My answer was, 'I don't know enough to have an opinion,” ...

Bitfury Enters Bitcoin Crime-Fighting Business with Crystal Launch

After years of working with government agencies leery of bitcoin's seedy past, the blockchain services firm best known for its bitcoin transaction processing business has decided to take matters into its own hands. Launched today, a number of tools collectively identified as Crystal are intended to make it ...

Elliott Wave Webinar: Bitcoin Bounce and EUR/USD Near Trend Line

Bitcoin price bounce takes the shape of an Elliott Wave correction, which suggests a retest of recent lows. EUR/USD nears the 10-year trend line as the three year Elliott Wave flat pattern matures. The video above is a recording of a US Opening Bell webinar from January 29, 2018. In today's US Opening ...

Bitcoin price LIVE: Bitcoin continues to fall as Federal judges in NY plot regulation

Bitcoin took another hit yesterday after the price plunged from $11,926 to $10,925 in just a few hours yesterday evening. Bitcoin is currently priced at $10,960 with ethereum doing well at $1,166 and ripple $1.24. New regulatory noise emerging from New York will concern wallet holders with Fortune ...

Bitcoin's Problems Have No Simple Solution

This article started off as a fairly simple look at how Bitcoin (COIN) (OTCQX:GBTC) compares to digital payment solutions such as Visa (V) and Mastercard (MA). Morgan Stanley (MS) recently released some research into this area, and although the conclusions were not hugely surprising, I find it useful to ...

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Bitcoin bull and Wall Street investor Tom Lee said this year is the beginning of the "Great Crypto Rotation." "We think 2018 is going to be a story about rotation," Lee told CNBC on "Fast Money" Monday night. "But the rotation we're referring to is among the smaller alt -coins and the large platform tokens.".

Bubble, Bubble, Fraud and Trouble

The other day my barber asked me whether he should put all his money in Bitcoin . And the truth is that if he'd bought Bitcoin , say, a year ago he'd be feeling pretty good right now. On the other hand, Dutch speculators who bought tulip bulbs in 1635 also felt pretty good for a while, until tulip prices ...

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Double dipping: Diverting ransomware Bitcoin payments via .onion domains

Overview. Proofpoint researchers have been following an previously undocumented threat in which actors are stealing bitcoins via the Tor proxy onion[.]top. Operators of this proxy are surreptitiously diverting Bitcoin payments from ransomware victims to their own wallets by modifying in transit the source ...

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Bitcoin Hedge Fund Created by 2 Former BlackRock Bond Specialists

Former bond specialists at BlackRock, Inc. (BLK) Michael Wong and Adam Grimsley have thrown in the towel on bond investing, hooking up with a third investor to launch a new bitcoin hedge fund dubbed Prime Factor Capital. According to Bloomberg, the new hedge fund will start trading ...

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, NEM, Cardano: Price Analysis, Jan. 29

Historically, January has always been a weak month for Bitcoin and 2018 is no exception. Some believe that this is due to Chinese investors converting their Bitcoins to fiat currency in order to buy gifts and presents to celebrate the Chinese Lunar New Year, which falls in February. After all, the Chinese ...

After the Biggest Cryptocurrency Hack Ever, Bitcoin, Ethereum, and Ripple Are All Up -- Why?

Bitcoin (BTC-USD), Ethereum (ETH-USD), bitcoin cash (BCH-USD), and Cardano (ADA-USD) are all down slightly on Monday, with Ripple (XRP-USD) being the only gainer in the top five. However, the prices of most cryptocurrencies jumped sharply over the weekend, and while they seem to be giving ...

Bitcoin Price Analysis: Possible Bear Pennant Suggests End to Market Consolidation

Looking back at bitcoin's parabolic curve, we can see notable lines of support and resistance throughout its market cycle. Two highly reliable sources of support and resistance are the set of 50/200 EMAs and the Fibonacci Retracement set from the beginning of the bull market to the top of our current ...

A little-known token may be fueling Bitcoin's rise. Critics say it's a scam.

Bitcoin has been on a run. Despite its recent dip, the cryptocurrency has impressed skeptics and believers alike in its monumental rise in value since its creation nine years ago. But all that could be on the verge of change. Because while the argument rages on as to whether Bitcoin is in fact a currency or ...

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AIER Researchers: Bitcoin's Price Moves with News

Researchers at the American Institute for Economic Research (AIER) teamed with Missouri University to examine whether the price of bitcoin is being manipulated by a few traders. Conspiracy theories abound, and new accusations arise regularly. A first in a series of papers on the world's most popular ...

What's in store for bitcoin in 2018?

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Bitcoin Price Drops 4% as Cryptocurrency Market Struggles in Recovery

The bitcoin price has dropped by 4 percent earlier today, on January 29, as the entire cryptocurrency market struggled to recover from its previous corrections. Other major cryptocurrencies like Ethereum, Cardano, and Stellar have also fallen by small margins, in the 3 to 5 percent region.

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Altucher, according to the ads, is the “crypto genius” who will unveil the next bitcoin . Never mind criticisms that he directs his followers to invest in risky small-cap stocks and cryptocurrencies, leading to a temporary bump in their prices followed by a sell-off. Never mind the complaints from some ...

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Bitcoin, Cryptocurrency And The Government Regulation Paradox

A company called Bitconnect, which is different than Bitcoin , has recently been made the subject of a class-action lawsuit alleging that it was a Ponzi scheme. The investors say that they collectively lost over $771,000 in their investment in the company and other damages. Bitconnect purportedly had a ...

Weed and Bitcoin Are Luring Millennials to Wall Street

Cannabis stocks and cryptocurrencies such as bitcoin helped fuel an explosion of millennial investors on Wall Street in 2017. The neophyte investors under 35 spiked 72 percent last year, TD Ameritrade's CEO Tim Hockey told Business Insider last week. Hockey said marijuana and blockchain stocks ...

World's Largest Investment Company: 'Interesting' Bitcoin Is Under 'Close Review'

“The fact that interest has persisted despite these repeated hacks,” she continued, describing customer demand for Bitcoin at BlackRock, “despite regulators waking up and trying to catch up with this new development and gradually weeding out all the illegal uses suggests there really is something to it.” ...

Bitcoin and Cryptocurrency Prices Recover After Coincheck Hack

It is a sign of the growing maturity of the cryptocurrency ecosystem that even the largest theft of coins in its history failed to crash markets. The overall market capitalization for cryptocurrencies dipped briefly to $507.9 billion, a drop of 9% from its high 4 hours earlier, last Friday morning as news of a hack ...

Bitcoin Price Slips Into the Red as Robinhood-Fueled Rally Stalls

On Sunday, the Bitcoin price peaked at $12,190, but it failed to hold above the $12,000 mark and sunk even lower on Monday morning. At present, the Bitcoin price is trading at $11,262 on Bitfinex, which represents a 24-hour decline of five percent and provides the most prominent cryptocurrency with a ...

China's First Bitcoin Exchange Acquired by Hong Kong Investors

China's first Bitcoin exchange said it has been acquired a by unnamed Hong Kong-based blockchain investment fund after a regulatory crackdown by Chinese officials. BTCC, which was known as BTC China when it was founded in 2011 by American Bobby Lee, was purchased for undisclosed terms.

'Bitcoin heist' shock: Cops seek 4 for aggravated burglary in Midsomer Murders town

A gang of armed robbers reportedly burgled a village home belonging to Bitcoin traders in an Oxfordshire, England. According to police, four suspects broke into the home of a man and his partner in Moulsford, a town famous for its appearances in Midsomer Murders, last Monday. One witness speaking ...

Exchanges are Bitcoin's Weakest Link…and Regulators are Watching

A gargantuan cryptocurrency theft has once again rattled the bitcoin market, and the odds of regulators getting involved are rising. On Friday, a hacker pilfered nearly $500 million worth of digital coins from Japanese exchange Coincheck. Regulators there said they'd now be conducting on-site ...

Bitcoin is a Fork, Bitcoin Cash Is the Original Blockchain

“When SegWit was activated, it caused a hard fork, and all the mining nodes and users who did not want to change started calling the original Bitcoin blockchain Bitcoin Cash (BCC),” the document states. “Technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain. When the hard fork ...

UK Crypto Trader Forced to Hand Over Bitcoin at Gunpoint

A British man who runs a cryptocurrency trading firm was yesterday forced at gunpoint to hand over an unknown quantity of bitcoin . The incident, which reportedly took place in the village of Moulsford in South Oxfordshire, is said to be the first bitcoin heist in the country. It was reported to the local police ...

Bitcoin Investment Trust Jumps After Stock Split Takes Effect

Sometimes all it takes is the illusion that you're getting more for less to drive the price of a stock higher. That was the case today with the shares of the Bitcoin Investment Trust: its shares surged more than 8 percent after the fund's 91-for-1 stock split took effect. More than 700,000 shares had been traded ...

Bitcoin price news: Why is bitcoin going down today? BTC crashes $12.5billion

Bitcoin's growth looked unstoppable last month, when it surged from less than $3,000 to nearly $20,000 in just a few months. But the entire crypto market has faltered since the start of the year, with bitcoin's closest rivals Ripple and Ethereum also struggling. The bitcoin (BTC) price tracker below shows ...

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How Much Should I Regret Not Buying Bitcoin?

The first bitcoin transaction ever was by man who bought two pizzas. That arrangement would be worth over a $100 million today. Regret was baked into Bitcoin from the beginning. Last year, somewhat inexplicably, Bitcoin's price rose more than 1,000 percent. That number has since dipped, but a ...

Silicon Valley's Bitcoin Apps are Now About Price Speculation, Not Cheaper Payments

When Bitcoin first captivated the minds of tech executives back in 2013, it was mainly seen as a new way to make fast, cheap payments online. Roughly five years later, the number of big brands accepting bitcoin is falling, not growing. Having said that, interest in bitcoin hit an all-time high in December, ...

Bitcoin And Other Currency Sundries

Wikipedia's definition for "sundries" reads, “Miscellaneous small items, usually of no large value and too numerous to mention separately ...” I wouldn't say that cryptocurrencies belong in the toilet, but we're not all that far from the other qualifiers of “no large value” and “too numerous to mention.” Given ...

Can Bitcoin Claw its Way Back to Being a Payment System?

The header of the Bitcoin white paper defines the digital currency as “A Peer-to-Peer Electronic Cash System.” However, a deeper look into what Bitcoin has become, and where it has come from, shows a very different picture. Users have flooded to the cryptomarket, usually through the gateway that is ...

Starbucks Chairman Interested in Cryptocurrency Market, Just Not Bitcoin

“Well, I think I have another question for you: Twenty or so years later, and the question is, the issue of do you understand and are you anticipating what could happen with cryptocurrencies? And the reason I mention this is not because I'm talking about Bitcoin , because I don't believe that Bitcoin is going ...

How to file your income taxes on bitcoin in 2018

It's been a turbulent year for bitcoin , and now it's time to talk about taxes. Most people who held on to bitcoin over the past year made money off of it, and as Americans prepare for income tax season, the IRS wants its cut of the profits. Amid unprecedented gains — and unprecedented enforcement efforts ...

Bitcoin Price Drops to $11225 and Remains Stuck in Sideways Momentum

As the day progresses, we see more and more cryptocurrencies suffer from major losses once again. The main culprit is the Bitcoin price, which seemingly can't catch a proverbial break right now. More specifically, the Bitcoin price has dropped once again in the past 24 hours, resulting in a decline of ...

Bitcoin price WARNING: regulatory crackdown INEVITABLE but there's ANOTHER threat LOOMING

UK Prime Minister Theresa May said cryptocurrencies like bitcoin should be looked at “very seriously” and has demanded tighter regulation during an interview in Davos. Speaking to Bloomberg she said: “We should be look at these very seriously - precisely because of the way they can be used, ...

Japanese Electronics Retail Giant Launches Bitcoin Payments

Major Japanese consumer electronics retailer Yamada Denki has partnered with cryptocurrency exchange bitFlyer to add a bitcoin payments service in two of its stores. Launched this weekend, according to a press release, one of the stores to receive the new service is based in Shinjuku, an area of ...

BITCOIN NEWS: Deutsche Bank warns bitcoin holds real risk of TOTAL LOSS

Markus Mueller, global head of investments at Deutsche Bank, said his company could not recommend investing in bitcoin and cryptocurrencies, as it was likely to result in significant losses. He told Bloomberg Markets: "We do not recommend it. It's only for investors who invest speculatively. There is a ...

Bitcoin Price Looking Heavy As News Turns Negative

Following a hack against the exchange Coincheck last week, CoinDesk's Bitcoin Price Index (BPI) turned lower from $11,942 (Sunday high), ultimately hitting a low of $11,110 at 09:59 UTC Monday. Still, what may be more notable is not the recent price (which continues its sideways 2018 trajectory), but ...

South Korea's Largest ECommerce Platform is Integrating Bitcoin

WeMakePrice, better known as Wemepu, one of South Korea's largest e-commerce platforms, is integrating 12 cryptocurrencies including bitcoin , Ethereum, and Litecoin in collaboration with Bithumb, the country's largest cryptocurrency exchange.

2 bitcoin traders were held at gunpoint in an armed raid in rural England

Two bitcoin traders were robbed at gunpoint at their home in rural England when armed criminals forced them to carry out cryptocurrency transfers. Danny Aston and his girlfriend Amy Jay, who jointly run a cryptocurrency trading company, were forced to digitally transfer bitcoin by four men who broke ...

Bitcoin price: Fraudsters using surge in cryptocurrency to trick people into scams, financial ...

Bitcoin and other investments are being used to lure people into scams, the UK's financial watchdog has warned. Fraudsters are contacting people online and through social media to offer them the chance to invest in cryptocurrencies and financial instruments. The solicitations often promise high returns ...

Opinion: Blame bitcoin's crash on these sharp new players

Futures trading in bitcoin opened the door for naysayers to participate in the trading market, which had previously been largely dominated by true believers. Now the naysayers have pushed bitcoin's price down sharply. Since closing at a peak above $19,000 on December 18 — on the first day of futures ...

Bitcoin latest: Coincheck says it will refund most of $524m stolen in world's biggest ever ...

A Japanese cryptocurrency exchange that fell victim to a hack in which 58bn yen (£380m) of digital coins was stolen said customers will be refunded. Coincheck said on Sunday that it would refund about 90 per cent of the stolen NEM coins with internal funds. Despite the announcement, Japan's ...

Seller puts lavish house on market for $1.74 million, but also accepts bitcoin

The News Journal of Wilmington reports an agent with Brandywine Fine Properties Sotheby's International Realty, Michael A. Kelczewski, is offering the chance to purchase the 4.2-acre (1.7-hectare) property with bitcoin , the international cryptocurrency that enables peer-to-peer transactions without a ...

Bitcoin prices tumble; Japan cracks down on Coincheck after hack

Bitcoin prices slipped on Monday, as the market weighed up news of a fresh crackdown on a cryptocurrency exchange in Japan after the biggest theft of digital assets since 2014. Spot bitcoin prices BTCUSD, -4.20% fell 4% to $11,215.74, and ether coins on the Ethereum blockchain fell 4.8% to ...

Investors in a bind as banks pull the plug on bitcoin accounts

MUMBAI: The uncertainty over regulating crypto-currencies seems to have left hundreds of Indian investors in the lurch. A number of retail investors who had bought bitcoins over the past few months are now stuck as some banks are not allowing them to deposit money earned from trading on bitcoin  ...

Bitcoin is BORING!' Here's what needs to happen before EVERYBODY uses cryptocurrency

Speaking to Bloomberg, Cheung said: “From an investor perspective, especially as a VC investor, Bitcoin is boring. “It's like the Motorola cell phone back in 1984, great we have brick that costs us $3,900 and weighs two pounds and it works alright. “But we realised that after bitcoin there's still three to four ...

Bitcoin price – today's exchange rate value in GBP and USD as cryptocurrency continues to fall

Bitcoin is worth £7,943.72 ($11,208.86) as of January 29, 2018 at 9.50am which is down four per cent on the value of £8,313.54 ($11,730.69) at the same time yesterday. The cryptocurrency has continued to slide since posting an all-time high on December 16 last year, when it was valued £11,632.00 ...

Bitcoin robbery victim 'too scared' to return home with wife and baby after armed robbers forced ...

THE victims of what is thought to be the UK's first Bitcoin robbery are in hiding after masked raiders wielding guns burst into their home last week. Trader Danny Aston and his partner Amy Jay have not been seen at their sprawling countryside home since the aggravated robbery on Monday.

A Little Lightning Project Has Two Big Implications for Bitcoin's Tech

First, the startup believes Lightning could bring value to the Internet of Things in a way that old payment systems and bitcoin couldn't because they're both simply too slow. Second, it's one of the first earnest businesses working on a product built on Lightning, showing that the off-chain network might ...

Bitcoin, Cryptocurrencies Drop After Japan's Coincheck Breached

Bitcoin fell as much as 4.2 percent and other leading cryptocurrencies including Ether, Litecoin and XRP also lost ground following news that Coincheck - one of Japan's largest digital exchanges - was robbed of over $500 million in NEM coins. Hackers penetrated the venue's systems early Friday.

Bitcoin price LIVE: Bitcoin down nearly $500 as gunpoint crypto heist plot shocks UK

Bitcoin's price is down $480 to $11,217 at the time of press as the crypto community responds to the deluge of regulatory threats coming from Davos last week, and a gunpoint robbery in a picturesque Oxfordshire village on Monday, revealed in the Sunday papers. Last Monday, in the quaint village of ...

Weiss Gets Digital Currency Ratings Horribly Wrong, Bitcoin Merely C+ Student

The crypto community is one where there is a lot of vehement support for certain coins. Bitcoin , being the biggest and probably most popular, obviously has a large contingent of die hard fans who think it cannot be bested. However, that view must have taken something of a knock as Weiss Rating, ...

UC Berkeley blockchain research skyrockets alongside price of bitcoin

A single bitcoin's worth as of press time is $11,498 — a stark increase from January 2017, when one bitcoin was valued at around $1,000. The value of bitcoin , a decentralized digital currency proposed in 2008, jumped to $19,498 in December 2017 before dropping down to its current value. While the ...

Bitcoin and cryptocurrencies – what digital money really means for our future

What you really have when you own a bitcoin is the collective agreement of every other computer on the bitcoin network that your bitcoin was legitimately created by a bitcoin “miner”, and then passed on to you through a series of legitimate transactions. If you want to actually own some bitcoin , there are ...

Bitcoin price CRASH 'BLOODBATH': Cryptocurrency could drop 80% as tether criticism rises

The user has detailed in posts, tweets and YouTube videos that tether has been plucked from thin air to boost the value of bitcoin . Investor worries have stemmed from the fact Bitfinex has previously declared that all of its coins are backed by real US dollar deposits, giving it a one to one value. However ...

Can Bitcoin Be Destroyed? The 7 (Unlikely) Paths to Irrelevance

Before we get into the speculation, let's start with the facts – bitcoin has been declared dead more than 200 times. Despite the fact that the world's first cryptocurrency has operated with near-100 percent uptime (for almost 10 years), it's still fashionable to predict its demise. Even supposedly smart people ...

Cryptocurrency HACKERS use YOUTUBE to target computers for bitcoin and ripple mining

HACKERS have been targeting users of YouTube to mine cryptocurrencies such as bitcoin by attacking computers through the video platform's advertising service, it has been reported. By Dan Falvey. PUBLISHED: 03:23, Mon, Jan 29, 2018 | UPDATED: 03:49, Mon, Jan 29, 2018 ...

University College London Fights CV Fraud via Bitcoin Verification

Imagine getting treated by a doctor with a fake diploma, or losing a job to another candidate who faked his resume. Unfortunately, such cases are all too prevalent these days in various parts of the world where proper documentation verification is too cumbersome or too costly. However, bitcoin might ...

Armed Robbers Enter Home, Force Bitcoin Trader to Transfer Funds

Moulesford, Oxfordshire: In what is believed to be the first attack of its kind in the UK, armed robbers broke into the family home of a Bitcoin trader and forced him to transfer his cryptocurrency to them. According to local police, four robbers in balaclavas forced entry into the house, before tying up the ...

$50000 Bitcoin Could Come Sooner Than You Think, According to Portfolio Manager

Bitcoin's meteoric rise is set to continue this year, with prices destined to hit $50,000 in the not-too-distant future, according to cryptocurrency portfolio manager Jeet Singh. Though Singh isn't the first to predict $50,000 bitcoin , his forecast for when it could occur has taken some investors by surprise.

Bitcoin robbers 'knew about victim's fortune because of his prolific trading on the internet' - as ...

Armed robbers raided the home of a City trader and forced him to transfer his Bitcoin fortune to them. Four thugs wearing balaclavas stormed Danny Aston's £800,000 converted barn in rural Oxfordshire. They held Mr Aston, 30, at gunpoint as they tied up his girlfriend Amy Jay, 31, and put the couple's ...

'Without this bitcoin price would collapse': Fears grow over tether 'printing press' as auditors part ways

In effect, Bitfinex has been accused of creating tether out of thin air, without corresponding US dollar deposits, in order to pump up the price of bitcoin . While Bitfinex insists all new “USDT” are backed by real dollar deposits, new tether issuances have coincided with dips in the price of bitcoin . Last week ...

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How Bitcoin Nearly Destroyed My Mental Health

Bitcoin is tanking. $15k. $14.5k. $14k. This is it. The bubble has burst. I'm out! The only thing harder than watching your profits disintegrate is realising that your mental health is in a worse state than your Bitcoin -to-USD balance. This is my first day off work as the Christmas holidays arrive. I haven't had ...

The bitcoin party is over. The blockchain party has only just begun

In Australia, the government has invested A$8.6 million (US$6.9 million) into a blockchain project by Perth company Power Ledger, in which energy is exchanged between households during periods of excess or shortage. And even in the midst of South Korea's clampdown on bitcoin , the science and ...

Armed gang steals bitcoin fortune in heist

A cryptocurrency broker who has carried out more than 100,000 online trades was robbed at gunpoint in his home and forced to transfer bitcoin funds. Danny Aston, 30, and his girlfriend, Amy Jay, 31, are believed to be victims of the UK's first bitcoin heist after they were attacked at their home in a quiet ...

Growing Number of South Korean Crypto Exchanges Participate in Self-Regulation

Former South Korean Minister of Information and Communication, Chin Dae-jae, became the first chairman of the association. Top Star News quoted him saying, “The public interest in cryptocurrencies represented by bitcoin has soared, and the excessive speculative funding has flowed into exchanges.

Opinion: HP and Lenovo can be surprising winners from the boom in mining bitcoin and other ...

The price of graphic cards and system memory is skyrocketing thanks to the continued rise in demand for the chips to handle cryptocurrency mining. That's bad news for the large market of do-it-yourself consumers and PC gamers — and an opportunity for vendors like HP HPQ, +2.53% Dell, Lenovo ...

Bitcoin Price Analysis - Crypto adoption continues

Bitcoin (BTC) has continued to slowly recover from its brutal 56% drop from the all time high in December. The cryptocurrencies market cap now stands at US$195 billion, with over US$3.5 billion traded over the past 24 hours. A key feature of BTC is the predictable deflationary monetary supply, which is ...

Bitcoin: Brace for (tax) impact

As bitcoin continues its rollercoaster ride, taxpayers need to brace themselves for heightened scrutiny of their declarations in relation to cryptocurrency gains. The South African Revenue Service (Sars) has confirmed that it will clarify its position on the tax treatment of cryptocurrencies early in 2018, but its ...

ISIS, other jihadists increase Bitcoin use after fall of Caliphate

Some of the ongoing ISIS and jihadist use of Bitcoin discussed in the report include fund-raising websites' efforts to stay afloat after the fall of Raqqa in October 2017; terrorist fund-raising in Gaza; a recently busted money-laundering operation in the US; and examples where Bitcoin was used to fund ...

Lightning and Mainnet: A Look at the Protocol's Hype, Trials, and Error

Over the past few weeks, there's been a lot of hyped up discussion about the Lightning Network (LN) from those who believe it will help scale the bitcoin core (BTC) protocol. The Lightning Network topic has now moved from BTC testnet experimentation to trialing LN over the currency's mainnet using ...

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Bitcoin vs. Economy 101

Functions – Not many people accept bitcoin as a medium of exchange. Recent headlines have stated that a few big-name businesses have stopped accepting it. More research would be needed to quantify the rate of change in world acceptability. That being said, its current ease of convertibility to fiat ...

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Using Lightning Network on the Bitcoin Mainnet Is Asking for Trouble

Bitcoin users have high expectations for the Lightning Network. It is a scaling solution unlike any we have seen to date. Faster transactions and near-zero fees are of great interest. However, current testing of this technology is not going according to plan. A couple users have reported the loss of coins ...

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This Week in Bitcoin: Japan Gets Goxxed and Iota Gets Into a Tangle

For the first time in forever, this week in bitcoin was strangely subdued. No major price movements, no regulatory crackdowns and no Tether collapse. Iota got into a bit of a pickle and then blamed everyone else, as Iota is apt to do, but that's all. Everything was uneventfully ticking over, right up until ...

BitPay's E-Commerce Plugins Now Support Bitcoin Cash Payments

In fact, it has been rather problematic over the past few years. Payment processors such as BitPay aim to contribute in this regard by releasing convenient plugins for WooCommerce, PrestaShop, and others. These plugins have now received an update which allows users to accept Bitcoin Cash as well.

Men Break into House, Steal Bitcoin at Gunpoint

But in a first for the UK, on Monday last week four men armed with guns broke into the home of a cryptocurrency trader and forced him to transfer Bitcoin to them at gunpoint, according to The Guardian. The incident took place in the sleepy village of Moulsford, Oxfordshire, at around 9:30 am. The village ...

How to buy and sell Bitcoin —if you feel you need to

The first words of advice MoneySense has for investors when it comes to Bitcoin and cryptocurrencies is simple: stay away. Smart investors tend to win by finding a few low-fee exchange-traded funds and leaving them alone as much as possible. Make investing boring and, if you want to explore around ...

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Bitcoin , NEM And Other Cryptocurrencies Seemed Unfazed By A $500 Million Theft. Chuck Jones ... One of the 12 reasons I believe that could cause Bitcoin's price to fall to $1,000 or less is the threat from hacking. There have ... A visual representation of the digital Cryptocurrency, Bitcoin . (Photo by Dan ...

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Armed robbers burst into a city trader's home and forced him at gunpoint to hand over a fortune in the virtual currency Bitcoin . Danny Aston, 30, and partner Amy Jay, aged, 31, are thought to be Britain's first victims of a cryptocurrency raid. Four balaclava-clad thugs tied up Amy and put her baby outside ...

Bitcoin Futures Report Shows Bullish Sentiment Is In the Air

Bitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin -based derivatives markets offered by Cboe and ...

Wealthy Bitcoin trader known as 'Goldiath' and his family in hiding after masked robbers held them ...

The robbers took the couple's child out in a pram as they tied the trader's wife up and threatened him at gunpoint to transfer his Bitcoin fortune to them. The value of the online currency has soared in recent months and is sitting at £8,000 per coin. The online trader lives in Moulsford, where a few episodes ...

Bitcoin's Early 2018 Woes Written in the Stars and Moon?

Bitcoin has prided itself on not being moved by the normal market manipulators, such as global strife and socioeconomic activities. However, there are times when it fluctuates for obscure reasons. According to some experts, the January downturn could be no surprise as he attributes it to the Lunar New ...

Erik Finman Isn't Concerned About a Bitcoin Bubble or Price Decline

Contrary to what most people expect, there is a growing demand for cryptocurrencies among investors. Even though the current market sentiment may not show it, there are plenty of ways to become a millionaire with cryptocurrencies. Erik Finman, a well-known Bitcoin millionaire, claims everyone can ...

Police appeal for witnesses after trader 'forced at gunpoint to transfer Bitcoin'

Image: A number of stores in the UK accept Bitcoin . Pic: CoinMap.org. "No one was seriously injured," the police spokesperson said. "The National Police Air Service helicopter was deployed to this incident." "Officers are particularly interested in speaking to anyone travelling through the village on the ...

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The victims of the UK's first Bitcoin heist are hiding at a secret address after fleeing their £800,000 pretty barn house after masked men robbed them at gunpoint. A gang of four raiders stormed the barn, which sits on a private and small residential drive, on Monday and forced crypto-currency trader ...

Blockchain boom could quickly turn to bust

Last week, a little-known prospective telecoms investor became the latest company to cash in on the craze for all things blockchain, the technology behind Bitcoin . Stapleton Capital, which only listed last year and is yet to make a single investment, changed its name to Blockchain Worldwide. Shares ...

Bitcoin miners search for cheap energy sources as computing competition ramps up

The more computing power miners throw at the system, the better their chances of being rewarded with Bitcoin , said Clark. Thanks to the abundance of cheap natural gas and lower-than-expected demand growth, Alberta power prices are some of the cheapest around. Clark said he's getting electricity at ...

Who's Really Getting Rich in Bitcoin and Cryptocurrencies

Tech blog Recode recently reported that the online cryptocurrency exchange Coinbase generated more than $1 billion of revenue in 2017, driven by a fourth-quarter surge in bitcoin's price that brought an onslaught of new users, elevated trading volume, and transaction fees. If $1 billion in revenue ...

Why Venezuela's New National Cryptocurrency El Petro Will Fail

Offered during the height of bitcoin's rise last year, its mere mention has caused worry in Washington. Though the country has opted not to adopt bitcoin in particular, it has piggybacked off its press, and notoriously lazy US lawmakers are not exactly keen on tech literacy. All they know are headlines ...

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Are Bitcoin and Crypto Prices Totally Dependent On China?

Last year, it banned initial coin offerings. This year, the government there has directed state officials to conduct an “orderly removal” of bitcoin miners from their territories. So, is the price of cryptocurrencies totally dependent on China? That may seem like an odd question, given the facts stated earlier.

'Energy hunters': Bitcoin miners search for cheap, innovative energy sources

CALGARY — For most Canadians, Drumheller conjures up images of dinosaur bones and ancient fossils, but entrepreneur Sean Clark's expedition in the northern Alberta town is focused on a very current obsession: Bitcoin . The CEO of Hut 8 Mining Corp. recently set up his company in the ...

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Britain's first Bitcoin heist as trader forced at gunpoint to transfer cyber currency

Armed robbers broke into the family home of a Bitcoin trader and forced him to transfer his cryptocurrency to them in what is believed to be the first attack of its kind in the UK. Four robbers in balaclavas forced entry into the house, before tying up the man's wife and threatening him at gunpoint to hand ...

Masked Gunmen Steal 'Fortune' in Bitcoin in Daylight UK Robbery

The meteoric rise of Bitcoin over the course of 2017 featured a number of positive effects. A lot of people made a good deal of money, and media and public interest in cryptocurrency reached new heights. However, a downside to such attention is that criminals now see physically stealing Bitcoin or ...

Bitcoin rally generates fear of missing out, but smart play may be in staying away

Bitcoin and other cryptocurrencies are making regular headlines these days with their big price moves, mostly to the upside. But does that mean you should jump on the bandwagon? Probably not. Most Americans probably don't understand what digital assets are all about and might be tempted to buy in ...

Cryptocurrency trader forced at gunpoint to make Bitcoin transfer

Armed men broke into the family home of a cryptocurrency trader and are believed to have forced him at gunpoint to transfer holdings of the virtual currency Bitcoin . Thames Valley police said they are seeking witnesses who may have seen the four raiders who broke into the house in the picturesque ...

Cryptocurrency Rating Agency Says Ethereum Is Better Than Bitcoin And Ripple -- Should You ...

After gaining some recognition on Wall Street, cryptocurrencies have attracted the interest of asset rating agencies. Last week, Florida-based Weiss Ratings released a report that assigned grades to dozens of cryptocurrencies based on a number of metrics, like risk, technological innovation, and other ...

The most and least expensive countries in the world to mine bitcoin

According to Elite Fixtures, the next cheapest country to mine a single bitcoin is Trinidad and Tobago, where it costs $1,190. Today, this would work out to a nearly $10,000 profit per coin over electricity expenses. Unlike other Caribbean countries, Trinidad and Tobago has significant oil and gas reserves ...

MARK-TO-MARKET: Bitcoin: Market plunge re-ignites debate on legitimacy

According to price data on the popular cryptocurrency exchange Coinbase, in a three-day span, the price of a single Bitcoin fell $4,246, or 30 percent. Etherium and Litecoin, two other popular cryptocurrencies, lost 37 percent and 35 percent of their value, respectively. Even after the initial three-day ...

Bitcoin bombshell: Cryptocurrency could hit $50000 THIS YEAR in new prediction

As the market for bitcoin becomes more mainstream, and traders begin to better understand cryptocurrencies, some of this volatility is likely to calm down. Mr Singh predicts: " Bitcoin could definitely see $50,000 in 2018." However, he added: "We will probably go through a suffering period of volatility" ...

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Bitcoins and Cash Vaults: Indian HNIs get pitches for new havens

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Japan's Largest Consumer Electronics Chain Trials Bitcoin Payments

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On Friday, the company detected an “unauthorised access” of the exchange and later suspended trading for all cryptocurrencies apart from bitcoin . Coincheck said its NEM coins were stored in a hot wallet instead of the more secure cold wallet, which is kept offline, because of technical difficulties and a ...

Nigeria's Central Bank Governor: Bitcoin Investing is a 'Gamble'

Nigeria's central bank governor has become the latest to speak out against bitcoin , claiming that investing in it is a 'gamble' and that it may need to be regulated.

Bitcoin Cash Price Weekly Analysis – Can BCH/USD Recover?

Bitcoin cash price has formed a support base around the $1480 level against the US Dollar. There was a break above a crucial bearish trend line with resistance at $1630 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair is still struggling to gain upside momentum above the $1700 and ...

Coincheck: World's largest cryptocurrency theft worth £380m reported in Japan

... from one of Japan's largest digital exchanges. Coincheck, based in Tokyo, said around 523 million of the exchange's NEM coins were sent to another account at around 3am local time on Friday morning. The exchange has suspended deposits and withdrawals for all cryptocurrencies except Bitcoin .

The Bitcoin brain drain

Bitcoin , and cryptocurrencies in general, surged into the public awareness in 2017. Their appreciation in price, from single digits to $18,000 per coin, minted billionaires seemingly overnight. While traditional investment advisors stood by mutely, or made analogies to Tulip mania and the speculative ...

CFTC Indicates Hedge Funds Expect Bullish Bitcoin Price Momentum

Bitcoin futures have not made an immediate impact on the market as of yet. That situation may come to change a lot sooner than people realize. Multiple hedge funds are currently looking at these futures contracts in a positive light. More specifically, new figures indicate we will see some bullish ...

Risk On Trade Correlation Between Bitcoin And Wall Street's Fear Index Raises Alarm Bells

Deutsche Bank's Global Financial Strategist, Masao Muraki, published a report showing how Bitcoin's price is inversely related to the Chicago Board of Exchange's VIX index (nicknamed the Fear Index). The VIX uses options to calculate near term volatility for the S&P 500 and is a good gauge of investor ...

Students to pay in Bitcoin as cryptocurrency revolution continues

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Commercial Building in Japan to be sold with Bitcoin

One of the most interesting bitcoin transactions until now might be taking place in the near future. A commercial building in Tokyo, Japan, that is valued at $6 million will be sold with bitcoins . This means that the commercial building will cost 547 bitcoins .

Bitcoin price weekly analysis: Lightning network goes live

A lot of excitement has continued to build in the bitcoin community this week as the Lightning Network continues adoption across Mainnet. As was reported during the week, The lightning Network could be making inroads to solving bitcoin's major issues of scaling and maintaining lower transaction fees.

Lawyers Are Taking Payment in Bitcoin Despite Conflict of Interest Concerns

An increasing number of lawyers are taking payment in bitcoin and other cryptocurrencies. With many ICO startups destitute until their crowdsale, ether or tokens are often all they can offer. Rather than turn away business, some lawyers have admitted to taking payment in crypto. While increased ...

There could be a silver lining even if the bitcoin bubble does finally burst

One would need to have the attention span of a newt to be surprised by what has happened – and is still happening – with bitcoin , the so-called cryptocurrency. Non-newts are immediately reminded of the tulip mania that swept the Netherlands in the 1630s. At the peak of that bubble, in February 1637, ...

Blockchain: so much bigger than bitcoin…

A blockchain allows the authentication of transactions without them needing to be administered or guaranteed by a central authority. Ballot boxes and current online voting platforms are vulnerable to manipulation; now a startup called Follow My Vote is developing a blockchain-based system to ensure ...

Bitcoin: Masked thugs stick up investor at GUN POINT in FIRST UK cryptocurrency robbery

The masked robbers burst into the home in Moulsford, Oxfordshire, tied up the man's wife, put the couple's baby outside in a pram and forced the man to give them his bitcoin . It is reported that schoolchildren were locked inside as a police helicopter looked for suspects and quizzed local residents.

Bitcoin could hit $50000 this year & such volatility is normal, expert tells RT

With a market capitalization of just above $500 billion, cryptocurrency volatility is nothing unusual, portfolio manager Jeet Singh told RT at the Davos Economic Forum in Switzerland. Singh has been operating in the cryptocurrency space for the past 6 years and claims it is common for virtual currencies ...

Bitcoin Price Weekly Analysis – Can BTC/USD Break $12000?

Bitcoin price is slowly moving higher and is currently trading above $11,000 against the US Dollar. There was a break above a monster bearish trend line with resistance at $11,000 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The price is likely forming a solid support base above ...

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Bitcoin Cash Supporters Prepare for the Network's Next Six Months

Six months have passed since the birth of the cryptocurrency bitcoin cash, and so far the protocol and economy continues to thrive despite the coin's adversaries. Since the August 1st hard fork that produced the network, there's been over 36,000 blocks mined, and the BCH chain is 8406 blocks ahead of ...

Indians Expect Clarity on Bitcoin Taxes within Days

Local media have turned the spotlight on Budget 2018, but lots of titles end with question marks. The new financial frame is to be presented next week by the Finance Minister. Recent developments suggest that the status of bitcoin in India is likely to be determined, at least in terms of how much cream ...

Bitcoin, Innovation of Money and Reinventing Activism

Bitcoin's price explosion made news headlines this last year. Topics of digital assets entered onto dinner tables and friendly chats at work places. Fever of the digital gold rush that has swept mainstream finance became contagious. Institutional funds are now entering into cryptos, seemingly hedging ...

Bitcoin SUCCESS sees Australia pledge creation of price stable gold-backed cryptocurrency

A number of cryptocurrencies have risen in popularity over the past 12 months with bitcoin , Ripple, and Ethereum all seeing surges. Richard Hayes, Chief Executive of Perth Mint said: “I think as the world moves through times of increasing uncertainty, you're seeing people look for alternate offerings.

Gun-toting robbers force wealthy currency trader to transfer Bitcoin fortune in terrifying raid at TV ...

No arrests have been made and anyone with any information relating to the incident should call Thames Valley Police on 101 or Crimestoppers anonymously on 0800 555 111. Bitcoin is a virtual currency that was created in 2009 by an unknown computer whizz using the alias Satoshi Nakamoto - it is ...

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6 days ago The GDAX exchange, a subsidiary of San Francisco-headquartered Coinbase, will start offering BCH/EUR trading again in just a couple of days. 00 Euro (EUR) to Bitcoin (BTC) from Saturday, 27/01/2018 till Saturday, 20/01/2018. Loader 20. euro to Bitcoin today's rate. Compare money ...

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Thailand Taking Steps to Regulate ICOs

Earlier this month Thailand's regulators allowed bitcoin futures trading. Under the new ICO regulations companies will be allowed to raise from retail investors up to 20 million baht (≈$640,000) per ICO project. The total fundraising amount is capped at 40 million baht (≈$1.3 million). The Securities and ...

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Now accepting bitcoin: Oakland home seller offering house for cryptocurrency

OAKLAND — An Oakland home owner is offering to sell his property for bitcoins or other cryptocurrencies, a growing trend in the real estate industry but a relative rarity in the Bay Area. There are nearly 400 homes listed for sale on Bitcoin -RealEstate.com, a brokerage website specializing in the nascent ...

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, NEM, Cardano: Price Analysis, Jan. 27

The Chinese government has only increased the risk for their traders because now they are forced to buy Bitcoin at a premium of about $1,200 compared to other exchanges. The leaders and central banks, instead of blindly opposing cryptocurrencies should chalk out a strategy to embrace them after ...

Gun ordeal of family in UK's first Bitcoin heist: Armed intruders force man to transfer cyber currency ...

Armed robbers broke into a house in a wealthy Home Counties village and forced a cyber-currency trader to transfer a fortune in Bitcoin to them on his computer. The heist – believed to be the first of its kind in Britain – comes as the virtual currency has soared in value to just under £8,000 for a single coin ...

Rocketr Helps Charities Accept Bitcoin Cash Donations Without Fees

Rocketr is a popular service when it comes to dealing with Bitcoin Cash. They are one of the few gateways supporting this altcoin as of right now. It is a convenient solution for merchants, entrepreneurs, and even charities. Speaking of which, there is no fee for charities to accept BCH donations. It may ...

Killing the King — How to End the Reign of Bitcoin

You used to be cool! Back in 2016, your average transaction cost was 6 cents! Your confirmation time was only like 20 minutes! What happened, Bitcoin ? As the primary trading pair of the entire…

Discover Joins Visa and Mastercard in Barring Bitcoin Support

Why that is, remains a big mystery to most people. Discover CEO David Nelms feels cryptocurrency allows criminals to get money out of China. Additionally, if someone steals card numbers, they will ask for a Bitcoin payment. Those are the only sue cases he sees for Bitcoin and other cryptocurrencies as ...

The key to bitcoin's next breakout may lie in Google search

The first analyst to follow bitcoin sees a very accessible way to track its next big move. DataTrek Research's co-Founder, Nick Colas, said recently that the key is looking into Google search and wallet growth. "By looking at the number of people who search for the word ' bitcoin ' on Google, which has ...

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Bitcoin Trading By Weekday

In this analysis we will look at a Bitcoin dataset in which each observation corresponds to a day from April 28, 2013 to January 9, 2018. The days will be blocked into weeks in order to tally which weekdays offer the maximum and minimum values for the opening and closing prices each week, as well as ...

Will We See a Future Bitcoin Fork Focus on Proof of Stake?

No one will deny that the conflicting opinions on how Bitcoin should evolve are quite amusing to follow. The course of action maintained by the Bitcoin Core developers raises a lot of questions and very few solutions to ongoing problems. We have seen hard forks pop up out of nowhere, although Bitcoin  ...

Trading Tip `The Wall´ – Wall Street Price Manipulation? Go Long

In order to trade rather than hodl, you must fundamentally believe you're smarter, more disciplined or better informed than the other half of the market. Time will tell. But as long as you're trading, we've established that you're at least more arrogant than the other half of the market. Bitcoin is arrogant.

Role Playing Game Imperatum Adds Dynamic 'Bitcoin Mode' Difficulty

The new Crypto Update comes with several new features for Imperatum players but ' Bitcoin Mode' will make things more or less challenging — depending on the value of bitcoin . “' Bitcoin Mode' changes the fundamental elements of Imperatum based off of the changes in value to Bitcoin ,” explains the ...

“Bitcoin accepted”: the cure-all for an impossible listing?

Wondering how to attract international buyers or get eyes on an off-beat listing? Agent Michael A. Kelczewski is betting on Bitcoin to draw them in. Kelczewski, an agent with Brandywine Fine Properties Sotheby's International Realty, is handling a $1.75 million listing of more than 4-acre estate in Newark, ...

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50 Cent 'forgot' about his bitcoin collection that's now worth millions

... he had more cash stashed away than he thought. He 'forgot' about a bitcoin collection that's now worth millions, reports say. ... At the time, each bitcoin was worth $662, leaving 50 Cent with 700 bitcoins valued at approximately $463,000 in sales. He left the money in his account for years, and the ...

'The Biggest Theft in History': What We Know So Far About the $530 Million Coincheck Hack

The Mt. Gox thief made off with approximately 850,000 bitcoins , worth roughly $450 million at the time. Granted, the Mt. Gox hack was larger as a percentage of the total cryptocurrency market cap at the time of the theft, but in pure fiscal terms Coincheck now holds the infamous distinction of having been ...

Bitcoin Prices Rise To Trade Past $11000

Bitcoin prices rise over 5% to trade past $11,000 on Saturday. For past few days, the prices of world's most popular cryptocurrency have been under intense pressure. The prices were trading around $10,000 to $11,000 for past few days on the BitStamp. The past day's highest and lowest figures are ...

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A security expert has warned investors to keep digital tokens safe, claiming it is “only the beginning” for bitcoin . Tyler Moffitt, senior threat research analyst at Webroot, stressed the importance of keeping your bitcoin safe in the wake of numerous cyber attacks on wallet providers and crypto exchanges.

Meet Bobby Lee, the man behind one of the largest Bitcoin exchanges in the world

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Starbucks Chairman Says Cryptocurrency Will Be Big — Just Not Bitcoin

Starbucks Corp. Chairman Howard Schultz said he believes digital currency will catch on with consumers, though not necessarily Bitcoin . Schultz said that Starbucks, an early adopter of smartphone payments, is positioned to take advantage in coming years as cryptocurrency — and its underlying ...

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