While the future of the Chinese Bitcoin and cryptocurrency markets remain uncertain, the Chinese government will no longer be able to manipulate the market and negatively impact the Bitcoin price. Earlier today, on October 16, LIU Post in New York professor and chair of the department of economics Panos Mourdoukoutas suggested the possibility of the…
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General
Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble
by BITCOIN • • 555 Shares· HOT
Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting…
Bitcoin (BTC), Currencies
Bitcoin Price Technical Analysis for 10/16/2017 – Waiting for a Pullback
by NEWSBTC • • 1958 Shares· HOT
Bitcoin price could be due for a pullback after its strong breakout move, with tech indicators confirming that the rally could resume. The post Bitcoin Price Technical Analysis for 10/16/2017 – Waiting for a Pullback appeared first on NEWSBTC.
Bitcoin (BTC), Currencies
Government-backed Chinese Conference Asserts Bitcoin’s Adoption as Actual Currency Would Be Disasterous
by COINTELEGRAPH • • 182 Shares· HOT
Is China going to issue its own digital currency? Recent government-sponsored conference leads to questions, few answers.
General
Self-Replenishing Blockchain is Finding Implementation Everywhere
by COINTELEGRAPH • • 175 Shares· HOT
The current explosion of Blockchain is making systems more efficient, cutting out middlemen and saving vast amounts of money.
Bitcoin (BTC), Currencies
Bitcoin Booms in Evolving Markets
by COINTELEGRAPH • • 300 Shares· HOT
Bitcoin Booms in Evolving Markets as First World Countries Start Regulating Cryptocurrency.
Bitcoin (BTC), Currencies
South Korea Prepares to Tax Bitcoin Use
by BITCOIN • • 127 Shares· HOT
South Korea is preparing to tax bitcoin use after the cryptocurrency’s trading volume skyrocketed past that of Kosdaq. Han Seung-hee, the commissioner of the country’s National Tax Service, told lawmakers this weekend that the issue of how to best tax cryptocurrencies is being discussed, including the areas of capital gains tax, the VAT, and gift tax.…
General
BREAKING: Russia Issuing ‘CryptoRuble’
by COINTELEGRAPH • • 1384 Shares· HOT
Bitcoin (BTC), Currencies
Bitcoin Market Capitalization Approaches $100 Billion USD
by BITCOIN • • 252 Shares· HOT
The total market capitalization of bitcoin is approaching $100 billion USD, currently sitting at approximately $94 billion USD. The current market capitalization is comparable to that of numerous top 100 global companies. Also Read: Markets Update: Bitcoin’s Price Peaks Past $5800 Across Global Exchanges Bitcoin’s Market Capitalization Has Begun to Test the $100 Billion USD Area…
Currencies, Ethereum (ETH)
Ethereum Hard Fork Happening Now – User Advice
by COINTELEGRAPH • • 391 Shares· HOT
The Ethereum hard fork Byzantium is about to take place on Oct. 16, and users are advised to upgrade their clients – upgrade links included!
Bitcoin (BTC), Currencies
Julian Assange Thanks U.S. Government for 50,000% Gains on Wikileaks’ Bitcoin Holdings
by BITCOIN • • 249 Shares· HOT
The founder of Wikileaks, Julian Assange, has posted a tweet thanking United States government officials and the financial institutions that refused services to Wikileaks for driving them to invest in bitcoin during 2010. Assange’s tweet indicates that Wikileaks’ bitcoin holdings have seen gains of over 50,000%. Also Read: Your Bitcoins Open to CIA and Criminals, Heed…
General
Can QUOINE Provide the Missing Link in the Crypto Economy?
by COINTELEGRAPH • • 142 Shares· HOT
Bitcoin (BTC), Currencies
One Woman Surviving Solely on Bitcoin Attempts a Trek from Toronto to Las Vegas
by BITCOIN • • 128 Shares· HOT
Satoshi Nakamoto is reported to have insisted acceptance of his invention hinged upon its use as a currency, a functioning instrument of daily trade. To this end, more advocates are taking to public competitions to spread the message of cryptocurrency power. Also read: Minimalist Family Sells Everything for Bitcoin Hoping It Pays Off Bitcoin 20/20 With…
Bitcoin (BTC), Currencies
PNC Bank Threatens to Close Customer’s Account for Buying Bitcoin
by BITCOIN • • 225 Shares· HOT
The PNC bank recently threatened one of their customers for purchasing bitcoin. The bank wanted to shut down the customer’s account. This has been a story floating around the internet the last few days. The victim was Elitoohey. He elaborated on the situation in a Reddit post, saying the bank started by asking him questions about recent…
Bitcoin (BTC), Currencies
Sellers of a Notting Hill Mansion in West London Only Accept Bitcoin as Payment
by COINTELEGRAPH • • 354 Shares· HOT
Property investment firm London Wall is selling its six-storey stucco-fronted mansion near Portobello Road in Notting Hill, London, England for £17 million, unsure how to pay taxes