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Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up
18.2.2020
Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in...
Price Analysis Feb 17: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
17.2.2020
The current pullback has not altered the bullish structure of the charts meaning traders will look to buy major dips
BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation
17.2.2020
Over the last few days, Bitcoin Cash proponents have been debating the Infrastructure Funding Plan (IFP) after Bitcoin ABC published an announcement on implementing the plan into the upcoming software release. Again the concept was met with mixed responses and the community has been arguing about...
Cash Users in China Risk to Get Coronavirus, Banks Disinfect Banknotes
17.2.2020
Chinese officials are waging an unexpected war on cash in the wake of the coronavirus outbreak – amid fears that contaminated banknotes could spread the deadly virus.
The country’s central People's Bank of China (PBoC) has launched a campaign that, per the South China Morning Post, will see it...
Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies
17.2.2020
Higher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for...
Chinese Quarantines Cash To Stop Coronavirus, Not an Issue With Bitcoin
16.2.2020
Quarantine measurement are being taken for used banknotes in China to fight the coronavirus, some says crypto is the answer
China Is Scrubbing Cash Notes to Stop Virus Spreading so Its Government Paper Money Wont Kill You
16.2.2020
Research has shown that government paper money is a hotbed for bacteria and that, at least in the U.S., most bank notes in circulation are tainted by cocaine. Now you can also worry about a new threat possibly sticking to your fingers when you handle a bill – a deadly virus coming out...
Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
16.2.2020
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also...
5% of Block Rewards – Bitcoin ABC Will Add Infrastructure Funding Plan in Next Release
15.2.2020
Bitcoin ABC developers published a blog post on Saturday which discusses the miner Infrastructure Funding Plan (IFP) and the team told the community the software engineers have been “requested” to implement IFP. According to the developers, the code for IFP will be implemented in...
Craig Wright’s $100B Theft Claim – BTC and BCH Used His Database Without Permission
15.2.2020
The infamous Craig Wright, the Australian native who claims to be Satoshi Nakamoto, has published a blog post that explains he owns “the full rights to the Bitcoin registry” and developers do not have the right to change the protocol’s underlying database. Wright’s recent...
BCH Latam: Creating a Viral Feedback Loop for Mass Adoption With Bitcoin Cash
14.2.2020
This week news.Bitcoin.com spoke with George Donnelly from the BCH Latam initiative about his plan to help the people of Latin America “achieve greater individual liberty and prosperity.” Donnelly explained the BCH Latam initiative aims to generate greater financial inclusion through...
Price Analysis Feb 14: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
14.2.2020
Traders waiting to buy the dip could be stuck waiting as strong momentum in the crypto market could carry prices higher
Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies
14.2.2020
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital...
IRS Says No Taxes on Gaming Cash, Crypto Regulation Remains Hazy
13.2.2020
U.S. taxpayers have been freed from tax obligations on gaming transactions carried out with virtual cash, according to recent language modifications to the Internal Revenue Service (IRS) webpage. However, confusion still remains in the IRS tax regulations for real cryptocurrencies.
The website...
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
12.2.2020
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable...
Price Analysis Feb 12: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
12.2.2020
Many cryptocurrencies are overbought in the short-term, hence, traders should consider buying the dip if a pullback occurs in the next few days
Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices
12.2.2020
On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than...
Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month
12.2.2020
2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital...
How to Buy Bitcoin – 5 Quick and Simple Ways to Get Started
11.2.2020
If you’re one of the many people looking to get into bitcoin for the first time, it doesn’t have to be hard. There are more than a few easy routes to acquiring cryptocurrency and this article aims to outline five of them. By way of these simple avenues for purchasing bitcoin you can...