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Swedish Government Auctions Cryptocurrency Again

12.10.2019
The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11. Also read: Sean Walsh: Cryptocurrencies Can Harness...

5,200 Tobacco Shops in France Now Sell Bitcoin

11.10.2019
Bitcoin can now be purchased at 5,200 tobacco shops in France. Fintech startup Keplerk launched the service on Oct. 10 after halting it for many months. France’s 24,000 licensed tobacco shops have diversified into non-tobacco products to boost revenue. Also read: IRS Issues New Crypto...

Bitcoin Stagnates at $8544 After a Mere Decline of 0.84%

11.10.2019
Bitcoin loses 0.84% over the last 24 hours The next resistance may come at 8,650 USD Bitcoin has been through huge volatility in the price movements over the last 24 hours but there is only 0.84% decline in the value in this period. The price movements have been in the range between 8,654 USD...

Is the Next Altcoin Season on the Horizon?

10.10.2019
The digital currency market appears not to be exhibiting any particular trend at the moment as major cryptos have initially recuperated from the September selloff. Moreover, some of the altcoins have bounced back to the pre-selloff levels; still, they mostly stayed in the upper side of the current...

Virginia Beach-based Bcause Mining Operation is Ordered to Get Liquidated

10.10.2019
BCause Mining LLC, involved in Bitcoin mining operations and situated in the city of Virginia Beach in the United States, has been subjected to liquidation. The news has been confirmed by an Attorney of BCause who clarified that the firm’s operations have come to a halt. The local news outlet...

SEC Rejects Another High-Profile Bitcoin ETF Proposal

10.10.2019
Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of...

Bitcoin Price Gets a Hike; Soars to $8500

10.10.2019
Bitcoin gains 4.45% after a day of struggle The next resistance may come at 8759 USD Bitcoin (BTC) seems to have resumed its recovery after a day of sluggish movement. Over the last 24 hours, it rose by 4.45%, and the value against USD has now gone as high as 8,500. All three major price...

IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In

10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...

Chinese Bitcoin Miners Migrate North After Wet Season

10.10.2019
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...

Sean Walsh: Cryptocurrencies Can Harness More Human Energy

9.10.2019
Bitcoin scores high in terms of ‘moneyness’ compared to other forms of money as it has some technical advantages and social inertia. In an interview with Bitcoin.com’s Humans of Bitcoin podcast, brilliant contrarian thinker Sean Walsh shared his opinion about cryptocurrencies...

United Nations Agency Unicef Launches Cryptocurrency Fund

9.10.2019
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....

UNICEF Announces Cryptocurrency Fund to Support Children and Young People

9.10.2019
In a recent announcement, UNICEF stated that it would have the option to receive, hold, and distribute the contribution of cryptocurrencies in Ether and Bitcoin through its recently established UNICEF Cryptocurrency Fund. In a first for United Nations associations, UNICEF will utilize...

Major German Coop Bank Passes Negative Interest Rates to Customers

9.10.2019
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about...

Bitcoin Stalls Recovery; Stagnates Around $8200

9.10.2019
Bitcoin is down by 0.68% over the past 24 hours. The next resistance is likely to come at 8,355 USD. Bitcoin seems to have stalled its recovery process, and over the last 24 hours, it has lost 0.68% to fall below 8,200 USD. The four major price swings have given the overall price trend...

Bitcoin Cash Settles More Value Than ETH in Dollars Moved

9.10.2019
Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good...

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