Property Taxes in Bitcoin? As much as some like to sugarcoat it, Bitcoin and other cryptocurrencies have seen minimal adoption. Use cases are limited, brick and mortar that accept digital assets are few and far between, and the public’s interest in this ecosystem is lackluster at best. Enter the small town of Richmond Hill, a Read more…
Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today Facebook answered questions from concerned US lawmakers on the Senate Banking Committee. As previously covered by Bitconist, lawmakers are worried that Facebook’s Libra cryptocurrency could Read more…
With the rise in crypto adoption, heavyweights of the crypto ecosystem are moving forward with the aim to improve the existing security standards and speed, in order to gain an edge over others. One of the major influencers in the crypto ecosystem, Vitalik Buterin shared his view to infuse a scalable data layer for detecting […]
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Bears showed up en masse to administer a proper beatdown to Bitcoin price today. Where do we go from here? Big Players Orchestrate a ShakeOut On Sunday bears launched a coordinated assault on Bitcoin price which resulted in the price dropping below $10,000 for the first time since July 2. By the weekly close, the Read more…
Bitcoin is in a roll so far establishing its place as king of crypto. Traditionally many alternative digital currencies have kept pace with Bitcoin, rising and falling in value with it. Nevertheless, this year, as Bitcoin advances forwards, it seems to be cannibalizing the altcoins, killing the dreams of an altcoin season. Crypto analysts, however, Read more…
In 2018, during the World Economic Forum (WEF), it was revealed that the gap between the rich and the poor is widening at record speed. According to a report published by Oxfam, a charity organization, that perfectly coincided with WEF’s gathering, it was revealed that “42 people hold as much wealth as the 3.7 billion Read more…
The co-founder of Tron, Justin Sun, has invited the president of the United States, Donald Trump, for lunch where he would interact with notable figures in the cryptocurrency space and perhaps try to convince Warren Buffet otherwise. Sun’s invitation stems from Trumps Twitter post. On the social media platform, the US president said: “I am Read more…
Tech entrepreneur and Dallas Mavericks owner Mark Cuban joined the growing list of skeptics warning about the apocalyptic dangers of Facebook’s cryptocurrency project, Libra. In an interview with CNBC, Cuban made his position on the Libra clear: “I’m not a big fan of what they’re doing there. I think it’s a big mistake […] but Read more…
Bitcoin to See 100% Gain in Q3: What? Since our previous report on the market, Bitcoin (BTC) has been able to see some short-term reprieve. As of the time of writing, the leading cryptocurrency is pretty much flat over the past 24 hours, posting no notable gains or losses to speak of. Altcoins are actually Read more…
Bitcoin and the aggregated crypto markets have been facing tremendous selling pressure over the past couple of days which was sparked by BTC’s rapid surge into the $13,000 region. Although this drop is certainly negative from a technical perspective, it is important to note that the cryptocurrency is still incredibly fundamentally robust. One such example Read more…