Bitcoin Cryptocurrency News Market

Japan Not Considering Approval of Bitcoin ETF, FSA Denies Reports

According to a spokesperson from the Financial Services Agency (FSA), Japan is not considering the approval of a Bitcoin exchange-traded fund (ETF). Speaking to Bitcoin.com, an FSA representative said: There is no such fact that we are considering approving ETFs which track crypto-assets at present. We are not currently considering approving them. Japan Doesn’t See Read more…

Bitcoin Price Drops Further As Circle CEO Says ‘Core’ Crypto Assets ‘Undervalued’
Bitcoin Cryptocurrency News Market

Bitcoin Price Drops Further As Circle CEO Says ‘Core’ Crypto Assets ‘Undervalued’

Circle CEO Jeremy Allaire has said he believes “core” cryptocurrency assets are undervalued as the Bitcoin price tumbles closer to $3500. Allaire: ‘Markets Are Oversold’ In a Reddit ‘Ask Me Anything’ session January 10, Allaire, whose company famously decoupled itself from Bitcoin in 2016, also forecast less correlated trading in altcoin markets. “My general perception Read more…

masses still unsure of what bitcoin is
Bitcoin Cryptocurrency News Market

‘It’s Quite Cryptic’: Normal People Explaining Bitcoin Shows It’s Still Very Early

This video by Naomi Brockwell of ‘normies’ explaining Bitcoin reminds us there’s still a long way to go taking cryptocurrencies to the masses. Let’s be honest. Between wild price swings, sensational hash wars, Ethereum forks, 51% attacks, and bearish regulators, it’s easy to get caught up in the crypto space. And it’s equally easy to Read more…

Bitcoin best for privacy after cash
Bitcoin Cryptocurrency News Market

Once Cash is Gone, Bitcoin is Society’s Best Hope For Privacy, BitMex CEO Warns

BitMEX CEO Arthur Hayes delivered a stark warning to the British public January 3 in a mainstream newspaper article proclaiming Bitcoin as the new cash. End Of Cash ‘Sooner Than You Think’ The article, which came in an edition of the Times along with a front-page advertisement to honor Bitcoin’s tenth birthday, forecast the death Read more…

Blockchain Cryptocurrency News Market

New Survey Finds 40% of Chinese Want To Invest In Bitcoin

A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to invest in bitcoin, despite the current bear market. Subject Knowledge The survey found that 98 percent of the respondents had heard of at least one concept related to cryptocurrency Read more…

Cryptocurrency News Ethereum Market

Vitalik Buterin Bashes Bitcoin SV and Calls it a ‘Dumpster Fire’

Vitalik Buterin, co-founder of Ethereum, made his disapproval of Bitcoin Cash ‘Satoshi’s Version’ (BSV) known, calling the new hard fork of Bitcoin Cash (BCH) a “pure dumpster fire.” Buterin’s comments were made in an online Twitter debate with cryptocurrency commentator and businessman Tuur Demeester on Christmas Day.

Cryptocurrency News Market

Switzerland Merchants Charged 8% by PayPal Showing Merits of Crypto

PayPal, a leading payments processor valued at over $97 billion, charges merchants high percentage-based fees on top of a flat based fee of 2.9 percent. The high transaction fee of PayPal has led merchants to explore alternatives like crypto to minimize expenses. For most normal users on PayPal, a transaction from one user to another

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UK Gov’t Unveils Cryptocurrency Tax Guidelines For Individuals
Cryptocurrency News Market

UK Gov’t Unveils Cryptocurrency Tax Guidelines For Individuals

Her Majesty’s Revenue and Customs (HMRC) yesterday released a policy paper, detailing cryptocurrency tax guidelines for individuals. The good news is that no new punitive tax measures apply to crypto, which essentially falls under existing taxation schemes. Which Tax Applies? After defining what a crypto-asset is, the paper notes that the nature of the industry requires Read more…

Bitcoin Cryptocurrency News Ethereum ICO

2018 in 4 Words – ICOs and Ethereum Died

Unless you’re Spencer Bogart, most people would agree that 2018 has been a dismal year for crypto–even if they don’t say it on their Twitter feeds. If you want to sum up the year in four words, you could try using these: ICOs and Ethereum are dead. Forums, Telegram groups, Slack chats, there’s no shortage of

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