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Three well known analysts and personalities talked about the crypto market this week as they were offering their vision about three aspects of the blockchain and digital currencies world. Mohamed El-Erian, Brian Kelly and SEC’s chief Jay Clayton talked about blockchain dominance, cryptos recent rollercoaster and investments, and Bitcoin regulation and ETFs. Cryptos will gain […]
It does not matter what Nigel Farage, one of the fathers of the Brexit movement, said this week that the United Kingdom and the European Union divorce agreement was the worst deal in history, the European Commission approved it this weekend, and the UK Parliament will back it before Christmas. However, what’s going on in […]
As Bitcoin prices are heading south, more miners are giving up and leaving the industry as a Blockchain.info report on the bitcoin network showed recently. According to the report, estimates of between 600,000 and 800,000 bitcoin miners have shut down since mid-November. F2pool founder Mao Shixing affirmed that the estimate takes into account the total […]
Ohio will become the first state of the United States to accept Bitcoin payments for tax bills, according to a report published by The Wall Street Journal. Ohio will beat other states in the union such as Georgio, Arizona, Illinois, and Wyoming who tried to implement it. State Treasurer Josh Mandel will implement OhioCrypto.com website […]
Bitcoin price closed the week over 30% negative around 3,786.00, its worst week since April 2013 and the first close below the 4,000 mark since September 2017. A cocktail of rumours, negative sentiment and legal problems have pushed the crypto king to 14-month lows. Here is a news roundup of what happened in the crypto […]
Will blockchain replace banks? Well, actually, the European Commission has just joined five European banks in a new Blockchain App association that aims to lead the blockchain sphere, including banks. So, the question is not why blockchain is the future, but when. The new association will start next year, and BBVA and Santander are two […]
Many people have been asking themselves why are bitcoin miners rewarded if they make big profits, have a not scheduled job and also get tax cuts? Well, something will change as Norway has announced the end of power tax subsidy for Bitcoin miners since January 1st. Norway says enough to Bitcoin miners The government of […]
The Netherlands-based Auditor firm KPMG published a report this week urging institutional investors to join the cryptocurrency industry as crypto assets have the potential to become the standard operation in financial transactions. The report highlights that total market capitalisation of crypto is estimated to be over $200 billion; there are more than 2,000 crypto assets […]
Singapore is about to have a new regulatory framework for payments services including cryptocurrency service providers according to a press release published by the Monetary Authority of Singapore, the country’s central bank. “The Payment Services Bill will provide a more conducive environment for innovation in payment services, whilst ensuring that risks across the payments value […]
Bitcoin is extending its collapse for the second day in a row as investors are worried about Bitcoin Cash hard fork and speculations of Bitcoin price manipulation. BTC/USD fell to trade as low as $4,218.00 on Tuesday, its lowest level since October 2017. Bitcoin is now 66% down on 2018, almost 80% down from its […]