The Art of making Bitcoin & Cryptocurrency
In this latest roundup of crypto chatter from social media, Vitalik Buterin sparks debate by declaring that he doesn’t believe in proof of work. Also, developer Rhett Creighton is accused of foul play in the Bitcoin Private pre-mine scandal. Finally, Chris Pacia clarifies his stance on large block limitations. Also read: A Look at Some […]
The post Chatter Report: Vitalik Doesn’t Believe in Proof of Work, Chris Pacia Discusses Big Blocks appeared first on Bitcoin News.
Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752.
If you bought Bitcoin and other cryptos when their prices were high, there’s a silver lining around the gray state of crypto markets now: any losses you take this year could place you in a lower tax bracket. What’s more, claiming those losses is easier than you might assume.
The post PR: Write off Crypto Losses With CoinTracking.info appeared first on Bitcoin News.
Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one is really sure whether the coin actually works, Venezuelans have already seen their salaries denominated in the national crypto and their pensions converted to petro. Imposing […]
The post Maduro’s Promotion of the Petro Yet to Yield Results appeared first on Bitcoin News.
2018 was a crazy year in regard to the price of cryptocurrencies losing more than 80 percent of their values since they touched all-time highs. Interestingly enough, even though the prices of major digital assets plummeted, the hashrate for SHA-256 coins skyrocketed during the months of August through October. Although the hashrate has declined significantly […]
The post The 2018 Bitcoin Mining Ecosystem Saw Record Hashrates and New Devices appeared first on Bitcoin News.
In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator revealed its expectations for the self-regulation of cryptocurrency exchanges in Japan. The agency has approved a self-regulatory organization, which it is working closely with to ensure compliance. All 16 regulated crypto exchanges in Japan are members of this self-regulatory organization. Also read: Indian Supreme Court Moves […]
The post Japan Reveals Expectations for Crypto Industry Self-Regulation appeared first on Bitcoin News.
The committee charged with providing recommendations for the regulatory framework surrounding cryptocurrencies in India is reportedly evaluating the legalization of the asset class under strong regulation. According to a recent report, “There is a general consensus that cryptocurrency cannot be dismissed as completely illegal.” Also read: Report: Indian Government Panel Submits Crypto Recommendations Legalizing With Strong […]
The post Report: India Evaluating Cryptocurrency Legalization Under Strong Regulation appeared first on Bitcoin News.
The UN has partnered with blockchain-based telemedicine and telepsychology firm to expand free basic healthcare services in Eastern Africa
Madison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges […]
The post Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M appeared first on Bitcoin News.
The Litecoin Foundation has become the “Official Cryptocurrency Partner” of the UFC light heavyweight title fight between Jon Jones and Alexander Gustafsson
The crypto recovery will be a slow and gradual process, while some still predict a further fall for Bitcoin below $3,000. What do the charts project? Let’s find out