Bitcoin News / Bitcoin.com - 3 years ago
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. Hong Nam-ki unveiled that officials are assessi...
Bitcoin News / Bitcoin.com - 3 years ago
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, n...
Bitcoin News / Bitcoin.com - 3 years ago
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the...
Bitcoin News / Bitcoin.com - 3 years ago
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, whi...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. B2BinPay, one of the industry’s leading crypto processing providers, has announced the launch of version 2 of its award-winning payments solution. The new version is a highly-anticipated upgrade to the current offering and includ...
Bitcoin News / Bitcoin.com - 3 years ago
Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers...
Bitcoin News / Bitcoin.com - 3 years ago
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with pow...
Bitcoin News / Bitcoin.com - 3 years ago
The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receiv...
Bitcoin News / Bitcoin.com - 3 years ago
America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the...
Bitcoin News / Bitcoin.com - 3 years ago
The new Acting Comptroller of the Currency, Michael Hsu, has requested a review of the cryptocurrency standards established by the top U.S. banking regulator. He is also urged to “reassess any conditional national trust charters and halt the ap...
Bitcoin News / Bitcoin.com - 3 years ago
US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against ta...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of BCVT, being available to trade on the 20th May 2021 at 10:00AM UTC. BCVT was created by the BitcoinVend team, as the native cryptocurrency of their BitcoinVend App. BCVT will...
Bitcoin News / Bitcoin.com - 3 years ago
Australian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in importance.” She emphasized that the government won’t stand in the way of crypto investin...
Bitcoin News / Bitcoin.com - 3 years ago
According to reports, over 100,000 African youths have taken part in Binance’s crypto and blockchain education barely a year after the learning program was launched. Dubbed the Binance Masterclass, the education initiative is aimed at equipping...
Bitcoin News / Bitcoin.com - 3 years ago
A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit t...
Bitcoin News / Bitcoin.com - 3 years ago
Australians have been learning more and more about cryptocurrencies but it turns out some myths and misconceptions are still widespread among the general public Down Under. As a most stunning example, over half of the participants in a new poll by Fi...
Bitcoin News / Bitcoin.com - 3 years ago
The Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Ga...
Bitcoin News / Bitcoin.com - 3 years ago
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchas...
Bitcoin News / Bitcoin.com - 3 years ago
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion...
Bitcoin News / Bitcoin.com - 3 years ago
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad...
Bitcoin News / Bitcoin.com - 3 years ago
The Coronavirus pandemic has driven people to take advantage of new business lines to deal with the economic crisis, and cryptocurrency is once again a headliner. Internet cafe owners in China are using their facilities to set up crypto mining farms...
Bitcoin News / Bitcoin.com - 3 years ago
The Bitcoin Pizza initiative, a new endeavor promoted by Bitcoin influencer Anthony “Pomp” Pompliano, that seeks to fund Bitcoin development while remembering Lazlo Hanyecz’s legendary pizza purchase, was launched yesterday. While b...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, is excited to announce the listing of the Hathor Token (HTR) under the trading pair USDT/HTR on May 19 at 1:00...
Bitcoin News / Bitcoin.com - 3 years ago
Bitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over t...
Bitcoin News / Bitcoin.com - 3 years ago
Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of...