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Crypto CFD Trading Firm Olsson Capital Found to Be Unregistered by FCA

March 30, 2018 by Kieran Smith at Altcoins, Bitcoin, Commentary, News, Regulation

The U.K.'s Financial Conduct Authority (FCA), has released a statement on March 28, 2018, warning investors about an unregistered brokerage firm. Olsson Capital, a Bulgarian firm, has been providing financial services in the UK without the authorization of the FCA. Catching a Scam in Headlights The Agency commented: "This firm...

Upcoming Cryptocurrency Chia Aims To Challenge Bitcoin’s Throne

March 30, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, News, Tech

Issues of scalability, volatility, and speed have plagued Bitcoin, slowing the promise it once showed. But, a promising startup called Chia Network aims to capitalize what the flagship cryptocurrency started, minus the mistakes made by the current largest cryptocurrency. Neither Consuming nor Wasting Electricity: The Promise of Chia The firm...

WannaCry Ransomware Strikes Boeing, Aviation Giant Says Situation Is Under Control

March 30, 2018 by Priyeshu Garg at Bitcoin, News

Remember WannaCry? Yes, the same notorious ransomware that targeted more than 200,000 victims worldwide in May 2017. It turns out the cyber threat is back with a bang and this time the victim is none other but the aviation giant Boeing Corporation. All Hands On Deck According to reports, a...

German Authorities Make Bitcoin Official Legal Tender in the Tourism Sector

March 30, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Ethereum, News, Regulation, Tech

Life is a trade; you win some, you lose some. This is the condition of the world’s flagship cryptocurrency right now. While bitcoin is banned in some countries presently, it is gaining more mainstream adoption in many other nations. In a point for cryptocurrencies, however, the German National Tourist Board...

Summary on Tether and Where We’re At

March 29, 2018 by CryptoMedication at Altcoins, Bitcoin, Commentary, News

In light of the most recent $300 million in currency. This is something that the entire Bitcoin community needs to worry about because all signs are showing that there's a high likelihood that Tether will be forced to cease all of their operations in the United States at some point...

Bithumb and Pay’s Join Forces to Make 6,000 South Korean Merchants Accept Bitcoin and other Cryptos

March 29, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, News

After months of rumors, speculation, and uncertainty, the cryptocurrency regulatory war in South Korea seems to be over, and confidence is gradually returning to the Korean digital currency space. Leading cryptocurrency exchange, Bithumb has inked a partnership deal with top mobile payment service Pay's to facilitate cryptocurrency payments...

BitFlyer and Luxury Car Firm Partner to Accept Bitcoin Payments

March 29, 2018 by Andrew O Malley at Bitcoin, Business, News, Tech

While the likes of bitcoin has become more and more popular as a form of payment for goods and services in recent times, it still has a long way to go before there is mass adoption. Many vendors, for instance, don’t have the know-how or desire to deal with accepting...

Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

March 29, 2018 by Jamie Holmes at Bitcoin, News, Price Analysis

Bitcoin has experienced a terrible first quarter in terms of price growth, down around 50 percent on 2018’s open. On March 29, the price slid below $7,500 revisiting lows from early March. With the price breaking below $7,799.96 on the Bitstamp exchange, the market is now devoid of any significant...

Analysts are Trying to Figure Out a Relationship Between Cryptocurrency Prices and the Stock Market

March 29, 2018 by Rahul Nambiampurath at Bitcoin, Commentary, Finance, News

There seems to be a correlation between the price of bitcoin, the cryptocurrency with the biggest market capitalization, and the forward price to earnings ratio of stocks listed in the S&P 500. As reported by Bloomberg, the valuation measure peaked on the same day in Dec. 2017 for bitcoin and...

Bitcoin Developers Sharpen the Focus for Future Development

March 29, 2018 by contributor at Bitcoin, Blockchain, Commentary, News, Tech

The developers of Bitcoin Core recently published a transcript about the software priorities and overall vision for Bitcoin’s future development. They truly dream of having bitcoin a globally accepted currency, as well as creating various implementation software. At the recently held Bitcoin Core developers Annual Meeting, the team’s most active...

"HODL!" Says Foundation for Economic Education Director

Wall Street Analyst Provides Some Evidence ‘HODLing’ Bitcoin is Best

March 29, 2018 by contributor at Bitcoin, Commentary, Finance, News

Bitcoin (BTC), although still an interesting and profitable buy, continues to remain under pressure. In this bearish market, making profits off BTC trading is practically non-existent as volumes are low and order books are thin. However, a famous Wall Street guru is of the opinion that holding bitcoins is still...

JP Morgan Chase Rekindles Blockchain Ambition with Quorum

March 29, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Ethereum, Finance, News, Tech

In another return to the technology underpinning Bitcoin, JP Morgan Chase is determined to become a significant player in the blockchain ecosystem by making its cross-border payment solution, Quorum, an independent project. And Quorum was Reborn JPMorgan Chase is one of the first institutional investors to catch the blockchain bug....

Blockchain Technology May Soon Revolutionize Budget Allocation

What to Do Before the IRS Comes Knocking: Cryptocurrencies and Taxation

March 29, 2018 by contributor at Altcoins, Bitcoin, Ethereum, News, Regulation

Although cryptocurrencies have been around for a while now, 2017 saw new mainstream investors buying in and following the run up to $20,000, they’re quickly cashing out. At the same time, there’s a high possibility that many will face some major tax liabilities. However, how tax laws apply to virtual...

The Death of Altcoins? Lightning Network Growing Rapidly, Nodes Now Exceed Those of Bitcoin Cash

March 29, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, News, Tech

Although still fresh off developers’ drawing boards, the Lightning Network is experiencing rapid adoption and already runs more active nodes than bitcoin cash. The most recent statistics point to Lightning’s marginal lead over BCH. A network to network comparison of active nodes shows bitcoin cash (ABC) with 1,287 nodes compared...

Paxful Reports Growing Bitcoin Market in Africa

March 28, 2018 by Priyeshu Garg at Bitcoin, Business, Commentary, News

Southeast Asia and Sub-Saharan Africa account for a large proportion of the estimated two billion unbanked people in the world today. As a result, there have been a number of fintech innovations that have attempted to offer financial services to these class of people to bring them into the mainstream global...

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