#Bitcoin News

Two Hands Holding a Block with a Lightning Bolt inside

Square Targets Widespread Adoption with Lightning Development Tools

January 22, 2020 by Ashwath Balakrishnan at Bitcoin

After speaking to multiple Bitcoin developers who are building products for the ecosystem, Square's newly set up Bitcoin team, led by Matt Corallo, is releasing a Lightning Development Kit (LDK) to allow wallet and applications creators to give their users custom experiences without running into major problems, January 22, 2019....

Bank of Korea to Establish Digital Asset Task Force

South Korea Set to Impose Crypto Tax on Trading Profits

January 20, 2020 by Osato Avan-Nomayo at Bitcoin

The South Korean government is making plans to implement a 20 percent crypto taxation policy on income and profits made from crypto trading and transactions. 20 Percent Crypto Tax Coming to South Korea According to reports from PulseNews, the South Korean government is making plans to implement a new crypto...

Staunch Bitcoin Critic Claims He’s Lost His Bitcoin, Crypto Twitter Reacts

January 20, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Peter Schiff, an American stockbroker, financial commentator, economist and bitcoin (BTC) critic has taken to Twitter to claim that he has suddenly lost access to his bitcoin wallet despite entering the correct password. Peter Schiff Loses his Bitcoin On January 19, 2020, popular bitcoin hater, Peter Schiff announced on Twitter...

Bitcoin, Ether, and XRP Weekly Market Update January 20, 2020

January 20, 2020 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Price Analysis, Price pages, Ripple, Stablecoins, Top Coins For The Week

The total crypto market cap added $20.2 billion to its value for the last seven days and now stands at $237.1 billion. The top 10 currencies were all in green for the same time frame with Bitcoin SV (BSV) and Bitcoin Cash (BCH) being the best performers with 63 and...

ASIC Gives Australian Fintech Firm the Nod to Launch Bitcoin Fund

January 20, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The Australian Securities and Investment Commission (ASIC), the nation’s financial watchdog, has given the Raiz micro-investing app, the approval to add a Bitcoin fund to its list of investment services. Raiz says it would invest 95 percent of clients’ money in exchange-traded funds (ETFs), while the remaining 5 percent will...

Chicago-based Bitcoin of America Grows in Popularity and Spreads All Over U.S.

January 18, 2020 by Aisshwarya Tiwari at Bitcoin

The number of Bitcoin ATMs worldwide is constantly increasing and has recently exceeded 6500 units installed all over the globe. However, the geographical distribution is far from distributed. According to coinatmradar, most of these machines are installed in the United States of America for a total of almost 67 percent....

Grayscale Marks Record Year, Bitcoin Sentiment Aloft

January 17, 2020 by Ashwath Balakrishnan at Bitcoin

Grayscale Investment, the world's largest crypto asset fund manager, has had a record-breaking 2019, pulling in as much investment as they have from 2013-2018 cumulatively. This data supports the narrative that the correction hasn't killed optimism in the Bitcoin market. Institutions and high net-worth individuals using Grayscale are still very...

Turkey could be ready to Launch National Digital Currency in 2020

Turkey’s Gold-Backed BiGA Cryptocurrency Now Fully Functional

January 17, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Turkey’s gold-backed cryptocurrency, BiGA is now fully functional, with several financial institutions in the region, including Albaraka Turk, Kuveyt Turk, and others, already transacting with the digital asset, according to a Finextra report on January 17, 2020. Turkish Banks Integrate BiGA Turkey’s top lender, Istanbul Clearing, Settlement and Custody Bank...

Anchorage Acquires Merkle Data, Launches Institutional-Grade Bitcoin Trading Platform

January 16, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Anchorage, a digital assets custodial service provider for institutional investors, has announced the acquisition of Merkle Data, and the launch of Anchorage Trading, a crypto brokerage platform that will allow its clients to buy and sell bitcoin (BTC) and altcoins straight from Anchorage’s vaults through expert traders, without needing to...

Survey: 36% of Small Businesses in America Accept Virtual Currency Payments

January 16, 2020 by Osato Avan-Nomayo at Bitcoin

At least a third of new small businesses in the U.S. are accepting crypto payments according to a survey by HSB. However, growing cyber threats connected to virtual currencies might scupper virtual currency adoption by smaller businesses. One-third of U.S. Small Businesses Accept Crypto Payments In a press release published...

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