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Mega Mining Facility to be Established in Montana

February 5, 2018 by Priyeshu Garg at Bitcoin, Business, Mining, News, Tech

Crypto Watt LLC plans to establish a mega Bitcoin mining facility in the state of Montana in the United States. The company is reportedly investing over $75 million to develop and operate the mining hub. The plant is going to be built on a 53-acre industrial complex that has been...

stock market screens with the bitcoin, ethereum and litecoin logos and price chart, hands in the air waving to buy or sell

Why are Institutional Investors Avoiding the Crypto Space?

February 4, 2018 by Akshay Makadiya at Bitcoin, Commentary, Finance, News, Regulation

Although the crypto market has gained a lot of popularity in recent time, it remains small when compared to established financial markets. Even as members of Wall Street cashed in on Bitcoin bonuses in 2018, a fundamental reason why major institutional investors are still sidelined due to its unregulated nature....

Big, Environmentally Friendly Cryptocurrency Mine Set to Land in Iceland

February 4, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Commentary, Mining, News

A cryptocurrency mining rig that runs on clean energy is coming to Iceland. This miner will have all the strengths of the regular bitcoin and other cryptocurrency mining rigs but would share none of their ecosystem-damaging weaknesses. The Need for a Cool Miner These days mining bitcoin and other altcoins...

The UPS Locker That Accepts Bitcoin

February 4, 2018 by Gil Davis at Bitcoin, Business, Commentary, News

Understanding the way virtual currencies are moving into modern society is a multifaceted issue. First off, one needs to address just where a cryptocurrency will be used the most, and target that sector. Beyond that, the daunting technological and logistical hurdles are far from attractive regarding adoption. For the companies...

Twitter CEO Jack Dorsey’s Support of Bitcoin

Twitter CEO Jack Dorsey in Support of Bitcoin

February 3, 2018 by Gil Davis at Bitcoin, Business, Commentary, News

Though cryptocurrencies have earned extensive media attention as of late, major companies are still hesitant about where they stand on the innovation. The elephant in the room, as far as major companies go, is that of social media platforms. Facebook and Twitter, specifically, have encroached into nearly every aspect of...

Central Banks Considered Issuing Cryptocurrencies, Italy’s Economy Minister Reveals

February 3, 2018 by Priyeshu Garg at Bitcoin, Commentary, News

Italy’s Economy Minister Pier Carlo Padoan has revealed that some central banks have already begun deliberation on the pros and cons of issuing a cryptocurrency. The minister spoke at an event in Milan on January 31, 2018, said that the primary reason banks were considering releasing crypto offerings was to...

Ukrainian Cyberpolice Backs Legalization of Bitcoin and other Cryptocurrencies

February 3, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Commentary, News, Regulation

The Cyberpolice department of the Ukrainian police has declared its support for the legalization of cryptocurrencies in Ukraine. Defining Legal Status of Cryptocurrencies A cyber unit of the Ukrainian national police has said it's in favor of the full legalization of the cryptocurrency market. The digital crime busters have said...

Victoria Harbourcats: Another Sports Franchise Begins Accepting Bitcoin, Ethereum, and Litecoin

February 2, 2018 by Liam J Kelly at Altcoins, Bitcoin, Entertainment, News

A Canadian baseball team from Victoria, British Columbia have taken it upon themselves to act on the positive comments made by the country’s Finance Minister at Davos last week. In an announcement made on January 30, 2018, the Victoria Harbourcats stated that they would be the first Canadian sports franchise...

Press Release

Fintank Cryptocon 2018 Cryptocurrency Conference: All You Need to Know About Cryptocurrency

February 2, 2018 by Guest Post at Altcoins, Bitcoin, Commentary, Press Releases

Leaders in cryptocurrency will address the future of digital currency, how to buy and trade it and how it will impact U.S. businesses and industries during FinTank CryptoCon 2018, an unprecedented all-day Summit in Chicago, Thursday, February 15, 2018. Sponsored by FinTank, a leading Fintech hub in Chicago, the Summit is...

Turkish Football Club the First to Fund Player Transfer with Bitcoin

February 2, 2018 by Priyeshu Garg at Bitcoin, Commentary, Entertainment, News

Omer Faruk Kıroglu has a new claim to fame, officially being the first player to be transferred and paid for in cryptocurrency. Bitcoin payment was accepted for the Turkish footballer during the transfer deal, a first for the Turkish club, the country, and the sport. Club chairman Haldun Sehit has...

Does Market Capitalization Even Matter for Cryptocurrencies?

February 1, 2018 by Gil Davis at Altcoins, Bitcoin, Commentary

The volatile nature of the crypto-scene currently can’t be understated and has left many professional investors in a state of confusion. How do they apply traditional economic principles to this highly lucrative, yet very unpredictable new area? Liquidity, Crypto Whales, and Due Diligence The most obvious, and simple, part of...

IRS: Cryptocurrency is a Property & Swaps are Taxable

U.S. Bitcoin and Cryptocurrency Taxes Demystified

February 1, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Commentary, Regulation

Bitcoin had a sterling performance in 2017, as the cryptocurrency effortlessly made new highs almost on a weekly basis. However, cryptocurrency enthusiasts have been dancing to an entirely different crypto tune this year. Specifically, the U.S tax authorities will no longer tolerate crypto-tax evasion. Henceforth, every bitcoin and other crypto...

Maple leaf coin representing cryptocurrency in front of Canadian flag. The First Cryptocurrency Investment Fund launches in Canada, providing a safe way to invest in bitcoin

Not Taxation, Canada’s Government Is Worried About Terrorism and Money Laundering Using Cryptocurrencies

January 31, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, News, Regulation

If you’re currently living in Canada and worried about the government imposing a new tax code for cryptocurrencies, Finance Minister Bill Morneau has good news to share. In his conversation with the media on the sidelines of the World Economic Forum in Davos, the minister assured that his government is...

A Google Search Might Be All You Need to Predict Bitcoin’s Next Breakout

January 31, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Commentary

Nick Colas, DataTrek Research's co-founder, has depicted a rather simple way to track Bitcoin in anticipation of the next spike. While investigating Google searches for “Bitcoin” may seem an overly simplistic methodology, Colas was the first analyst to track Bitcoin diligently, and his opinions come highly qualified. Ultimately, analyzing Google...

CasinoGuardian: Newest Crypto Gambling Features

Bank of Canada Looks to Regulate “Gamble” Bitcoin

January 31, 2018 by Priyeshu Garg at Bitcoin, Commentary, News, Regulation

The Bank of Canada’s governor Stephen Poloz has labeled trading with Bitcoin “gambling” and called for regulatory oversight. He confirmed that the Central Bank was currently looking into appropriate legislation to prevent heartache from the current volatility in the cryptocurrency melee happening worldwide. While those may seem negative sentiments, he...

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