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Bitcoin Price Volatility: Here’s What The Crypto Market Really Needs

The ongoing bitcoin price volatility is certainly no secret, but what would it take to slow things down to a reasonable pace? One analyst thinks he’s got the answer, and it isn’t regulations. In fact, he expects the regulations that are surely coming to make the already-bumpy ride in the bitcoin price even worse and […]


Here’s What Bitcoin Must Prove Before Goldman Sachs Would Invest

Goldman Sachs thinks it may have found Bitcoin’s biggest problem: It doesn’t have one.No, that wasn’t a trick answer. In a new missive this week, a top Goldman Sachs investment strategist explained what Bitcoin and other cryptocurrencies would need to do to justify their prices, which have recently rebounded after a sustained crash.“We believe that […]


Bitcoin Processed $1 Billion While US Banks Stay Closed

Yesterday was President’s Day in America. Schools were shut, no government offices functioned and even the stock markets rested. While the banking system napped though over $7 billion in Bitcoin was traded.Bitcoin Rebounds As Banks Take The Day OffUnlike the stock and commodities markets, cryptocurrency trades 24/7. It recognizes no national holidays, doesn’t mind working […]


Israel Will Tax Bitcoin as an Asset, Not a Currency

Israel is becoming ingrained more and more deeply into crypto ecosystem. Cryptos will be subject to the capital gains tax, decides the Tax Authority.The Israel Tax Authority announced that Bitcoin as well as other cryptocurrencies would be treated as a kind of assets for tax purposes. This move was not  a very surprising one, as […]


Bitcoin “Failed” as a Currency So Far, Says Bank of England Governor

Bank of England (BoE) governor Mark Carney recently argued that bitcoin has, so far, “failed” to be a legitimate currency measured by standard benchmarks, as it neither a store of value nor a useful medium of exchange.While speaking at a private event at London’s Regent’s University, the central banker told students that bitcoin fails to […]


Bitcoin Core Wallet Introduces Full SegWit Support

SegWit was introduced in August of last year through BIP 141 (Bitcoin Improvement Proposal) and promised to bring noticeable efficiency changes to the Bitcoin network. However, whilst celebratory parties were held around the globe, many in the Bitcoin world were slow to adopt the new technology – including developers of the Bitcoin Core wallet. The […]


Billionaire Calvin Ayre is Building A $100M Bitcoin Cash Resort in Antigua

Soon, wealthy tourists looking to live large in the Caribbean will be able to reserve rooms at controversial billionaire Calvin Ayre’s resort in Antigua — if you’ve got the Bitcoin Cash.A ‘NOVEL AND EXCITING CONCEPT’The billionaire founder of the Ayre Group and the Bodog entertainment brand, Calvin Ayre, is reportedly building a $100 million five-star resort […]


White House Official: Bitcoin Regulation Won’t Happen Anytime Soon

White House cybersecurity coordinator and special assistant to the president, Rob Joyce, stated the US still has a long road ahead of it before it starts regulating the world’s first cryptocurrency.HASTE MAKES WASTEBitcoin investors in the US worried about government regulation need not start sweating, yet.At the Munich Security Conference in Germany, Joyce — a […]


US: Arizona Senate Passes Bill To Allow Tax Payments In Bitcoin

The Arizona Senate passed a bill on Feb. 8 to allow residents in the state to pay their taxes with cryptocurrencies, public records indicate.The Senate Bill 1091, which intends to enable cryptocurrencies for tax payment, was introduced Jan. 10, 2018 and passed by the Senate Finance Committee by a 4-3 vote on Jan. 24. On […]


Bitcoin as Poison

The views on Bitcoin among various investors are quite polarized. The whole spectrum includes both people directly owning the cryptocurrency and those who seem to hate it. We have read analyses suggesting that a surprising percentage of hedge fund managers own digital coins. At the same time, Warren Buffett’s investment chief, Charlie Munger, called Bitcoin […]

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