Bitcoin

MovoChain Facilitates Peer-to-peer Transactions and Purchases Using BTC and BCH

MovoCash has announced that it is enabling Bitcoin and Bitcoin Cash purchases powered and backed by the global Bitcoin payment service Bitpay.

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US Congressman Introducing Legislation to Designate Bitcoin and Cryptocurrency as a New Asset Class

Bitcoin and cryptocurrency may finally become its own asset class, if a new bill heading to the US Congress becomes law.US Representative Warren Davidson of Ohio is proposing to bring some much needed clarity to confusion on whether crypto should be categorized as securities, commodities or properties.

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US Government Is Interested in Tracking Privacy Coins

The U.S. Department of Homeland Security (DHS) wants to know if tracking transactions conducted using privacy coins is feasible. A new pre-solicitation document published by the DHS Small Business Innovation Research Program discusses the use of cryptocurrencies such as bitcoin for transactions.

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Bitcoin and Digital Assets Are Here to Stay, Says NYSE Chairman, Despite Bear Market

Bitcoin got the backing of a critical figurehead on Wall Street this week. Jeff Sprecher, chairman of the New York Stock Exchange and CEO of its parent company, Intercontinental Exchange, said that despite headlines of cryptocurrencies flopping, digital assets have a future in regulated markets.

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Institutional Investors Are Officially Entering the Cryptocurrency Market

Now that institutional investors are buying up Bitcoin, what will it mean for the cryptocurrency market? Much of the early draw to cryptocurrencies was the high crypto appeal. No governments back cryptocurrencies. Cryptocurrencies arent standardised against any material commodity.

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Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin

Ohio has become the first U.S. state to allow taxes to be paid in bitcoin. According to a report from The Wall Street Journal on Sunday, starting this week, companies in the state will be able to pay a variety of taxes, from tobacco sales tax to employee withholding tax to public utilities tax with […]

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Bitcoin for Payments a Distant Dream as Usage Dries Up

The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital coin starts to fulfill one of the basic features of any payment currency: stability.

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Bitcoin Turns 10 – How It Went From an Abstract Idea to a $100 Billion Market in a Decade

Bitcoin went from an anti-establishment fad on the internet to a multibillion-dollar market in just 10 years. Its underlying technology, blockchain, is being embraced by banks such as J.P. Morgan and tech giants such as Amazon and Facebook.

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6 Trends in Blockchain and Cryptocurrencies I Learned at San Francisco Blockchain Week

The cryptocurrency market has experienced a massive selloff in 2018, bursting the bubble that reached a peak when Bitcoin’s price hit near $20,000 per coin. Similarly to the burst of any bubble, the hysteria for cryptocurrencies has faded as the price declines – leaving many folks with painful losses and hurt feelings.

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Australia Post Provides Quick KYC for Bitcoin Exchange Users

An unlikely story of partnership between old and new is unfolding in Australia as Australia Post, the country’s 209-year-old snail mail delivery service is using digital identification technology to enable cryptocurrency exchanges to carry out KYC checks in a matter of minutes, thereby vastly simplifying the process of purchasing crypto in Australia.

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Bitcoin Is 10 Years Old Today – Here’s a Look Back at Its Crazy History

Halloween 2018 marks the 10-year anniversary of the foundations of bitcoin, the world’s first cryptocurrency, an asset that can fairly claim to have altered perceptions of what can truly be considered an asset in financial markets.

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Bitcoin May Cause Catastrophic Climate Change by 2033, Study Warns

The increasing use of Bitcoin threatens a catastrophic escalation of climate change, a new study warns. Scientists say the amount of electricity involved in mining the cryptocurrency could boost global temperatures by more than two degrees by 2033.

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