Bitcoin News (BTC) - Page 58

Bitcoin (BTC) Latest Update: Market Cap of Bitcoin (BTC) Might Surpass MasterCard and Visa in the Next Few Years BTC News Today BTC/USD Price Today
Since the emergence of Bitcoin (BTC) into the digital space, the digital currency has been praised as a decentralized, optimize version of MasterCard, Visa and the like. Bitcoin (BTC) came into the space back in 2009, and it was headed by the anonymous Satoshi Nakamoto. There has been an argument over the years that ?Bitcoin (BTC) is a digital gold.? While the narrative is yet to change over the years, a lot of people believe that the first blockchain network in the world could still seize centralized networks with enough development, research, and more importantly, time. In Off The Chain?s recent edition, it was explained that Bitcoin (BTC) could soon start making a move to the ecosystems of centralized payments. Off The Chain is a digital currency-focused newsletter and podcast that is run by an open skeptic of banks and founder of Morgan Creek Digital Assets ? Anthony Pompliano.
January 16, 2019 8:39 AM

smartereum.com

Russian Claim to Buy Bitcoin is Fake
Being A New User On Lit: Mithril?s App What Determines Bitcoin?s Price? Which Companies Accept Bitcoin Payments? Why Bitcoin Is Not A Ponzi Scheme? Bitmain Scales Down Operations in Netherlands Ethereum Constantinople Fork: How It Affects ETH Miners Jihan Wu?s Double Game. From Bitcoin Evangelist to Dictator The Reason Why Bitmain Lays Off 80% of Its Staff Hong Kong Exchange ?Hesitant? to Approve Bitmain IPO How the ?Incentive Token? Could Change the Face of Crypto Travala.com Now Accepts XRP for its Hotel Booking Platform VeChain Partners with BIOS Middle East Machi X ? Social Crypto Exchange Bitmain Fires / Vechain Hires. Bear Market Brings Clarity to crypto companies
January 16, 2019 8:33 AM

www.asiacryptotoday.com

How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country?s central bank. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Reports of banks in India closing customer accounts with cryptocurrency-related transactions have been on the rise. Banks cite compliance with the circular issued by the country?s central bank, the Reserve Bank of India (RBI), that bans them from providing services to customers and businesses dealing with cryptocurrencies.
January 16, 2019 8:30 AM

news.bitcoin.com

Americans lost $1
Published: Jan 15, 2019 9:44 a.m. ET After a torrid 2018, many investors aren?t even interested in a tax deduction, survey finds Americans who owned bitcoin in 2018 took a shellacking, and a surprising number of them either don?t know or don?t plan on taking advantage of the one bright spot, according to one personal finance firm. According to Credit Karma, Americans lost $1.7 billion in 2018 ? and had unrealized losses of more than $5 billion ? but most aren?t planning to claim a tax deduction they?re entitled to on the realized losses. ?Even though those who sold their bitcoin at a loss can typically claim a tax deduction we found that before taking our survey, 61% of respondents who lost money on bitcoin didn?t actually realize they could get a tax deduction for bitcoin losses,? said Jagjit Chawla, general manager of tax at Credit Karma, in a report. Moreover, once polled by Credit Karma, only 58% said they are more likely to file the losses and claim the deduction now they know they can.
January 16, 2019 8:18 AM

www.marketwatch.com

Americans lost $1
Published: Jan 15, 2019 9:44 a.m. ET After a torrid 2018, many investors aren?t even interested in a tax deduction, survey finds Americans who owned bitcoin in 2018 took a shellacking, and a surprising number of them either don?t know or don?t plan on taking advantage of the one bright spot, according to one personal finance firm. According to Credit Karma, Americans lost $1.7 billion in 2018 ? and had unrealized losses of more than $5 billion ? but most aren?t planning to claim a tax deduction they?re entitled to on the realized losses. ?Even though those who sold their bitcoin at a loss can typically claim a tax deduction we found that before taking our survey, 61% of respondents who lost money on bitcoin didn?t actually realize they could get a tax deduction for bitcoin losses,? said Jagjit Chawla, general manager of tax at Credit Karma, in a report. Moreover, once polled by Credit Karma, only 58% said they are more likely to file the losses and claim the deduction now they know they can.
January 16, 2019 8:18 AM

www.marketwatch.com

Bitcoin Futures Exchange BitMEX to Shut Down its US and Quebec-based Clients Trading Accounts
According to a report by South China Morning Post published on January 15, 2019, BitMEX, a Hong-Kong-based cryptocurrency has shuttered down the accounts of its US and Quebec, Canada, based clients amidst fears of stifling regulatory environment. Regulations have long been one of the chinks in the armor for digital currencies. Regulatory bodies the world over are not rushing at all to form a supervisory infrastructure for cryptocurrencies, and the same seems to hurt its development. However, the onus of the clampdown cannot be put solely on regulatory bodies. Rampant scams and exchange hacks have necessitated the need for a firm and conducive regulatory ecosystem for businesses operating in the nascent industry.
January 16, 2019 8:12 AM

blockchainreporter.net

Bitcoin Price Today USD Live: How much is Bitcoin worth Latest Price Chart Analysis and Bitcoin Price Prediction 2019 | Smartereum
The crypto market is yet to start the much expected bull run. All the digital currencies in the market are still deep in the red. Bitcoin (BTC) is yet to recover, and it?s still struggling to break over the $4,000 level. The digital currency recently broke below the key psychological levels of $6,000 and $5,000. The value of the coin is now eyeing the $3,000 mark. The value of Ethereum (ETH) is one of the most discouraging in the market. Looking at the value of the coin alone, one would think the glory days are long gone. Ethereum (ETH) traded close to the $1,500 in December last year. Nevertheless, the digital currency is now down by more than 90 percent from its all-time high. Ethereum is now trading below the $110 mark at the press time.
January 16, 2019 7:29 AM

smartereum.com

What will Happen to Bitcoin in 2019-(Bitcoin Price Predictions 2019) - Bitcoin Price Today | Smartereum
The crypto market is yet to start the much expected bull run. All the digital currencies in the market are still deep in the red. Bitcoin (BTC) is yet to recover, and it?s still struggling to break over the $4,000 level. The digital currency recently broke below the key psychological levels of $6,000 and $5,000. The value of the coin is now eyeing the $3,000 mark. The value of Ethereum (ETH) is one of the most discouraging in the market. Looking at the value of the coin alone, one would think the glory days are long gone. Ethereum (ETH) traded close to the $1,500 in December last year. Nevertheless, the digital currency is now down by more than 90 percent from its all-time high. Ethereum is now trading below the $110 mark at the press time.
January 16, 2019 7:28 AM

smartereum.com

Will Robinhood overtake Coinbase in cryptocurrency trading (Ethereum and Bitcoin) How does Robinhood make money | Smartereum
Coin base is one of the prime exchanges when it comes to cryptocurrency trading. It is one of the largest exchanges for Ethereum as well as Bitcoin. Now, as more and more off-line businesses also try their hand at making cryptocurrency exchanges, the challenges for the traditional cryptocurrency exchanges are increasing. One such exchange which is trying to garner market share when it comes to Ethereum and Bitcoin trading is Robin Hood. It will allow the trading of Bitcoin as well as Ethereum from February this year. It also plans on adding more cryptocurrencies at a later date. Originally published in January 2018
January 16, 2019 7:24 AM

smartereum.com

Gaming Pays Off! 20 Bitcoin Donation Given to Twitch Streamer
A Twitch streamer, Sick Nerd, know for playing Old School RuneScape, was given a 20 Bitcoin donation during a recent stream. Since video games first burst upon the scene in the 1970s, every gamer has dreamed of being able to make a living by playing such games. Such hopes were often dashed by mothers demanding the players get off their butts and take out the trash or clean their rooms. However, such is no longer the case with professional eSports and online streaming channels. One gamer netted a hefty haul when he received a 20 Bitcoin (BTC) donation during a recent livestream. This massive gift occurred during a livestream by Sick Nerd, an online gamer who plays Old School RuneScape. For those not knowledgeable about online games, RuneScape has long been one of the biggest mmo games on the market. Old School RuneScape is a different version of the current game as it is a throwback to the original classic released back in 2001.
January 16, 2019 7:22 AM

bitcoinerx.com

The list of Bitcoin millionaires: Rapper 50 Cents joins the cryptocurrency millionaire list but there is a problem | Smartereum
Update: 50 Cent admits in bankruptcy document that he never actually owned any bitcoin For future reference: 50 Cent apparently doesn?t deny reports that make him look good 50 Cent admitted that he did not, in fact, make $8 million in bitcoin by accepting the cryptocurrency as a form of payment for his album Animal Ambition back in 2014. In a Friday court document obtained by The Blast, the rapper admits that he has never owned bitcoin, and only went along with the initial report from TMZ because ?so long as a press story is not irreparably damaging to my image or brand, I usually do not feel the need to publicly deny the reporting.?
January 16, 2019 7:21 AM

smartereum.com

Bitcoin price predictions 2019: Can Bitcoin see the old good $20,000 days in 2019 - Bitcoin Price today | Smartereum
Bitcoin, the first largest cryptocurrency, has had it rough since it reached its peak at $19,500. After the 2017 December to 2018 January frenzy ended, everyone was expecting BTC to recover. Unfortunately, it didn?t recover and things only got worse. Right now, BTC is hovering above $4,000 and there is no saying when another bear grip will take the price below this level. As expected, some experts have given their opinion about the current bear market and most of them don?t think it?s going to end soon. While BTC may find stability short-term, it?s going to take a lot of long-term effort for it to get to its all-time high of almost $20,000.
January 16, 2019 7:20 AM

smartereum.com

Bankrupt Bitcoin Miner Giga Watt Forced to Cease Daily Operations - CoinDesk
Bankrupt U.S.-based bitcoin mining firm Giga Watt has been forced to shut down day-to-day operations. The firm sent an email to customers on Tuesday, a copy of which was obtained by CoinDesk, which states that, while it had continued to operate in the two months since the bankruptcy filing, ?at present, both access and power to the facilities in which Giga Watt operates have been closed to the company.? Andrey Kuzenny, a director owning a more than 10 percent stake in Giga Watt and an admin of the firm?s official Telegram channel, confirmed to CoinDesk that the email was sent by the firm. When asked for further details, Kuzenny told CoinDesk he could not comment for legal reasons.
January 16, 2019 7:10 AM

www.coindesk.com

New Pirate Bay Malware Replaces Bitcoin and Ethereum Addresses, Alters Google Search Results
A new virus making the rounds is embedding nefarious code in a victim?s computer to extract cryptocurrencies, deceptively altering search results to scam users into parting with their digital assets. As reported by cybersecurity publication Bleeping Computer, the virus is embedded in movie files originating from torrent tracking service The Pirate Bay (TPB). While torrent files are notorious for their malware vulnerabilities, the new virus uncovers a large amount of user information and injects ?donation? ad placements and affiliate links on popular websites to capitalize on credibility while scamming unsuspecting users.
January 16, 2019 7:08 AM

cryptoslate.com

Bitcoin Price Prediction 2019: Can cryptocurrency hit $50,000 this year | Smartereum
Can Bitcoin hit $ 50,000 this year? While most of the cryptocurrencies are much below their earlier highs but there are newer and newer predictions coming up for cryptocurrencies. One such prediction is that Bitcoin can rise to as high as $ 50,000 in the calendar year. A cryptocurrency portfolio manager by the name of Jeet Singh, stated at World Economic Forum in Davos, that the current volatility is completely normal when it comes to the cryptocurrencies space. He also stated that it is normal for cryptocurrencies to fluctuate by 70% to 80%. This is one of the main reasons why the current volatility does not worry him at all.
January 16, 2019 6:27 AM

smartereum.com

Indian Banks Ban Bitcoin, Bloomberg Rakes-In $10 Billion, HODL Creator Disavows
Welcome to In Case You Missed It (ICYMI), a quick message from banks coercing you into not buying bitcoin, brought by your favorite bank clerk, Linzerd. Indian banks forcing customers to not buy crypto. Bitcoin is not digital gold yet. Tron has ?no way? of running BitTorrent. HODL meme distorted according to his creator, and Bloomberg raked in $10 billion in revenue last year. More Spice: Bitcoin White Paper Webcomic by Comics Legend Scott McCloud Indian Banks now forcefully taking permission from us to 'reserve right to close our account without further intimation' if we deal in #cryptocurrency transactions
January 16, 2019 5:36 AM

coinspice.io

Bitcoin & Beyond MetaNet ICU
With the Internet spreading linke wildfire and reaching every part of our daily life, more and more traffic is directed to websites in search for information.
January 16, 2019 5:34 AM

metanet.icu

Bitcoin transactions are up over 50% in the last 6 months
One statistic that provides some insight is the number of transactions that occur each day. The amount of Bitcoin transactions actually increased by around 54% in the last six months. On January 14, 2019, Bitcoin processed over 326,500 transactions ? according to BitInfoCharts. Exactly six months ago on July 14, 2018, the amount of daily Bitcoin transactions was just shy of 176,350. As our chart shows, this 176,350 transaction figure was actually during somewhat of a high point during this period of time. A few days later on July 22, there were less than 166,950 Bitcoin transactions. There are, however, factors that muddy this statistic. One is a scaling solution known as batching, which lumps together transactions in order to place less strain on the blockchain. As batching becomes increasingly common, the actual amount of Bitcoin transactions occurring could be higher than the amount of individual transactions that are recorded on the blockchain.
January 16, 2019 5:21 AM

www.longhash.com


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