Bitcoin News (BTC) - Page 63

Fake News: Russia's Alleged $10 Billion Bitcoin Investment
Recent news that ?Russia will buy $10 billion in Bitcoin and ditch the U.S. dollar? is backed by the flimsiest of evidence. Publications such as The Telegraph, Bitcoinist, and the Daily Hodl been duped? The airwaves were abuzz when news that Russia would buy $10 billion in Bitcoin surfaced. Allegedly, that work was ?underway? to transfer deposits in U.S. Treasuries to BTC. Multiple publications ran the story, Including the British newspaper The Daily Telegraph. Today, CCN raised questions as to whether the story was ?fake news.? However, the source of those claims, tweets form Vladislav Ginko, are questionable, at best:
January 15, 2019 4:34 AM

Bitcoin Bounces to Above $3,700 Leading the Crypto Markets to Surge
-Bitcoin news, price, information & analysis Following the crypto market?s recent downturn that sent many altcoins spiraling down 10% or more as Bitcoin fell to lows of approximately $3,550, the markets have regained some strength and bounced today, leading most altcoins to surge 5% or more. Today?s upwards move after a volatile weekend seems to confirm that Bitcoin is in fact caught in a trading range between $3,550 and $4,200, as analysts previously expected. At the time of writing, Bitcoin is trading up nearly 4% at its current price of $3,710. On Saturday, Bitcoin plunged to lows of $3,550 from the mid-$3,600 region, which appeared to many traders as the continuance of a downwards momentum that Bitcoin has incurred after it failed to stabilize above $4,000 last week.
January 15, 2019 4:19 AM

TrustUnion at Bitcoin Conference, Bangkok, 2018
In this video, the TrustUnion CEO went to the international conference on Blockchain, cryptocurrency, and ICOs. It was held at Pullman Bangkok Grande Sukhumvit, Bangkok, Thailand on  March 6, 2018. The Thailand meeting was the eighth of the 2018 series. BCC comprises a conference featuring new crypto products plus latest trends and an exhibition arena. BCC Format: presentations panel discussions and evening networking sessions BCC-Thailand had two moderators: The organizer smileexpo worked with sponsors (led by DEEX.EXCHANGE) and brought onboard stakeholders from Blockchain brands featuring: At the Thailand conference, Cal had the following to say to Mathias VALON (CEO) and Cyril TERNAY (CTO):
January 15, 2019 4:06 AM

Denmark's Tax Agency to Collect Information About Bitcoin Traders
Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify if citizens who have traded digital assets have paid the right taxes. Information about foreign citizens and entities will be shared with other countries.    Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation Skattestyrelsen, the Danish Tax Agency, announced it has been authorized by the country?s Tax Council, Skatterådet, to obtain information about cryptocurrency trade conducted on three Danish exchanges between Jan. 1, 2016 and Dec. 31, 2018. The authority noted that it?s the first time it will access this kind of data. Karin Bergen, the agency?s director responsible for personal income tax collection, said:
January 15, 2019 3:55 AM

Update: Upvote transactions stored on-chain and open call to Bitcoin explorers
Your upvote has been distributed to the author of the story and the previous upvoters. You will be able to receive rewards from the next upvotes! Current distribution: author (40%), previous upvoters (60%). Uploading to BCH blockchain. This may take a while... You can access it with this identifier: Your content is saved on Bitcoin Cash blockchain. You can access it with any explorer that supports the bitcoinfile protocol. Try here ( Even if your content gets moderated, this reference will be displayed for everyone to check out your content.
January 15, 2019 3:23 AM

The first 6 of the 6500 planned tobacco stores in France have just begun selling Bitcoin
About Global Crypto Press Association Global Technology News Network. If you're reading this article, odds are your first response will be 'I don't need this' and it's probably true.  ...

_unwriter: "Today I present Genesis BitDB, a Bitcoin SV exclusive BitDB node
Today I present Genesis BitDB, a Bitcoin SV exclusive BitDB node. But first, if you aren?t aware of what BitDB is, check out the website to learn more about how BitDB works: Also, before we go in, I would like to emphasize that nothing has changed to the existing BitDB nodes, including both and nodes. Genesis is a new, special BitDB node that runs on Bitcoin SV. Here?s what its explorer looks like: All you need to remember when using the Genesis BitDB is: Use the Bitcoin original address format in all queries, instead of the cash address format from Bitcoin cash. And that?s it! Everything else is the same as other BitDB nodes.
January 15, 2019 1:47 AM

Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto
Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system. Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. OTC trading is popular with institutional investors who trade in large volumes of cryptocurrencies. This form of crypto trading happens between two parties, and it takes place away from the exchanges. OTC trades are often handled via brokers, who offer high-volume traders a trading desk to execute large trades with a faster settlement and lower fees.
January 15, 2019 1:22 AM

Bitcoin is 10 years old
By Paul R. La Monica, CNN Business Updated 2235 GMT (0635 HKT) January 14, 2019 Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. New York (CNN Business)Bitcoin, the world's most famous cryptocurrency, just celebrated its tenth anniversary. Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates.
January 15, 2019 1:10 AM

Bitcoin Cash Technical Analysis: BCH/USD still dangerously close to lower support of range-block formation - Forex Crunch
Spot rate:                  133.20 High:                         136.60 Low:                          122.47 Trend:                        Bullish Support 1:                 119.32, daily pivot point support. Support 2:                 114.01, daily pivot point support. Support 3:                 106.64, daily pivot point support. Resistance 1:            132.01, daily pivot point resistance. Resistance 2:            139.38, daily pivot point resistance. Resistance 3:            144.69, daily pivot point resistance. rex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.
January 15, 2019 1:10 AM

Bitcoin Cash price analysis: Recovery stalls as bears take over - Forex Crunch
Following the slight decline in the market on Sunday, most assets are staging recovery movements, although slight ones. Bitcoin (BTC) for instance has revamped the trend towards $3,600 after sliding below $3,500. However, Bitcoin Cash (BCH) is still in the red after being unable to overcome the resistance at $135. The market, in general, is slightly in the green. The gains come after a $5 billion loss on Sunday. There has been a small recovery on Monday, although assets are still trading close to their recent lows. After Bitcoin Cash failed to sustain growth above $170, it retreated in a stable range between the higher limit at $165 and the support at $ 150. The selloff midway through last week sent the asset tail spinning below several other support areas at $140 and $130. BCH/USD traded lows around $121 before a weak bounce occurred sending it slightly above $135.
January 15, 2019 1:10 AM

How Soon Could We Be Getting Taxed For Our Bitcoin
The CEO and founder of Bittax, Gidi Bar Zakay has recently spoken to Bitcoinist at the Israel Bitcoin Summit on 8th January in Tel-Aviv about cryptocurrency tax obligations for users and how the regulatory landscape is taking shape across the world. To start with, Zakay was asked why he decided to launch Bittax and how Bitcoin taxes differ from regular taxes. ?Not everyone can calculate crypto taxes from their own home. The regular and familiar calculation method ? FIFO (First in First Out) ? isn?t so simple to calculate either, but calculating tax in a way that will simultaneously represent the actual activity in coins, prevent double taxation caused by the exchange of altcoins, allow the user to present the whole image, prevent data omission and save tax payments on activity that does not reflect an actual transaction, is a complex task which cannot be performed with Excel or a simple calculator at home.?
January 15, 2019 1:02 AM

Bitcoin Price Watch: Bitcoin May Need More Regulation if It's to Succeed
At press time, the father of crypto is still trading in the $3,600 range, suggesting there?s been little change over the past week. Bitcoin has developed comfort in its present position, which is annoying (and disheartening) to the rest of us. At the same time, however, the currency did attempt to break present resistance early this morning by moving (albeit briefly) past the $3,700 mark. It stayed there for a few hours before sinking back to its present position. So, what made bitcoin fall back so easily? It?s clearly attempting to move ahead, but it?s having difficulty retaining any sort of meaningful momentum. The big question is, ?Why??
January 15, 2019 12:32 AM

BCH Developer Unveils Xthinner Scaling Protocol Claims to Compress Blocks by 99%
On Sunday, Bitcoin Cash (BCH) developer Jonathan Toomim unveiled a project he?s been working on called Xthinner, a new block propagation protocol that leverages the benefits of lexicographic transaction ordering (LTOR). According to Toomim?s data, Xthinner can compress blocks by 99.6 percent and performs roughly 4x to 6x more efficiently than block propagation concepts like Compact Blocks and Xthin. Also read: Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption Miner and programmer Jonathan Toomim has announced a new block propagation program he?s been working on recently. Toomim first discussed his new concept called Xthinner this past September, in order to exemplify the advantages of the Bitcoin Cash network?s lexical transaction ordering system often referred to as LTOR. In the developer?s recent Medium post, Toomin shows how Xthinner thinned out blocks significantly utilizing ?this one weird trick.? On Sunday, Jan. 13, Toomim unveiled his project to the BCH community on Reddit and explained that Xthinner can handle strenuous network conditions.        
January 14, 2019 11:55 PM

Interview with Desmond Marshall of Rouge Ventures on future of Bitcoin
The founder of Rouge Ventures talks to Blockleaders about the future of Bitcoin, what China has in store for 2019, and offers a unique insight into the thriving Asian crypto market. 2018 will be remembered as the year that crypto investors grew tired of the colour red. Red arrows pointing downwards, red double-digit percentage losses. An appropriate colour for the carnage and bloodletting, perhaps. When I spoke with Desmond Marshall of Rouge Ventures, the markets were enjoying a pre-Christmas bump. Bitcoin is up 10% today. ?Is this the end of the bear market??  I ask, more in hope than expectation. Desmond reminds me that things can change quickly in the world of cryptocurrencies. It?s too early to get excited. Unfortunately, he is proven right when just a few days later the market sinks like the heart of a child returning to school after the holidays.
January 14, 2019 11:47 PM

Bitcoin Analysis
Welcome to the Bitcoin Crypto Profile ? where we share our Bitcoin analysis with you. If you?re thinking about investing in cryptocurrency check out our other articles so you can get an understanding of which investment choices might be right for you! What?s a Bitcoin analysis without first understanding what the platform actually does? Here we?ll dive into BTC?s use case, or in other words, the problem that it is trying to solve. Bitcoin is the first blockchain network ever created. Bitcoin aims to be a peer-to-peer means of exchanging value that doesn?t rely on third party intermediaries. The whitepaper (link above) written by Satoshi Nakamoto explains that a decentralized ledger, encryption, and network consensus can create such a system.
January 14, 2019 11:20 PM

Artwork tribute to Bitcoin legend Hal Finney is up for auction
The artist Cryptograffiti has created a piece of artwork celebrating the contributions of Bitcoin legend Hal Finney. My latest work commemorates the 10th anniversary of @halfin's involvement in Bitcoin. Repurposed credit cards sit atop a used bank deposit box. Inside, a custom @CasaHODL node allows you to "run bitcoin." Embedded is Hal?s signed credit card given to me by his wife Fran. 1/4 ? cryptograffiti (@cryptograffiti) January 11, 2019 Specifically, Cryptograffiti said that his ?latest work commemorates the 10th anniversary of cryptographer Hal Finney?s involvement in Bitcoin.?
January 14, 2019 11:10 PM

Bitcoin is 10 years old
Bitcoin may be the most popular digital currency, but there are about 1500 other cryptocurriences that have emerged since 2009. (CNN) - Bitcoin, the world's most famous cryptocurrency, just celebrated its tenth anniversary. The digital currency has made plenty of strides toward legitimacy since it first launched, but it won't become a mainstream investment without the embrace of the Securities and Exchange Commission. The SEC has yet to give the green light to any bitcoin projects. The agency has already rejected bitcoin ETF plans from Direxion, ProShares and Tyler and Cameron Winklevoss, the twins who became known for their legal battle with Mark Zuckerberg over the origins of the idea for Facebook.
January 14, 2019 11:10 PM

Russia Prepares To Buy Up To $10 Billion In Bitcoin To Evade US Sanctions
The West has forced Russia & China into a partnership that threatens to overtake the West as the economic powerhouse of the world. Case for a pending financial collapse is well grounded. ?Ticking time bomb? created by the Fed is set to go off While the market has been increasingly focused on the rising headwinds in the global economy in general, and China's economic slowdown in particular, while the media is obsessing over daily revelations that Trump may or may not have colluded with Russia to get elected, a far more critical, if underreported, shift has been taking place over the past year. As we reported in June, whether due to concerns over draconian western sanctions and asset confiscations following the poisoning of former Russian military officer Sergei Skripal, or simply because it wanted to diversify away from the dollar, Russia liquidated virtually all of its Treasury holdings in the late spring and early summer, in the process sparking a major repricing of the 10Y US Treasury, whose yield jumped from 2.70% at the start of April to a high of 3.10% in May, a move which economists were struggling to explain at the time.
January 14, 2019 10:40 PM

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