Overstock Will Be First Major Company to Pay State Taxes in Bitcoin
Online retail giant Overstock will become the first major US company to pay part of its 2019 Ohio state business taxes in bitcoin. Overstock ? which has a blockchain business division ? said the move is part of its ongoing efforts to promote cryptocurrency use. Overstock CEO and founder Patrick Byrne praised Ohio and its treasurer Josh Mandel for making Ohio the first US state to accept bitcoin for tax payments. ?We are proud to partner with forward-thinking governments and officials like Ohio and Treasurer Mandel to help usher in an era of trust through technology for our nation?s essential financial systems,? Byrne remarked in a statement. This posting was obtained by us on January 04, 2019 2:55 PM. Browse www.ccn.com for more.
Overstock Becomes First Major US Company To Pay Taxes In Bitcoin
Reading: Overstock Becomes First Major US Company to Pay Taxes in Bitcoin Georgi Georgiev | Jan 04, 2019 | 06:00 Georgi Georgiev | Jan 04, 2019 | 06:00 Internet retailer Overstock has announced that it intends to become the very first major US-based company to pay a part of its state business tax in Ohio using Bitcoin. According to its own investor portal, US-based internet retailer Overstock is set to pay part of its Ohio state business tax using Bitcoin. Supposedly, by doing so, the retailer will become the first major US company to pay its taxes using the digital currency. Speaking on the matter was Patrick M. Byrne, Overstock CEO and founder, who noted: This item was first found by us on January 04, 2019 2:46 PM. Have a look at bitcoinist.com for more from this source.
Bitcoin White Paper Webcomic by Comics Legend Scott McCloud - 10 years of Bitcoin
bitcoincash:pzycl4x2sc8z8rep6ex9x843qwucd7h3uvy0hrlmjc This item was retrieved by us on January 04, 2019 2:40 PM. Browse whitepaper.coinspice.io to find more similar content.
Stock Market Crash: Good or Bad for Bitcoin (BTC) Market Insights
The utmost question doing the round currently is whether it is worth investing in cryptocurrencies, especially Bitcoin, which is the most valuable digital coin. This is because of some weakness was seen in the stock market in the current week following the weak economic data, as well as, the warning issued by Apple on iPhone sales, which could miss expectations. On the hindsight, it looks like the new asset has an edge after having suffered the most in 2018. There was a twin blow for the stock markets, and both have the origin of China. However, cryptocurrencies movement does not depend on either China or its encouragement currently because of a ban of digital coins in any form in the country. In short, there is little dependence on the biggest economy of the world to promote the new age asset class. This would mean that any unfavorable events or economic weakness in China will not have any impact either on bitcoin or on any other cryptocurrencies. This information was discovered by us on January 04, 2019 1:48 PM. See www.cryptovibes.com to find more similar content.
Why Bitcoin Cash fork BAB is a centralized and shitty token
Unbiased Cryptocurrency News Source Over the period, BAB has become a disgraceful token due to its utterly centralized nature. Since it is a fork of BCH, the parent coin has also suffered a huge deal. Basically, the fork was conducted to reward the miners, but the centralized nature of the tokens has cost them! The community has a different point of views regarding BAB. Some of them say that the team made it ?less-decentralized? in the following weeks after the fork. But a redditer also claimed that this crap was always meant to be centralized from the beginning. Immediately after the Nov 15 fork, there was a virtual war between BSV and BAB. The former happens to be a token for the miners, whereas BAB is mainly for trading purposes and HODLing. Shortly after that, BSV acquired about 2/3rd of the total hash power and threatened to attack BAB?s Proof of Work. This entry was discovered by us on January 04, 2019 1:48 PM. Check out unchaincrypto.com to find more similar content.
Overstock.com Plans on Paying a Portion of its Ohio Taxes Using Bitcoin (BTC)
All your crypto news on the go! The U.S State of Ohio became the first to accept taxes paid using Bitcoin (BTC). Ohio made the announcement back in late November last year and the process of filing involves three steps. First, businesses have to register through the state?s dedicated portal of OhioCrypto.com. Secondly, they need to enter their tax details. Thirdly, the amount due is paid in BTC using a ?compatible? crypto wallet. It is with the availability of such convenience in Ohio, that Overstock.com has announced via its official website, that it will become the first major U.S company to pay a portion of its Ohio state business taxes in BTC. In particular, Overstock plans on paying its Commercial Activity Taxes (CAT) this February using the aforementioned method available on OhioCrypto.com. This data was obtained by us on January 04, 2019 1:07 PM. Check out thecryptobugle.com for complete listings from this source.
The snow from the crypto winter could slowly be starting to melt. An indicator used to detect trend reversals shows that Bitcoin is in its longest buying streak for 6 months.
-Bitcoin news, price, information & analysis Over the past 12 months Bitcoin has continued to fall, dragging the entire crypto market down with it. The daddy of all digital currencies hit a 16 month low in mid-December when it fell below $3,200. Things could be on the verge of a reversal soon though according to analysts. A positive start to 2019 and new technical analysis suggests that trends are about to turn for Bitcoin and its brethren. An indicator used to detect trend reversals shows that Bitcoin is in its longest buying streak for six months according to Forbes. The GTI Vera Convergence Divergence indicator has previously been used to highlight buy signals and it has not been wrong. Bitcoin had a month long rally the last time this indicator showed positive signals. ?Should buying pressure persist as it has over the past 13 days, Bitcoin could continue to see a rise in prices,? Bloomberg added. This data was first found by us on January 04, 2019 12:58 PM. Browse www.newsbtc.com for additional posts.
Top Crypto Gainers: Repo (REPO), Ark (ARK), Holo (HOT), Dentacoin (DCN), Chainlink (LINK) - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
The cryptocurrency table is almost red today, but some certain digital currencies are performing excellently. Here are top 5 gainers among the first 100 coins in the cryptocurrency market. No one in the cryptocurrency space understands the reason why Repo (REPO), has seen a massive price upsurge. As at the time of filing this update, Repo has seen over 47% price upsurge, and stays at the 88 position in the market. The digital token is priced at $0.344133 USD, has a market cap of $37,840,400 USD, with a 24hr market volume of $42,524 USD. Although the repossession industry has not been seeing any meaningful development for some time now, Repo Coin aims to bring the $1 billion auto repossession industry onto the blockchain thereby enhancing the sector. This article was discovered by us on January 04, 2019 12:51 PM. You may want to visit todaysgazette.com for more.
Coingeek: "BOOM and happy 10 year anniversary present to the world by #Bitcoin SV. As I promised 2019 is the year of scaling for original Bitcoin. #BSV mines 103 MB block and other said it could not be done!"
Bitcoin SV (BSV), the only blockchain continuing the original Bitcoin vision, has mined a 103MB block, the world?s largest ever on a public blockchain. The first to ever cross the 100MB threshold, the block was mined on January 3 at block height 563638 containing 460,400 transactions by Mempool, a mining pool based in China. Fittingly, the record-setting block was mined on the 10-year anniversary of the genesis block, which originated the Bitcoin blockchain. This latest scaling achievement confirms Bitcoin SV is on the correct path to becoming the world?s enterprise blockchain. Emerging from the November 15, 2018 contentious hard fork of Bitcoin Cash, BSV is dedicated to preserve Bitcoin?s original design. Named for the ?Satoshi Vision? of Bitcoin?s creator Satoshi Nakamoto, Bitcoin SV?s mission is focused: restore the original Bitcoin protocol, keep it stable, and allow it to massively scale. BSV aims to make Bitcoin the world?s new money used by billions of people, and the global public blockchain upon major enterprises can confidently build. This posting was discovered by us on January 04, 2019 12:40 PM. Check out coingeek.com for additional posts.
Bitcoin Price in Near-term Bias Conflict as $4,000-Resistance Teases
The bitcoin price consolidated this Thursday as $4,000-level continued to block the rally from a breakout attempt. The bitcoin-to-dollar exchange rate dropped as much as 5.36 percent of its value since its yesterday?s high at $3,971. The pair at press time is correcting higher on moderate volumes, up 0.71 percent from its intraday low at $3,758. The US dollar rate is posting minor losses owing to poor export data from the US markets. But its benefits are visibly going to the Japanese yen the most. Bitcoin is heading towards the neckline formation of the inverse head and shoulder pattern in blue, clearly complimenting the selling sentiment below $4,000. Also acting as a strong resistance is the 50-period moving average depicted in navy blue. This posting was found by us on January 04, 2019 12:00 PM. See www.ccn.com for additional posts.
Bitcoin Stands Out from the Rest in 2018
2018 took crypto traders and investors on a wild ride as we continually reached new yearly lows and experienced hopeful but short-lived bull runs. It really was an emotional rollercoaster as the 2017 crypto mania came to a screeching halt before falling off a cliff. A recent Medium post by Jimmy Song, a Bitcoin educator, developer, and entrepreneur, examined what happened this past year and how it has affected Bitcoin. The past year has been a turbulent one for Bitcoin, but then again, what year isn?t? Bitcoin is disruptive and real disruption means that there?s bound to be significant volatility. This item was discovered by us on January 04, 2019 11:47 AM. Browse www.investinblockchain.com for complete listings from this source.
Crypto Giant Coinbase Made Strides In Q4 2018, Even As Bitcoin (BTC) Plunged 40%
-Bitcoin news, price, information & analysis Although Coinbase has recently become a controversial company, especially as it began to add crypto assets left and right, the company has long had an unrelenting drive for innovation. Since setting up shop in 2012, the San Francisco-headquartered startup, headed by a former Airbnb employee with visions of grandeur, has quickly set the industry standard in a number of subsectors. The firm may have started as a consumer-centric exchange, which sported a simple (near-)one-click interface, but Coinbase has evolved far beyond its original premise now. And interestingly, even as digital assets like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) ? Coinbase?s lifeblood ? continue to lose value, the firm has only doubled-down on its expansion and development efforts. This post was first found by us on January 04, 2019 11:17 AM. Browse www.newsbtc.com to find more similar content.
Lawsuit against Craig Wright claims 1 million bitcoin - The Block
The Block is delighted to bring you expert cryptocurrency legal analysis courtesy of Stephen Palley (@stephendpalley) and Nelson M. Rosario (@nelsonmrosario). They summarize three cryptocurrency-related cases on a weekly basis and have given The Block permission to republish their commentary and analysis in full. Part I of this week?s analysis, Crypto Caselaw Minute, is below. There are four billion reasons to read this week?s CCM. Palley looks at a Florida case that deals with the alleged misappropriation of $4 Billion USD in bitcoin, Rosario writes up a new lawsuit filed in federal court in NY that concerns a crypto investment scheme gone wrong, and finally we are lucky to have another guest post from attorney Andrés Chomczyk who gives us the 411 on a bad case for crypto from the Chilean Supreme Court. (As always, Rosario summaries are ?NMR? and Palley summaries are ?SDP?, and for this week our guest summary is labeled ?ACH.?) This piece was first found by us on January 04, 2019 11:15 AM. Visit www.theblockcrypto.com for more from this source.
Bitcoin SV Calls Itself the Original Bitcoin, Reveals New Logo - Finance Magnates
Please check your inbox for our authentication email. Thank you for registering to Finance Magnates. Please open the email we sent you and click on the link to verify your account. An official announcement by the bComm Association, founded by self-proclaimed Bitcoin creator Craig Wright, revealed a new logo for Bitcoin SV, the Bitcoin Cash spinoff that was the result of the massive Bitcoin Cash hard fork debacle that took place earlier this year. Coinciding with the 10th anniversary of the mining of the first block on the Bitcoin network (also known as the ?genesis block?) The announcement and the new logo are both a part of an effort to rebrand Bitcoin SV as ?the rebirth of the original Bitcoin.? This item was retrieved by us on January 04, 2019 10:36 AM. Have a look at www.financemagnates.com for additional posts.
Exploiting the blockchain - authoritarian rulers look to cryptocurrency to maintain their grip on power...
About Global Crypto Press Association Global Technology News Network. Freedom. Democracy. Equality. That?s the promise of cryptocurrency. Blockchain technology was built to decentralize governments and the ... This piece was first found by us on January 04, 2019 10:31 AM. Browse www.globalcryptopress.com to find more similar content.
You can now purchase Bitcoin (BTC) at 10% under current market value on the Vertex Platform.
This data was retrieved by us on January 04, 2019 10:20 AM. Have a look at vertex.market to find more similar content.
Crypto coin trading : What can you expect from Bitcoin in 2019
2018 has been a year full of ups an downs for Bitcoin, in terms of its price. Despite various fluctuations in its price, Bitcoin has grown as an investment vehicle, largely due to the introduction of Bitcoin futures. Even the dynamics related to crypto coin trading changed considerably. While one cannot assure if the Bitcoin market will be bearish or bullish, the predictions for 2019 are likely optimistic. After the price of Bitcoin fell down in 2018, and everyone expected it to recover, although it did not, the market became bearish. Despite this downfall, cryptocurrency investors did not give up completely. This item was found by us on January 04, 2019 9:52 AM. Have a look at www.zedxe.com to find more similar content.
Bitcoin Price Analysis: BTC/USD Support and Resistance Levels to Watch
Bitcoin is still in consolidation mode and is back to testing a near-term support level at the bottom of its triangle pattern. This is also around the latest shoulder of the reversal pattern visible on the same time frame as well. The 100 SMA is above the longer-term 200 SMA, for now, to confirm that the path of least resistance is to the upside. In other words, support is more likely to hold than to break. In addition, the 100 SMA coincides with this triangle bottom to add to its strength as support. The 200 SMA dynamic inflection point is just close by to add another layer of support. However, RSI is on its way down and has some room to head lower before reflecting oversold conditions or exhaustion among sellers. Similarly stochastic is moving south so the price could follow suit while sellers are in control. This information was first seen by us on January 04, 2019 9:24 AM. Have a look at bitcoinerx.com for additional posts.
Overstock Becomes First Major Company to Pay Taxes in Bitcoin
Online retail giant Overstock has announced plans to pay a portion of its annual taxes using Bitcoin this year. The move sees Overstock paying a portion of its state taxes in Ohio using Bitcoin in a pair of ?firsts.? Ohio became the first state in the United States last year to allow taxes to be paid in Bitcoin, while Overstock becomes the first major company to take advantage of Ohio?s openness to cryptocurrency and pay its taxes via Bitcoin. Overstock founder and CEO Patrick Byrne said that his company was ?proud to partner with forward-thinking governments and officials like Ohio and Treasurer Mandel to help usher in an era of trust through technology for our nation?s essential financial systems.? This post was first found by us on January 04, 2019 8:55 AM. You may want to visit ci.covesting.io to find more similar content.
Power of investment mania
With the always useful benefit of hindsight, it is now clear that Bitcoin was perhaps the greatest speculative bubble the world has ever seen. It started humbly enough with Bitcoin trading for less than US$500 before May 2016 before gently rising to less than US$2,000 by May 2017. That was the start of a phenomenal price boom though, with the price of Bitcoin surging by almost 2,800% and reaching an incredible price peak of US$19,783 in December 2017. It has been all downhill since then with the price plummeting all the way down to US$3,500. Unlike similar investment bubbles such as the Dutch tulip bulb mania in the early 17th century, the Japanese property and shares boom of the 1980s and the US dotcom tech bubble, Bitcoin was the first truly global mania. This publication was first found by us on January 04, 2019 8:01 AM. Browse smallcaps.com.au for more from this source.
"Bitcoin: When to Buy (Feat. Lil Coppock Curve)" by trader StrivingYogi published January 03, 2019
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD SPDR S&P 500, GENERAL ELECTRIC COMPANY, ADVANCED MICRO DEVICES, INC., ISHARES MSCI EMERGING INDEX FUND, BANK OF AMERICA CORPORATION, INVESCO QQQ TRUST, SERIES 1 S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100 Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver This entry was discovered by us on January 04, 2019 7:41 AM. Have a look at www.tradingview.com for more from this source.
I think this is an interesting take on fintech and automation, though it is not about bitcoin per se. Not sure if the writer is completely oblivious to crypto
This posting was discovered by us on January 04, 2019 7:03 AM. Check out outline.com for additional posts.
Bitcoin Could Be On The Verge Of A Bull Run Breakout
Bitcoin has been trapped in a year-long bear market, with the bitcoin price losing some 80% in value over the last 12 months and dragging down the wider cryptocurrency market, including the likes of other major coins ripple (XRP) and ethereum. Bitcoin and cryptocurrency investors who have weathered the so-called crypto winter have been somewhat cheered by a positive start to 2019, with many eagerly looking forward to major global stock exchanges offering bitcoin futures contracts and the highly-anticipated Bakkt bitcoin platform. Now, new technical analysis suggests bitcoin could be about to leap higher after months of declines. This information was found by us on January 04, 2019 6:11 AM. See www.forbes.com for more.
Bitcoin and Bitcoin Cash Getting Gaslit by Craig Wright and Calvin Ayre
The two masterminds behind Bitcoin S.V. are once again changing the narrative around Bitcoin; Craig Wright and Calvin Ayre claim that Bitcoin Satoshi?s Vision is the one and only ?true? version of Bitcoin. Craig Wright and Calvin Ayre are former Bitcoin Cash (BCH) loyalists that split from the cryptocurrency to form their own coin, Bitcoin Satoshi?s Vision (BSV). In a fashion similar to Bitcoin Cash?s fork with Bitcoin, the disagreements between Craig Wright and Roger Ver culminated in a bloody split. The Bitcoin ABC version of Bitcoin Cash remained BCH, and Wright?s fork became BSV. BSV has adopted a ?no true Scotsman? stance to its rhetoric. On his own news portal, CoinGeek, Calvin Ayre claims: This entry was first seen by us on January 04, 2019 5:37 AM. Browse cryptoslate.com for more from this source.
Overstock Becomes the First Major US Company to Pay Business Tax in Bitcoin
The cryptocurrency-friendly company Overstock.com announced on Thursday that company will be paying part of its business taxes to the state of Ohio using bitcoin. Overstock will use the state?s Ohiocrypto.com website to pay for the corporation?s commercial activities tax this year. Also read: 10 Years Ago Bitcoin?s Genesis Block Changed the Course of History Last November, the U.S. state of Ohio launched a payment portal that allows businesses to pay taxes with bitcoin core (BTC) and bitcoin cash (BCH) via Bitpay?s payment services. On Jan. 3, Overstock announced it was the first major U.S. company to pay a portion of its Ohio state business taxes with cryptocurrencies. Overstock CEO and founder Patrick Byrne detailed during the announcement that forward-thinking states like Ohio will help ensure the U.S. doesn?t get left behind during the digital revolution. This publication was discovered by us on January 04, 2019 5:17 AM. Browse news.bitcoin.com to find more similar content.
Wall Street Pours $24 Billion Into Bitcoin and Crypto, Plus Ripple and XRP, Tron, Ethereum, Litecoin, Stellar, Cardano: Crypto News Alert | The Daily Hodl
From more evidence of institutional interest in Bitcoin and cryptocurrency to an imminent upgrade for Ethereum, here?s a look at some of the stories breaking in the world of crypto. Goldman Sachs-backed Circle is reporting a whopping $24 billion in demand from institutional investors in 2018. In a new blog post, the company says its over-the-counter (OTC) crypto business executed more than 10,000 trades throughout the year, with 36 different crypto assets. ?Our OTC trading business, Circle Trade, has continued to expand despite a tumultuous year for the industry: we onboarded a record number of new institutional clients (more on that below), grew our trading operations to 24/7 with coverage in the US, Europe and Asia, and added significant workflow improvements, including the launch of our RFQ Electronic API? This information was obtained by us on January 04, 2019 5:05 AM. Have a look at dailyhodl.com for more from this source.
The First Bitcoin Block Was Mined 10 Years Ago Today
Bitcoin?s Genesis block, which was mined on January 3, 2009, at 18:15:05 UTC, is now 10 years old. The marking of the 10th anniversary of Bitcoin?s block 0 is, however, not to be confused with the Bitcoin whitepaper?s 10th birthday which was commemorated last year on October 31 in remembrance of the day the whitepaper titled ?Bitcoin: A Peer-to-Peer Electronic Cash System? was released. As CCN reported earlier, Seychelles-based bitcoin exchange, BitMEX, has marked the day by placing an ad on the front page of the British daily The Times with the message ?Thanks Satoshi. We owe you one. Happy 10th Birthday, Bitcoin.? This item was obtained by us on January 04, 2019 4:54 AM. Visit www.ccn.com for complete listings from this source.
Bitcoin cash fork hits investors pocketbooks as two coins slip - Vanguard
A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc The combined value of the two coins spawned from the so-called forking of Bitcoin is less than that of a single Bitcoin Cash coin Wednesday, according to data from exchange Poloniex. Bitcoin Cash SV, as one version is called, is trading at about $96.50, and Bitcoin Cash ABC, the other is $289, or lower than what Bitcoin Cash closed at $425.01 yesterday. The fallout is markedly different from a year ago, when Bitcoin Cash initially split from Bitcoin in August of 2017. The two coins ended up being worth more than Bitcoin alone, benefiting investors. As a result, that split lead to a so-called forking craze, in which multiple developer teams rushed to get out new versions such as Bitcoin Gold by tinkering with the software code. This entry was found by us on January 04, 2019 4:36 AM. Browse www.vanguardngr.com to find more similar content.
Gambling with Bitcoin at Kentucky Derby
US Racing (www.usracing.com), an international online horse racing service, reports a non-insignificant trend in cryptocurrency being used to place wagers on the Kentucky Derby to be held at Churchill Downs on Saturday, May 5. On Saturday, millions of people around the world will be tuning in to watch the 144th Kentucky Derby. While some will make the journey to Louisville, Kentucky to place their wagers at the betting window in person, others will use their local OTBs. Even more people will be placing their Kentucky Derby wagers online at ADWs in the United States and international racebooks. Over $100 million dollars was wagered on last year?s Kentucky Derby race (setting a new record) and many expect to see the overall volume increase in 2018. This article was discovered by us on January 04, 2019 4:28 AM. Check out www.usracing.com for more.
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