ViaBTC Announces Shutdown of Crypto Mining Contract Market
Jan 8, 2018 at 19:45 UTC by Stan Higgins via Coindesk Chinese bitcoin mining pool ViaBTC has announced that it will close its marketplace for mining contracts this week, a move that comes amid new reports of a ban by authorities in the country. In a Jan. 8 statement, ViaBTC said that it would shut down the […]
Australia’s CommBank Plans to Issue a Bond on the Blockchain
Dec 6, 2017 at 13:00 UTC by Sujha Sundararajan via Coindesk The Commonwealth Bank of Australia has revealed a plan to issue a bond over a blockchain system, possibly as soon as next year. Though few details were revealed, Sophie Gilder, CommBank’s head of blockchain, said that the bond would be transferred and paid for over […]
Bitcoin Can Pay Your Traffic Fines in South Africa
Dec 5, 2017 by Darryn Pollock via Cointelegraph A traffic fines administrator in South Africa has opened up the opportunity for their clients to pay outstanding fines in Bitcoin. The decision by Cornelia van Niekerk has been sparked by the massive mainstream drive Bitcoin recently felt, sparking many businesses into action to adopt. However, her company, […]
Bitcoin Mining Uses More Power Than Most African Countries
Nov 17, 2017 at 04:00 UTC by Gareth Jenkinson via Cointelegraph Mining is the lifeblood of Bitcoin but like any industry, it consumes power to unlock the precious virtual currency. There are massive mining operations around the world and they are bound to be more popping up in the next few years as Bitcoin and […]
South Korea Is Investigating Methods to Tax Bitcoin Users
Dec 4, 2017 by Joseph Young via Cointelegraph Kim Dong-yeon, South Korea’s deputy prime minister and the minister of strategy and finance, revealed earlier this week that the government is investigating various methods to better regulate the local Bitcoin market and tax Bitcoin users accordingly. While the South Korean government and its local financial authorities are actively […]
Bitcoin Futures Trading is Coming to Nasdaq, the World’s Second Largest Stock Market
Nov 29, 2017 by Joseph Young via Cryptocoinsnews The $6.831 trillion stock market Nasdaq, the world’s second-largest stock exchange behind New York Stock Exchange, will enable bitcoin futures trading by mid-2018. Nasdaq and Cantor to Integrate Bitcoin by First Half of 2018 A Wall Street Journal report revealed that Nasdaq and Cantor Fitzgerald & Co. will list bitcoin futures […]
Japan’s BitFlyer Launches Bitcoin Exchange in US Market
Nov 28, 2017 at 16:50 UTC by Stan Higgins via Coindesk Japanese bitcoin exchange bitFlyer has officially launched in the US after receiving approval from regulators like the New York State Department of Financial Services (NYDFS). Announced today, the move concludes a private beta that saw the exchange working with 2,000 initial users. The official launch also […]
Bitcoin Price Tops $10,000 on Korean Exchanges
Nov 27, 2017 at 15:03 UTC by Stan Higgins via Coindesk The price of bitcoin is trading above $10,000 at several South Korea-based bitcoin exchanges, market data reveals. On Bithumb – the region’s largest exchange by trade volume – bitcoin is trading at roughly $10,052. On exchanges Coinone and Korbit, the cryptocurrency is trading at around 10,979,500 KRW ($10,108) and 10,960,500 KRW […]
$9,060: Bitcoin Price Achieves New All-Time High, Moving Closer to $10,000
Nov 26, 2017 by Joseph Young via Cryptocoinsnews The bitcoin price has achieved a new all-time high on November 26 at $9,060, moving closer to the $10,000 region. $10,000 Interim Target of Prominent Analysts Realistic Earlier this year, highly regarded investors and financial analysts including RT’s Max Keiser and billionaire hedge investor Mike Novogratz established […]
Confusion and Euphoria As Bitcoin Cash Surges Past $30 Billion
Nov 12, 2017 at 05:45 UTC by Pete Rizzo via Coindesk BITCOIN CASH IS BITCOIN NOW. Issued by Li Ang, head of China-based bitcoin mining outfit Canoe Pool, the proclamation may not be distinguishable from typical cryptocurrency banter. However, the difference this time around is the context. No idle statement, Ang’s comment comes amid what can only […]