73-Year-Old Investor Marc Faber Makes First Ever BTC Purchase

In a recent interview with Cash, renowned stock market analyst and investor Marc Faber revealed that he purchased BTC for the first time during late February. The 73-year-old noted that a conversation with the chief executive officer of Xapo, Wences Casares, sealed the deal. Also Read: Up & Down: Large Volume for Today’s Gainers, ENJ […]

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The Daily: Bakkt Shares BTC Futures Details, Kucoin Adds Grin Trading Pairs

The Daily: Kucoin Adds Pairs With Grin, Bakkt Shares Details About BTC FuturesIn the first weekend edition of The Daily, crypto exchange Kucoin lists Mimblewimble coin Grin, giving it several trading pairs, and Bakkt releases product details about its upcoming futures contracts. Also, a Chinese investor sues a famous Israeli crypto entrepreneur for alleged fraud, while Malta issues a warning about a get-rich-quick “Bitcoin Revolution” scam. Also […]

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The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to Miners

The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to MinersCryptocurrency exchange Coinsquare has reached a partnership agreement with a major Canadian bank and we’ve covered the announcement in The Daily. Also in Canada, a large bitcoin farm may be cut off from the grid by a mayor concerned about electricity consumption, and elections in Québec are likely to change the game for mining companies. […]

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Chinese Investor Sues Okcoin Over 38.748 ‘Unclaimed’ BCH

Chinese Investor Sues Okcoin Over 38.748 'Unclaimed' BCHA cryptocurrency investor has brought a lawsuit against cryptocurrency exchange Okcoin regarding 38.748 BCH. The plaintiff accuses the exchange of failing to allow him to claim the Bitcoin Cash that were created following last year’s fork, to which the exchange allegedly responded that he had failed to claim the coins within an apparently undisclosed deadline. […]

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Airbnb, Uber Investor Believes “Everybody Should Put Something Into Crypto”

Airbnb, Uber Investor Believes “Everybody Should Put Something Into Crypto”Jeffrey Wernick, an independent investor who claims to have begun purchasing bitcoin as early as 2009, recently advocated that “everybody should put something into crypto.” The investor also criticized the current financial system, describing cryptocurrency investment as sole viable means through which “a typical middle-class person [can] accumulate wealth.” Also Read: Major Bitcoin ETF Rejected by […]

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Japanese Crypto Exchanges Working on Lowering Margin Trading Limits

Japanese Crypto Exchanges Working on Lowering Margin Trading LimitsJapanese cryptocurrency exchanges may soon set a strict limit on the leverage they offer for margin trading in order to better protect investors. The association comprised of 16 government-approved crypto exchanges is reportedly imposing a leverage limit as part of its self-regulatory rules. There will be a grace period and exceptions. Also read: Yahoo! Japan Confirms […]

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Coinbase Valuation Jumps from $1.6 Billion to as High as $8 Billion

Coinbase Valuation Jumps From $1.6 Billion to as High as $8 BillionThe meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors.   Also Read: Bitcoin […]

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Finland Has Identified Thousands of Bitcoin Traders Who Owe Taxes

Finland Has Identified Thousands of Bitcoin Traders Who Owe TaxesThe Finnish government has revealed the number of taxpayers who owe taxes from bitcoin-related income. The country’s Tax Administration claims to have “different ways to combine information and identify people” who owe taxes from crypto profits, which are now “well over ten times higher than last year.” Also read: Russian Regulators Draft Law to Restrict Crypto […]

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PR: Okoin VR Project Launches 2nd ICO Round

Okoin VR ICOThe OKOIN project launched the second round of the ICO. According to the management of VR Technology, which owns the project, the second round will make the token more liquid and stable after entering the open exchange, and thanks to protection against speculative manipulations. The second round will last from January 25, 2018 to April 25, 2018. For its start, two additional programs are launched: Bounty and Affiliate ones.

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Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved ExchangesThe Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that […]

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