Kyrgyzstan Poised to Legitimize Crypto Mining
Kyrgyzstan’s parliament is deliberating on a tax regime for miners that would be the country’s first regulated framework for crypto activities. Go to Source Powered by WPeMatico
Month: June 2020
Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and the coronavirus pandemic as the fuel behind bitcoin’s maturity, particularly when benchmarked … Read more
‘Bitcoin and Black America’ Author: Protest by Buying BTC
Author Isaiah Jackson says Bitcoin can be an effective protest against financial institutions for those who can’t take to the streets. Go to Source Powered by WPeMatico
New Head of US Regulator and Former Coinbase Lawyer Invites Banks and Crypto to Collaborate
Following a request for input on how crypto and banking can work together, new acting Comptroller of the Currency Brian Brooks talks first priorities in work with the industry. Go to Source Powered by WPeMatico
Patoshi Researcher: ‘Satoshi won’t use his coins ever’
Renowned researcher believes that Satoshi was altruistic and thus will never spend his 1.1 Bitcoins, making it the fairest asset. Go to Source Powered by WPeMatico
A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC
Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal with the fact that onchain bitcoin transactions … Read more
Bitcoin and Gold are key Assets for 2020, Bloomberg Analysts Claim
When looking for financial assets that may appreciate in value over time, many different options can be explored. If Bloomberg analysts are to be believed, all one needs is Bitcoin and gold to make a steady profit. Most of the financial markets had their key weaknesses exposed in recent months. All You Need is Bitcoin … Read more
Coronavirus Lockdown Boosts Bitcoin Trading in Russia
COVID-19 pandemic seems to be one of the drivers behind the recent sharp increase in Bitcoin trading volume across Russia. Go to Source Powered by WPeMatico
Both NXT and Algorand Claim To Have Developed First Proof-of-Stake Chain
Algorand claims in its promotional materials to be the first PoS blockchain, but NXT lead developer says his project was first. Go to Source Powered by WPeMatico
Ethereum Community Debates Raising the Block Size Limit, Once Again
The Ethereum network has become highly congested since the end of April, leading some to entertain a gas limit or block size increase. Go to Source Powered by WPeMatico
