Indian Cryptocurrency Investors Remain Bullish Despite Looming Bank Ban

Even though the current cryptocurrency situation in India doesn’t look all that appealing, most investors aren’t too worried. There is a growing group of cryptocurrency traders who remain confident that Bitcoin and its cohorts will overcome the upcoming bank ban. Cryptocurrencies have seen many setbacks over the years, and it seems this will be another footnote … Read more

JP Morgan Chase Eats Humble Pie, Applies for Blockchain Patent

U.S. Patent and Trademark Office revealed this week JP Morgan Chase applied for a patent related to blockchain back in October of last year. It’s quite the turnaround for the bank, which has been on record as one of bitcoin’s and cryptocurrency’s biggest critics. Also read: Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining … Read more

Venezuela Spends 20,000 Petro to Create a Digital Cryptocurrency Bank

Venezuela is a remarkable country when it comes to cryptocurrency. Despite the Petro currency continuing to be scrutinized left, right, and center, it seems there are big plans for this crypto. More specifically, the government now aims to create a digital cryptocurrency bank directly targeted at younger residents. The venture will receive $1.2 billion worth of funding in the … Read more

@Bitcoin Refers to Bitcoin as a Two-year-old Experimental Cryptocurrency With no Whitepaper

There have been a lot of discussions regarding which currency should call itself Bitcoin. Although one would assume Bitcoin itself would be the most obvious choice, that is not necessarily the case. Bitcoin Cash supporters are convinced there are better currencies out there, including BCH. A recent tweet by @Bitcoin is certainly sparking a lot of … Read more

Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets

The BTC markets have rallied to test resistance at the $10,000 area. Despite gaining 60% in just four weeks, BTC’s recent gains have been significantly overshadowed by those produced by many top performing cryptocurrency markets, including Bitcoin Cash – which has gained more than 225% since it’s early April lows. Also Read: Markets Update: BCH Prices … Read more

This Week in Bitcoin: Bacon War, Mining Trucks and Coinbase Salutes Regulator

From a turf war over “the world’s first” bacon-backed coin to mining trucks chasing cheap electricity across Europe, the cryptocurrency world never has a dull day. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. Also Read: Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin … Read more

Azerbaijan to Tax Crypto Incomes and Profits

Gains from cryptocurrency transactions will be taxed in Azerbaijan, according to a high-ranking official from the Tax Ministry. Authorities in the energy-rich nation intend to tap into both corporate profits and personal incomes. The country has previously taken a conservative stance on cryptocurrencies but the focus on taxation now signals a change in Baku.  Also … Read more

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