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Bitcoin – Page 1681 – DIGIT INFO

Genesis Global’s Bitcoin Loans Hit $553M in 6 Months

Genesis Global Trading has released a financial report for the third quarter that shows the U.S. cryptocurrency lender provided $553 million worth of digital asset loans. These were issued to corporate borrowers such as hedge funds and trading firms in the form of BTC, BCH, ETH and other cryptocurrencies.  Also read: World’s Biggest Banks Helped Clients Steal … Read more

Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill

Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. Also read: Despite Setbacks Crypto Wages Still … Read more

Online Fiat Wallet Neteller Launches Cryptocurrency Exchange Service

Digital fiat currency wallet provider Neteller has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC. The cryptocurrency service is already live in 10 countries and the company “plans to roll it out to more than 50 additional markets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

US Federal Court Fines Bitcoin Ponzi Schemer Over $2.5 Million

A U.S. federal court has fined a New York firm and its chief executive officer over $2.5 million in the first anti-fraud action involving bitcoin filed by the Commodity Futures Trading Commission. The Ponzi scheme involved a fake pooled investment strategy and a “fake computer ‘hack’ that supposedly caused the loss of nearly all customer funds,” … Read more

Bitcoin Price Watch: Currency Remains Still, Futures Trading Is Up

At press time, the price of bitcoin remains virtually unchanged since our previous coverage and is still hovering within the $6,400 range. Apparently, $6,400 has become the new $6,500, or the spot where bitcoin feels the most comfortable. The currency spent several days, if not weeks, traversing the $6,500 boards, but following a $300 drop … Read more

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