Bookmarking Crypto Insights
Auto Added by WPeMatico
Russian intelligence officers accused of meddling in the 2016 presidential elections in the US have used bitcoin to finance their campaign, cover the tracks and obscure their identities, a new federal indictment suggests. You can check the details in today’s edition of Bitcoin in Brief. Also in the daily, billionaire Steven Cohen invests in crypto … Read more
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on … Read more
New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs.” Also Read: Cash … Read more
If you are thinking of decamping from Bitcoin to invest in the various altcoins anticipating higher returns, don’t. According to Bart Smith of the Susquehanna International Group, Bitcoin is still the best bet and will continue to dominate the market. The rise of altcoins at the end of last year occurred because investors were excited … Read more
Have you lost faith in your Bitcoin prediction for the year? Has the recent downward spiral of the crypto markets caused you to lower your prediction? Julian Hosp, the co-founder of crypto startup TenX, is unfazed by the current market conditions. To the contrary, he remains bullish on Bitcoin, predicting that the crypto king will … Read more
At press time, the father of cryptocurrency is up by $100 from yesterday afternoon and trading for about $6,250. It’s always a good sign to see bitcoin pulling itself out of a dark hole, and while it can’t be said if recovery is imminent or not, the currency is beginning to show signs of life … Read more
The U.S. Department of Justice charges 12 Russian intelligence officers with using cryptocurrency mining to fund their “interference” in the 2016 U.S. presidential elections Go to Source Powered by WPeMatico
Bitcoin prices bounce off weekly lows of $6,180 to hold support above $6,200 Go to Source Powered by WPeMatico
Japanese police have seized cryptocurrency belonging to a man with unpaid parking fines. The police explain that the revised fund settlement law enacted in April last year allows cryptocurrency to be seized like any other asset. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Seized for Parking Violations The Hyogo Prefectural Police traffic guidance … Read more
Various banks and financial institutions around the world have a negative view of cryptocurrencies. Although some banks have revised their outlooks, it appears the Bank of Finland is not among them. Its new paper on Bitcoin and other virtual currencies shows there is still a distinct lack of trust and belief in this growing industry. … Read more