Bookmarking Crypto Insights
Auto Added by WPeMatico
Russia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions … Read more
New weekly highs weren’t enough to keep Bitcoin above $11,000 Friday. #NEWS Go to Source Powered by WPeMatico
It appears there is a lot of misinformation on the internet when it comes to cryptocurrencies and the associated electricity usage. More specifically, most sources claim Bitcoin mining uses a lot of energy, which is absolutely correct. However, it seems the situation is being blown out of proportion completely. The Truth About Cryptocurrency Mining According to … Read more
According to regional reports, China’s police agency is allegedly monitoring cryptocurrency exchanges based outside of the country. An informant details that China’s Public Information Network Security Supervision task-force is closely watching both domestic and foreign trading platforms involved with cryptocurrencies to prevent fraud, pyramid schemes, and money laundering. Also Read: British Man in Amsterdam Allegedly … Read more
If you are holding the cryptocurrency for the benefit of someone else, who has to pay the taxes? #EXPERT_TAKE Go to Source Powered by WPeMatico
Perhaps cryptocurrency’s largest institutional nemesis is JP Morgan Chase. Led by the ever-belligerent Jamie Dimon, it and he have taken numerous opportunities to sandbag bitcoin and its spawn. Theories about why have long circled, but now there appears to be proof the legacy bank is threatened by decentralized currency in digital form, according to an … Read more
Referring to Bitcoin, Wall Street investor Bill Miller says “bubbles are necessary” to test the endurance of new inventions. #NEWS Go to Source Powered by WPeMatico
Canada-based gold trading company Goldmoney expands its crypto cold storage with two more coins. #NEWS Go to Source Powered by WPeMatico
The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according … Read more
The news that mobile payment app Circle had acquired Poloniex had many people’s interest piqued, but the real story behind it is the way in which Goldman Sachs is maneuvering into the cryptocurrency space #FOLLOW-UP Go to Source Powered by WPeMatico