Bookmarking Crypto Insights
Auto Added by WPeMatico
Bitcoin can now be purchased at 5,200 tobacco shops in France. Fintech startup Keplerk launched the service on Oct. 10 after halting it for many months. France’s 24,000 licensed tobacco shops have diversified into non-tobacco products to boost revenue. Also read: IRS Issues New Crypto Tax Guidance – Experts Weigh In Buy Bitcoin at Tabacs … Read more
Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of the Bitwise Bitcoin ETF Trust were to be listed on … Read more
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. Also read: 10 Tax Tools … Read more
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan. Also read: RBI Ban Stops … Read more
Bitcoin scores high in terms of ‘moneyness’ compared to other forms of money as it has some technical advantages and social inertia. In an interview with Bitcoin.com’s Humans of Bitcoin podcast, brilliant contrarian thinker Sean Walsh shared his opinion about cryptocurrencies and their place within the global financial system. The crypto investor believes decentralized digital … Read more
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide. Also read: RBI Ban Stops Indian Police From Cashing Out Seized Crypto … Read more
FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for the finance sector, along with 20 other top cryptos are accepted at more than … Read more
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about passing on negative rates.” Also read: Massive … Read more
Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good portion of people are … Read more
Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels in order to … Read more
