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Japan’s Labor Ministry is not hiding its confusion as the Tokyo Metropolitan Government and venture companies requested a deregulation of the Labor Standard Act. Japan has respected the “salaries in cash” principle for 70 years under the Labor Standard Act, however with the proliferation of digital money and salaries paid in cryptocurrencies, withdrawing money from … Read more
Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On the contrary, new payment company … Read more
At press time, the father of cryptocurrency has fallen by another $60+ and is trading for about $7,485. This is another massive fall from yesterday’s $7,550, which in turn was a drop from the $8,000+ the currency was enjoying all last week. Overall, things are not looking great for bitcoin. Wall Street player Goldman Sachs … Read more
There is a lot more to cryptocurrency than just Bitcoin and Ethereum. Various altcoins are well worth keeping an eye on, although opinions are divided on which currencies are actually useful. For eToro, Litecoin is definitely worth keeping an eye on, as it is allegedly “vastly undervalued” at its current price. eToro Points to Potential … Read more
Initial coin offerings have been an interesting addition to the world of cryptocurrency. Although not everyone sees merit in this particular business, there are a lot of companies still raising millions of dollars without a working product. July 2018 wasn’t the best month for the industry, as the total capital raised was the lowest since … Read more
Investing in cryptocurrencies is still a very daunting task for most consumers. There is no really convenient way to do so without encountering friction. Cred aims to make a name for itself in this regard, as it is designed to let people create a cryptocurrency portfolio by tapping into 13 different currencies. The Idea Behind … Read more
The cryptocurrency industry is very volatile and strange at certain times. Price changes tend to occur when people least expect it, albeit that is part of what makes the industry so appealing to investors and speculators. In the case of the IOTA price, things are finally looking up after a few rough days. Maintaining this … Read more
Despite an overall bearish momentum affecting all cryptocurrency markets, some currencies still note surprising gains. Most of the gains are associated with currencies which have a small market cap, as those values are easier to manipulate. The GeyserCoin is a very interesting example in this regard, as it fluctuates fairly regularly. Geysercoin Price is Very … Read more
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security … Read more
The controversial political activist and independent journalist Tommy Robinson was sent £20,000 ($26K USD) worth of bitcoin, according to local reports, by supporters to help cover legal costs. Mr. Robinson was arrested two months ago for allegedly violating a contempt of court order. He was sent to a local jail, and recently the court found fault … Read more
