Bitcoin (BTC)

« Nombreuses sont les voix qui prédisent à court ou moyen terme la disparition des espèces et l’avènement d’une société cashless. On ne se contente pas de nous présenter cette évolution comme un avenir inéluctable : on se félicite bien souvent de voir disparaître un support monétaire peu traçable et donc suspect […]. De fait, les espèces possèdent des caractéristiques que ne réunit aucune alternative...

Bitcoin’s price dropped by 3% today, as the cryptocurrency falls to a daily low of $55.5K, which is the 0.382 Fib level. After the quick drop, BTC was able to bounce nicely.Just yesterday, Bitcoin had seen another failed attempt to break the $60k milestone, which brings it to a total of three failed attempts to break the level over the past 3 days.Despite the decrease, the primary cryptocurrency is still trading above a short-term ascending trend line that has been in play since the beginning...

Pakistani province plans to establish two hydroelectric-powered pilot mining farms, hoping to get further exposure to cryptocurrency adoption.Keeping up with the Global Crypto Bullish TrendsThe Pakistani province of Khyber Pakhtunkhwa is reportedly drafting plans to get into the cryptocurrency flow by building two hydroelectric-powered pilot mining farms. According to a recent news report, the region’s authorities have committed to capitalizing on the bullish trends of the global...

L’ancienne Usine Eolane à Montceau-les-Mines pourrait héberger, d’ici la fin de l’année, une ferme de minage de bitcoins. Un retour étonnant sur le sol français quand on sait que le prix de l’électricité en France a depuis longtemps fait fuir les mineurs vers des contrées plus accueillantes. Mais la société Bigblock Datacenter, qui mène cet aspect du projet – qui n’est qu’une partie d’un plan de...

After a few days of flirting with the $60,000 line, BTC has failed at breaching the milestone and has dropped to $57,000. Most large-cap alternative coins are also well in the red, except Ripple (XRP), which has surged by 8% to over $0.51.Bitcoin Drops $3K after Failing at $60K: Whales In Charge?Following a somewhat sharp recovery after the latest steep decline to $53,200, and for the past few days, bitcoin remained relatively stagnant, just beneath the $60,000 price tag. The primary...

Bank of America is clearly no fan of bitcoin. In a recent statement, the financial giant claimed that the only reason people were buying it was because the price keeps going up. Bank of America: Bitcoin Isn’t All It’s Cracked Up to Be Over the past year, several new arguments have been introduced suggesting why people are suddenly crazy about owning bitcoin. The idea that it’s a hedge tool of some kind or that it’s a store of wealth has gotten a lot of people interested....

Graham Ivan Clark – the alleged bitcoin hacker who took over several high-profile Twitter accounts last summer to get his hands on bitcoin he had no claim to – has been sentenced to three years in prison. Graham Clark Will Serve Three Years Despite being an 18-year-old teenager, Clark was looking at roughly ten years in prison, and ultimately accepted the three-year sentence – followed by three years of probation – as part of a plea deal. One could argue that the heavy...

As we have seen in the past, bitcoin doesn’t please everyone. No matter how high it rises or how strong it becomes, the world’s number one digital currency by market always seems to polarize people in ways nobody really considered possible. With bitcoin shooting past $55,000 in recent days, one of the latest haters to emerge is Jeffrey Sachs, a well-known economist. Jeffrey Sachs: Bitcoin Has No Intrinsic Value In a recent conference, Sachs said to all his listeners: I...

Noch immer wird fieberhaft daran gearbeitet, einen Bitcoin-ETF an der New Yorker Börse einzuführen – vor allem die Winklevoss-Brüder sind hier aktiv. In Brasilien ist man schon einen Schritt weiter. Die offizielle Genehmigung für den Bitcoin-ETF und einen weiteren Exchange Traded Fund (ETF) steht. Bitcoin News: Bitcoin-ETF in Brasilien genehmigtDie CVM – die brasilianische Börsenaufsicht – hat in dieser Woche Grünes Licht gegeben. Gleich zwei neuen Cryptocoin-ETFs wurden genehmigt. Darunter...

On the flip side of growing bitcoin adoption, the digital asset is being used to elude taxes in Korea. The intensified effort of the country’s tax agency towards curbing the menace is yielding results, according to a recent report.Nothing is Hidden Under The ChainLast month, the Korean government finalized its decision to levy taxes on bitcoin capital gains. The ruling was in line with the growing acceptance of the digital asset and its similarity with other taxable financial instruments. The...