Peter Schiff – a longtime bitcoin skeptic – claims that his digital wallet was somehow compromised; that his password is no longer valid, and all his cryptocurrency funds are frozen.Peter Schiff – All My BTC Is Gone!It’s strange that Schiff owns any bitcoin at all. The man has long claimed that bitcoin is useless, even more useless than marijuana in a recent interview. He previously stated:You can smoke pot and get high. You can’t do anything with bitcoin.The man has long been a hardcore...
Read More »New Crypto Tax Bill Seeks to Help Everyday Consumers
The latest form of crypto-friendly tax reform is coming into play. Last Thursday, a new bill known as the Virtual Currency Tax Fairness Act was introduced and seeks to limit some of the capital gains taxes for those who utilize cryptocurrency to pay for everyday goods and services.A New Crypto Tax Bill That Serves ConsumersThis could ultimately serve the crypto industry quite well. One of the big things that’s getting in the way of cryptocurrencies turning mainstream is that they are not...
Read More »Ex-CFTC Chair: Cryptocurrencies Could Have Mitigated The 2008 Global Financial Crisis
As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo. Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies. The ex-chairman of the United States’ Commodity Futures Trading Commission believes that, had blockchain technology been introduced to the world before the global financial crisis of...
Read More »U.K. Tax Agency Offers a $130,000 Bounty on Privacy Coin Traceability
The U.K’s taxman clamps down on tax evasion and money laundering. HMRC offers $130,000 for anyone who can trace BTC, ETH, and an array of privacy coins. Will the UK become the next crypto hub? The U.K.’s taxman is looking to crack down on private transactions. HM Revenue and Customs (HMRC), the tax authority for the U.K., has granted a bounty of $130,000 (£100,000) for anyone that can effectively track and identify crypto criminals. But what does this mean for privacy...
Read More »Bitcoin Is Not Banned, The Reserve Bank Of India Clarifies
As a response to a legal case filed by the Internet and Mobile Association of India (IAMAI), the Reserve Bank of India (RBI) has now clarified that Bitcoin is not banned in the country. The nation’s central bank says that it has only restricted regulated financial establishments from dealing with anyone using digital assets.RBI in 2020: Bitcoin Not BannedThe IAMAI, also consisting of cryptocurrency exchanges, filed a petition against an RBI directive from 2018. It was considered that the...
Read More »100 Days till Bitcoin Halving Event: BTC Price Is Trying to Reach $9,000 Again
It has been a good start to this year so far for the cryptocurrency markets. The overall cryptocurrency market cap has added over $45 billion since January 1. The cryptocurrency market cap surged from $191 billion to now at $238 billion registering over 20% gains.Bitcoin, the crypto king, has undoubtedly been a star performer as well! In just the first 20 days of 2020, the Bitcoin price surged nearly 30% bringing the excitement back among its investors. Earlier this week, the BTC price...
Read More »ETC Merger with Ethereum 2.0 Shard Is Possible, Says Vitalik Buterin
Ethereum Classic (ETC) has had an exciting start of the year. ETC price has climbed and the token briefly made it to the top ten coins recently. At the time, the leaderboard was dominated by three bitcoins and two eths for several hours.This copy clone of Ethereum can be merged into Ethereum 2.0 in the same way as a new shard-like eth’s current Proof of Work (PoW) chain will be integrated. Ethereum’s co-founder, Vitalik Buterin, publicly said that it is technically very possible. He...
Read More »Nin-Nin, articles de puériculture
Nouvel ajout à la liste des établissements français qui acceptent les paiements en bitcoins : Nin-Nin, articles de puériculture made in France (doudous, chaussons, bavoirs, bonnets, coussins, coffrets de naissance…). « Nin-Nin (on dit N’1-N’1) c’est le doudou français, fun et fabuleusement doux que les bébés adorent. C’est un doudou mixte, c’est un doudou original et c’est un doudou...
Read More »Conférence: Dépasser le Bitcoin
« Décrypter la notion de Bitcoin, comprendre les blockchains et découvrir les nouvelles cryptomonnaies qui vont encore plus loin que le Bitcoin et en corrigent les défauts…Jean-Paul Delahaye, professeur émérite à l’université de Lille, chercheur au CNRS. » Où ? – La Cité des sciences et de l’industrie, 30 avenue Corentin Cariou, 75019 Paris Quand ? – Mercredi 22 janvier à 19h00 En savoir plus : cite-sciences.fr A lire sur le...
Read More »Bitcoin Price Analysis: The Calm Before The Storm? BTC’s Trying To Maintain The Crucial Support Line
Over the past two days, we had seen the price of Bitcoin trading mainly under a very tight range between $8600 and $8700.As a reminder of the recent price action, Bitcoin had gone through a decent rally since starting the new decade.However, right after touching the significant 200-days moving average line (marked light green on the following daily chart), Bitcoin got rejected, plunged more than $700 intraday, and trading safely around the $8600 mark since then.In the micro-level, we can see...
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