Tag Archives: Bitcoin

Legendary Investor: Bitcoin (BTC) Could Bottom At $3,000, Altcoins To Crash

“I’m Believe In The Bitcoin Narrative” Peter Brandt, a legend in the commodity investment realm, recently sat down with CoinTelegraph to discuss his opinions on the current bear market. Although Brandt has traded traditional markets for decades, nearing five at this point, he lauded Bitcoin (BTC). [embedded content] Discussing the bearish market conditions, Brandt first claimed that one… Read More »

Bitcoin Tax Confusion Has Accountants Turning to Specialized Software

Advertisement Every time you convert Bitcoin to anything, be it goods or services, other cryptocurrencies, or even tax payments, it might be a taxable event, depending on your local regulations. It’s not something a lot of cryptonaughts think about when carrying out their daily lives, but potential penalties can be steep for tax evasion. Node40 is a company… Read More »

No, the Price of Bitcoin Didn’t Drop Because of Bomb Threats

Advertisement On Friday, as the Bitcoin price fell by around six percent against the U.S. dollar, several reports claimed that the dominant cryptocurrency dropped in value due to bomb threats. One report from Business Insider Australia, for instance, stated that following an email blast of bomb threats in New York, the price of the crypto asset endured a… Read More »

3 Cryptocurrencies Decoupling From Bitcoin into 2019 (PAL, TRX, WAVES)

2018 was underwhelming compared to 2017. The bear market went into full swing and most cryptocurrencies lost over eighty percent. Bitcoin has begun decoupling from many cryptocurrencies including those having some of the biggest developments of 2018. WAVES, TRX, and PAL are three cryptocurrencies that have persevered through the bear market. These three projects exceeded expectations and even… Read More »

Bitcoin Advocate Mick Mulvaney Announced as the new Chief of Staff by President Trump

President Trump has announced Bitcoin advocate and White House budget director Mick Mulvaney as his new chief of staff. Mulvaney has been interested in Bitcoin since 2014 and has once stated that cryptos can’t be “manipulated” by the government. Bitcoin Supporter in White House US President Donald Trump has named White House budget director Mick Mulvaney who is… Read More »

Cryptojacking Overtakes Ransomware as Top Malware in Some Countries

Cryptojacking, the unauthorized use of another’s hardware to mine cryptocurrency, has become the biggest cyber threat in many parts of the world, Bloomberg reported Dec. 14. According to research from cyber security research firm Kaspersky Lab, cryptojacking overtook ransomware as the biggest cybersecurity threat particularly in the Middle East, Turkey, and Africa. In Afghanistan and Ethiopia over one… Read More »

Canadian Police Warn Public About Emerging Bitcoin Scams

Advertisement Canadian police have warned the public about getting caught up in Bitcoin scams and to exercise some caution when investing their money in cryptocurrency. It has been an interesting year for crypto scams and controversies with some of the most famous names in the world such as Floyd Mayweather and DJ Khaled getting caught up in the… Read More »

President Trump Appoints Bitcoin Proponent as White House Chief of Staff

President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology.  Mulvaney: New Acting Chief of Staff Mick Mulvaney, who’s currently the director of the US Office of Management and Budget (OMB),… Read More »

Crypto Market Risks Dip Below $100 Billion After Dropping $15 Billion in Bad Week

Advertisement In the past seven days, the valuation of the crypto market has dropped from $117 billion to $102 billion, by just over $15 billion. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) performed poorly against the U.S. dollar, experiencing losses above the 10 percent mark. Out of the three most valuable crypto assets in the… Read More »

SeedCX Exchange Is Barring Employees from Crypto Trading

Having traded cryptocurrency with his own money since 2014, software engineer Alex Wachli made a difficult choice when he joined the institutional crypto startup Seed CX. He had to give up trading. Seed CX forbids cryptocurrency trading by its roughly 40 employees. So Walchli effectively locked up his crypto holdings by handing the compliance team a list of all… Read More »