Bitcoin

The Daily: Turbo Tax Adds Crypto Section, Venezuela’s Localbitcoins Record

February 5th, 2019

In this edition of The Daily, tax filing software Turbo Tax has integrated a feature that allows crypto investors to report their capital gains online. Also, Venezuelans have set a new record in P2P trade on Localbitcoins and Brazilians can now pay for movie tickets with digital coins. Traders Can Upload Capital Gains Data Into…

6 Popular Darknet Marketplaces That Accept Cryptocurrency

February 5th, 2019

The P2P exchange of cryptocurrencies for goods and services began life on the darknet, whose underground markets are still thriving today. After connecting to the darknet using the Tor browser, cryptocurrency users can access a range of markets that accept BTC, BCH and other digital assets. Buy Anything You Need in a World Free of…

PR: Coinseed Announces Its SEC Filed Crowdfunding Campaign

February 5th, 2019

Coinseed is a platform for spare-change investment and cash back rewards in crypto. Since they launched in Dec 2017, they have acquired nearly 20k users through organic growth and built several new features. As they are now preparing to scale up the business, Coinseed launched its SEC filed crowdfunding campaign and you can join here….

The Crucible of Privacy: Why Decentralized Exchange Is the Only Way

February 5th, 2019

Decentralization is a core principle of blockchain-based technology. It’s the most important and unique property of the many cryptocurrencies that have launched since the birth of Bitcoin. Decentralization facilitates a move away from centralized control and differentiates crypto from government-backed fiat currencies. It is the crucible of security and privacy. So why, if this concept…

Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee

February 5th, 2019

The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. Impact on the Rupee The Indian government committee tasked with developing the regulatory…

Kraken Acquires British Derivatives Platform Crypto Facilities

February 5th, 2019

Cryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform, and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core, bitcoin cash, ripple, litecoin and ethereum while boosting revenue by attracting institutional customers. ‘Deal Turns…

Cryptograffiti’s Latest ‘Running Bitcoin’ Portrait Sees Auction Bids of Over $30K

February 5th, 2019

In roughly three days, on Feb. 7, Cryptograffiti’s latest art auction on Bitify will come to an end. “Running Bitcoin,” a tribute to the legendary cryptographer Hal Finney, currently has a bid of $31,000 at the time of writing. Over the past few months, Cryptograffiti has been creating very interesting pieces and unique auctions that…

Coinsquare Lays off 40 Employees in a Troublesome Month for Crypto Exchanges

February 4th, 2019

Leading Canadian cryptocurrency exchange Coinsquare has reportedly laid off almost a third of its staff. The news comes after at least five other trading platforms found themselves in trouble during the past month. From the need to adapt to a prolonged bear market, overcome financial difficulties and technical issues, to coping with coin losses and…

Cryptocurrencies Have Spawned an Eclectic Underground Art Movement

February 4th, 2019

What do the art and cryptocurrency worlds have in common? Among other things, the love of the conceptual, evoking of the emotions and the tendency to confuse admirers. Over the past century, we have seen cubism, starting in the early 1900s, which opened the doors for art movements like surrealism, abstract, impressionism and pop art….

Bitcoin [BTC] Enters The Longest Bear Market With A Hope of Revival: Expert Opinion

February 4th, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights: Bitcoin enters the longest bear market From December 2017 the market has slipped nearly 82% The current bear market has lasted for 413 days without indication of a turnaround Bitcoin enters Chinese New Year expecting a turnaround While…