Category: Bitcoin

Bitcoin Singapore is well set for first Bitcoin dispute trial

Singapore is well set for first Bitcoin dispute trial

The first legal dispute with leading cryptocurrency- Bitcoin is on the way to trial at SICC (Singapore International Commercial Court). According to the Strait Times stated that reportedly B2C2 have sued the Quoine Bitcoin exchange in May for the issue of illegal trading. Recently, the judgment was passed by Simon Thorley, SICC International judge that …

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Bitcoin One thousand people own 40% of Bitcoin market: Bitcoin whales

One thousand people own 40% of Bitcoin market: Bitcoin whales

Bitcoin whales can send prices plummeting by selling even a portion of their holdings. Many traders worry about moves by these whales for various reasons. For instance, on November 12, someone moved 25,000 bitcoins, worth about $159 million to an online exchange, prompting some people to think he wanted to sell the currency. About 40 …

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Bitcoin Bitcoin will be a ‘multi trillion-dollar asset,’ says Cameron Winklevoss

Bitcoin will be a ‘multi trillion-dollar asset,’ says Cameron Winklevoss

Cameron Winklevoss, one half of the twins who have become world’s first Bitcoin billionaires says surge in Bitcoin will continue. The two invested in Bitcoin when it was just $120 and now they have over $1 billion worth of Bitcoins. Cameron and Tyler Winklevoss were paid $65 million after winning a lawsuit against Facebook founder …

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Bitcoin Goldman Sachs to trade Bitcoin futures for clients

Goldman Sachs to trade Bitcoin futures for clients

Goldman Sachs, the global finance market’s second largest investment bank behind JPMorgan. Since it will debut Bitcoin futures in the coming weeks after major exchanges list the products. The company said trades made by Goldman Sachs on behalf of its clients would be processed on a case-by-case basis. This is according to a source familiar …

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Bitcoin Wall street banks opposing Bitcoin futures products

Wall street banks opposing Bitcoin futures products

Just a few days prior to the introduction of CBOE Bitcoin futures products this Sunday 12, Wall Street banks are up in arms against the products citing fears that the market may fail to cope with the cryptocurrency’s volatile price swings. Futures Industry Association on Thursday wrote an open letter Commodity Futures Trading Commission in …

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Bitcoin South Korean Government prohibits Bitcoin Futures trading

South Korean Government prohibits Bitcoin Futures trading

South Korean regulators have banned Bitcoin future trading and other derivatives related to Bitcoin according to The Korea Herald. The South Korean Financial Services Commission sent the order through the Korea Financial Investment Association (KOFIA) this week. It prompted eBest Investment & Securities and Shinhan Financial to cancel their seminars previously scheduled for December 14 …

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Bitcoin Andreas Antonopoulos gets BTC “goodwill donations” after spat with Roger Ver

Andreas Antonopoulos gets BTC “goodwill donations” after spat with Roger Ver

Crypto community on Twitter, Facebook and Reddit responded by expressing support and sending 7 BTC “goodwill donations” to Bitcoin community’s resident scholar and lecturer, Andreas Antonopoulos after a Twitter exchange with Roger Ver. Roger Ver tweeted about Andreas Antonopoulos’ professed lack of BTC riches. “Andreas is one of the most eloquent speakers on the topic …

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Bitcoin The shipping company Ukrainian tactics to accept Bitcoin payment

The shipping company Ukrainian tactics to accept Bitcoin payment

Reportedly, Varamar Ltd, the Ukrainian based shipping company aiming to accept Bitcoin payment. Since to avoid sanctions applied on several countries wherein firms want to tie up with shippers. However, the use of bitcoin, the company will lessen the enormous amount of paperwork. Besides, the lower fees for all the parties included in transactions. According …

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Bitcoin More Bitcoin forks coming from this December

More Bitcoin forks coming from this December

Bitcoin rose from below $6,000 to more than $13,000 today in less than one month and a half but is expecting more forks. At least three this month and more to come in 2018. We already talked about Bitcoin God, coming this December 25, but the latest announcement includes plans to launch Super Bitcoin on …

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Bitcoin Bitcoin God will be forked on Christmas Day

Bitcoin God will be forked on Christmas Day

Bitcoin forks will most likely become more common and is not even clear whether some are genuine projects or scams out to steal coins from people. ‘Bitcoin God’ will reportedly be forked on December 25 by a well-known Chinese cryptocurrency investor Chandler Guo who announced the plan yesterday. The rumor — or may be a …

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Bitcoin Bulgaria’s Varna University of Management to offer Bitcoin scholarships

Bulgaria’s Varna University of Management to offer Bitcoin scholarships

Bulgaria-based Varna University of Management, an international business school, has announced that ten candidates who applied for Software Engineering bachelor’s program undertake the studies starting Fall 2018 semester. The value is 1000 EUR per semester and the students can choose whether to receive it in Euro currency. Else, equivalent of Bitcoins scholarships will be issues …

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Bitcoin CBOE to launch Bitcoin futures trading on Sunday

CBOE to launch Bitcoin futures trading on Sunday

Chicago-based Cboe Futures Exchange (CFE) will list Bitcoin futures contracts for trading this Sunday December 10 for trading starting 5 p.m. CT under the ticker symbol “XBT.” The company will also waive trading fees for the products for December. It said that developing a regulated derivatives market was the next logical. Besides crucial step towards …

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Bitcoin The Winklevoss twins are now popularized as world’s first Bitcoin Billionaires

The Winklevoss twins are now popularized as world’s first Bitcoin Billionaires

As Bitcoin, the leading cryptocurrency surpasses the high mark of $11000 for the first time. According to the Telegraph, Tyler and Cameron Winklevoss twins, who were well known for indicting Mark Zuckerberg, the founder of Facebook in 2008. Thus, they were claiming that he had stolen the social network idea from them. Thus, they received …

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Bitcoin Bank Indonesia central bank plans to prohibit Bitcoin in 2018

Bank Indonesia central bank plans to prohibit Bitcoin in 2018

Reportedly, Agus Martowardojo, the governor of country’ central bank, Bank Indonesia (BI) is implementing regulation to sweep ban on Bitcoin trading. According to Pikiran Rakyat, local publication, during the central’s bank annual meeting last week, central bank made revelation. Thus, claiming that mutilate regulation was obligatory to maintain the fiat currency. He explains, “We [will] …

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Bitcoin Millennials chose Bitcoin over Traditional banking

Millennials chose Bitcoin over Traditional banking

According to a recent survey by Coinspectator.com, around 65 percent of millennials are investing in one of the prominent digital currency – Bitcoin claiming their funds are safer there than banks, and in order to earn more in crypto trading. Compared to older counterparts, it is much easier for younger generation to grasp the new …

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Bitcoin Bitcoin Diamond improves on Bitcoin transactions

Bitcoin Diamond improves on Bitcoin transactions

Hard forks on blockchain are not uncommon…not even on the oldest Bitcoin project. Bitcoin Diamond BCD is finally born as from November 24, and on block 495866, as a result of dissatisfaction of two miners who were not happy with the problems of Bitcoin BTC. There will be 210 million BCD in total with 170 …

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Bitcoin Bitcoin is just like financial equivalent of Brexit

Bitcoin is just like financial equivalent of Brexit

Delusions about rising of Bitcoin are undependable and unreliable because no one knows whether the price will rise or fall or whether Bitcoin will even disappear, so thinks Allister Heath of Telegraph. He says the claim to know future prices of Bitcoin is baseless and finally ends up disappointing those who “jump off the ship …

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Bitcoin 2018 is likely to see McDonald’s accepting Bitcoin

2018 is likely to see McDonald’s accepting Bitcoin

No doubt, Bitcoin has an immense year throughout. Besides, though we had ups and downs, critics but more we had great growth. Bitcoin’s rapid growth is leading to more number of adoptions of cryptocurrencies and Blockchain technology. Since most of the huge companies have started using Bitcoin. Recently, the source stated that Bitcoin is now …

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Bitcoin Yapese -Rai of Yap and its similarity with cryptocurrencies

Yapese -Rai of Yap and its similarity with cryptocurrencies

The Yapese, who lived on a tiny island in the Western Pacific located between Guam and Philippines called Yap, used the Rai of Yap as their currency dating 1,500 years ago. It has some similarity with Bitcoin and altcoins of today. Understanding them can help further understanding of cryptocurrencies. While many communities chose to use …

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Bitcoin 90 percent of mobile-based cryptocurrency apps are insecure

90 percent of mobile-based cryptocurrency apps are insecure

A web security firm has found out in an analysis that 90 percent of mobile apps used in cryptocurrency dealings are insecure and have vulnerabilities that could give hackers leeway. High-Tech Bridge—a Switzerland-based web security company says 90 percent of cryptocurrency apps on Google Play, including very popular ones with more than 500,000 installations, have …

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Bitcoin Professor Joseph Stigliz says Bitcoin must be ‘prohibited’

Professor Joseph Stigliz says Bitcoin must be ‘prohibited’

Joseph Stiglitz, who was a former chief economist and now a professor at Columbia University wants a Bitcoin ban. Reportedly, he says that Bitcoin market is deriving most of its potential from circumventing government agencies and lack of oversight. He says the many fluctuations in Bitcoin market affects investors and thus it must be prohibited …

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Bitcoin Jack Bogle says ‘avoid bitcoin like a plague’

Jack Bogle says ‘avoid bitcoin like a plague’

Bitcoin is a hot topic at the moment after breaking a record of $10,000. This year it has had an incredible growth. Vangurad Group founder Jack Bogle now warns investors to keep their fund away from the Bitcoin industry. Himself a legendary investor, Bogle founded Vanguard Group Inc at 88 years of age and is …

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Bitcoin Is Elon Musk the real originator of Bitcoin?

Is Elon Musk the real originator of Bitcoin?

From the time when Bitcoin initiated to enhance its popularity, users have wondered about the person or maybe group behind it. Since we all only aware of the nickname Satoshi Nakamoto but no one know the real identity. Is Elon Mask the real originator of Bitcoin? Musk proclaims in response to a digital currency sites’ …

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Bitcoin Michael Novogratz says easily Bitcoin could hit $40000 by 2018

Michael Novogratz says easily Bitcoin could hit $40000 by 2018

On Monday, Michael Novogratz, former hedge fund manager says that bitcoin will be four times multiples in next few months. On Monday, Michael Novogratz said to CNBC’s, “Bitcoin could be at $40,000 at the end of 2018. It easily could, Fast Money. Ethereum, which I think just touched $500 or is getting close, could be …

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Bitcoin Cryptocurrency futures contracts seems to be a troublesome for Bitcoin

Cryptocurrency futures contracts seems to be a troublesome for Bitcoin

Cryptocurrency futures contracts are likely to spell trouble for Bitcoin and altcoins. However, they are likely to keep the cryptocurrencies from reaching their true purported market value. Since it happens in the precious metals markets, says Ian Bezek, an associate analyst for Value Investor’s Edge who previously worked for Kerrisdale, a New York activist hedge …

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Bitcoin North Korea students taught Bitcoin crash course

North Korea students taught Bitcoin crash course

Founder of Bitcoin startup Chainside, Federico Tenga from Italy traveled to Pyongyang in November to teach elite students about Bitcoin and related blockchain technology . At the only foreign funded North Korea’s Pyongyang University of Science and Technology. This happened after he contacted the school to talk about Bitcoin at a finance conference organized there. …

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Bitcoin Bitcoin passes $9000 for the first time

Bitcoin passes $9000 for the first time

Bitcoin – the top cryptocurrency has finally reached $9000. World’s top cryptocurrency is now trading at rapid pace, passing over $9000 in a weekend. With the recent prediction of experts Mike Novogratz and Jose Canseco, that Bitcoin will reach $10000,  less than 24 hours, the price has suddenly surged to $9000. At the time of …

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Bitcoin Russian billionaires are all set to invest in digital currency

Russian billionaires are all set to invest in digital currency

Through, Blackmoon Crypto, the European fund, Russian billionaires Roman Abramovich, Aleksandr Frolov and Aleksandr Abramov setting an eye on prominent cryptocurrency bitcoin. The European fund is the tokenization platform for real world and crypto investments. Thus, a subsidiary of Blockmoon Financial aims to establish and sustain the framework for tokenized funds globally. According to the …

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Bitcoin Bitcoin Gold scam worth of $3.3 million in Illegal activities

Bitcoin Gold scam worth of $3.3 million in Illegal activities

Bitcoin users seeking to own shares in the new Bitcoin Gold lost a total of $3.3 million through mybtgwallet.com scam after submitting their private keys or recovery seeds to operators of the scam website. The operators of the website asked for the private keys or recovery seeds claiming they will use them to generate bitcoin …

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Bitcoin Michael Novogratz: Bitcoin protestor too outdated to get crypto world

Michael Novogratz: Bitcoin protestor too outdated to get crypto world

Some of the investors and experts who share their perspective over incredible rally in Bitcoin’s valuation say they still do not understand the actually situation and others name it a scam or bubble. According to Michael Novogratz, a billionaire investor, protesting against Bitcoin is an attitude that might just be due to the fact most …

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Bitcoin Russia is all set to build crypto mining city in Siberia

Russia is all set to build crypto mining city in Siberia

Russia may soon build a city in Siberia with mining resources to help people earn income via mining. The Bitcoin City will be in Siberia or the Far East and not far from a large hydroelectric power station in the area. The business hub could, in future, become a tourist attraction. And attract oversees investors, …

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Bitcoin CME Group to launch bitcoin futures contract by end of this year

CME Group to launch bitcoin futures contract by end of this year

CME Group, the world’s largest derivatives marketplace, has officially announced Tuesday, that its Bitcoin Futures Contract will be starting on December 10. Still, the regulatory review of the contract is pending, but a recent update from CME Group said that, “Effective Sunday 10 December 2017 for trade date Monday 11 December 2017, and pending all …

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Bitcoin A Pac-Man old-school arcade initiates using Bitcoin

A Pac-Man old-school arcade initiates using Bitcoin

An old-school arcade in the capital of New Zealand which is Blenheim completed with Pac-Man. Along with teddy bear claw machines and pinball initiating using Bitcoin. In Blenheim, the Arcadia is speculating and justifies by a twin row of arcade machines peeping and flashing vividly. Recently, it has commenced one crucial detail that you can …

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Bitcoin Bitcoin Black Friday Deals for the Cryptocurrency

Bitcoin Black Friday Deals for the Cryptocurrency

Bitcoin Black Friday! After the thanksgiving, Bitcoiners will start their shopping in earnest. It is competing for shopping dollars by offering exclusive discounts to cryptocurrency users. Recently, hardware manufacturers including Ledger, OpenDime, and Trezor have officially announced various exclusive deals they will offer on Bitcoin Black Friday. CEO at Ledger, Eric Larcheveque told Bitcoin Magazine, …

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Bitcoin Bitcoin is an improbable store of value: Bill Gurley and VC expert

Bitcoin is an improbable store of value: Bill Gurley and VC expert

The investor Bill Gurley and VC expert (Venture Capitalist) believes Bitcoin is an incredible store of value. In CNBC interview, making it clear he believes that a strong future for Bitcoin is more in destabilized economy. Bill Gurley states that he’s positivity on Bitcoin’s future in which other currencies are not in an option. However, …

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Bitcoin Thomas Peterffy the richest person in Florida isn’t fond of Bitcoin

Thomas Peterffy the richest person in Florida isn’t fond of Bitcoin

Recently, on Wall Street Journal, the richest person in Florida warns the rise of Bitcoin that could disrupt the economy. Thomas Peterffy, the richest person in Florida, isn’t a big fan of Bitcoin. Thus, he calls for a ban on Bitcoin. He says, Bitcoin threat to its current business model. But meanwhile, the demand for …

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Bitcoin Mobile apps continue to increase usability of Bitcoin

Mobile apps continue to increase usability of Bitcoin

Android and iOS applications are allowing more people to use and interact with Bitcoin. The digital wallets to multi-currency conversion to in-app purchases and in-app reward schemes. For instance, it is possible to convert Bitcoins to real world currency or fiat on a number of Bitcoin wallets. Bitcoin apps are exploiting content monetization and marketing …

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Bitcoin APMEX Gold Dealer now accepting Bitcoin

APMEX Gold Dealer now accepting Bitcoin

Every customer’s desire is now to be fulfilled, as it is now possible to buy gold with the Digital asset. According to the announcement, the APMEX Company has integrated with BitPay merchant services. Thus, it able to receive digital currencies as well as buyers receives the 4% discounts on cash payments. Also Read: Bitcoin price breaks …

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