How Bitcoin will save millions of lives

Ticker 1 BTC = $11511.00 USD  (via Coinbase) 1 ETH = $943.51 USD  (via Coinbase) 1 LTC = $242.49 USD  (via Coinbase) Quotes delayed up to 2 minutes. Kryptous Crypto …

Bitcoin “Failed” as a Currency So Far, Says Bank of England Governor

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Bank of England (BoE) governor Mark Carney recently argued that bitcoin has, so far, “failed” to be a legitimate currency measured by standard benchmarks, as it neither a store of value nor a useful medium of exchange. While speaking at a private event at London’s Regent’s University, the central banker told students that bitcoin fails

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Israel Tax Authority: Bitcoin is Property, Not Currency

Israel Tax Authority: Bitcoin is Property, Not CurrencyIsrael Tax Authority issued a professional circular on February 19 (4 Adar 5768), clarifying the country’s tax policy on cryptocurrencies in general and bitcoin in particular. “Bitcoin and its like” are discussed in what’s referred to as a “final circular” on crypto and value-added tax (VAT) along with capital gains. Also read: Switzerland Enacts ICO Guidelines […]

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Can Default SegWit Support Make Bitcoin Price Rise Even Higher?

Bitcoin is undergoing some big changes as we speak. In the latest client update, SegWit becomes enabled by default. It is a big step forward to improving the scalability of this cryptocurrency ecosystem. Boosting SegWit Adoption Quite some time ago, the Bitcoin network was slated to receive a scaling update. Known as Segregated Witness, the … Continue reading Can Default SegWit Support Make Bitcoin Price Rise Even Higher?

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Bitcoin Will Be Taxed as an Asset: Israel Tax Authority

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Israel’s official tax authority has confirmed that cryptocurrencies like bitcoin will be taxed as an asset with investors subject to capital gains tax. In an updated circular released on Monday, the Israel Tax Authority doubled down on its previous position of deeming cryptocurrencies as ‘assets’ rather than currencies. The authority first issued an early official

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Bitcoin Processed $1 Billion While US Banks Stay Closed

Yesterday was President’s Day in America. Schools were shut, no government offices functioned and even the stock markets rested. While the banking system napped though over $7 billion in Bitcoin was traded. Bitcoin Rebounds As Banks Take The Day Off Unlike the stock and commodities markets, cryptocurrency trades 24/7. It recognizes no national holidays, doesn’t … Continue reading Bitcoin Processed $1 Billion While US Banks Stay Closed

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