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Showing posts with the label 2018 at 10:15AM

Cryptocurrency This Week: Venezuela's 'Crypto Offer' To India, Bitcoin Fraud And More

Dr. Doom a.k.a Nouriel Roubini, an Economist and Professor at New York University who was among the first ones to predict the financial crisis of 2007-2008 hunted down the cryptocurrency Bitcoin and the underlying technology, blockchain. Nouriel went on say, “Bitcoin is just bullshit” and blockchain is ... from Google Alert - cryptocurrency https://ift.tt/2FLRcqv via IFTTT https://ift.tt/eA8V8J

US Judge Rejects Alibaba Infringement Motion to Block 'Alibabacoin' Cryptocurrency

A U.S. federal judge rejected Alibaba Group Holdings Ltd.'s move to block Dubai cryptocurrency firm Alibabacoin Foundation from using the Alibaba name for its Alibabacoin virtual currency. In his ruling, Judge Paul Oetken of the Southern District of New York (i.e., Manhattan) denied Alibaba's motion on ... from Google Alert - cryptocurrency https://ift.tt/2w74EFF via IFTTT https://ift.tt/eA8V8J

Tax cutbacks for cryptocurrency trades from 45% to 19% – The French Council of State

The French Council of State has decided to change the classification based on taxation of cryptocurrency related trades. This is the main reason for the reduction of taxes in France. Since July 2014, the profits from cryptocurrency is being taxed under the category of industrial and commercial profits [BIC] ... from Google Alert - cryptocurrency https://ift.tt/2vVmo6U via IFTTT https://ift.tt/eA8V8J

Financial Firms are Ready to Enter the Cryptocurrency Market Says New Survey From Thomson ...

A Thomson Reuters survey claims that one in five financial institutions are considering cryptocurrency trading in 2018, with many planning to do so in the next few months. The survey by the leading professional market news service was conducted with over 400 Thomson Reuters trading solutions clients ... from Google Alert - cryptocurrency https://ift.tt/2Kf4nUb via IFTTT https://ift.tt/eA8V8J

South Korea's Bitcoin Price Premium Returns as Crypto Market Climbs to $385 Billion

Over the past seven days, the cryptocurrency market has increased in value from $324 billion to $385 billion, as the bitcoin price increased from $8,000 to $8,800 and other major cryptocurrencies also recorded gains in the 10 to 20 percent range. from Google Alert - cryptocurrency https://ift.tt/2HReIoD via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Market Surges to $365 Billion, Start of a Bull Rally?

Throughout this week, as CCN reported, the cryptocurrency market has been eyeing a move towards the $350 billion region. Earlier today, on April 20, strong performances of major cryptocurrencies like bitcoin and Ethereum have led the valuation of the cryptocurrency market to surge to $365 billion. from Google Alert - cryptocurrency https://ift.tt/2HeD2nt via IFTTT https://ift.tt/eA8V8J

In South Korea, overseas cryptocurrency offerings skirt local clampdown

Icon, a newly launched South Korean digital currency, is the market's first attempt at changing that deadlock via a simple method: it was issued in Switzerland. Launched by DAYLI Financial Group, Icon is listed in Bithumb and Upbit, South Korea's major cryptocurrency exchanges, and started trading on ... from Google Alert - cryptocurrency https://ift.tt/2qCCMmY via IFTTT https://ift.tt/eA8V8J

In South Korea, overseas cryptocurrency offerings skirt local clampdown

Kim Haw-joon, co-chief of the Korea Blockchain Association, predicted that local exchanges would begin handling more such foreign-issued cryptocurrencies as a way to reinvigorate cryptocurrency trading. Already, a dozen or so South Korean companies have done ICOs overseas. Hyundai BS&C, an ... from Google Alert - cryptocurrency https://ift.tt/2HHcR5Q via IFTTT https://ift.tt/eA8V8J

Cryptocurrency exchange Coinsecure puts Rs 2 crore bounty to recover lost bitcoins

Days after reporting the country's biggest bitcoin theft, India-based cryptocurrency exchange Coinsecure has announced around Rs 2 crore reward for anyone who helps the trading firm recover the lost digital currency. In a update on its website, Coinsecure said: "We are seeking help from the Bitcoin ... from Google Alert - cryptocurrency https://ift.tt/2HxqJPL via IFTTT https://ift.tt/eA8V8J

Yahoo confirms purchase of stake in cryptocurrency exchange

In January, Coincheck became the victim of a cyberattack in which $530 million in cryptocurrency was stolen. Since then, the cryptocurrency exchange has struggled to recover. Japanese regulators blasted the company and demanded immediate action to improve the security of the platform, and new ... from Google Alert - cryptocurrency https://ift.tt/2GY6nhN via IFTTT https://ift.tt/eA8V8J