Monthly Archives: June 2018

Bitcoin in Brief Saturday: Spanish Parties Back Crypto Draft, Slovenia Adopts Crypto Action Plan

All parties represented in the Spanish Congress have voiced support for a new draft legislation introducing favorable crypto regulations in the country. We’ve covered the details in today’s edition of Bitcoin in Brief. Also, Slovenia adopts a crypto action plan, Estonia drops plans to issue a national cryptocurrency, and Hungary claims it’s ready to join the global blockchain market.   Also read: Bitcoin in Brief Friday: Expanding Horizons in a Bearish Month Spanish Parties Call for Favorable Crypto Regulations Lawmakers in Spain, who have earlier this year […]

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Supplemental IRS Guidance on Taxation of Cryptocurrencies is Needed: Expert Take

What does AICPA says in its second letter to the IRS. In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to george@cointelegraph.com. The views and opinions expressed here are solely those of the author and do […]

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PR: Particl Releases Their Privacy Focused Decentralized Marketplace

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Zug, Switzerland – Particl, an open-source project building privacy focused decentralized applications, has released the Alpha MVP version of their Particl Marketplace – a disruptive way to buy and sell goods online. Released May 31st, 2018, the marketplace is a new featured […]

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Flippening? Bitcoin (BTC) Passed by 35mil Ethereum Unique Addresses

Is the flippening upon us? Ethereum (ETH) advocates are citing block explorer Etherscan claim to passed 35 million unique addresses, a doubling in something like five months, averaging reportedly 100K a day. The last available figures for bitcoin core (BTC) addresses had them at roughly 25 million as of spring this year. ETH enthusiasts are insisting this is a positive step in the march to eventually snatch the number one coin by market capitalization spot. Also read: India Rejects Venezuelan Crypto Despite 30% Discount Flippening Close or […]

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Stripe Founders Discuss Decision to Drop BTC Payment Services

The co-founders of Stripe, brothers Patrick and John Collison, recently discussed the company’s decision to no longer support bitcoin payments, and expressed a willingness to reverse this decision in future. Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty Declining Use of BTC as Means of Payment In a recent interview with Bloomberg, Stripe co-founders John and Patrick Collison shared their view of bitcoin and the cryptocurrency markets, and discussed Stripe’s decision to no longer facilitate BTC payments made earlier this year. When asked whether the company’s […]

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Blockchain Conferences Are the New Music Festivals

Cryptocurrency conferences provide a chance to absorb seminars, panel discussions, and keynote speeches from leading industry figures, and to conduct business face-to-face. At least that’s their official purpose. Unofficially, they’re an experiential extravaganza that puts some of the world’s most famous music festivals to shame. Also read: Japan’s GMO Upgrades Margin Services, Launches Wallet and In-Game BTC Rewards Crypto Conferences in 2018: Less Studying, More Partying There were moments at the Futurama Blockchain Innovators Summit, held in Dubai on May 3-6, when you could have sworn you were […]

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Adult Film Star Brenna Sparks Discusses Transforming the Sex Industry With Bitcoin

This week news.Bitcoin.com spoke with the adult film star Brenna Sparks about how she’s been relentlessly promoting cryptocurrencies to her co-workers and peers throughout the sex industry. Sparks is a big believer in Bitcoin technology and thinks that someday in the future it will revolutionize the entire adult industry. Furthermore, Sparks is planning to film a few tutorials on how to use cryptocurrencies like Bitcoin, but with a catch — Brenna plans on filming the educational videos naked. We decided to chat with Brenna about cryptocurrencies so […]

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Estonia Rolls Back Its Plan to Issue National Digital Currency

Estonia has rolled back its plans to issue a national cryptocurrency, Estcoin, after criticism from the European Central Bank Estonia rolled back its plan to establish a national cryptocurrency Estcoin following criticism from the President of the European Central Bank, Mario Draghi, and local banking authorities, Bloomberg reported June 1. The managing director of the Estonian e-residency program, Kaspar Korjus, proposed the development and issuance of Estcoin in August last year. Along with becoming Estonia’s national virtual currency, Estcoin would ostensibly evolve into the official currency for […]

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New York State Legislature Proposes Creation of Cryptocurrency Task Force

The New York state legislature has proposed establishing a crypto task force to examine the potential effects of digital currencies on financial markets in the state. The banks committee of the New York state legislature voted on Wednesday, May 30 to progress a bill that would create a digital currency task force. The task force would study the potential effects of the implementation of cryptocurrencies on financial markets in the state of New York. If passed, the bill would establish a group consisting of nine members which […]

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Beverage-Blockchain Stock Jumps, Loses Gains in Same Hour

A beverage-turned-blockchain company’s stock jumped, then fell today following the announcement of a “strategic transformation plan.” Shares of Future Fintech Group Inc., formerly SkyPeople Fruit Juice Inc., jumped and subsequently fell following announcements of a “strategic transformation plan” involving blockchain, Bloomberg reports June 1. Future Fintech’s shares jumped 27 percent following the announcement Friday, but the rally did not last long. In the course of half an hour the stock had lost most its gains. When markets closed on Friday, shares were trading up 1.4 percent at […]

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