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Korea’s Supreme Court Says Cryptocurrency Has Economic Value, Proper Asset
A ruling by the South Korean Supreme court about the value of cryptocurrency may be the backdoor to unraveling the regulatory boondoggle over custody.
Porn Provider has Bitcoin Seized
The case concerns a pornographer arrested on charges of violating...
Bitcoin Cash Price Analysis: BCH/USD Facing Crucial Resistance
Key Points
Bitcoin cash price continues to struggle to break the $1,040 resistance against the US Dollar.
There is a major bearish trend line forming with resistance near $1,020 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pa...
Bitcoin Trading Helped Square More Than Double in Value Last Year
Shares of payment firm Square Inc. more than doubled in value last year, and the company has seen an almost 50% increase in its stock since it began offering Bitcoin trading to it’s customers in November.
Square Sees Stock Prices Soar Thanks to Bitc...
The Federal Reserve Places Bitcoin Cash at $1800– That’s Where We Fix Our Buy Targets: Bitcoin Cash (BCH) Price Technical Analysis (June 1, 2018)
In the last 24 hours, Bitcoin Cash has been scaling up the bull ladder. It’s up two percent and odds are, BCH prices shall continue appreciating in the days to come. Fundamentals are good and despite their full node migration problems after their har...
Québec Lifts Electricity Ban on Cryptocurrency Miners with New Mandate
The Canadian Province of Québec’s ban on the sale of electricity to cryptocurrency miners has been lifted, with a new decree expected to be put into place to monitor the sale of electricity to miners, according to sources.
Hydro-Québec’s Mandate
In a...
Officials in Venezuela Begin Confiscating Imported Bitcoin Mining Hardware
Venezuela is an important region in the cryptocurrency world. So far, consumers and corporations have shown a keen interest in cryptocurrency. It seems that situation may come to change fairly soon. Local sources indicate the government is confiscati...
Research Paper Refutes Threat to Bitcoin Posed by Quantum Computing
Jeffrey A. Tucker has penned an article to accompany a little-reported research paper that was published last October. The economics writer met with one of the paper’s authors recently to discuss the threat posed to the Bitcoin network by quantum com...
Hong Kong Treasury Rejects Notion of a Central Bank Digital Currency
The Hong Kong Treasury decided against the notion of creating a central bank digital currency (CBDC) yesterday, but said that they will monitor the situation.
Hong Kong is ‘Already Efficient’
Acting Secretary for Financial Services and the Treasury,...
Bittrex to Launch Fiat Trading Options After New Bank Partnership
Seattle-based crypto exchange Bittrex has managed to secure a banking agreement that will allow some customers to trade digital assets directly for U.S. dollars. The company has struck a deal with the New York-based Signature Bank amongst others.
Bit...
AI, Low Energy Consumption to Make Mining More Profitable
A company from Switzerland, Swiss Alps Energy AG (SAE), is planning to return the mining industry to high profits. The plan includes using clean yet cheap energy sources to feed mining rigs, consuming much less energy. The SAE estimates ROI from its...