Friday, August 23Your Daily Bitcoin & Altcoin News Portal
New Bitcoin-Only Shop Open in New Hampshire – Bitcoin News

New Bitcoin-Only Shop Open in New Hampshire – Bitcoin News

BITCOIN
Please share if you find this article interesting. New Bitcoin-Only Shop Open in New Hampshire - Bitcoin News Featured Derrick J. Freeman and Steven Zeiler founded what they claim is the first crypto-only brick and mortar retail establishment in the US, the Free State Bitcoin Shoppe. Visitors pay for merchandise with cryptocurrencies like bitcoin. If they don’t have cryptocurrency, the store clerk helps them download and fund their first wallet. They checkout using an Ipad in a Square stand running New Hampshire-based free point-of-sale software Anypay. News.Bitcoin.com caught up with Mr. Freeman for an exclusive interview. Also read: India Searches for Ethereum Over Bitcoin Bitcoin Shoppe is Crypto-Only Portsmouth, New Hampshire hasn’t been widely thought to be a hotbed of
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Former Core Developer Mike Hearn Returns for Some Bitcoin Cash Q&A – Bitcoin News

Former Core Developer Mike Hearn Returns for Some Bitcoin Cash Q&A – Bitcoin News

BITCOIN
Please share if you find this article interesting. Former Core Developer Mike Hearn Returns for Some Bitcoin Cash Q&A - Bitcoin News News On April 5 the former bitcoin core developer Mike Hearn came back to do an Ask-Me-Anything (AMA) on the Reddit forum /r/btc. It’s been a while since Hearn has chatted with the bitcoin community, and one could say he left the development scene a few years ago due to the vitriolic strife over the scaling debate. Hearn explains ever since the birth of the Bitcoin Cash network he’s been getting a lot of emails asking him to return and help develop the nascent BCH blockchain. Also read: New Karate Combat League Arena Features Bitcoin Symbol Mike Hearn Discusses Bitcoin Cash and His Project Corda With the Community Mike Hearn is a well-known fig
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Bitcoin Cash Price Technical Analysis – BCH/USD Could Recover Short-term

Bitcoin Cash Price Technical Analysis – BCH/USD Could Recover Short-term

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD Could Recover Short-term Key Points Bitcoin cash price fell to a new low below the $620 level recently against the US Dollar. There is a new connecting bearish trend line forming with resistance at $640 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair remains supported on the downside near the $615-620 area in the near term. Bitcoin cash price is holding a crucial support near $620 against the US Dollar. BCH/USD may recover in the short term above the $650 level. Bitcoin Cash Price Resistance There were more declines below the $630 level in bitcoin cash price against the US Dollar. The price even broke the last low and traded to a new monthly low of $616.1.
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Bitcoin in Brief Friday: Satoshi’s Birthday and Tezos Turmoil – Bitcoin News

Bitcoin in Brief Friday: Satoshi’s Birthday and Tezos Turmoil – Bitcoin News

BITCOIN
Please share if you find this article interesting. Bitcoin in Brief Friday: Satoshi’s Birthday and Tezos Turmoil - Bitcoin News Featured Welcome to the Friday edition of Bitcoin in Brief. The fourth instalment of this new feature from news.Bitcoin.com is the most eclectic yet, encompassing everything from Satoshi Nakamoto’s faux birthday to juicy snippets from the Tezos lawsuit. According to court documents, the project’s co-founder, Kathleen Breitman is a “one woman band”. Also read: Bitcoin in Brief Thursday: Busted in Bangkok Happy Birthday Satoshi Wherever You Are On Thursday, bitcoin’s pseudonymous creator was sent birthday greetings from all corners of the cryptosphere. The DOB Satoshi Nakamoto entered on his Bitcointalk forum profile is almost certainly not his true
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Centralized Ripple Is Probably a Security Token – Bitcoin News

Centralized Ripple Is Probably a Security Token – Bitcoin News

BITCOIN
Please share if you find this article interesting. Centralized Ripple Is Probably a Security Token - Bitcoin News Altcoins A primary attraction of decentralized cryptocurrencies is that they’re censorship-resistant. The more centralized a coin is, the easier it is for its supply to be controlled. But there’s another problem with overly-centralized cryptocurrencies such as ripple: they risk being classified as a security, which brings all kinds of problems. Also read: Emin Gün Sirer Discusses Cryptocurrency Academics and Proof-of-Stake How Centralized Must a Cryptocurrency Be Before It Becomes a Security? Ripple has long been criticized for its centralization. These concerns have revolved around the degree to which Ripple, or its partner exchanges – aka Ripple Gateways – have
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Roger Ver vs Samson Mow: Passionate Debates On Bitcoin Scaling At Deconomy 2018

Roger Ver vs Samson Mow: Passionate Debates On Bitcoin Scaling At Deconomy 2018

BITCOIN
Please share if you find this article interesting. Roger Ver vs Samson Mow: Passionate Debates On Bitcoin Scaling At Deconomy 2018 A panel discussion dedicated to Bitcoin (BTC) scaling between Bitcoin.com CEO Roger Ver and Blockstream Chief Strategy Officer Samson Mow turned into a battle of visions at the Distributed Economy’s (Deconomy 2018) first annual Blockchain forum in Seoul, South Korea, April 3rd. The two-day event, which took place from April 3rd to 4th, brought together Blockchain enthusiasts, entrepreneurs, and leaders in the field aiming to cover the hottest topics in the industry. The issue of Bitcoin scalability has always been a persistent and painful problem of the first cryptocurrency due to the constant increase in the number of transactions on the chain and th
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Danske Bank Bans Investments in Cryptocurrency-Related Instruments

Danske Bank Bans Investments in Cryptocurrency-Related Instruments

BITCOIN
Please share if you find this article interesting. Danske Bank Bans Investments in Cryptocurrency-Related Instruments Finance Leading Danish bank, Danske Bank, has published a document announcing that the company does not wish to “support the investment environment surrounding cryptocurrencies.” Danske bank will “phase out the possibility of” its customers purchasing financial instruments comprising cryptocurrency derivatives. Despite the bank’s concerns pertaining to the risks associated with cryptocurrencies, Danske customers will still be able to purchase virtual currencies via credit card. Also Read: Iranian Officials Issue Contradictory Statements Regarding Telegram Ban  Danske Publishes Dismissive Appraisal of Cryptocurrency Markets Danske Bank has published a document
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R3 Researcher Predicts Central Bank Digital Currency Will Kick Off In 2018

R3 Researcher Predicts Central Bank Digital Currency Will Kick Off In 2018

BITCOIN
Please share if you find this article interesting. R3 Researcher Predicts Central Bank Digital Currency Will Kick Off In 2018 Anthony Lewis, research director at global banking consortium and enterprise software firm R3, predicted that a central bank issued digital currency (CBDC) will be implemented in 2018 in a panel discussion at Deconomy in South Korea April 4. “For wholesale use (of CBDC), I think we are looking at this year. We have had conversations with central banks who have mandates to fix certain payment problems, and one solution they look to is a Blockchain type of platform,” he said. CBDC is a digital currency issued by a central bank whose legal tender status depends on government regulation or law. The “wholesale” variant of CBDC limits its use to financial instit
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Arizona Blockchain Bill Signed Into State Law

Arizona Blockchain Bill Signed Into State Law

BITCOIN
Please share if you find this article interesting. Arizona Blockchain Bill Signed Into State Law A bill allowing corporations to hold and share data on a distributed ledger was officially signed into Arizona state law by Governor Doug Ducey, according to a legislation tracker April 3.   The Arizona House of Representatives passed HB 2603 with 56 in favor, 3 against, and 1 abstention. The Arizona Senate proceeded to pass the bill unanimously. The bill was first introduced as an amendment to the Arizona Revised Statutes by Rep. Jeff Weninger in February, one of three bills aiming “to open the door for emerging technologies in Arizona.” HB 2602 and HB 2601 are both awaiting a third reading in the Arizona Senate. The former would prohibit towns from restricting cryptocurrency mining
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Wall Street Bitcoin Bull Tom Lee Predicts “Massive Outflow” Of Crypto Before Tax Day

Wall Street Bitcoin Bull Tom Lee Predicts “Massive Outflow” Of Crypto Before Tax Day

BITCOIN
Please share if you find this article interesting. Wall Street Bitcoin Bull Tom Lee Predicts “Massive Outflow” Of Crypto Before Tax Day Fundstrat’s Tom Lee has predicted a “massive outflow” of cryptocurrency to fiat in the lead up to tax day in the US, CNBC reports today, April 5. In a Thursday report Lee notes that, since US households owe an estimated $25 bln in capital gains taxes due to their crypto holdings, and crypto exchanges also will owe income taxes, both households and exchanges will be selling their crypto to pay the US government: “We believe there is selling pressure by crypto exchanges who are subject to income tax in U.S. jurisdictions. Many exchanges have net income in 2017 [of more than] $1 bln and keep working capital in [Bitcoin]/[Ethereum], not USD — hence,