Tuesday, July 17Your Daily Bitcoin & Altcoin News Portal
Bitcoin Buzz in NFL Playoffs

Bitcoin Buzz in NFL Playoffs

BITCOIN
Please share if you find this article interesting. Bitcoin Buzz in NFL Playoffs Betting has long been a favorite pastime for sports fanatics and that fervor has spilled over into the world of cryptocurrencies. Whether you like to bet on results or enjoy the thrill of spot betting on chance occurrences, there is plenty on offer for the avid gambler. The NFL playoffs are already underway, but it’s not too late to stand a chance to win some Bitcoin during the business-end of the American football season. There is no denying the hype surrounding NFL, especially when we near the Super Bowl which in recent years has garnered no less than 100 mln viewers. So it really is a no-brainer that marrying NFL with the likes of Bitcoin, which was the second most searched news term on Google in 2
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South Korea Found a Way to Tax Cryptocurrencies Under Current Law – Bitcoin News

South Korea Found a Way to Tax Cryptocurrencies Under Current Law – Bitcoin News

BITCOIN
Please share if you find this article interesting. South Korea Found a Way to Tax Cryptocurrencies Under Current Law - Bitcoin News Regulation The South Korean government has announced that some taxes can be applied to cryptocurrencies under the current law, which will be finalized in the first half of this year. Other taxes are also being considered but some are not easily implemented under the current tax system. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Taxes Coming Soon Choi Young-rak. The South Korean government has been discussing ways to tax cryptocurrency transactions. “Virtual currencies are not taxable under the current Income Tax Act,” Chosun described. Previously, the regulators had not confirmed if the curr
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30% of Millenials Prefer to Invest in Bitcoin, Key to Multi-Trillion Dollar Market Cap

PRICE ANALYSIS
Please share if you find this article interesting. 30% of Millenials Prefer to Invest in Bitcoin, Key to Multi-Trillion Dollar Market Cap Blockchain Capital, a cryptocurrency-focused hedge fund and venture capital firm, has revealed in survey that 30 percent of millennials would rather invest in bitcoin and the cryptocurrency market than government bonds or stocks. Millennials Prefer Bitcoin Over Stocks In an interview with Forbes, Timothy Tam, the founder of CoinFi and former hedge fund trader, emphasized that millennials and investors from the traditional finance industry have become more intrigued by bitcoin due to its fixed supply and its exponential growth rate. “There’s limited supply because, aside the fact that there will only ever be 21 million Bitcoins in circulation,
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Bitcoin Price Watch; Trading A Fresh Week

Bitcoin Price Watch; Trading A Fresh Week

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch; Trading A Fresh Week It’s ­Monday morning and it’s time to get things kicked off for a fresh week of trading in the bitcoin price space. Things were particularly volatile over the weekend (which, of course, isn’t a problem for us) and we had a number of opportunities to jump in and out of the markets according to the rules of our intraday strategy on the volatility question. The hope is, that this volatility will continue as we move into the session out of Europe this morning and, beyond, into the US session later on this afternoon. If it does, we should have plenty more opportunities to pull a profit from the market before the day draws to a close. Whatever happens, we will ensure that we have some solid ris
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What Does the Futures Hold for Bitcoin in 2018?

What Does the Futures Hold for Bitcoin in 2018?

BITCOIN
Please share if you find this article interesting. What Does the Futures Hold for Bitcoin in 2018? Predicting is a big part in cryptocurrencies, especially when it comes to prices, but in this volatile market it is not only the price that can see-saw, all kinds of occurrences are affecting this burgeoning market. This has led to people to speculate already what 2018 will hold for the cryptocurrency world. 2017 was definitely a massive platform on which a sturdy foundation was built for this market, but what does 2018 hold? 1. Bitcoin will still be king As Bitcoin peaked to $20,000 just before Christmas last year, it was unstoppable in both its growth and dominance, but since then it has dropped away in both respects as altcoin seasoned opened up the new year. The original cryptoc...
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I Love Bitcoin. That’s Why I Sue Exchanges

I Love Bitcoin. That’s Why I Sue Exchanges

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. I Love Bitcoin. That's Why I Sue Exchanges David Silver is the founder of Silver Miller, one of the preeminent plaintiffs' law firms in crypto litigation. Silver Miller prosecutes cases against wayward cryptocurrency exchanges and misleadingly presented crypto-investment offerings. The firm is focused on representing victims of financial fraud. The following article is an exclusive contribution to CoinDesk's 2017 in Review. "You take the blue pill, the story ends. You wake up in your bed and believewhatever you want to believe. You take the red pill, you stay in Wonderland,and I show you how deep the rabbit hole goes."– Morpheus, "The Matrix" (1999) I grew up the son of a personal injury lawyer in New York and have been exposed
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South Korean Banks Get Flash Probe Into Cryptocurrency Exchange Ties

South Korean Banks Get Flash Probe Into Cryptocurrency Exchange Ties

BITCOIN
Please share if you find this article interesting. South Korean Banks Get Flash Probe Into Cryptocurrency Exchange Ties Authorities in South Korea will inspect six of the country’s major banks for money laundering as part of an unprecedented probe into cryptocurrency links. As local news media report Sunday, the combined move by the Financial Intelligence Unit (FIU) and the Financial Supervisory Service (FSS) aims to decide whether the institutions “carried out their obligations to prevent money laundering in managing virtual accounts.” Woori Bank, Kookmin Bank, Shinhan Bank, NongHyup Bank, Industrial Bank of Korea and Korea Development Bank are due to receive an “extensive probe” which will be complete by Thursday this week. As speculative investments into Bitcoin and altcoins c
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Tron, Cardano, Verge and Ripple – Four Cryptocurrencies That Actually Meet the Definition of Vaporware – Bitcoin News

Tron, Cardano, Verge and Ripple – Four Cryptocurrencies That Actually Meet the Definition of Vaporware – Bitcoin News

BITCOIN
Please share if you find this article interesting. Tron, Cardano, Verge and Ripple – Four Cryptocurrencies That Actually Meet the Definition of Vaporware - Bitcoin News Altcoins ‘Vaporware’ is a term that’s tossed about loosely, often against cryptocurrency projects that have no clear use case. It’s an easy accusation to make given that many crypto projects are still at the development stage, and haven’t had a chance to prove themselves. This year’s vaporware could be next year’s ethereum – or at least so the investors hope. While a vast number of cryptocurrencies are derided as vaporware, the following four attract this jibe more than most. Also read: People Selling ‘Fully Verified’ Crypto-Exchange Accounts On the Rise Catching the Vapors Vaporware has been defined as “soft
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Bitcoin Gold Price Technical Analysis – BTG/USD Eyeing Downside Break

Bitcoin Gold Price Technical Analysis – BTG/USD Eyeing Downside Break

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Gold Price Technical Analysis – BTG/USD Eyeing Downside Break Key Points Bitcoin gold price is currently under pressure and is trading below the $250 support against the US Dollar. There is a crucial ascending channel forming with current support at $240 on the hourly chart of BTG/USD (data feed from Bitfinex). The pair is attempting a downside break below the $240 and $230 support levels. Bitcoin gold price is showing a few bearish signs from $275 against the US Dollar. BTG/USD may decline further toward the $225 level. Bitcoin Gold Price Decline There was a minor upside wave in bitcoin gold price above the $260 level against the US Dollar. The price traded above the $270 level, but failed to gain traction above $275. La
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Weathering the Altcoin Shitstorm (And Investing for the Next One)

Weathering the Altcoin Shitstorm (And Investing for the Next One)

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Weathering the Altcoin Shitstorm (And Investing for the Next One) Brendan Bernstein is a founding member of Tetras Capital Partners, LLC, an investment manager focused on investing in cryptocurrencies and blockchain assets. The crypto market moves in cycles – and understanding these cycles is key to profiting, managing risk and keeping sane. Howard Marks describes two ways to profit from markets: (1) Hold more of the things that rise and less of the things that fall, and (2) cycle adjustment, or trying to have more risk exposure when markets rise and less when they fall. Most people ignore the second part. Yet the key to cycle adjustment is understanding where you are in the cycle and calibrating the risks and rewards to account