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Putin Confirms Russia Will Regulate Cryptocurrencies

Putin Confirms Russia Will Regulate Cryptocurrencies

BITCOIN
Putin Confirms Russia Will Regulate Cryptocurrencies Following the meeting with Vladimir Putin, Russian regulators announced that cryptocurrencies will officially be regulated in Russia. The central bank and the finance ministry will now work together to come up with one draft law to provide a basic regulatory framework for cryptocurrencies including bitcoin, which is expected by the year’s end. Also read: Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies Putin Has Spoken At the meeting on cryptocurrencies between Putin and top Russian regulators on Tuesday, the decision to regulate cryptocurrencies in Russia was reached. “The Russian government has decided to officially regulate the mining and circulation of cryptocurrencies,” RT described and quoted F
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Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain Wallet

Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain Wallet

BITCOIN
Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain Wallet On October 11 the cryptocurrency based multi-service provider, Blockchain, announced the company is now allowing access to Bitcoin Cash using the company’s wallet service. Also Read: XBT Provider Launches First Ethereum Exchange-Traded Notes The Cryptocurrency Wallet Provider Blockchain Adds Bitcoin Cash Support Blockchain, the popular cryptocurrency wallet and block explorer service created in August 2011, has revealed users can now access Bitcoin Cash (BCH) through the firm’s wallet. The company who provides over 17.5M bitcoin wallets initially announced BCH support back in August. Blockchain said at the time it would be monitoring the BCH blockchain for a few weeks, and the startup’s previous statements also
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Bitcoin Surges Past $5,000 USD to Establish New All-Time High

Bitcoin Surges Past $5,000 USD to Establish New All-Time High

BITCOIN
Bitcoin Surges Past $5,000 USD to Establish New All-Time High The price of bitcoin has surged past $5,000 USD today, establishing a new all-time high. The major milestone comprises a complete reversal of the approximately 40 percent drop triggered by China’s cryptocurrency crackdown last month. Also Read: Japan Emerges as the World’s Foremost Hotbed of Bitcoin Trading The Price of Bitcoin Established a New All-Time High of $5219.1 USD at Bitfinex This Morning The major price level of $5,000 has been emphatically broken this morning, as prices surged from $4,900 to over $5,200 in just two hours. At the time of writing, prices appear to be consolidating above the prior resistance of approximately $5,000 USD. The new high comes just thirty days after after bouncing off th
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SEC Unprepared for Bitcoin, Applications Denied and Withdrawn as a Result

SEC Unprepared for Bitcoin, Applications Denied and Withdrawn as a Result

BITCOIN
SEC Unprepared for Bitcoin, Applications Denied and Withdrawn as a Result The Securities and Exchange Commission (SEC) is the U.S.’s independent exchange gatekeeper: without its blessing mainstream trading is not possible. It continues to frustrate would-be bitcoin exchange applicants who are now withdrawing. Even its former head has doubts about the SEC’s competence when it comes to bitcoin. Also read: Bitcoin Core Developer Appeals to SEC Regarding BIT SEC Pushes Bitcoin Listings Back to OTC Companies seeking exchange equity volume and prestige come to the New York Stock Exchange (NYSE). The Big Board, as it’s known, is the world’s most important exchange by the metric of market capitalization. NYSE is also the traditional home to the Dow Jones Industrial Average (DJIA) – which co
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Bitcoin.org Publishes List Against Businesses and Miners Supporting the 2X Fork

Bitcoin.org Publishes List Against Businesses and Miners Supporting the 2X Fork

BITCOIN
Bitcoin.org Publishes List Against Businesses and Miners Supporting the 2X Fork On October 11, the web portal Bitcoin.org published its controversial hard fork warning update that contains a list of companies and services that have pledged to support the Segwit2x hard fork this November. The website operators believe the 2MB fork is not supported by the majority of users and developers within the bitcoin ecosystem, and therefore consider the Segwit2x project a shift towards an incompatible “altcoin.” Also read: Two More Bitcoin Startups Reveal Hard Fork Contingency Plans Bitcoin.org Publishes Controversial Warning Update After Bitcoin.org shamed Segwit2x supporters, cryptocurrency proponents quarreled about the warning over social media. Some praising the move, while others called i
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South Korean Payment App Toss to Add Bitcoin Transactions

South Korean Payment App Toss to Add Bitcoin Transactions

BITCOIN
South Korean Payment App Toss to Add Bitcoin Transactions Former South Korean dentist hoped to smooth payment transactions. He stopped pulling teeth, and began working on a solution. His eighth iteration became Toss, a way to send and receive money peer-to-peer (P2P). Its next step includes bitcoin and even real estate transactions.  Also read: South Korean Crypto Community to Push Back Against ICO Ban South Korea’s 500 Billion USD Consumer Market Known as the most wired country on earth, South Korea is no stranger to using mobile devices as a way of life. The Group of 20 (G-20) nation’s tip-of-the-tongue heavyweights include Samsung, LG Electronics. It also has the highest smartphone usage in the world. With its focus on international trade, domestic payment systems ironically lagg
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The Bitcoin Gold Project Responds to Negative Criticism

The Bitcoin Gold Project Responds to Negative Criticism

BITCOIN
The Bitcoin Gold Project Responds to Negative Criticism Just recently news.Bitcoin.com reported on the alleged hard fork project, Bitcoin Gold, that’s supposedly scheduled to take place on October 25. We also we investigated the project further, while asking the lead developer some questions concerning this proposed fork. Now with only fifteen days left until the team tries to fork the bitcoin protocol, individuals continue to find sketchy aspects about the project making bitcoin proponents everywhere skeptical. Also read: Another Fork? Bitcoin Gold Project Plans to Fork Bitcoin Next Month Bitcoin Gold Project Gains Negative Attention The topic of the Bitcoin Gold (BTG) fork is once again finding its way throughout the cryptocurrency community. Over the past week, a lot of people h
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XBT Provider Launches First Ethereum Exchange-Traded Notes

XBT Provider Launches First Ethereum Exchange-Traded Notes

BITCOIN
XBT Provider Launches First Ethereum Exchange-Traded Notes The issuer of the world’s first bitcoin exchange-traded notes (ETN), XBT Provider, has announced the launch of the first ethereum ETNs. XBT Provider will launch two exchange-traded notes – Ether Tracker One (COINETH) and Ether Tracker Euro (COINETHE). Also Read: XBT Provider Fined by Nasdaq XBT Provider Has Announced the Launch of Two Ethereum ETNs XBT Provider states that the two ETNs are denominated in SEK and EUR respectively, and that pricing will track the value of ethereum “as determined by an index rate comprising the average of the 3 most liquid of a select group of exchanges, daily”. The ETNs will be traded during normal market hours on Nasdaq Stockholm. Laurent Kssis, a representative of XBT Provider, has describe
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Japan Emerges as the World’s Foremost Hotbed of Bitcoin Trading

Japan Emerges as the World’s Foremost Hotbed of Bitcoin Trading

BITCOIN
Japan Emerges as the World’s Foremost Hotbed of Bitcoin Trading Japan has emerged as the largest market for bitcoin trading by volume. This represents a shift from the market dominance controlled by China as a result of the Chinese government blanket banning exchange platforms. Japan, along with South Korea to some extent, now represent major hubs of crypto-finance across the globe.  Also read: Two More Bitcoin Startups Reveal Hard Fork Contingency Plans According to recent data on Cryptocompare, Japan controls 59.77% of the global trading volume. This is over double the bitcoin trading volume conducted in the United States. Currently, the US does 25.97% of bitcoin trading. Japan’s rapid ascent as a bitcoin trading hotbed comes as no surprise, though. The country was poised to adopt
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PR: What’s Killing Cryptocurrency at the Point-Of-Sale and How Graft Can Prevent It

PR: What’s Killing Cryptocurrency at the Point-Of-Sale and How Graft Can Prevent It

BITCOIN
PR: What’s Killing Cryptocurrency at the Point-Of-Sale and How Graft Can Prevent It 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. Credit cards have been a staple payment method for the last 20 or so years. From their humble beginning as a Diner’s card in the 1950s to the modern day’s smart-chip enabled version, they have come a long way and provide great and measurable benefits to their users. Credit cards are pocket-sized, easily portable, and have no intrinsic value in themselves. In addition, true credit cards buy you time t