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Bitcoin News

• Japanese Lawmaker Proposes 4 Tax Cuts for Crypto Users and Traders
  A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation. Also read: Indian Supreme […]
• Ukrainian Village Distributes Dividends From Crypto Investment
  Despite the market slump, the head of а village council in Ukraine has managed to earn profit from a cryptocurrency investment he made on behalf of the residents of the Elizavetovka, Dnipropetrovsk region. Earlier this year, Maxim Golosnoy bought a small amount of cryptocurrency using his own savings and has recently distributed dividends to the […]
• Sentiment Analysis Service Predicoin Launches for Cryptocurrency Traders
  Keeping abreast of cryptocurrencies means frequently browsing and interpreting vast amounts of content from various online sources. As the crypto markets expands and matures, information overload becomes a problem. Astute traders are increasingly seeking crypto-specific tools that can distill the noisy input data into quality insights. Predicoin is one such potential solution. Also read: Meet […]
• Fundraiser Aims to Raise $1M in Cryptocurrencies for Venezuelans
  A cryptocurrency “airdrop” fundraiser has been launched to help Venezuelans. People are donating funds via a number of different coins to the citizens of the crisis-stricken South American nation — many of whom are refugees. Also read: Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value Donate Coins to People in Need Launched by Airtm, a […]
• Steady Rise in Small Businesses Accepting Bitcoin Payments in Kenya
  Kenyan health services provider Health Land Spa has started taking BTC and other cryptocurrencies as a means of payment with a view to increasing accountability and averting losses. Across East Africa, cryptocurrency acceptance is on the rise, with at least two restaurants in Uganda and Kenya selling food for virtual currencies. Also read: Wirex Introduces Iban […]
• PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’
  Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same rhetoric used with regard to initial coin offerings (ICOs) in describing STOs, accusing security token offerings of comprising “illegal financial activity.” Also Read: Federal Agents Told This […]
• US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation
  Carol Goforth is a professor at the University of Arkansas School of Law. She recently published a paper about the consequences of having cryptocurrency regulations fall under a number of conflicting laws, defined by various U.S. authorities, all at the same time. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Confusing, Prohibitive […]
• Gibraltar Exchange Obtains Insurance for Crypto Assets as Cyber Attacks Soar
  With cyberattacks on the rise, Gibraltar Blockchain Exchange (GBX) has announced an insurance policy to cover its digital assets in partnership with Gibraltar-based Callaghan Insurance. Cryptocurrencies held in both the hot and cold wallets of the trading platform will be insured. Also read: Report: Swiss City of Zug Named Fastest Growing Tech Hub in Europe Cyber […]
• Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December
  There has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This Silk […]
• Markets Update: Cryptocurrency Traders Are Still Searching for the Elusive ‘Bottom’
  The entire crypto-economy has been meandering just above $109 billion after the last two weeks of market dumps. Volume has been light this week as digital asset enthusiasts and traders are now pondering the crypto market’s next big move. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’ Market Surfers Wait for the […]

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