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Bitcoin

32 Results / Page 2 of 4

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Business & Lifestyle

Bitcoin trading: A layman’s guide

There are differing opinions as to whether investing in cryptocurrencies like Bitcoin is helpful or not. The responses and viewpoints regarding Bitcoin purchasing and trading vary from person to person. Three main ways to get Bitcoin There are three primary ways you can get or earn Bitcoin. Firstly, you can earn it by investing in a mining rig to mine the blockchain for rewards. Depending on your required specifications, it could cost you upwards of $10,000. Alternatively, you can opt […]

todayApril 9, 2020 10

Business & Lifestyle

How will America’s increasing debt levels impact the price of Bitcoin?

Debt is often compared to being a double-edged sword. Countries can borrow money to stimulate growth and large internal projects, affording their citizens a better economy to accumulate wealth and a higher quality of living. However, this debt comes with interest, and many countries end up in a vicious cycle of borrowing or printing more money to pay off their debts.  The more money a country borrows, the more it has to pay back in the future. This means future […]

todayJanuary 31, 2020 7

Business & Lifestyle

Proposed legislation in Hawaii would allow banks to serve as cryptocurrency custodians

HONOLULU (Heartland Newsfeed) -- Proposed legislation in Hawaii's state legislature could change the banking system, allowing for the storage and custody of cryptocurrency. Senate Bill 2594 was filed and introduced in the Hawaii Senate with bipartisan support. The legislation would make it legal for banking institutions in the state to hold "digital securities," "virtual currencies," "digital consumer assets" and other "open blockchain tokens" for their customers and allow the court system to hear cases on digital asset claims. Democratic Sens. […]

todayJanuary 23, 2020 6

Business & Lifestyle

Beyond Bitcoin: how developers are helping traditional banks modernize

Bitcoin and blockchain tend to grab headlines in the world of banking. Cryptocurrency is the poster child of “disruptive technology” in the traditionally slow-moving finance industry. But, there are other areas where developers and software engineers must update business-as-usual in banking in order to survive. According to one survey, 80% of bankers agreed that their institution “needs to complete an assessment over the next three years, but only 15% expected that to lead to a modernization effort.” Security threats, the […]

todayNovember 12, 2019 5

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Business & Lifestyle

CONFIRMED: IRS trains staff on finding cryptocurrency wallets

WASHINGTON (CoinDesk) -- The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s according to a slide deck presentation from an IRS cyber training session, which details a number of ways the agency’s criminal investigators might find potential crypto tax cheats. “Issuance of a grand jury subpoena should be considered for Apple, Google and Microsoft for the subject’s complete application download history,” says the slide […]

todayJuly 13, 2019 28

Bitcoin
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Business & Lifestyle

COMMENTARY: Like the government, central banks are afraid of Bitcoin and crypto

(Heartland Newsfeed) -- Since the dawn of cryptocurrency trading, there have always been projections and predictions of doom-and-gloom bear markets. From the amateur day trader to so-called market experts like Jim Cramer, they have all predicted that Bitcoin, everything that encompasses it and the entire cryptocurrency marketplace will collapse into the void in which it came from, or something to such effect. These same predictions also come from ignorant journalists and so-called hubristic economists who know nothing about cryptocurrencies, hence […]

todayJanuary 21, 2019 22

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Business & Lifestyle

Crypto hedge fund ponies up for bet that crypto will perform better in markets

CHAPEL HILL, N.C. (Heartland Newsfeed) -- A North Carolina hedge fund manager is putting forth a huge wager that the crypto market will outperform the S&P 500 by the end of the decade. Morgan Creek, based in Chapel Hill, recently put forth a $1 million wager as an invitation to skeptical investors who believe it will not outperform the Standard & Poors index to put their money where their mouth is, according to a CNBC report. The firm operates the Digital […]

todayDecember 9, 2018 7

Business & Lifestyle

The 21st Money Weekly Newsletter 11/24

Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 11/24   Crypto News & Analysis   Is cryptomining still a viable business? Can individuals create enough revenue to produce a profit from cryptomining? What does the future hold for cryptomining operations?   The new way to make money crypto mining in Sweden is by not paying the electric bill. It sounds funny but this may be the policy of one crypto mining operation that was based in Sweden, […]

todayNovember 26, 2018 7

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Business & Lifestyle

The 21st Money Weekly Newsletter 11/16

Crypto News & Analysis   Bitmain's co-founder Jihan Wu has been removed from the director's chair at Bitmain. It has been reported that Mr. Wu has been demoted to the position of supervisor and no longer has the authority to manage the day to day affairs of Bitmain. An unnamed source from Bitmain disclosed the functions and details of Mr Wu's new role within the company. The source describes Mr. Wu's demotion as follows,   “After changing to a supervisor, […]

todayNovember 17, 2018 5

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