More and more merchants are accepting digital currency for transactions. However, the number of websites and physical locations taking them is still somewhat limited.
Council of State of France has changed the tax rate on cryptocurrency sales from 45 to 19 percent, which is the result of a new classification of Bitcoin. The move came after citizens appealed to France’s highest regulatory body to change harsh regulations for crypto transactions earlier this year.
The Bitcoin price has bounced up to $9,370 following recent a 10 percent decline marked on April 26 that reportedly was triggered by the sale of the Mt. Gox trustee funds while technical figures indicate the feasible potential for a move higher towards major resistance at $10,000.
Speculations are that Mt. Gox trustee Nobuaki Kobayashi is selling more BTC tokens in order to compensate its creditors.
CBOE, the predominant US derivatives exchange that provides Bitcoin futures contracts, passed through the highest trading volume for bitcoin futures. On Wednesday, the volume was nearly three times the average daily volume.
Nasdaq said that for them to enter the crypto-exchange business they would for the regulatory framework to become more strong and promote a healthy and stable environment.
The sources familiar with the matter didn’t confirm anything with surety and said that the deal in currently fluid.
The ambitious project is aiming at conquering the Brazilian crypto market with the help of the lowest rates in the country, up to 90% discounts, referral program and other benefits.
Dow Jones’ subsidiary Marketwatch is adding eight digital currencies on its thacking list. Now information on ether, XRP, bitcoin cash, litecoin, monero, ether classic, dash and zcash will be displayed.
TD Ameritrade introduced the first advertisement created in blockchain, highlighting the way how the world is changed by new technologies.
Hedge fund and asset managers across the globe are getting more serious about cryptocurrencies with a big institutional money likely to flow in.
Bill Baruch, together with a number of other reputed analysts, has expressed a bullish view regarding short-term Bitcoin price movements.
The total number of active nodes on Lightning Network,the most exciting development in the whole blockchain ecosystem, has crossed 2,000, while its total network capacity has passed $150,000.
The overall crypto market valuations have touched $420 billion as Bitcoin Cash and EOS post 10% and 15% gains respectively.
This measure by the Iranian central bank is to control its falling fiat currency ‘Iranian rial’ by limiting the exposure to foreign currencies.