Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit

The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions.  The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year. Deputy Governor Datuk Abdul Rasheed Ghaffour said all transactions that involve physical […]

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Bakkt Records Second Highest Bitcoin Futures Volume Since Launch

Bakkt saw an overnight spike in Bitcoin futures trading volumes, despite the relatively sluggish price action. BTC’s trek to above the $9,400 mark inspired futures markets to gain activity. Bakkt Grows its Bitcoin Futures Activity Slowly The Bakkt Bitcoin futures platform traded 1,061 contracts today, which is a 96% appreciation from the previous day. ICYMI: […]

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Bitcoin Studies- Coming to a University Near You?

Is Bitcoin (BTC) teachable? As Satoshi Nakamoto once commented on Bitcointalk, “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” Universities Already Hold Courses on Blockchain In 2019, multiple blockchain or BTC courses already exist – so why not an entire undergraduate program dedicated to […]

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Coins From Crypto Hard Forks Create Taxable Income

The Internal Revenue Service released its newest FAQ and guidelines on taxing US nationals for crypto transactions. The updated guidelines may come as a surprise to those that once rejoiced because of hard forks and the “free” coins that came with them. Is a Hard Fork Really Income? Outside of the already established rules for […]

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BitMEX, Binance Bosses Duke It Out On Twitter

Cryptocurrency exchange Binance has sparked the wrath of BitMEX, one of its biggest competitors after claiming to have invented an essential bitcoin trading tool.  Hayes to CZ: Attend My Bitcoin Derivatives Trading 101 In a Twitter debate which continues to play out, Changpeng Zhao, known as CZ in cryptocurrency circles went head to head with […]

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Alchemy Opens Up Bitcoin Payment to 1.2 Million Merchants in Asia

Retail merchants across Asia can now receive bitcoin and cryptocurrency payments via a new hybrid solution launched by Alchemy. Alchemy Launches Hybrid Bitcoin Payment Solution In a press statement issued Wednesday (September 18, 2019), Alchemy — a global crypto payments service provider announced the launch of the platform. Called the Alchemy Hybrid Payment Solution, it […]

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Bitfury Opens Direct Sales Of Bitcoin Mining Equipment To SMEs

Bitcoin mining rig manufacturer, Bitfury, has published prices on its equipment for the first time. According to an article in Russian-language, RBK-Krypto, the company has opened online hardware sales to small and medium-sized enterprises. Manic Bitcoin Miners The equipment now available in Bitfury’s online store, includes the Clarke ASIC chips, B9 Tardis Mining Rigs, and […]

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Bitcoin’s Case ‘Inadvertently’ Advertised By Blackstone Boss

The CEO of the world’s biggest alternative investment firm has unwittingly endorsed bitcoin after suggesting it is a natural tool to avoid government control. Schwarzman: I Don’t Understand Bitcoin In an interview with Fortune on September 17, Blackstone chief Steve Schwarzman acknowledged that governments “need” and “want” to exert influence on their national fiat currencies. […]

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Fed’s $53 Billion ‘Rescue Operation’ is Good News for Bitcoin

More cracks seem to be appearing in US financial markets as the central bank has to step in once again with a rescue effort. A spike in overnight borrowing rates has set alarm bells ringing as the economy teeters on a precipice which could lead to another recession. Good news for bitcoin?  Fed Meddles Again […]

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Bitcoin and Blockchain Boosting Law Intended to Create Jobs

Bitcoin and its underlying technology blockchain are reinvigorating the law intended to create jobs: The Jumpstart Our Business Startups Act. Blockchain To Get the JOBS Act Right The Jumpstart Our Business Startups Act, colloquially known as the JOBS Act, is a law intended to create jobs in the United States. The concept behind it is […]

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