Since China, Russia, and a few others cracked down hard on Bitcoin, it has been relatively quiet on the regulations front as Bitcoin has continued to soar unbridled. However, the head scratching on how to regulate continues.The next fear, for Former Fortress Hedge Fund Manager Michael Novogratz, is...
The Bitcoin price is continuing on its unparalleled trajectory higher as Wednesday’s new all-time highs reach $13,200.According to average exchange data from Coinmarketcap, Bitcoin was trading just under $13,000 at press time, having corrected after breaking the barrier for the first time.A new record has become an almost...
Mark Yusko, the billionaire investor and founder of Morgan Creek Capital, went on Bloomberg News to defend his prediction that Bitcoin will be worth $400,000 in the long term. Yusko’s now-famous prediction made headlines because of its grandiose scale, and the Bloomberg desk staff had questions.First, when asked...
Indonesia's central bank has revealed is considering new regulations that would outlaw bitcoin transactions from 2018. Bank Indonesia's head of transformation, Onny Widjanarko, said yesterday that the bank is seeking the ban due to concerns over bitcoin's potential use in terrorism financing, money laundering and drug trafficking. The central bank, which has the...
Cøbra, the co-founder and co-owner of massively popular Bitcoin forum Bitcointalk and Bitcoin.org, has criticized a major US-based Bitcoin exchange Bitstamp for listing Bitcoin Cash as Bcash, despite the outrage from the Bitcoin Cash community.Throughout the past few months, some of the most influential investors and figures within...
If CryptoKitties didn't come up in every single session at Token Summit II, it came close enough. But the insanely viral trading game was most often cited not as a success, but as an example of industry challenges. As put forward by developers and entrepreneurs, the world's second-largest blockchain, just...
Ukraine-based shipping firm Varamar Ltd. is reportedly planning to accept Bitcoin as a method of payment in order to bypass sanctions being imposed on certain countries where companies want to do business with the shipper.By using Bitcoin, the firm will avoid the voluminous amount of paperwork related to...
The Reserve Bank of India (RBI) has issued a new warning on cryptocurrencies, the second time this year the central bank has done so. In a short statement published on Dec. 5, the central bank expressed caution to "users, holders and traders" of cryptocurrencies, naming bitcoin in particular. It...
Bitfinex, the world’s largest Bitcoin exchange by daily trading volume, has vowed to pursue legal action against critics including the anonymous blogger “Bitfinex’ed.”Stuard Hoegner, Bitfinex’s in-house counsel, stated:"To date, every claim made by these bad actors has been patently false and made simply to agitate the cryptocurrency ecosystem....
The Tokyo Financial Exchange, one of Japan’s leading financial exchanges, has announced that they will begin preparations for Bitcoin futures offerings at the beginning of 2018. The company boasts some high value trading partners like JP Morgan Chase and Barclays.The announcement suggests that the exchange will build a...