Tag: Crypto

Bitcoin Insights Into 2019
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Bitcoin Insights Into 2019

Since its highest peak in 2017, bitcoin has experienced quite a dramatic plunge. From the bans to regulation crackdowns on ICOs to the continuing trails of exchange hacks. It has been a year to forget for bitcoins and cryptocurrencies in general. But has the tough season prepared bitcoin well enough for tranquil and recuperation? Or…

China Conducts Tax Inspection On Cryptocurrency Mining Farms In The Country
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China Conducts Tax Inspection On Cryptocurrency Mining Farms In The Country

The Chinese government was recently involved in an inspection on Cryptocurrency mining farms in Xinjiang and Guizhou provinces. According to reports from the local media, the government was conducting real-name registration checks and tax inspection. Bitmain has not said whether these activities have affected its operations. Strict Tax Inspection On Crypto Mining Companies China is…

California and Colorado Elect A Pro-Cryptocurrency Governor
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California and Colorado Elect A Pro-Cryptocurrency Governor

Gavin Newsom will take over the California gubernatorial seat from Jerry Brown, a fellow Democrat after winning in the just concluded midterm elections. That’s not all, Newsom is regarded “pro-Bitcoin” and went ahead to accept campaign contributions in the Cryptocurrency. In Colorado, Jared Polis, another strong blockchain crusader has also been elected as the new…

Could Reversing-Altcoin-Ads Be An Indicator Of A Maturing Market?
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Could Reversing-Altcoin-Ads Be An Indicator Of A Maturing Market?

In the first quarter of this year, the virtual currency market appeared to be headed for doom after Twitter, Google, and Facebook banned all Crypto ads. For a long time, many companies dealing with altcoins had been relying on these popular websites to reach their potential investors. Social media was one of the most powerful…

Fidelity Gets Into Crypto Sector With The Launch Of A Crypto Custody Arm
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Fidelity Gets Into Crypto Sector With The Launch Of A Crypto Custody Arm

Fidelity, which currently ranks as fourth in the world’s largest asset managers and boasts of having under its management over $7.2 billion, formally launched its Crypto custody arm on the 15th of October. Fidelity Announcement Breaking Boundaries For Crypto Sector During the launch, the firm’s chief executive Abigail Johnson stated that the firm’s main long-term…

Hong Kong May Consider New Cryptocurrency Regulation
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Hong Kong May Consider New Cryptocurrency Regulation

Hong Kong has expressed the need to protect investors by regulating the virtual currency trading platforms. South China Morning Post quoted the island’s Securities and Futures Commission’s (SFC) outgoing Chairman Carlson Tong Ka-shing saying these words on Monday. Surprising, local Crypto firms supported Ka-shing’s words and expressed their willingness to collaborate. Hong Kong Prefers Crypto…

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