Tag Archives: Bitcoin

Is Demand For Bitcoin Mining in Decline? Chip Maker Slashes Target

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest dedicated independent chipmaker, has predicted a drop in demand from the cryptocurrency mining community in the fourth quarter this year. The growth target of 7 to 9 percent was slashed to 6.5 percent partly due to the demand dynamics of bitcoin miners. Crypto Mining Demand For TSMC Chips to Weaken… Read More »

Checkbooks Ready! US Marshals to Hold $4 Million Bitcoin Auction

The US Marshals Service has announced an upcoming auction for over $4 million worth of bitcoin seized during various legal proceedings. The sealed bid auction, which is scheduled to take place in November, will offer approximately 660 BTC seized during about 31 federal criminal, civil and administrative cases under the asset forfeiture framework of the The post Checkbooks… Read More »

Japan’s Tax Committee Looks to Simplify Cryptocurrency Gains Reporting

Japan’s Tax Investigation Committee, an advisory body of the government, is looking to simplify its tax filling system as confusion has led to poor reporting of profits with digital currencies in the country. Japan Lawmakers Discuss Ways to Simplify Tax Returns of Cryptocurrency Gains At a meeting held on Wednesday, members of the taxation committee spoke before the… Read More »

Novogratz Says Cryptos Are Safe, Expects Bitcoin to Rally In Q1 2019

Mike Novogratz, a prominent cryptocurrency investor, and CEO of Galaxy Investment Partners has toned down his optimism, reiterating that he doesn’t expect a price surge in the price of Bitcoin until institutional adoption occurs, which could happen in the first half of next year. Speaking with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close,” the The post Novogratz… Read More »

3 Cryptocurrencies Well-Positioned to Beat BTC Price in Q4 (AMB, BCH, ADA)

This week’s cryptocurrencies market analysis will concentrate on technological advancements in the blockchain space in quarter 4. The analysis will focus on major technological upgrades occurring in quarter four along with Ambrosus (AMB) being a top contender to produce returns well in excess of 100% in the immediate short term. 3 Cryptocurrencies We Predicted Would Rally  Last Week’s Piece,… Read More »

Bitcoin’s White Paper Gave Us Liberty – Let’s Not Give It Back

One of bitcoin’s earliest entrepreneurs, Charlie Shrem is the former founder of BitInstant and co-founder of cryptocurrency intelligence service CryptoIQ. This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” opinion series. Ten years after Satoshi published the white paper that gave us bitcoin – and the explosion of innovation it launched –… Read More »

New York City Mansion Hits the Market for Either Cash or Bitcoin

A 10,720-foot mansion next to Manhattan’s Riverside Park is on the market for $15.9 million dollars. The buyer is open to accepting cash or Bitcoin from a buyer. After a five-year renovation project, Roy Niederhoffer is now reluctantly placing his 10,720-foot mansion on the market for $15.9 million dollars, according to Fortune. Nestled close to Riverside Park in… Read More »

Bitcoin Congestion Reaches 95%; Fees Remain Relatively Low

Bitcoin blocks experienced up to 95 percent congestion this month, but it didn’t impact its transaction fees, which remain at around $0.1Cryptocurrency analyst Willy Woo published a graph to demonstrate a stark comparison between BTC transaction fees in two separate congestion episodes. The first case was from 2017, the year that witnessed Bitcoin congestion topping up to 85… Read More »

Square’s Launch of Point-of-Sale Terminal Triggers Speculation for Cryptocurrency Integration

According to the official announcement, consumer and merchant payment network, Square Inc. has launched its point-of-sale (PoS) terminal. While the news in itself was great for the company, the recent activities of Square Inc. make crypto enthusiast believe this device could soon have a cryptocurrency integration. Square’s patent for cryptocurrency payments via merchant integration sparks speculation The launch… Read More »

Square’s Debut of Payment Terminal Triggers Fresh Bitcoin Acceptance Rumors

Consumer and merchant payment network Square Inc. unveiled a point-of-sale (PoS) terminal October 19 in a move which sparked excitement about possible Bitcoin integration. Bitcoin PoS Next For Square? Unveiled on social media and in an interview with tech outlet Nerdist, Square’s device is designed as a standalone solution for merchants wishing to accept card payments. The move comes… Read More »