Browsing Category
Bitcoin
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported.
In August, the agency announced new rules…
Read More...
Read More...
As Founder Reportedly Arrested, OKEx Holds $2.3 Billion in Bitcoin
A few hours ago, global cryptocurrency exchange giant OKEx halted withdrawals much to the chagrin of traders and investors. Bitcoin prices fell as a response to additional reports of founder Xu Mingxing being arrested over a week ago.…
Read More...
Read More...
After Square, Coinbase Will Now Fund Bitcoin Development With a New Grants Program
In hopes of regaining the support of the cryptocurrency community after the ‘apolitical’ stunt, Coinbase has decided to fund ‘at-least’ two Bitcoin Core developers. This sponsorship act marks the debut for Crypto…
Read More...
Read More...
Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged.…
Read More...
Read More...
Crypto Trader Who Morphed Minuscule Bitcoin Portfolio Into $100,000 Says He’s Preparing for Altcoin…
A popular Bitcoin trader who turned about $2,000 in Bitcoin into $100,000 in just three weeks is now shifting part of his portfolio into altcoins in anticipation of a bull run.
The pseudonymous trader SalsaTekila says he’s using…
Read More...
Read More...
Bitcoin.com Exchange Announces Public Sale of the Atari Token on October 29, 2020
Price per Atari Token: $0.25
IEO platform has been enabled for prospective purchasers to pass KYC before public sale
NEW YORK/ PARIS – October 16, 2020 – Bitcoin.com Exchange, one of the leading authorities in cryptocurrency…
Read More...
Read More...
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value.
Does Bitcoin Have…
Read More...
Read More...
Bitcoin Mining Rigs Struggle for Profits, Despite BTC’s Hashrate Reaching an All-Time High
Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining…
Read More...
Read More...
Investors Pumped $1.05 Billion into Grayscale’s Bitcoin, Ethereum, XRP and Altcoin Products in…
Grayscale, the world’s leading digital asset management company, says a record-breaking $1.05 billion worth of investments flowed into its family of digital products in Q3 2020.
This is the firm’s third consecutive record-breaking…
Read More...
Read More...
Philippines Regulator Warns Investors to Steer Clear of Mining City’s Bitcoin Vault Ponzi
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the…
Read More...
Read More...