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but coin dot-com nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon electro new home etn launches $80 smartphone that mine’s crypto blocked James startup electro loom has just launched a dirt cheap Android smartphone that mine’s cryptocurrency announcing the news on Monday the firm said its new m1 is a Google mobile services GMs – certified smartphone that comes with a cloud mining technology integration enabling users to earn crypto through an app the $80 smartphone however will at launch mine only electro moons native token etn with acclaimed monthly return of up to three dollars once setup mining can be carried out offline the firm said the ETM toe concerned by users can be utilized to pay for services such as mobile top-ups online services and shopping it’s also tradable exchanges with 1 et:n worth around 0.007 $3.00 a time of writing according to data from kim market cap it has a market capitalization of around 65 million dollars currently the m1 offers 4G 8 GB 32 GB of storage and 2 SIM slots and is powered by a quad-core 1.3 GHz processor cameras are a less than overwhelming 5 megapixels rare and 2 megapixels front the device is apparently being offered at the price of reconditioned hounds set because electro noon is looking to target developing countries and grow the adoption of flocked Shane and Crick currencies in some countries the firm may price the phone even lower at around $60 to start with we will be selling the m1 in South Africa as this is our first launch market Nick cook head of operations at Alette clone unit tall coin desk the m1 will be sold through local vendors cook father said that the device will also be sold over Amazon in South Africa in the coming weeks electro looms founder and CEO Richard else said in a separate statement shared with coin desk South Africa was an obvious choice for us we carried out a large survey in the country and found that ninety seven percent of those who responded said they would like to use etn to pay for mobile airtime and data electro knew has partnered with cybersecurity firm hacker 1 which is also used by the US Department of Defense to secure its network cooked old coin desk m1 image courtesy of electro new thanks for watching The Ohio Bitcoin kampf Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer Christ’s articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither a ohio bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct to trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon Stark’s will allow Bitcoin payments in store in 2019 new leaked information shows that Starbucks has received a significant stake in the backed crypto platform in exchange for Starbucks installing backs payment software in its stores allowing customers to pay with Bitcoin and crypto in August last year Starbucks surprisingly announced that they will work with the Bitcoin futures platform backed what was initially interpreted as accepting Starbucks payments in Bitcoin was later clarified as a partnership in which backed only takes over the trading and conversion of Bitcoin and fiat currencies with which customers can pay for articles at Starbucks instead of paying directly with Bitcoin for a coffee at Starbucks there is still a conversion of Bitcoin through the batch software into Fiat still many people were curious as to why the partnership actually came about and what Starbucks would expect to associate with Bitcoin a recent report shows that Starbucks actually had something to acquire namely a significant stake in backed the coffee giant acquired its shares in a mutually beneficial agreement although the details are not known the share was described as disproportionately high because they did not invest cash dot Starbucks will install Beck’s payment software in its stores which customers can use to pay for using crypto thereafter a conversion to Fiat immediately succeeds in keeping cryptocurrencies out of Starbucks books scooped at Starbucks received significant equity an ad backed in return for commitment to allow Bitcoin payments in store in 2019 Genesis via at I would furred HTTP colon slash slash T Co /o b z heat 1 v o z he opec twitter.com lips blue mic dudas add new dunas March 4th 2019 launch of fact is imminent backed plans to introduce a range of cryptographic services in 2019 the company is currently working on the introduction of sicles security Bitcoin futures subject to approval by the US Commodity Futures Trading Commission originally the launch of the BTC futures was scheduled for January 24th 2019 however due to the recent shutdown of the US government and hence the closing authority the CFTC Commodity Futures Trading Commission there has been a continued delay in its launch the second phase of the operation which includes the partnership with Starbucks and Microsoft is expected to begin later this year the second phase is focused on leveraging Microsoft’s cloud solutions to enable people to buy sell store and spend cryptocurrencies on a global network which supports the above plan providing Starbucks customers an opportunity to buy coffee with Bitcoin thanks for watching The Ohio Bitcoin com Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon Block B launches interest-bearing savings accounts for cryptocurrencies on March 4th cryptocurrency back to United States dollars lending platform Bluff he announced the launch of a new savings program called the block fee interest account via having started as a private beta Service bias are now available to the public who can store Bitcoin core BTC and ethereum and and receive 6% annual interest paid monthly in cryptocurrencies also read an in-depth look at F areum’s maker and dice tablet coins Block B introduces savings account that earns our return on BTC and F Holdings from taka and Z lending company Block B has initiated a new service that provides investors with annual interest on stored cryptocurrencies the block fee interest account BIA enables customers to earn six point two percent of the year compounded monthly by simply storing BTC or F in an account last July Block B raised 52 point 5 million dollars to get the company rolling with a funding round led by Michael Novogratz company galaxy digital in August the lending firm was approved to operate its services in California according to block P the newly created via savings program was initially launched in private beta and managed to attract 10 million dollar worth of ethnic BTC from retail corporate and institutional investors the launch of BIA is another significant step in blocked fees goal of becoming the go-to provider of financial services for crypto investors said Block B CEO Zack prints on March 4th lending and borrowing are readily available at the institutional level and we’re excited to leverage our relationships and Capital Markets expertise to provide utility and yield on digital assets for all crypto investors blocked fee details that the bia service is available to customers worldwide and the digital assets are held by the Gemini Trust Company in New York Gemini recently announced its custodial services and completed a sock to type one security compliance review Block B says customers accrue the 6.2 percent on a monthly basis and are able to initiate withdrawals at any time as crypto markets mature greater liquidity will be constantly required to keep markets orderly Renee van Catherine block fees chief risk officer stated by providing a transparent yield on BTC in death block fee will be a key part of the trading and market making ecosystem block fee joins a few other startups offering compounded crypto yields block fee is not the only firm offering cryptocurrency investors a yield on BTC in death last August the US Commodity Futures Trading Commission CFTC regulated exchange Ledger’s launched an interest-bearing BTC savings platform according to Ledger’s the program allows clients to gain an annualized return of roughly sixteen percent even when crypto markets are not appreciating unlike bloc fee ledger ‘kx holds the digital assets and of US bank holds the accrued United States Dollars interest the ledger Savings Program another company headquartered in San Francisco called compound has developed a platform that creates a decentralized interest rate market for cryptocurrencies the compound application uses bat F and rep within its protocol that runs on the ethereum network the startup received 8.2 million dollars in seed funding from venture capital firms like andreessen horowitz poly chain capital and Bain Capital Ventures Florey marques co-founder and VP of block fee operations believes the startups compliance programs set it apart from the competition the yield earned by be a customers is generated by block fees institutional borrowers and from participants from the company’s last fundraiser since block fee launched it is also added lytic own Angie USD for crypto back loans block fees proprietary risk management system which automatically initiates margin calls and liquidations to protect our customers assets has a perfect zero loss performance record since launching in 2017 concluded the company’s announcement what do you think about bloc fees BTC in earth savings program with its 6.2 percent annual interest let us know your thoughts on this subject in the comments section below verify intractable and cash transactions on our BCH block Explorer the best of its kind anywhere in the world also keep up with your holdings BCH and other coins on our market charts at citta she’s pulse another original and free service from Ohio Bitcoin comm Jaime Redman Jaime Redman is a financial tech journalist living in Florida Redmond has been an active member of the cryptocurrency community since 2011 he has a passion for Bitcoin open source code and decentralized applications Redmond has written thousands of articles for news dot Bitcoin calm about the disruptive protocols emerging today thanks for watching the ohio bitcoin comm bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon crypto industry still at odds over JPM coin weeks after the announcement of the JPM coin the crypto industry is still confused about whether to embrace or reject it now violence put out a study on march 1st 2019 claiming that the coin will not be in competition with ripples XRP what to do in february 20 19 km organ broke the news that they would be launching the JPM coin a dollar backed coin that would be used for cross-border transactions among their customers the news is already weeks old but discussions surrounding it if not slow down in the least there has been commentary calling the move hypocritical due to the management of JP Morgan previously bashing Bitcoin and also discussion about what place the new coin will have in the market and more specifically who they would be competing with the most obvious candidate is ripples XRP token which is the go-to for cross-border transactions in the industry the initial verdict was that the JPM would definitely be competing with XRP because they would be targeting the same class of users who want quick and affordable cross-border transfers finances take now it would seem that opposing views are forming within the crypto industry regarding the matter and one firm that has chimed in his finance who released her report on March 1st 2019 addressing the issue they argue that when the JPM coin takes off they will make use of a private permission coram bloc Shane network to conduct inter institutional transfers and value settlements in the case of XRP the focus is to promote interbank transfer in settlements and also to serve as a mediator between Fiat and crypto services this is in contrast to the closed network system that JPM will be making use of ripple has seen partnerships with the number of banks around the world because they trust their platform this will not be the case with JP em because banks will be reluctant to make use of another Bank settlement token it is more feasible that other banks will create their own coins this means according to the study that both coins are targeting different markets and thus will not compete with each other mixed reviews the bi Nance report is just another example of the conflicting opinions being given in the industry about the coin a fiat backed stable coin is in essence of central bank digital currency but with the credits risk of the depository bank eg JPM coin a free-floating digital asset like X RP has credits risk against its largest holding party that party is in essence its central bank Simon Taylor ATSA Taylor March 3rd 2019 other commentators speculated a bloody crypto war fight between dollar J p.m. and dollar x RP is coming G like the dud I hope both of them were killed by each other finally dot Pokemon G at pokemon G March 3rd 2019 thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon in the day crypto datafeed ESV sale bit Maine offers closed IntercontinentalExchange has added new coins to its cryptocurrency feed and we’ve got the details and this installment of the daily this edition also features coin checks announcement that it plans to sell its esv holdings and reimburse users with Japanese fiat currency also Chinese mining giant bit Maine has closed its office in Norway also read crypto clear resumed trading us crypto lobbying intensifies visa crypto job ice adds more coins to its script occurrence datafeed IntercontinentalExchange incorporated the operator of the New York Stock Exchange has expanded the scope of its AI script occurrence data feed to cover dozens of new cryptocurrencies the service uses data from hundreds of sources in the crypto space as the platform announced earlier this month when it launched in January of last year it was compiling data from around 15 exchanges now it promises uses a comprehensive view of the market that can help them optimize their digital asset trading the service is also targeting traditional financial institutions that want to enter the industry last week ice data services tweeted a list of the digital coins that have been included in the data feed so far among them are major crypto currencies such as Bitcoin core BTC Bitcoin cash BCH aetherium F and little coin LTC totaling almost 60 projects the list also includes elf R da auga Cardno basic attention token b sv b TG bitches item cybermiles crypto calm – decentraland d key bite Doki coin alas toes heõs coma ethereum classic gasps Gemini dollar gob token icon iasts Kaiba Network Liske Metaverse ETP mayo – mithril Manero nebulas nem nail odyssey ominous a go ontology paxos tom rapport sire coin status esteemed honors stellar tanks fated token tether tron truest asked coin vet rain verge wolde han shan as cache silica and 0x crypto exchange coin tractor sal b sv holdings japanese digital asset exchange coin check has announced intentions to sell the psv holdings accumulated as a result of the hard fork of the bitcoin cash network in november the platform plans to convert the coins to fiat money and reimburse its holders with the corresponding amounts in japanese yen that will be deposited to their trading accounts coin check explained in an announcement quoted by an crypto that the Fiat equivalent could be low within the market price of the coins and noted that a fee will be charged for yen withdrawals the exchange did not reveal the date and the exact time of the upcoming sale in order to avoid affecting the market price of the currency it also stated that only bsv funds will be sold ‘but main closes office in norway chinese crypto mining giant bit main has closed its branch in norway only a year after its opening the beijing headquarted company has already terminated all its operations in the Scandinavian country and moved its office to Germany at Ko shock reported quoting the former Norwegian manager of the company Chile white Berg according to the executive the main reason for the move is the revocation of electricity subsidies for mining facilities in the country in November the Norwegian government decided that crypto based data centers should pay the full electricity rates and taxes unlike traditional data centers the publication highlights the controversial nature of the decision which attracted a lot of criticism from the power and data industry vite berg who has already quit her job believes that in the future major mining pools will be concentrated in China and Russia where electrical energy is much cheaper on the backdrop of falling crypto prices bit main closed its Amsterdam office and suspended its operations in a texas-based mining facility in mid-january and in December the company shut down its research and development center in Israel what are your thoughts on today’s news tidbits tell us in the comments section at Ohio Bitcoin comm there’s a bunch of free helpful services for instance have you seen our tools page you can even look up the exchange rate for a transaction in the past or calculate the value of your current holdings or create a paper wallet and much more share this story Liuba Matassa Luba mattis F is a journalist from tech savvy Bulgaria which sometimes finds itself at the forefront of advances it cannot easily afford quoting Hitchens he says close quote being a writer is what am rather than what I do dot open quote international politics and economics are two other sources of inspiration thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending so of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin dot-com nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon Bitcoin BTC to reach $137,000 by october 2023 if historical trend is followed analysts the $137,000 bitcoin call although the crypto market has yet to break out to the upside investors have continued to speculate where bitcoin BTC will pick next one analyst notes that it will be far above $20,000 which BTC first reached in late 2017 market psychology specialist philip swift recently took to twitter to explain his call citing indicators from Willy will win the Bitcoin network momentum here is your Bitcoin date and price forecast for the next dollar BTC cycle price top done by combining Bitcoin network momentum and edwyn Amex top cap you can now book in that Lambo test drive for autumn 2023 I pick twitter.com K and 0 6 q 85 ft Philip Swift at positive crypto March 4th 2019 Swift notes that is per top cap and the momentum indicator which gauges transactional throughput BTC is most likely to have a market capitalization of 1.7 trillion dollars to two point six trillion dollars by October 2023 meaning a pre : price of around 92 thousand dollars to 137 thousand dollars he adds that more likely than not transactional volume on the blockchain has likely reached a low setting a positive precedent for medium term price action Swift’s analysis elicited a response from Wu who created the model he used to call a top the Australian researcher noted that making such an estimate forecast so early in the game is like trying to catch a pop fly with your eyes closed regardless who noted that this is still fun to do hence why people make such analysis decisions regardless in the past the industry commentator has claimed that it is only a matter of time before BTC meanders back to its $20,000 high in a number of comments on Twitter the trader stated that he believes that fundamentals are stronger than ever the popular analyst even remarked that eventually bitcoin will recover just like the past touching on the fact that institutions mainstream media and representatives of the traditional realm of finance bashing the cryptocurrency is amazing not the craziest crypto prediction although one hundred thirty seven thousand dollars for a single unit of the flagship cryptocurrency is preposterous by current standards Swift’s prediction is far from the most optimistic / previous reports from ethereum World News dollar carface Scarface a popular trader on Twitter first noted that it would be AI rational to claim that BTC won’t undergo another parabolic cycle he added that if the cryptocurrency follows its historical habit of rallying to five point one to sixteen point eight nine times above its previous peak Bitcoin could move to three hundred thirty-seven thousand dollars in the next market cycle this of course is well above Swift’s call but is still in the sextuple digits range the aforementioned survivalism has noted that while the last cycle returns 16x as BTC ran from $1,200 to $20,000 the next cycle could post even greater returns the analysts attributing the hopeful forecasts to adoption in bitcoins resiliency on a global stage thus concluded that a pump to $750,000 wouldn’t be illogical yet some have claimed that eventually the leading digital asset will break out of being sub 1 million dollars especially as the legacy economy could begin to buckle under heavy debts Jesse London the vice president of IBM’s blockchain and digital asset branch recently took to an interview with finder dot-com to explain why 1 million dollars is possible he explained that while BTC is only likely to end 2019 $5,000 over time $1,000,000 could be in the cards especially as institutions and the public siphon capital into this space creating a positive feedback loop that pushes prices higher with time tidal image courtesy of descriptive dot-com via unsplash bitfury integration to bring bitcoin lightening payments to more merchants the bitfury group has partnered with business payments processor hate pay to bring lightning network-based Bitcoin payments to merchants in the US Canada and the EU bitfury announced Thursday that it is integrated it’s web-based lightning network peach merchant API application programming interface with hate pays platform allowing businesses to accept payments over the Lightning Network and improving the efficiency and lowering the costs of Bitcoin transactions after payment is made merchants can immediately convert bitcoins into another currency through hate pays platform that fury said by bringing the Lightning Network to hate pays payment processing platform we are making it easier for businesses across the United States to accept Bitcoin payments said puddle pre-code co-head of lightning peach that furies team of lightning network developers Bitcoin payments V of hate pay are now available in all 50 US states bitfury added hey pay runs on a hybrid model processing both fiat and blockchain payments the platform can also be used by merchants around the world to accept payments through PayPal Apple pay Square and more Hague pay CEO and founder Brian Nichols said bitcoin has always been a good low cost alternative to fiat payments but with this integration Bitcoin payments are now equally convenient as our fiat payment processing services thereby paving the way for mass adoption in commerce it’s worth noting that the Lightning Network a second layer scalability protocol that operates on top of the Bitcoin blockchain is still a beta project several projects actually with some risks attached to its use at several iterations continue to develop and see support from the community however some big-name firms and individuals have been supporting the technology in an ongoing experiment known as the Lightning torch with financial services giant fidelity investments Lincoln and co-founder Reed Hoffman and Twitter and square CEO Jack Dorsey are recently taking part thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price of articles and Markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon crypto businesses being turned away from banks report says crypto businesses particularly the smaller ones are facing the ongoing problem of banks refusing to open accounts for them a March 3rd 2019 report says turned away while large financial institutions like Julius Baer and JP Morgan have jumped headfirst into the crypto market it seems companies in the same space are struggling to accomplish one of the most basic tasks for modern businesses opening a bank account a March 3rd 2019 report from Bloomberg reveals that many business owners of blockchain and cryptocurrency focused companies are having a hard time getting local banks to open business accounts for them entrepreneurs from the United States and Europe reports similar treatment from local banks with some of the establishments including HSBC Holdings plc and ironically Morgan Chase & Company why the suspicions as the report pointed out some of these issues can be boiled down to the fact that cryptocurrency is still a new and emerging industry and thus there is less trust from financial institutions towards it another industry that was reported to have been struggling with the same issue was the nasan cannabis industry some of these suspicions are based on genuine reasons according to Robbie haben a lawyer and professor at the University of Antwerp who co-authored a paper for the European Parliament on financial crime involving cryptocurrencies according to heaven for every legitimate entrepreneur in the crypto industry there are many that merely want to use it as a front to evade taxes or scam people another contributing factor is the public attention that cryptocurrency has received for being involved in crime such as the Silk Road incident in 2013 and also its use for bribery and kidnapping purposes while there are many legitimate reasons for a crypto firm to open a bank account it is a much easier task for banks to issue a blanket ban on the industry than sort on a case-by-case basis there is also the cost issue for banks the law requires that banks be sure of the identity of those they give accounts to in some might field that it isn’t worth the cost to set up compliance systems regardless these practices do nothing for the growth of the industry and only serve to perpetuate the idea of the crypto industry being shady denying basic banking is madness impedes sector growth and forces companies to get creative to solve the problem said Ben Sibley the head of brokerage and KB Group the banks are being overly prudent thanks for watching The Ohio Bitcoin com Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon every year an outstanding amount of people lose their teeth all because of smoking crack if you want to keep your teeth strong and shiny there’s only one simple thing to do don’t smoke crack smoking crack is bad so the next time you find yourself with a crack pipe in hand remember if you love your teeth please don’t smoke crack ride-sharing app lyft partners with blockchain startup – tokenize health care transport ride-sharing app lyft has partnered with blockchain start-up solve care – tokenize health care-related transport arrangements the development was announced in a press release from solved care on March 4th Estonia based solved care is a decentralized blockchain powered platform that focuses on enhancing health care administration and access to health care services for users and insurers the partnership with lyft will allow solved care users to schedule lift rides to doctors clinics hospitals and pharmacies with automated payments using native utility tokens all via their solved care digital wallets payment for rides can be shared with family employers insurers or other parties the service will also allow patients to flexibly coordinate their trips arrival times and any needed assistance with their contacts solved care CEO Pradeep Goel said the partnership with lyft can help the blockchain healthcare platform to improve patient satisfaction through timely access to care reduced wait times and simpler cost sharing and access to transportation subsidies blockchain technology continues to gain traction in the global healthcare sector as hospitals insurers and other industry professionals continue to explore its benefits for sharing securing and streamlining sensitive clinical and other health-related information recent developments include a partnership between tech giant IBM and Canadian pharmaceutical firm Boehringer Ingelheim to use blockchain for clinical record-keeping as well as a project to create a blockchain network tailored to the healthcare industry from IBM and health insurance giant Aetna thanks for watching The Ohio Bitcoin com Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice oh hi oh Bitcoin dot-com nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon Ernst & Young rolls out crypto currency reporting tool for accounting taxes one of the top for auditing giants Ernst & Young LLP rolled out a cryptocurrency reporting tool for accounting and tax purposes according to a company press release published on March 4 primarily meant for the calculation of taxes on cryptocurrency transactions the tool is called the eight crypto outset accounting and tax tool cotton the tool will be rolled out in the United States prior to its introduction in other markets and is an effort by the company to boost its blockchain related services the company rolled out car going to the massive increase in cryptocurrency investments via ace clients in the recent years and the rise in institutional interest further the press release stated that the tool will be offered to institutional and individual clients who indulge in crypto currency trading Marnie Ricker a America’s vice chair of tax services said we are excited to offer an innovative technology specifically to address our clients needs to asset space a cot will allow users to pull all their transaction level information from major exchanges and gather data from different sources to automatically produce reports allowing simpler IRS tax returns pertaining to cryptocurrencies cheok Patel a foundry leader said a cot is a timely addition to our expanding portfolio of successful new digital businesses of the foundry the surface will be accessible to the auditors high-net-worth clients through the a private client services practice Michael my solar partner and a global blockchain tax leader stated a cot is the hallmark of our efforts in crypto assets in blockchain from a tax perspective globally and we will continue to work hard to make it the product of choice for eight clients currently Ohio is the only u.s. state that allows businesses within its borders to pay their taxes in Bitcoin BTC state officials are looking to expand this offering to include individual tax payers soon thanks for watching the Ohio Bitcoin com Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon opinion editorial with Bitcoin Anarchy is the point not the problem last week there was a panel at SXSW that was effectively a debate on the merits of permission blockchains versus permissionless systems like Bitcoin I listened to the entire audio of the panel discussion after programming Bitcoin author Jimmy song tweeted about the other day and I thought he did an awesome job of pointing the key value proposition of Bitcoin and why it is not worth comparing to permission systems what was the innovation with Bitcoin as song covered in his remarks during the panel the key innovation with Bitcoin was the use of proof of work to enable anonymous actors to take care of the ordering of transactions in a digital financial system while other digital cash systems were tried in the past no one was able to come up with the perfect system that could solve issues related to centralization and civil attacks with Bitcoin Satoshi Nakamoto hit the sweet spot I recently wrote about this same topic in the context of alternative cryptocurrencies that really shouldn’t be referred to as cryptocurrencies specifically something like ripple X RP is not comparable to Bitcoin because the system does not use anonymous validators song hit on the same point while providing his definition of centralized versus decentralized systems here’s what I mean its centralized if there’s a single point of failure said song and I say that because that is exactly how governments control things bitcoins resistance to censorship shut down to regulation by governments is its key innovation this was nothing more than a sipping dream for decades but Bitcoin turned it into a reality Silk Road isn’t the troubled pasture wild west Silk Road is the point numbered Bitcoin Kyle tour peak at Kyla Torpy October 7th 2014 IBM’s Christopher Faris who took the side of permission blockchains in the debate even asked song if he was arguing for Anarchy over a regulated financial system during the panel discussion yes that’s the whole point I keep my own keys I have my own Bitcoin that means real self sovereignty said song during one portion of the debate that means real decentralization I personally like self sovereignty and I like controlling my own keys controlling my own money being my own bank instead of somebody being able to say that’s not yours anymore because we don’t like you and we think you’re a political enemy it is the lack of centralization in Bitcoin that enables permissionless innovation on top of the base blockchain layer whether it’s dark net markets allowing for censorship resistant Commerce abroad building a permissionless banking standard crazy ideas like Bitcoin hivemind are simply enabling greater levels of financial privacy in a digital age these sorts of applications are simply not possible with the traditional banking system which includes the entire permission blockchain ecosystem this solution is not perfect but it’s the best we’ve got it should be noted that as Ferris pointed out during the debate there are still plenty of issues with Bitcoin from a usability perspective many people simply aren’t comfortable with the risks associated with this new financial system issues like bitcoins price volatility the responsibility of taking care of one’s own private keys the relatively higher costs that come with decentralization and the lack of user-friendly wallets are some of the problems that are still being worked on ten years after the network was originally launched however it should be noted that these issues aren’t as important to those who put self sovereignty over everything else this is what many Bitcoin skeptics do not seem to understand there are plenty of people who are willing to take on the additional risks of using Bitcoin simply because they wish to be in full control of their own finances and also want to support the ability for anyone else in the world to gain this level of extreme financial freedom new solutions to the various usability issues with Bitcoin are also coming online on a regular basis comparing Bitcoin to traditional banks or permission blockchains doesn’t make any sense bitcoin is something completely different that was created for a specific purpose financial self sovereignty this is a guest post by Kyle Torpy views expressed are his own and do not necessarily reflect those of Ohio Bitcoin comm BTC incorporated or Bitcoin magazine thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon paying for your coffee with Bitcoin at Starbucks is it worth it BTC as Starbucks shops are preparing for the integration of backed the famous coffee shops customers will have the opportunity to pay for their favorite coffee with Bitcoin BTC however tax returns might represent a serious problem to the functionality of the crypto based payment system the point of mass adoption in terms of accepting cryptocurrencies as alternative payment methods across various retail shops comes down to the case of spending your digital assets as quickly as Fiat in the meanwhile many shops started to accept Bitcoin alongside several cryptocurrencies but the mass adoption is yet to bring the cryptos to mainstream as the majority of businesses accepting crypto ler has an alternative payment method are said to be small and medium companies this case might soon see serious changes as Starbucks most recently received significant equity in backed although the coffee giant is not holding any cash investments in this cryptocurrency ecosystem back to bring cryptocurrency payments to Starbucks customers as reported by the block Starbucks is currently working on designing and developing an application and a card that will allow the coffee Magnum to become Beck’s first merchant on platform initially only the customers based in the United States will be able to use Bitcoin to cover their coffee bill at Starbucks the equity stake was issued after the partnership between Starbucks and backed was made official while Starbucks agreed to allow Bitcoin based payments in return the partnership announcement was in the meanwhile postponed as the companies were waiting for the decision from CFTC scooped at Starbucks received significant equity in at backed in return for commitment to allow Bitcoin payments in store in 2019 Genesis via a tie underscore Woodford HTTP tico /o b ZD 1 fo zo pick twitter.com slash rock slew – my – ders admin – ders March the 4th 2019 however although the recent partnership with backed brought Bitcoin to Starbucks as one of the available payment methods the famous chain of coffee shops doesn’t actually accept direct deposits in BTC which means that during the payment BTC is being exchanged to u.s. dollars as enabled buyback software in this case scenario the most significant obstacle is the fact that this type of payment processing mechanism calls for tax reporting for the coffee you are buying which is why some Twitter users are reminding crypto enthusiast’s that all Starbucks customers paying with Bitcoin will be required to count the capital gains on every cup of coffee bought with BTC reminder that if Starbucks does accept Bitcoin at some point you will be required to calculate capital gains on every cup of coffee you buy HTTPS tico /n m ZL g j t FC for we are trying to change that – neeraj kala grill at no Radtke march v 2019 although the coffee giant is making a step that could be categorized as a significant leap towards the mainstream adoption of Bitcoin and possibly other cryptocurrencies likewise Starbucks customers who wish to pay for their coffee with Bitcoin might face some difficulties due to the tax reporting is paying your coffee with Bitcoin BTC worth the trouble back in 2014 the IRS published guidance on the subject of cryptocurrency where it is clearly stated that worked he will currencies are to be treated as property while all generalities included in the principle on paying taxes on the property will likewise be applicable on cryptocurrency based transactions that means that every time a customer would pay for their coffee and Bitcoin they would need to take the price of BTC at the time of the purchase then compare it to the price of Bitcoin at the time of the filing taxes to calculate capital gains and losses just as capital losses can be redeemed through tax filings capital gains on the coffee purchases also need to be covered within taxation which makes Bitcoin based purchases that Starbucks perhaps a bit too much to handle for an average crip too enthusiastic revving for a lat thanks for watching the ohio bitcoin comm bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon [Laughter] Oishi Craig Wright deletes Twitter account raging Craig Wright famous for his claims to be the actual Satoshi Nakamoto is a controversial figure in the crypto space closely tracked on social media and often ridiculed Craig Wright says he will sue anyone who calls him a fraud his Craig Wright a fraud please answer Craig Wright is a fraud or Craig Wright is not a fraud dark pill at Dan dark pill March 17th 2019 Wright claimed the protected nature of his Twitter account meant that the ad bought vac atashi was in fact breaking copyright law and stealing intellectual property the DMCA prohibits trafficking in devices or tools that help other people circumvent access control and copy control measures 17 USC 1201 a2b this includes twitter bots and is a criminal offense in the u.s. a fake tashi buck at bot fac atashi March 17th 2019 however there is a funny side a Twitter user had big blockers came forward to inform the Twitterverse that jaian woo the founder of bit Maine was now following the parody account as well Roger Varangian will previously had a strong disagreement with Craig Wright and Calvin aired during the hard fork of Bitcoin cash jehanne woo just followed at BOTS vac atashi big blockers at big blockers March 17th 2019 after abandoning the at Pro festus persona over the weekend right briefly moved to another protected account which was also suspended currently the most flamboyant truce atashi claimant has abandoned his followers and ceased his Twitter activity CC ins reporter pH matter has been one of his most cautious observers and he said ever since he failed to initiate a transaction that would have proven him to be email protected I’ve wondered what makes this guy tick he’s a millionaire after all he’s definitely been in Bitcoin a long time as evidenced by the serious lawsuit against him but is he Satoshi part of me hopes not I wants atashi to retain his anonymity the second citta she becomes a person there’s a risk that Bitcoin becomes a security that’s only one reason why it’s better Satoshi stay beyond the grave of course the international banking cartel would surely wacom of course with this news rights opponents were jubilant whale panda who is one of the more vocal opponents have Craig Wright posted the following creates a new account that’s protected from the start so he has to approve everyone that wants to follow him loses the majority of his audience and social platform and very likely will soon be followed by another bot disguised as a bsv supporter dot this guy is really a genius picked twitter.com j7z n4m well panda at whale panda March 18th 2019 the at professed his Twitter handle has stirred multiple controversies from initially supporting Bitcoin cash bch as the real Bitcoin to later moving to support Bitcoin sv the fork from a fork which offered different rules for the network right went on to support large blocks and known dedicated miners right also shifted his views on what exactly BITC oin was and which networked had the claims to the primacy he even threatened to have mechanisms to destroy the project just few days ago he tweeted well I plan to allow BTC to die slowly so some could get out but I guess that it will be accelerated with idiots who are going to end in court rights tweets were often distributed for their ironic value r editors have noted that the bots account allowed for lively or criticism and even mockery which right would have deleted on his own Twitter account but right also observed the bots activity and even replied to comments through his original Twitter handle rights claims to be Satoshi have been widely dismissed as lies by the crypto community and he has also been controversial due to his involvement in last year’s unpopular hard fork of Bitcoin cash bch and already mentioned VC HSV Satoshi’s vision nevertheless he continued to publish defiant posts to his 60 K followers via his Twitter account criticizing the development of the Bitcoin network sued by the real BTC developer we already wrote of how he ignited the fierce competition between bit corn and ethereum blockchain making his contribution to the CFTC’s call-out however last year Wright was sued for four billion dollars when the estate of David Clayman a computer scientist on cybersecurity expert who many suspect to have been one of the developers behind Bitcoin and blockchain tech claimed that Wright stole billions of dollars worth of Bitcoin according to the plaintiffs Wright recognized that the family were unaware of clayman’s wealth and forged a series of contracts that purported to transfer Dave’s assets to Craig and/or companies controlled by him Craig back dated these contracts and forged Dave’s signature on them thanks for watching the Ohio Bitcoin com Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon a social media giant and cryptocurrency what you need to know about Facebook’s entry into the crypto sphere the rumor that Facebook is planning to enter crypto space is now an open secret there are plenty of indications that now suggest the tech giant is ready to launch their coin in the near future notably the company is rumored to be working with telegram and signal to start a digital currency for its watsapp service intentions unveiled according to a December 2018 Bloomberg article initial reports indicated that the social networking platform may want to focus on the Indian remittance market India is reportedly the largest recipient of international remittances worldwide and with Facebook hosting 300 million of its 2 billion users they’re targeting the subcontinent’s 200 million users makes a lot of sense business-wise even though Facebook has played its cards very close to the chest and information is still scanty there are a few things we can now reveal about the mysterious cryptocurrency founder and CEO Mark Zuckerberg made blockchain and cryptocurrency hints in a January 4th 2018 Facebook post when addressing the issue of users abusing Facebook where he suggested that encryption and cryptocurrency could offer a remedy he stated that I’m interested in going deeper and studying the positive and negative aspects of these technologies and how to best use them in our services best laid plans according to two respected publishing houses Bloomberg in the New York Times Facebook is likely to spur a revolution and an earthquake in tandem for the world of cryptocurrencies later this year plans for the much awaited Facebook cryptocurrencies are slowly coming into focus and the crypto world’s axis is tilting in the direction dot the california-based social networking Titan declared in May 2018 that it was creating a team within its ranks to explore the technology behind Bitcoin to see if and how it would be incorporated into its products a horde of media leaks in the recent past is helping to shape up a picture of exactly what Facebook is up to the team of more than 50 led by the former Facebook’s head of messenger David Marcus and former head of Instagram engineering James Everingham are working on a digital payments platform for whatsapp Facebook’s end to end encrypted messaging app is it a cryptocurrency or establish own there has been a lot of debate on whether Facebook is taking the route of creating a pure cryptocurrency the information available shows that the tech giant wants to build a coin that will bypass the effects of price volatility according to the New York Times report the Facebook blockchain team is working on establishing a type of crypto that has its value pegged to that of a real world assets such as oil or fiat currency reserves this means that unlike the ordinary cryptocurrencies like Bitcoin that fluctuate and make or break fortunes instantly users will not have to worry about the coins value insider reports show that Facebook plans to peg the value of its coin to several select foreign currencies as opposed to just the US dollar the propositioned by Facebook is therefore not likely to attract speculators or investors who would have been enticed by a cryptocurrency with a potentially lucrative and wild value fluctuation the end product will potentially be of great interest to consumers who would want to make purchases or remittances without getting worried about erratic price changes dot will it be a decentralized crypto rumors about Facebook’s dalliance with blockchain technology have been making the news for a while now but questions remain as to whether the upcoming coin would run on a decentralized network the answer to this question will depend on whether Facebook would or could control the currency if the social networking giant will want to approve every transaction on the network then a centralized system like PayPal would serve them better than a decentralized blockchain dot insider reports seem to point to speculation that Facebook signal and telegram are all working in the direction of a digital coin running on a decentralized network this would mean that the crypto created would to some extent run independently of the company that created it dot there’s a rumor that Facebook has been talking to cryptocurrency exchanges to have them sell at coin if that turns out to be true FB will have potentially eased itself of the burden associated with regulation if crypto currency exchanges hold the currency they become responsible for the process of screening of potential customers and remove the cumbersome no your customer kik methods from Facebook’s jurisdiction when is it likely to launch as per the New York Times report the stab lakorn is likely to be launched during the first half of 2019 or thereabouts quoting unnamed inside sources the publication says the company has already approached select cryptocurrency exchanges that could be roped in to support their upcoming product a Facebook insider who refused to be named stated like many other companies Facebook is exploring ways to leverage the power of blockchain technology this new small team is exploring many different applications we don’t have anything further to share what’s in it for the tech giant whether or not the social networking Titan will make money from this venture is yet to be determined based on what type of crypto they set out to make conventional cryptic or these have been launched via initial coin offerings Aiko’s where investors buy into the project in anticipation of that the value of the coin will deliver which value depended on the demand by taking the direction of establish oil it may appear like the issue of demand will not play a significant role since the value is guaranteed from the beginning experts believe that his Facebook has decided to create a cryptocurrency for its own sake and then have people offer it to users in exchange for fiat currency the company will make a killing especially during the preliminary stages let’s sum it all up the choice of the indian sub-continent for a wet SAP based cryptocurrency is a perfect business idea as the payment structures there are not as developed as what you find in the countries like the US and the UK while cash still plays a big role in the Indian economy there is a slow but sure paradigm shift towards mobile technologies with an estimated 400 billion dollars 290 billion pounds mobile wallet market via paper this therefore makes introducing a wet SAP based payment system a walk in the park Facebook’s choice of populous India comes on the heels of Google’s launch of a mobile payment service tez now called Google pay in India and 2017 before it spread to the rest of the world current reports indicate that Google pay serves at least 25 million users monthly in the country dot the last word that blockchains electrifying technology has thrilled the entire world with its potential to solve hitherto tricky problems is a subject on everyone’s lips Facebook has decided to join in and use it to improve areas of trust and money transmission will help it get a grip on the money market besides solidifying their hold on entire populations dot by entering the world of cryptocurrencies the social networking giant is taking competition at the doorstep of mobile payment service providers in India and soon after that the rest of the world pundits believe the much-awaited launches a trial ahead of a global launch something which fits snuggly with Facebook’s aim to permeate all the aspects of our daily lives and remain gradually obligatory the pitfalls of using kin market caps prices is a novice crypto investor the crypto set price Data Platform kin market cap is not only the go-to that form for digital asset prices but remains one of the most visited websites on the Internet while cane market cap CMC has managed to play a vital role in introducing cryptocurrencies to new investors since the early days of the altcoin market the platform has increasingly commander scrutiny for its lack of professionalism and questionable business practices a problematic pricing methodology those who have been in crypto for longer than 5 minutes know not to trust kin market caps prices the main reason for this is it’s problematic pricing methodology to calculate the asset prices you see on its platform kin market cap takes a volume weighted average of market pair prices the rationale for using a weighted average is because in general markets with higher volume have higher liquidity and are less prone to price fluctuations while CMC does state that it excludes exchanges if the exchanges price does not seem indicative of a free market price the platform seems too happy Lee accept all exchanged later fees as they come seemingly without conducting due diligence on the legitimacy of the trading platforms data sources several exchanges that kin market cap includes for its data feel a small unregulated exchanges whose data integrity is more than questionable the volume of any cryptocurrency is the total spot trading volume reported by all exchanges over the last 24 hours for that cryptocurrency the company states on its website kin market cap does mention though that it refrains from using volume data if an exchange does not enforce the trading fee or otherwise offers significant incentives to trade on the market pair however this does not even come close to filtering out all exchanges that engage in washed trading hence CMC’s volume data is far from representative of an assets available liquidity it has been reported on numerous occasions that many digital asset exchange volumes are not representative of an assets real trading activity and thus its actual liquidity the blockchain parents Institute has recently published a report highlighting this issue therefore since CMC puts more weight on prices from exchanges with the highest trading volumes which are often falsified the prices on a platform cannot give an accurate representation of the price level a crypto sitter’s actually trading an unfortunate history of promoting scams while cane market camps history of promoting cryptocurrency scans through banner ads may not have many implications on the quality of its data feed it would suggest that the company’s leadership ethics are questionable as castle island ventures partner Nick Carter highlighted in a blog post kin market cap has run as for cryptocurrencies can spit connect if connect and bit Petite for which the company has been paid handsomely at the expense of unwitting investors who eventually lost money moreover kin market cap pranked bit connect in its top 10 cryptocurrencies in july 2017 when the market value of the BCC coin merited an entry the issue however was that the day to use to calculate bcc’s market capitalization came predominantly from the Ponzi scheme zone exchange data feed myth 7 kin market cap hosted by connect banner ads for five months it was actually six – Nick Carter at Nick underscore underscore Carter made the fourth 2018 despite warnings from notable community members kin market cap did not Delos BCC and continued to rank it among the most valuable coins in the market additionally even after bit Connect collapsed its fraudulent coin was still being priced on kin market cap for another six months a lack of coin due diligence the kin market cap bit connect story also highlights the issue of the platform’s complete lack of due diligence for the digital currencies and tokens it lists while one may argue that the crypto set markets are the pinnacle of free markets and that any tradable asset deserves to have its price listed the reality is that retail investors often with little to no investment knowledge go on to kin market cap to discover new investment opportunities by listing effectively every tradable digital asset regardless of how do you miss it may be kin market cap is facilitating potentially fraudulent cryptocurrency projects by introducing them to potential investors the number of scan coins that have come and gone and have been listed on CMC are in the dozens if not hundreds CMC has seemingly made little to no effort to filter out assets that have a high potential of turning out to be scams use can market cap with care kin market cap is an excellent platform if you want a quick and dirty snapshot of whether market roughly is however using kin market camp prices to make trading decisions or worse to price financial instruments or value portfolios means opening yourself up to an added layer of risk kin market caps shortcomings are perhaps most pronounced when it comes to small cap crypto suits where the price listed on CMC is regularly far away from where you can actually trade the asset especially if you are looking to trade more than a few hundred dollars the current pricing methodology deployed by kin market cap combined with its lack of due diligence makes the platform unusable for serious investors hence it is not surprising that a range of new crypto set price data platforms have launched in the last few years as financial institutions are searching for trustworthy pricing to build new cryptocurrency based financial products and solution

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