Category: Bitcoin

Bitcoin was invented in 2008 by  Satoshi Nakamoto, an unknown person or persons, and is the world’s first digital money (cryptocurrency).

Bitcoin transactions are on a secure, decentralized blockchain-based network. Its a new kind of money that’s instant, private, and free from traditional bank stranglehold

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CBOE files another Bitcoin ETF application with the SEC

The Chicago Board Options Exchange, or CBOE, has filed Fidelity’s Wise Origin Bitcoin (BTC) exchange-traded fund with the United States Securities and Exchange Commission. CBOE filed a Form 19b-4 on Monday seeking to list  Fidelity’s Wise Origin Bitcoin Trust Bitcoin ETF that was initially submitted to the SEC by the $4.9-trillion asset manager back in

Indonesia considers capital gains tax on cryptocurrency trades

Neilmaldrin Noor, a spokesperson for the Indonesian Directorate General of Taxes, said that the authority is considering a tax scheme for capital gains generated from cryptocurrency trades, Reuters reports Tuesday. “It is important to know that if there is a profit or capital gain generated from a transaction, the profit is an object of income

South Koreans flock to crypto amid a heavy-handed regulation approach

In South Korea, one in three citizens either own cryptocurrencies or get paid in them. One-tenth of its population trades digital assets, and its youth unemployment rate hovers above 10%. It’s a competitive job market in the East-Asian nation, where high expenses enforce hierarchical social structures, and financial stability can seem like a pipe dream.

Kazakhstan’s government to create roadmap for developing crypto market

Kazakhstan’s government forming a roadmap to stimulate the development of the cryptocurrency industry and blockchain technology in the country. State authorities have reviewed proposals to address the crypto industry’s development and reconsider the state’s approach to regulating crypto operations, according to a Tuesday announcement on the website of the Prime Minister of Kazakhstan. Officials have

Nebraska bill to allow banks to offer crypto services moves forward

Nebraska lawmakers are moving forward with an initiative that would allow state banks to offer cryptocurrency services. State Senators favored the measure through the first of three required votes in the legislature, with 39 lawmakers voting to advance the bill for enrollment and initial review on Sunday. Introduced by Republican Mike Flood in January, Legislature

BTC, ETH, BNB, DOGE, XRP, ADA, DOT, BCH, LTC, LINK

The astronomical rally in Ether (ETH) is not showing any signs of slowing down. The bulls easily cleared the overhead hurdle at $4,000 today, which also pushed the biggest altcoin’s market dominance to over 19%.  It is not only Ether that is witnessing sharp buying from traders. Litecoin (LTC) and Cardano (ADA) have also risen

Bitcoin Failing Terribly on Privacy, Says Whistleblower Edward Snowden – Here’s Why

Former Central Intelligence Agency (CIA) employee and famed whistleblower Edward Snowden is emphasizing that Bitcoin is falling short on privacy.  During the Ethereal Virtual Summit 2021, Snowden says Bitcoin is massively failing to provide users with anonymity amid advances in technology that make surveillance easier. “We have no idea how the banks are used to perform