Utilising MarketHive to Promote CryptoCurrency
Tax Dept starts probe into Bitcoin exchanges to ascertain rate they can be taxed under. The indirect tax department has launched an investigation into Bitcoin exchanges operating in India to ascertain at what rate they can be taxed under the goods and services tax (GST) regime, two people with direct knowledge of the matter […]
Bitcoin buyers should be prepared to lose all their money, top UK regulator warns Andrew Bailey, chief executive of the Financial Conduct Authority, told BBC's "Newsnight" on Thursday, "If you want to invest in bitcoin, be prepared to lose all your money" Bitcoin's meteoric price rise has stunned critics and enthusiasts alike, leaving investors scrambling […]
A bubble? We don’t even know how to value Bitcoin Bitcoin is a “speculative mania” according to the governor of the Reserve Bank of Australia. But it’s not so easy to say that Bitcoin is a bubble – we don’t know how to value it. Recent price rises (close to $18,000 in the past three […]
Bitcoin Bulls Face 'Alt' Competition in Push to $20 Bitcoin may still be in the hunt for $20,000, but the bulls need progress soon else a minor pullback could be in the offing. As per CoinDesk's Bitcoin Price Index (BPI), the cryptocurrency is trading at $17,539, having appreciated 4.48 percent in the last 24 hours […]
Bitcoin futures suggest breakneck rise in price to slow NEW YORK/LONDON (Reuters) – Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above $17,000 to a fresh record high in the spot market. Chicago-based derivatives exchange Cboe Global Markets […]
What Bitcoin Watchers Are Saying After the Surge Past $10,000 Bitcoin entered uncharted territory on Wednesday after breaching $10,000 for the first time, leaving investors to wonder how long the rally will go — and whether it will end in tears. The digital currency climbed as much as 4.4 percent to a record $10,379.53 […]
Bitcoin nears $10,000 mark as hedge funds plough in Cryptocurrency now worth seven times an ounce of gold, with market cap higher than IBM, McDonald’s or Disney – but analysts warn of ‘a huge bubble’ Bitcoin mining consumes more electricity than Ireland Bitcoin has hit a record high after passing $9,000 (£6,700) and is close […]
Bitcoin cracks $9,600 just hours after breaking $9,000 level Bitcoin surged to yet another new record high on Monday The cryptocurrency jumped to an all-time high of $9,671.84 hours after cracking the $9,400 level on Sunday The digital currency has risen some 869 percent year-to-date Bitcoin surged to yet another new record high on Monday, […]
Rise of Bitcoins causes stir but questions linger Anthony Mburu and his fiancée Elizabeth John who recently attracted curiosity when he paid part of his dowry using Bitcoins, a form of digital currency, in Naivasha Kenya,considers himself a non-conformist. Having quit university in 2010 after just one semester of his engineering course, 26-year-old Anthony Mburu […]
Holding Strong – Failed Price Breakdown a Boon for Bitcoin Bulls Bitcoin has witnessed decent two-way business in the last 24 hours. A drop below $8,000 during the Asian day was quickly undone and the world's largest cryptocurrency by market value once again approached record highs, hitting $8,333 this morning. At press time, bitcoin is […]