Author: icenterx

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Tax Department

India’s Tax Department Collects User Data at Multiple Bitcoin Exchanges

India’s Tax Department Collects User Data at Multiple Bitcoin Exchanges The Indian Income Tax Department has visited bitcoin exchanges across the country seeking to identify users. The widespread operation is being carried out over suspicions of tax evasion by exchange customers, the Press Trust of India states. The agency visited nine cryptocurrency exchanges in cities including…
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December 14, 2017 0
BitPay

BitPay Begins Enforcing Bitcoin Payment Protocol Compatibility Requirement for its Debit Card

BitPay Begins Enforcing Bitcoin Payment Protocol Compatibility Requirement for its Debit Card Not too long ago, it became clear BitPay was going to enforce some big changes. More specifically, the company announced the introduction of the Bitcoin Payment Protocol. The main reason for this change is to further create seamless and secure payment experiences. According…
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December 14, 2017 0
Transaction Fees

Bitcoin Transaction Fees Keep Doubling Nearly Every Three Months

Bitcoin Transaction Fees Keep Doubling Nearly Every Three Months Bitcoin transaction fees remain a big problem in the cryptocurrency world. It seems there is no real short-term solution to resolve this problem whatsoever. Some network upgrades are in development, but they might take months or even years to come to market. An interesting chart shows…
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December 14, 2017 0
Blockchain

How Will Blockchain Change the Way We Trade Online?

How Will Blockchain Change the Way We Trade Online? When people ask whether or not the Blockchain will change the ways in which we trade online, they’re grossly underestimating the influence of this revolutionary new technology. There’s no doubt that Blockchain will change the way in which we trade on the financial market, however, with…
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December 14, 2017 0
Bitcoin Analysis December

Bitcoin Analysis December 15, 2017

Bitcoin Analysis December 15, 2017 BTC/USD Bitcoin is relatively flat yet again during the trading session on Thursday, as we are using $16,000 as support. I think that eventually we will get a little bit of a pullback, but that should be a “buy on the dip” type of opportunity. Adding slowly is probably the…
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December 14, 2017 0
Markets Update

Markets Update: Bitcoin’s Price Takes a Quick Dive

Markets Update: Bitcoin’s Price Takes a Quick Dive After hovering around the $16,500 zone for most of the day on December 12, bitcoin jumped in value to around $17,100 during the early hours of December 13. Bitcoin markets were coasting along in that range for a few hours, and then around 12 pm EDT the…
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December 13, 2017 0
Tax

Uncle Sam’s Surprise: Tax Reform to Impact Crypto Investors

Uncle Sam’s Surprise: Tax Reform to Impact Crypto Investors The U.S. tax code is on the brink of its largest overhaul in three decades. And while neither the House of Representatives or Senate version of the tax bill (both have passed in their respective chambers and are in the process of being reconciled into a…
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December 13, 2017 0
Bitcoin Scare Tactics

Here Come the Bogus Bitcoin Scare Tactics

Here Come the Bogus Bitcoin Scare Tactics Steven Hopkins is chief operating officer and general counsel of Medici Ventures, an Overstock.com subsidiary focused on the advancement of blockchain technology. “Cynicism masquerades as wisdom, but it is the farthest thing from it.” – Stephen Colbert The run-up in bitcoin and other crypto assets has offered cynics…
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December 13, 2017 0
ETH BTC

Ethereum Analysis ETH BTC December 14, 2017

Ethereum Analysis ETH BTC December 14, 2017 ETH/USD Ethereum rallied significantly during the trading session on Wednesday, bouncing from the $600 level, and reaching towards the $700 level. At this point, waiting on pullbacks will be necessary to pick up value in a market that is starting to run away, albeit on low-volume over the last…
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December 13, 2017 0
Facebook

Facebook Messenger VP Joins Coinbase’s Board of Directors

Facebook Messenger VP Joins Coinbase’s Board of Directors Digital currency exchange startup Coinbase has announced the appointment of a Facebook executive to its board of directors. In joining the board, David Marcus, vice president of messaging products at Facebook, will bring years of experience in building large-scale mobile products, according to a Coinbase statementposted yesterday. Previously president…
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December 13, 2017 0