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Bloomberg Terminals

Ethereum, Ripple And Litecoin Have Arrived on Bloomberg Terminals

Ethereum, Ripple And Litecoin Have Arrived on Bloomberg Terminals Financial data firm Bloomberg has added three new cryptocurrencies – ethereum (ether), Ripple (XRP) and litecoin – alongside bitcoin on its Terminal service. According to a Fortune report, sources said the addition of the new price data is aimed at forex traders seeking to explore the new instruments.…
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December 15, 2017 0
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
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
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
Bull

Bitcoin Price Dilemma: Bull and Bear Paths in Play

Bitcoin Price Dilemma: Bull and Bear Paths in Play Fresh off all-time highs, bitcoin is trading sideways and showing signs of bull exhaustion. As per CoinDesk’s Bitcoin Price Index (BPI), the world’s largest cryptocurrency by market capitalization is trading at roughly $16,850. But despite the high price, according to data source CoinMarketCap, BTC has only gained a…
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December 13, 2017 0
New High

No Stopping? After New High, Bitcoin Price Eyes $20k

No Stopping? After New High, Bitcoin Price Eyes $20k Bitcoin bulls look set to push prices as New High as $20,000 over the next few days, according to the price chart analysis. As expected, solid dip demand around $14,000 levels seen over the weekend fueled the move to fresh record New High above $17,000 yesterday. As of…
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December 12, 2017 0

Bitcoin Investing: A 10,000-Year View

Bitcoin Investing: A 10,000-Year View A few weeks back, I spoke to 1,000 fund managers, bankers and private equity folks in New York at the inaugural Consensus: Invest conference organized by CoinDesk. What to told them is that I don’t come from Wall Street, and I’m not a formally trained analyst. My background comes from…
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December 12, 2017 0
Goldman Sachs Exec

Bitcoin Isn’t Sapping Demand for Gold, Says Goldman Sachs Exec

Bitcoin Isn’t Sapping Demand for Gold, Says Goldman Sachs Exec A Goldman Sachs Exec has said there is “no evidence” that bitcoin’s price gains have reduced demand for gold. Amid investor concerns over the issue, Jeffrey Currie, global head of commodities research for the financial services giant, told the Financial Times this week that he believes investor pools for…
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December 12, 2017 0
Litecoin prices

Over $300? Pullback Likely for Surging Litecoin prices

Over $300? Pullback Likely for Surging Litecoin prices There’s no stopping the litecoin (LTC) freight train. Fuelled by trading on Coinbase’s GDAX exchange, one of the most trafficked onramps for new buyers, the world’s fourth-largest cryptocurrency by value is trading at an all-time high near $300, up from under $5 at the start of 2017. With the…
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December 12, 2017 0