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BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring
Two research firms released compelling data on the state of Bitcoin Core (BTC). Chainalysis revealed 36% of BTC in circulation is lost, likely lost, or unmined. The percentage of BTC held by speculators is 22%, while investors accounted for a steady 30%. дальше »
2018-9-30 09:05 | |
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Global Revenue from Rare Crystallized Metal Producer Shared to OiCOiN Token Holders
Bitcoin Press Release: An already established German company dealing in the rare crystalized metal Osmium is releasing a revenue share cryptocurrency token for backers. September 28th, 2018, Germany – Osmium is a rare and extremely dense metal product that is created in Switzerland and shipped to Germany for global distribution by the German Osmium Institute. дальше »
2018-9-28 09:46 | |
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Global Revenue from Rare Crystallized Metal Producer to be Shared to OiCOiN Token Holders
Bitcoin Press Release: An already established German company dealing in the rare crystalized metal Osmium is releasing a revenue share cryptocurrency token for backers. September 28th, 2018, Germany – Osmium is a rare and extremely dense metal product that is created in Switzerland and shipped to Germany for global distribution by the German Osmium Institute. дальше »
2018-10-1 09:46 | |
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World’s Largest Crypto Mining Firm Bitmain Releases Financial Results, Plans To List In Hong Kong
The price of Bitcoin may have come tumbling down this year, but the world’s largest crypto mining hardware manufacturer has continued to rake in the big bucks. Bitmain released its financial results revealing that it had generated $2. дальше »
2018-9-27 21:17 | |
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Confusion Over Bitcoin Taxation Leads to Poor Reporting of Gains and Losses
With Bitcoin and other cryptocurrencies making huge sums of money for those adept at timing the market, the U. S. Internal Revenue Service (IRS) is keen to make sure it receives its cut of the profits. дальше »
2018-9-27 00:00 | |
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U.S. Congressman Drafts Blockchain Development Bills
The newly elected co-chair of the Congressional Blockchain Caucus, U. S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets. дальше »
2018-9-22 18:10 | |
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New Innosilicon Terminator3 (T3) Bitcoin ASIC Miner to Challenge Bitmain
Bitmain has been targeted by critics around its IPO, its miners and the revenue it’s making. And indeed, investors are uncertain about the future of the company. However, there are other companies developing new interesting and powerful products. дальше »
2018-9-21 18:59 | |
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Lawmakers Ask IRS For Clarity on Crypto Tax Reports, Better Regulating Industry
Lawmakers from the United States House of Representatives have issued an open letter to the Internal Revenue Service (IRS), requesting additional clarity on tax laws surrounding crypto such as Bitcoin and Ethereum. дальше »
2018-9-21 10:00 | |
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US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance
On Wednesday September 19, a committee of US bureaucrats sent an open letter to the Internal Revenue Service (IRS) in regard to the way cryptocurrencies are taxed. The representatives’ letter directed towards IRS commissioner David Kautter wants the taxation office to publish provisional guidelines on how digital currency transactions and investments should be handled when US […] The post US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance appeared first on Bitcoin News. дальше »
2018-9-21 04:25 | |
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Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS
In an open letter to the Internal Revenue Service (IRS), the U. S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes. дальше »
2018-9-21 23:35 | |
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An Alluring New Asset Class For Bitcoin
Bitcoin means an ambitious categorisation effort by regular financial companies resulting in some viewing this alluring new asset class as much as a hybrid of a currency as it is an investment. Bitcoin has been declared as a commodity by the Commodities Future Trading Commission (CFTC). дальше »
2018-9-17 00:30 | |
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[promoted] Equity Trust Builds New Frontier of Crypto-Based Retirement Accounts
Index funds have more than proven their worth as a preferred option for those with an eye on retirement. But now there is conversation about the value of adding bitcoin and other cryptocurrencies to this investment mix. дальше »
2018-9-11 16:58 | |
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Crypto Mining Firms Could Use Utility’s Underutilized Peak Load Capabilities to Power Their Operations
Crypto mining is a very energy-intensive activity demanding ridiculously huge amounts of electricity. For utility companies, this presents an opportunity to bag a huge amount of revenue if a crypto mining firm decides to put up shop in its area. дальше »
2018-8-31 14:49 | |
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PwC Global Survey: Corporate Interest in Blockchain on the Rise
Big Four auditing firm PricewaterhouseCoopers (PwC) just released its 2018 Global Blockchain Survey, subtitled “Blockchain is here. What’s your next move?” The sweeping survey pools data from 600 technology executives from 15 territories, with 31 percent of represented companies accruing $1 billion or more in annual revenue. дальше »
2018-8-28 01:51 | |
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U.S. Tax Policy Is a Stumbling Block for Bitcoin Adoption
George Popescu has come down hard on the American Internal Revenue Service (IRS) and the U. S. tax code in general as stifling instead of enabling innovation through cryptocurrency adoption. In a Medium post published on August 22, 2018, the founder of crypto industry publication Blockchain Times and augmented reality startup Lampix stated that tax policy is effectively blocking crypto payments. дальше »
2018-8-25 01:00 | |
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South African Revenue Service (SARS) Intensify Efforts to Clampdown on Cryptocurrency Tax Evaders
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. дальше »
2018-8-21 12:00 | |
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Nvidia Pulls Out of Crypto Mining Citing Low Revenue, While Bitmain Tops Their Profits
The persistent bearish mood of the crypto market where Bitcoin has slipped below the psychological price point of $8,000 has taken a toll on the stock price of Nvidia. The graphics chip manufacturing giant is considering taking cryptocurrency mining production off its budget. дальше »
2018-8-20 16:07 | |
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South African Tax Authority Going After Crypto Traders
The South African Revenue Service is working to improve the tracking of cryptocurrency traders and their transactions in order to verify if they are paying taxes. According to its Commissioner, the agency is exploring ways to better identify those that are profiting from trading digital assets and check if they are evading taxation. дальше »
2018-8-19 17:40 | |
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[promoted] Equity Trust Forges a New Path for Crypto-Based IRA Investments
Asset diversification has long been touted as a critical strategy for wealth building. This method of portfolio management, which traditionally involves a mix of stocks, fixed assets and commodities allows for maximum return at the least amount of risk — an important element for retirement savings. дальше »
2018-8-18 22:30 | |
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How a Tokyo FOMO Family Invested in Bitcoin and Lost
There’s an issue, in Japan, with certain high income families being unable to save money. Here’s the story of a Japanese household of four, living in the Tokyo Bay area, in a high-end tower apartment, repaying multiple loans and having unnecessary spending. дальше »
2018-8-18 21:31 | |
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Crypto Trading Fees a Major Revenue Driver Despite Market Decline
Top analysts from major money management firm Sanford C. Bernstein & Co. believe that revenue from crypto trading fees will double in 2018, despite declining interest and prices in cryptocurrencies like Bitcoin and Ether. дальше »
2018-8-17 20:30 | |
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Wyre Adds MakerDAO Stablecoin Pairing for Global Money Transfers
Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U. дальше »
2018-8-15 00:54 | |
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Leading National Television Provider Moves To Accept Bitcoin Cash Payments
Dish, is one of the leading satellite television providers in the United States. They provide TV broadcasting services to around 13. 7 million customers and internet connection services to around 580 customers. дальше »
2018-8-13 06:00 | |
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DJ Who “Turned Down Wall St.” Is On a Quest to Decentralize Music Festivals
Independent DJ Justin Blau (known on stage as 3LAU) didn’t exactly stumble into the cryptocurrency industry — to say so would misrepresent how much thought he’s put into his blockchain-based event network, Our Music Festival (OMF). дальше »
2018-8-8 19:23 | |
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Square Cash Quietly Reveals It’s Avoiding Public Cryptocurrency Exchanges
In its recently published quarterly report, Square revealed it’s channeling Bitcoin trades from its Square Cash application to private brokers instead of public exchanges. Jack Dorsey’s Square Cash application enabled Bitcoin purchases and sales for most users early in 2018, adding to its consumer payments suite. дальше »
2018-8-5 08:00 | |
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Square Makes $37 Million from Bitcoin in Second Quarter of 2018
According to Square’s 2018 shareholder letter, the payment company reported that they have continued to accelerate revenue growth in their second quarter of 2018. Their total net revenue in the second quarter increased by 48 percent year-over-year (YoY), and adjusted revenue increased 60 percent YoY. дальше »
2018-8-4 00:57 | |
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Square Cash App Bitcoin Profits Doubled in Q2 2018
Despite a market downturn, cryptocurrency is driving business across several industries worldwide. In Q2 2018, Square Cash app reported a 100% increase in profit from its Bitcoin trading transactions over the last quarter. дальше »
2018-8-3 16:00 | |
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Square Processes More Than $71 Million in Bitcoin Transactions in 2018
Square Inc’s quarterly earnings report shows that the company is processing more Bitcoin transactions each quarter, though the growth is slow. According to the report recently submitted to the US Securities and Exchange Commission, the company reported revenue from Bitcoin at over $71 million in the first half of 2018. дальше »
2018-8-3 15:56 | |
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Square Recorded a Tiny Profit on Bitcoin, But it Has the Potential to Improve Massively
Square pulled in $37 million in revenue from Bitcoin, but spent $36. 6 million to offer it on their Cash App, leading to a tight profit of $420,000. Although profitable, Square isn’t expecting cryptocurrency to drive major profits anytime soon. дальше »
2018-8-3 09:30 | |
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Bitcoin Trading Nets Square $37 Million in Q2 2018
Square has announced earnings of $37 million for the second quarter of 2018 on its peer-to-peer mobile money app, Square Cash. However, even though some of its financial results exceeded expectations, the company still made a net loss of $6 million across the business. дальше »
2018-8-3 04:00 | |
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Payment Platform Square Sees $37 Million in Revenue From Bitcoin Integration
Bitcoin (BTC)–Despite the growing perception that cryptocurrency offers little value to digital payment platforms, Square has published figures that show a gain in revenue valued in tens of millions of dollars for the second quarter of the year. дальше »
2018-8-3 01:42 | |
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$37 million of bitcoin revenue assist square accelerate increase in q2
Finance Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. Also Read: Coinmarketcap Launches Professional API and Derivatives Markets $37 Million of Bitcoin Revenue Square Inc (NYSE:SQ), the developer of the mobile payment app Square Cash, has posted its financial дальше »
2018-8-3 21:56 | |
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$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2
Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet. дальше »
2018-8-3 19:40 | |
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Sold for sale on sale sold in Wikipedia 2
Mobile payment firm Square said it made $37 million in revenue from bitcoin sales in the second quarter of 2018. However, with the cost of facilitating bitcoin purchases mounting to over $36. 5 million in the same period, Square again chalked up a small margin of $420,000. дальше »
2018-8-2 13:41 | |
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Square Sees Bitcoin Sales Profits Double in Q2
Mobile payment firm Square said it has made $37 million in revenue in the second quarter that was generated by its offering of bitcoin purchases. дальше »
2018-8-2 09:00 | |
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Canadian Cryptocurrency Miner to Install 85-Megawatt Power Substation
DMG Blockchain Solutions Inc. , a diversified blockchain company, is in the process of installing an 85-megawatt transformer and electric substation for the company's cryptocurrency mining facility, according to a company statement. дальше »
2018-7-27 17:49 | |
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Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
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On Medium-of-Exchange Token Valuations
One kind of token model that has become popular among many recent token sale projects is the “network medium of exchange token”. The general pitch for this kind of token goes as follows. We, the developers, build a network, and this network allows you to do new cool stuff. дальше »
2018-7-21 23:03 | |
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Change.org Creates The Mining Screensaver to Benefit Its Foundation
An online petition platform has created a screensaver that turns idle computer systems into Bitcoin miners. Change. org will take the revenue generated by their new initiative and use it to help fund the Change. дальше »
2018-7-16 21:15 | |
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Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol
As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba. дальше »
2018-7-16 19:45 | |
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Brave: The First Blockchain-based Browser with 3 Million Users
Brave Browser, a project by the co-founder of Mozilla, which saw its BAT ICO sell out in seconds, announced they have surpassed 3 million monthly active users. Brave Browser, more than a simple ad-blocker, allows users to surf the web, while still allowing webmasters to make revenue. By integrating Bitcoin payments directly on the browser, дальше »
2018-7-13 21:52 | |
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CEO of eToro holds Bitcoin [BTC], Ethereum [ETH], speaks about opening crypto exchange
eToro’s CEO, Yoni Assia, stated in an interview that the equities trading platform has made 1000% returns in the last year. He also spoke about setting up a cryptocurrency exchange platform to target institutional investors. дальше »
2018-7-12 13:24 | |
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The Pirate Bay Is Again Using Users’ CPUs to Mine XMR
The Pirate Bay is again taking over its users’ CPUs in order to mine the Monero (XMR) cryptocurrency to generate additional revenue. Unlike previous times, the site now displays a notification on the matter for users to know what is going on with their systems. дальше »
2018-7-10 01:25 | |
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5 Countries Team up to Combat Tax Fraud From Cryptocurrencies
A new taskforce involving five countries’ taxation regulators was announced on Monday, July 5. The announcement by the Inland Revenue Service (USA) will aim to increase cooperation between the United States of America, the Netherlands, Australia, Canada, and the United Kingdom in order to combat crimes committed using cryptocurrencies, specifically tax evasion. дальше »
2018-7-9 14:59 | |
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Crypto Exchange Binance Expects up to $1 Billion Profit in 2018
Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. дальше »
2018-7-8 14:10 | |
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