It’s official: Ohio is First State to Accept Crypto for Tax Payments

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If you are in the United States, it will interest you to know that the U.S. state of Ohio has set a new crypto record. Indeed, Ohio announced that it will start collecting taxes in cryptocurrency. Basically, this means that the local authorities are beginning to come to terms with the fact that cryptocurrency is … Continue reading “It’s official: Ohio is First State to Accept Crypto for Tax Payments”

NASDAQ Set to Launch Bitcoin Futures Despite Bear Market

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In the traditional stock exchange market, NASDAQ needs no introduction. Launched in 1971, National Association of Securities Dealers Automated Quotations (NASDAQ) is the world’s second-largest stock exchange by MCAP. Obviously, it is a dealer market that has been active in the industry for nearly half a century, attracting the biggest names in the world. For … Continue reading “NASDAQ Set to Launch Bitcoin Futures Despite Bear Market”

Tim Draper, Tech Billionaire, Remains Bullish on Cryptocurrency

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If there is anything causing Tim Draper to lose sleep, it is certainly not the slump in the cryptocurrency market. Indeed, the 60-year-old tech billionaire has bigger fish to fry. He was speaking on the bear market lately. In a bid to show his bullish stance on cryptocurrency, the whale said that the global economy … Continue reading “Tim Draper, Tech Billionaire, Remains Bullish on Cryptocurrency”

From Currency To Food, Blockchain Can Transform The World

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The Blockchain was first conceptualized to provide support for cryptocurrencies, and aid in their transactions. Ever since, the technology has been harnessed in different fields, and shown great results. Recently, a Blockchain startup, IDA mentioned that tokenization of assets can actually help harness the power of the Blockchain to a maximum. In fact, IDA suggested, … Continue reading “From Currency To Food, Blockchain Can Transform The World”

Four ICOs Shut Down in Colorado Crackdown

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In an ongoing  Initial Coin Offering (ICO) crackdown in the United States, the Colorado State Department of Regulatory Agencies (DORA) has ordered the closure of four ICOs. These ICOs are not compliant with the rules of the U. S. Securities and Exchange Commission (SEC). Therefore, the SEC suspended their operations. Regulators from all over the … Continue reading “Four ICOs Shut Down in Colorado Crackdown”

How Blockchain is Changing the Data Supply Chain

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In a technological sense, the blockchain plays a pivotal role in the creation of trusted, immutable records of transactions. However, the downside is that this innovative technology has no place in collaborative ecosystem applications. Now, the question is, “How do we figure out what the blockchain really means to us?” Another question we will have to … Continue reading “How Blockchain is Changing the Data Supply Chain”

Guide: What is Bitcoin Mining?

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The advent of blockchain technology and cryptocurrencies has created a spur amongst the technology enthusiasts. Opening the gates for creating highly diverse ecosystems, applications, and new earning opportunities, Bitcoin mining has always been in the spotlight of the crypto world. What is it and how does it work? We will see in this guidepost. Overview … Continue reading “Guide: What is Bitcoin Mining?”

What the Dot Com Bubble teaches us About Cryptocurrencies

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Remember the dot com bubble? If no, we’ll break it down for you. Well, it was a popular era where a  .com attached to a company’s name would guarantee a price hike. You may now be wondering, “What happened to the bubble?” Well, your guess is as good as ours. Of course, it has burst! … Continue reading “What the Dot Com Bubble teaches us About Cryptocurrencies”

Bitex Exchange Opens in United Arab Emirates (UAE)

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The Asian crypto exchange Bitex has just launched services in the United Arab Emirates (UAE).  Bitex itself just launched earlier this year with a vision of improving some of the limits they see in other exchanges. Its main goal is to offer a more local, bank-like service. Currently, Bitex serves 8 countries in Asia, including … Continue reading “Bitex Exchange Opens in United Arab Emirates (UAE)”

BitPay COO Sonny Singh Sees Bitcoin at $15-20K by 2019

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Sonny Singh, COO of the popular crypto payment provider BitPay, says Bitcoin’s (BTC) turnaround is coming by the end of 2019 . Speaking to Bloomberg on Thursday, Singh said the coin will reach new heights.  His prediction comes at a low point for Bitcoin (BTC). Since November 13, its market cap has plunged 33%. At … Continue reading “BitPay COO Sonny Singh Sees Bitcoin at $15-20K by 2019”