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How the China Bitcoin Mining Ban Serves to Silence Crypto Naysayers
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2019-04-09

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If you visit just about any crypto news publication today, you will see at least one story detailing the recent news that the Chinese government is considering a blanket ban on Bitcoin mining. Perhaps testament to the world superpower’s repeated clampdowns on various aspects of digital currencies (exchanges and ICOs, in recent memory), the price of Bitcoin seems largely unaffected by the news.\nWhat is more interesting than the nation’s potential clampdown, or …
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PayPal Clampdown on UK Academic Cheating Could Drive Kenyan Writers to Bitcoin

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2019-04-09

PayPal announced last week that it would no longer process payments associated with academic essay-writing services, intended to give wealthy, lazy students in the UK a way to get qualified without working for it. Although the move might benefit the UK education system, it could cause the loss of jobs for thousands of academics living in the third-world – unless they discover Bitcoin soon.\nReports state that even before the news that PayPal would no longer facilitate …

French Stock Market Regulator Issues Warning About Crypto-Related Firm

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2019-04-09

The Autorité des marchés financiers — France’s finance watchdog — has warned the public against a firm offering crypto-related services

Crypto Tax Firm Makes Half-Baked Bid to Drag Coinbase Through the Mud

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2019-04-09

CCN received a “consumer warning” this morning from a crypto tax preparation firm. The warning outlines two aspects of crypto tax that the firm believes have been done wrong by other outfits – namely Bitcoin exchange Coinbase and Intuit, the creator of TurboTax. As regards Coinbase, the firm writes: “The online tax guidance provided by Coinbase implies that airdrops are taxable as ordinary income—which is reported on Line 21 of Schedule 1 of Form 1040—rather than as …

Asia Leads Bitcoin Futures Volume to Skyrocket to Record Highs in April

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2019-04-09

Bitcoin’s recent surge from $4,000 to over $5,300 has sent shockwaves throughout the crypto markets, as it has led many individual cryptocurrencies to clock in gains of 50% or more, while others have more than doubled from their monthly lows.\nAnother impact that this price surge had on the markets is sparking a renewed interest in Bitcoin futures, as the CME Group’s Bitcoin contract trading volumes have surged to record highs in the first few days of April …

Michigan House of Representatives Votes to Include Cryptocurrencies in Criminal Laws

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2019-04-09

The Michigan state legislature has introduced a bill that would update its penal codes to include crimes committed using cryptocurrencies

Mt. Gox: Legal Advocate Quits, Takes Massive Loss on Bitcoin Claim

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2019-04-09

Andy Pag, who founded Mt. Gox Legal, has resigned his position as leader of the group, which represents the majority of the now-defunct Bitcoin exchange’s creditors (users who still had funds on the platform at the time of its implosion.) While some reports have said that users could get paid as early as this year, Pag believes that the over-sized claim of startup incubator and one-time Mt. Gox partner CoinLab will slow the process to a crawl. CoinLab’s $16 …

EOS Price Streak Remains Intact as Coinbase Pro Trading Kicks Off

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2019-04-09

Today is not necessarily the best of days for most cryptocurrencies. While most of the markets do not suffer from too negative pressure right now, it seems that situation may come to change in the very near future. The EOS price is still going strong, which may come as somewhat of a surprise to the masses.\nEOS Price Momentum Remains Intact\nWhen it comes to the cryptocurrency industry, the mid-week is usually a time where things either take shape or fall apart completely. For …

How the China Bitcoin Mining Ban Serves to Silence Crypto Naysayers

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2019-04-09

If you visit just about any crypto news publication today, you will see at least one story detailing the recent news that the Chinese government is considering a blanket ban on Bitcoin mining. Perhaps testament to the world superpower’s repeated clampdowns on various aspects of digital currencies (exchanges and ICOs, in recent memory), the price of Bitcoin seems largely unaffected by the news.\nWhat is more interesting than the nation’s potential clampdown, or …


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