Japan Relents, Will Kill Sales Tax on Bitcoin Buying

  In what will come as welcome relief to bitcoin adopters in the country, Japan is set to end its 8% ‘consumption tax rate’ imposed on buyers of bitcoin through digital currency exchanges. Japan is now looking to end the sales-tax collection on transactions related to purchases of virtual currencies like bitcoin, come spring. A report […]

The post Japan Relents, Will Kill Sales Tax on Bitcoin Buying appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dKdNbh
via IFTTT

ICO Token Sale Bonanza Raises Legal, Moral and Practical Questions

Millions have been raised in minutes over the past few weeks as new business models form on top of Ethereum. However, even while the network was under DoS and Vitalik called for a temporary pause, some rushed through their token sale. What are, therefore, the legal, practical and moral implications of this rising trend? It […]

The post ICO Token Sale Bonanza Raises Legal, Moral and Practical Questions appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dioTF2
via IFTTT

BitTorrent Project WebTorrent Taps Bitcoin And Blockchain

Bitcoin and blockchain technology may be among the more obvious tools of evolving Internet decentralization, but BitTorrent, peer-to-peer file sharing, also portends major changes for commerce and industry. Because bitcoin and blockchain technology use peer-to-peer protocols, they are often deployed in BitTorrent projects. Direct File Sharing WebTorrent, a streaming BitTorrent client for the browser, powered […]

The post BitTorrent Project WebTorrent Taps Bitcoin And Blockchain appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2e4fcb0
via IFTTT

Bitcoin Exhibit Hosted at the Smithsonian Museum

Bitcoin has been included in its own section within the Value of Money exhibit showcase by the Numismatic Association at the Smithsonian Museum, for the National Numismatic Collection. There’s a general description of cryptocurrencies, along with a picture of the exchange rate of bitcoin to/from USD for the year 2014, considered by mainstream media to […]

The post Bitcoin Exhibit Hosted at the Smithsonian Museum appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2eciPR5
via IFTTT

Bitcoin Price Rally Looks to Have Legs

Today, we will take yet one more look at the long term, 8-day candle chart of BTC, per Kraken. We looked at a bull setup from the Jan 2015 over the weekend and saw indications that BTC will likely be in a bull market through the end of the year. Then yesterday we looked at […]

The post Bitcoin Price Rally Looks to Have Legs appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2e6sd4Z
via IFTTT

Spanish Electricity Giant Endesa is Harnessing Blockchain Tech

Major Spanish energy company Endesa has revealed plans to open a blockchain laboratory in an effort to encourage development of blockchain-based solutions for the energy industry. Endesa, the largest power utility in Spain, has joined the growing number of companies across various industries looking to leverage blockchain technology for industry-specific applications. The electricity provider, through […]

The post Spanish Electricity Giant Endesa is Harnessing Blockchain Tech appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2e2P7ye
via IFTTT

Nasdaq to Share Its Blockchain Tech with the Hong Kong Stock Exchange

The president and chief operating officer of Nasdaq, Adena Friedman, has said that it is hoping to share information with the Hong Kong Stock Exchange on its blockchain technology, according to a report from the South China Morning Post. According to Friedman, it has become a priority for the New York-based Nasdaq to work with […]

The post Nasdaq to Share Its Blockchain Tech with the Hong Kong Stock Exchange appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dIpLpu
via IFTTT

Barclays Bank Leads UK Financial Firms in Complaints

Barclays Bank received the most complaints in the first half of 2016 of all financial services firm, according to latest figures from the UK financial regulator. The Financial Conduct Authority said that between January and June Barclays complaints increased 3% from the second half of 2015, reaching 287,463. HSBC was the only other big five […]

The post Barclays Bank Leads UK Financial Firms in Complaints appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2e2q1zp
via IFTTT

Bitcoin Scaling Conference In Milan Highlights Collaborative Initiatives

There is no shortage of ideas about how to meet the bitcoin scaling challenge. More importantly, however, is the willingness of the community to share its ideas and work on ways to bring them to fruition. This much was obvious from this weekend’s Scaling Bitcoin “Retarget” conference held at the Politecnico di Milano Piazza Leonardo […]

The post Bitcoin Scaling Conference In Milan Highlights Collaborative Initiatives appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dEjGrT
via IFTTT

Hillary Clinton: Wall Street Insiders Can Reform Themselves

Presidential Candidate Hillary Clinton believes Wall Street insiders can lead financial reform of themselves. The revelations, however, did not grab the attention of mainstream media unlike chauvinistic comments made by her opponent, Republican Presidential Candidate Donald Trump. “Remember what Teddy Roosevelt did,” Clinton said. “Yes, he took on what he saw as the excesses in […]

The post Hillary Clinton: Wall Street Insiders Can Reform Themselves appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2ek7m15
via IFTTT

Bitcoin Price Update

Following up on the weekend look at Bitcoin’s long term price chart, we will look again today at the long term (8 day candle) chart of BTC, per Kraken. Over the weekend we looked at a Bull Setup.  As we saw, that setup suggests a bull move that will likely last several more months.  But […]

The post Bitcoin Price Update appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2e0qEJV
via IFTTT

Bitcoin Could Get a Festive Push in India

Diwali, the Hindu festival of lights, is soon upon us, but could this celebration filled with fireworks, decorations, and lights help boost bitcoin adoption in the country? On October 20, Diwali will, for five days, light up the skies as Indian people around the world celebrate the festival by lighting candles and fireworks to seek […]

The post Bitcoin Could Get a Festive Push in India appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dZYSYt
via IFTTT

Ripple Chart Shows an All-Time High Market Cap

 Ripple has reached an all-time high in market capitalization, according to CoinMarketCap. Ripple’s CoinMarketCap chart threw up unexpected numbers this morning. Whether an error or a rabid surge, Ripple registered an explosion in market capital early Monday morning (GMT), scaling from $270 million to $1.2 billion. Trading volumes have more than doubled to over $8.7 […]

The post Ripple Chart Shows an All-Time High Market Cap appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dWdyso
via IFTTT

Keene Residents Listen to a Bitcoin Radio Ad Campaign

Keene, New Hampshire launched a local bitcoin radio ad campaign today in a bid to empower local bitcoin owners so that they can keep more from each sale instead of paying a percentage fee to credit card companies. When it comes to the adoption of bitcoin, Keene is considered a forward-thinking community that is embracing […]

The post Keene Residents Listen to a Bitcoin Radio Ad Campaign appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dZQVYQ
via IFTTT

Indian Bitcoin Wallet Zebpay Looks to Raise $5 Million in Funding

According to reports, Indian bitcoin wallet provider Zebpay is in talks to secure $4-$5 million in a Series-A round of funding. By November, bitcoin wallet startup Zebpay is expecting to close Series-A funding of $4-$5 million, according to co-founder Saurabh Agarwal. A report from Indian business daily The Economic Times revealed that the company is […]

The post Indian Bitcoin Wallet Zebpay Looks to Raise $5 Million in Funding appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dehmqR
via IFTTT

Federal Reserve Governor: Blockchains “Genuinely Innovative” and Transformative

Lael Brainard, Federal Reserve Governor, made the case this Friday for blockchain technology in a speech delivered at the Institute of International Finance Annual Meeting announcing a “working group that is engaged in a 360-degree analysis of financial innovation across the broad range of our responsibilities” as well as a paper to be published later […]

The post Federal Reserve Governor: Blockchains “Genuinely Innovative” and Transformative appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dos1Nn
via IFTTT

What Could Legislation Do for Bitcoin in the US?

A section of US Democrat and Republican congressmen now agree to something about cryptocurrencies: the need for them, as lawmakers, to know more about what it is. According to U.S. Rep. Mick Mulvaney, most of the lawmakers do not know the difference between bitcoin and the blockchain technology hence the formation of the bipartisan Blockchain […]

The post What Could Legislation Do for Bitcoin in the US? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2d4qGu2
via IFTTT

Has the Oasis run dry? Anatomy of a Dark Net Market Exit Scam

For anyone familiar with the dark net markets on the Deep Web, exit scams – the sudden disappearance of a market’s website and forum without any legitimate explanation, along with the bitcoin or any other cryptocurrency held in escrow, such as a hacking, DDoS attack, or seizure by law enforcement – are a risk one […]

The post Has the Oasis run dry? Anatomy of a Dark Net Market Exit Scam appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dWnrG0
via IFTTT

Bitcoin Price Weekly Update

Long-time readers of CCN may remember me.  I was a technical analyst in 2014 reporting on Bitcoin price from a traders’ perspective.  I believe many readers will find my analysis a bit different from those of other technical analysts.  While I am familiar with the indicators used by many traders, I rely on geometry first […]

The post Bitcoin Price Weekly Update appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dMPFGx
via IFTTT

Police Arrest Backpage CEO For Facilitating Sex Trafficking

Carl Ferrer, chief executive officerof Backpage, a classified advertising website that accepts bitcoin and has been linked to facilitating sex trafficking, has been arrested on pimping charges, according to Reuters. Texas and California attorneys general said Ferrer was taken into custody in Houston, Texas on a California warrant. Backpage is the second largest classified advertising […]

The post Police Arrest Backpage CEO For Facilitating Sex Trafficking appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

from News – CCN: Financial Bitcoin & Cryptocurrency News http://ift.tt/2dU3CPh
via IFTTT