Tuesday, April 16, 2024

US government to auction $1.6m in seized bitcoin

The US government plans to auction over 2,700 bitcoin that were forfeited during several cases, including that of online black market Silk Road. Read more: fortune.com

Swedes skeptical of Central Bank digital currency e-Krona

According to a survey, the Swedish population isn’t keen on the e-Krona, the digital currency recently proposed by the central bank. Read more: www.cryptocoinsnews.com

Bitcoin still not ready for prime time, Citi says

Bitcoin is an interesting experiment that is no threat to the banking system. Read more: blogs.wsj.com

“Go with bitcoin, skip central banks” says finance manager 

Bitcoin is an example of a new innovation that will see the current financial infrastructure governed by central banks challenged. Read more: fintechranking.com

Cryptocurrencies rise on Trump victory

Donald Trump’s historic victory in the 2016 US presidential elections immediately hammered the value of the dollar on foreign currency exchange markets. Read more: www.techcrunch.com

Cryptocurrency platform gets a controversial update

The custodians of the popular cryptocurrency platform Ethereum implemented a controversial change to it Wednesday, but broad questions remain about its long-term impact. Read more: www.wsj.com

Coinbase receives approval to trade Ether and Litecoin

Cryptocurrency exchange Coinbase has just received approval to offer trading of litecoin and ether in New York state. Read more: www.coindesk.com

Stricter regulation in Europe for bitcoin companies

The European commission said yesterday (July 5) that it was proposing strict new rules for companies that exchange or store digital currencies such as bitcoin. Read More: qz.com

Bitcoin breaks $1,000

Given the past few days, it seems like 2017 could be a banner year for bitcoin. Bitcoin broke past $1,000 in value on its first day of trading in 2017. Read more: www.pymnts.com

Bitcoin is a ‘Material Enough Phenomenon’

The Australian Government paper is fundamentally highlighting the lack of an accounting standard by the IASB when dealing with digital currencies. Read more: www.cryptocoinsnews.com

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