Blockchain Week New York City, the annual conference also known as Consensus 2018, kicked off yesterday. Based on the market reaction in the previous three events, analysts expect the prices of Bitcoin and altcoins to move upward. Fundstrat’s technician Robert Sluymer says Bitcoin has bottomed with an upside seen from here. Blockchain Week New York to … Read more
Robinhood Smartphone Trading App Adding Bitcoin and Ether – Popular smartphone app Robinhood announced it will begin to allow users to trade bitcoin next month, and without transaction fees. Until now, online retail brokerage platforms have been careful about dabbling in bitcoin by way of futures contracts, preferring not to deal directly in cryptocurrency. The … Read more
If you own bitcoin, here’s how much you owe in taxes: Whether you’ve used bitcoin as an investment or as a currency, you owe taxes on it. As far as Uncle Sam is concerned, bitcoin is not currency. It’s property. That means whenever you buy something with bitcoin, it’s two transactions, not one. What you’re … Read more
In the latest development, a report has it that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said investing in virtual currencies such as bitcoin, is a “risk that cannot be supported” by the apex bank. Godwin Emefiele According to the report source, Emefiele stated this in an interview with reporters … Read more
Stock trading app Robinhood to launch bitcoin, ethereum trading in five states– Stock trading app Robinhood is becoming a cryptocurrency broker. Customers in California, Massachusetts, Missouri, Montana and New Hampshire will be able to trade bitcoin and ethereum through the app beginning in February, Robinhood announced Thursday. In the meantime, all customers can now track … Read more
50 Cent forgot he had a stash of Bitcoin now worth $8m: 50 Cent has discovered that he is a Bitcoin millionaire, thanks to some long-forgotten album sales. In 2014, he released the album Animal Ambition and became the first artist to accept Bitcoin as payment. The rapper received more than 700 Bitcoins under the … Read more