Colombian President Promises to Cut Rent Taxes for Crypto Firms: Colombian President Ivan Duque has recently promised to cut taxes for cryptocurrency and blockchain startups, local newspaper El Tiempo reported Wednesday, August 29. Duque delivered an opening message during ANDICOM, an international congress on information and communications technology (ICT) held annually in Cartagena de Indias, … Read more
Bitcoin (BTC) is all set to end August with double digit-losses, but a closer look at the price action suggest better times lie ahead for the leading cryptocurrency. At time of writing, BTC is trading at $6,940 – down 10.7 percent from the month’s opening price of $7,727, according to CoinDesk’s Bitcoin Price Index. However, … Read more
In the latest news, a report has it that rapper and actor Eminem has given bitcoin’s public awareness another boost, giving it a mention in a song on his just-released album, “Kamikaze.” In track dubbed “Not Alike,” fellow artist Royce Da 5’9′ – who guest features on the piece – raps: “Remember everybody used to … Read more
Bitcoin Falls below $6,000 amid cryptocurrency sell-off: Bitcoin fell below $6,000 late Monday — for the first time since June — against a backdrop of cryptocurrencies declining in value. The world’s largest digital currency by market value tumbled as low as $5,900 at around 10 p.m. ET, and was down around 4 percent, according to … Read more
Bitcoin’s value will come in time, even if investors are spooked now, crypto advocate says: In the latest news, a report has it that Bitcoin’s narrative is hard to pin down, but as with early internet stocks, real traction will come in time. This statement was made by a cryptocurrency advocate, Meltem Demirors on Monday … Read more
Bitcoin‘s Price Falls Below $6K to Near 2018 Low: The price of bitcoin fell below $6,000 on Tuesday, a move that brought the world’s largest cryptocurrency within 2 percent of its 2018 low. At press time, bitcoin is trading hands at $5,922, printing a 5 percent 24-hour depreciation, according to the CoinDesk Bitcoin Price Index, … Read more