Tag Archives: Bitcoin

OKEx Bitcoin Cash Futures Debacle Shows Danger of Unregulated Exchanges

The latest Bitcoin Cash hard fork had ramifications on the entire crypto community. Independent of whether you trade BCH, its recent split had disastrous financial consequences for many… and inspired some unorthodox moves from others. Malta-based exchange OKEx left traders furious last week after taking the decision to change the terms on $135 million Bitcoin Cash derivatives contracts. Continue reading OKEx Bitcoin Cash Futures Debacle Shows Danger of Unregulated Exchanges

Norway Removes Tax Breaks for Bitcoin Mining as Crypto Firm Labels it a ‘Disaster’

Norway, a country known for its green crypto mining outfits, has decided to roll back a tax structure which previously allowed cryptocurrency miners to be taxed on power consumption at the same rate as other industries which use a lot of energy, according to a local news outlet. Continue reading Norway Removes Tax Breaks for Bitcoin Mining as Crypto Firm Labels it a ‘Disaster’

French Tobacco Shops to Sell Bitcoin From 2019

French cryptocurrency adoption and usage are set to receive a minor boost from next year, as the French Prudential Supervision and Resolution Authority (ACPR), a regulatory offshoot of the Banque de France has granted permission for tobacco shops in the country to sell bitcoin from January 1, 2019. Continue reading French Tobacco Shops to Sell Bitcoin From 2019

Singapore’s First Legal Trial Over Bitcoin Trading Disputes Began Today

Singapore’s first cryptocurrency trial over questionable trading practices began today as the market maker and liquidity provider B2C2 sues cryptocurrency exchange Quoine. The charge? B2C2 maintains that Quoine wrongfully reversed seven trades in April 2017 that lead to proceeds being deducted without B2C2’s authorization. Continue reading Singapore’s First Legal Trial Over Bitcoin Trading Disputes Began Today

Bitcoin Price Rises From $4,050 to $4,560 Amid Extreme Volatility Following Bakkt Delay

Over the past 12 hours, the price of Bitcoin, which was dangerously close to breaching the $4,000 support level, surged from $4,050 to $4,560 by more than 12 percent. On Coinbase and major fiat-to-crypto exchanges like Bitstamp and Kraken, Bitcoin dropped to as low as $4,030 for a brief period of time and recovered to $4,200 almost immediately after. Eventually, BTC rebounded to $4,500, showing some resistance in the low $4,000 region. Continue reading Bitcoin Price Rises From $4,050 to $4,560 Amid Extreme Volatility Following Bakkt Delay