Tag Archives: Bitcoin

Newegg Expands Bitcoin Payments to Canada

Computer hardware retailer Newegg has begun accepting Bitcoin payments in Canada. Newegg — which has approximately 36 million customers and was one of the first well-known companies to accept cryptocurrency payments — made the announcement on Tuesday, explaining that Bitcoin payments have represented a “small but growing stream of purchase transactions” in the US and that the retailer wanted to make the feature available to Canadian customers as well. Continue reading Newegg Expands Bitcoin Payments to Canada

Canadian Homeowner Will Only Take Bitcoin for Condo Sale

A Toronto man is demanding digital currency for his Ontario property. Former Wall Street businessman Derryn Shrosbree has listed his home for 35 bitcoins- $450,000 in today’s market. He told CBC News that the move was driven by a belief in the technology: “I believe it’s the future”. Continue reading Canadian Homeowner Will Only Take Bitcoin for Condo Sale

India’s Biggest Tax Filing Platform is Helping Investors File on Bitcoin Gains

A new partnership between major cryptocurrency exchange Zebpay and tax filing platform Cleartax aims to assist cryptocurrency investors file taxes on capital gains from their crypto assets. Continue reading India’s Biggest Tax Filing Platform is Helping Investors File on Bitcoin Gains

Collector Courts Bitcoin Millionaires

Cryptocurrency proponents and skeptics alike have compared the nascent asset class to digital baseball cards, so it makes sense that the world’s highest-grossing baseball card auction will accept Bitcoin as payment. The seller is Evan Mathis, a former lineman who played 13 seasons in the National Football League (NFL), and the item is a 1952 Topps Mickey Mantle, graded Mint 9 by memorabilia authenticator PSA. Continue reading Collector Courts Bitcoin Millionaires

Bitcoin is Gaining Legitimacy in Europe

Earlier this week, a Dutch court described bitcoin as a transferable value during a case that requested Koinz Trading BV to pay mining proceeds worth $5,000, or 0.591. The court explicitly stated that property rights apply to bitcoin, given that as a cryptocurrency, it is able to transfer value in a peer-to-peer manner. The court went on to note that the cryptocurrency is a legitimate transferable value. Continue reading Bitcoin is Gaining Legitimacy in Europe