bitcoin atm

Iceland Gets Its First Bitcoin ATM

Iceland’s first bitcoin ATM has been installed at the Hlemmur Square hotel. It is thought, moreover, to be one of the first bitcoin ATMs in Europe. Hlemmur Square’s Bitcoin ATM only accepts deposits currently, but it’s hoped that customers will be able to withdraw money from it in the future. The average age of Hlemmur […]

bitcoin price

Bitcoin Price Soars Above $11,600 Amid Strong Korean Demand

Bitcoin Price Soars Above $11,600 Amid Strong Korean Demand Bitcoin’s recovery continues with prices passing $11,600 in the morning’s trading. At the time of writing, the bitcoin global average was at $11,462. Notably, valuations are higher over on data provider CoinMarketCap, where high prices in South Korea seem to be inflating the figures. At press […]

california bill to make blockchain legal

California Bill to Legally Recognize Blockchain Data

California Bill to Legally Recognize Blockchain Data A California lawmaker has introduced a bill that, if passed, would update the state’s electronic records laws to account for blockchain signatures and smart contracts. Assembly Bill 2658, submitted by Assemblymember Ian Calderon last week, expands the definition of electronic records and signatures – contained in the Uniform […]

us marshals bitcoin auction

US Marshals Auction $30 Million in Bitcoin

US Marshals Auction $30 Million in Bitcoin The U.S. Marshals Service confirmed Thursday that more than 3,600 bitcoin sold at auction in January have been successfully transferred to five winning bidders. An unknown winner received 1,600 bitcoin (worth about $13.4 million at press time), the agency confirmed in an email today, with the remaining buyers […]

bitcoin crash

Scenarios That Could Cause the Price of Bitcoin to Tumble

In 2017, Bitcoin gained nearly 14,000% making the digital currency the story of the year. But its ascent to the top of the cryptocurrency market is not without risks. Bitcoin’s market dominance has fallen from a lofty 85% in January 2017 to 38% at the end of 2017, reflecting investors’ uneasiness about placing all their […]

India government send tax notices

India Government Sends Tax Notices to Cryptocurrency Traders

India’s government has reportedly sent tax notices to cryptocurrency traders and investors following a nationwide survey. According to Reuters, a survey found that Indian citizens conducted more than $3.5 billion worth of trades and other transactions across a 17-month period. The government also collected data from nine exchanges within the country, and per the report, […]