- Gary Fowler on Federal Judge Sides with Coinbase Customer Against IRS: “When you apply for a mortgage and are approved for it, the bank simply prints a check and hands it…” Jul 22, 08:42
- on Federal Judge Sides with Coinbase Customer Against IRS: “Yes, taxes did exist before fiat, but fiat doesn't exist without government. Government forces you to use fiat to pay…” Jul 22, 07:27
- on Federal Judge Sides with Coinbase Customer Against IRS: “Taxes existed long before fiat currencies. So it is a false reasoning. But most importantly: "Fiat currency is created out…” Jul 22, 06:31
7 days ago
This week the price of bitcoin has been descending downwards following a bearish trendline and is currently hovering just around the US$2000 range. The price started its downtrend on July 10 after staying around the $2550 territory for a few days, but subsequently started dropping to a low of $2225 on July 14. At press time the price of BTC is struggling to stay above $2K,...
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The People’s Bank of China (PBOC) has recently provided further detail regarding the cryptocurrency regulations that China is currently formulating. On ICOs, a PBOC counselor described ‘moderate regulation’ as necessary, whilst stressing the desire of China not to prematurely stifle bitcoin innovation and growth within the Chinese cryptocurrency markets. China’s central bank has also rejected the notion of cryptocurrency comprising a currency.
Also Read: BTCC Founder...
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An upcoming meeting of the Uniform Law Commission (ULC) is likely to change how law enforcement across the U.S. approaches bitcoin. Right now, the meeting is under the radar, but its fallout could soon make a pivotal debate flare on a state-by-state level.
Also Read: Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer
To Regulate or Not to Regulate? – That is the Question
It is...
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There are multiple ways people can store bitcoins offline, using either a paper wallet or hardware options from companies like Trezor, Opendime, Ledger, and Keepkey. However, bitcoin users can also create a bitcoin wallet on a far cheaper USB thumb drive as well to store coins offline.
Also Read: How Much Does it Cost to Run a Full Node?
Creating an Inexpensive Bitcoin Wallet USB Thumb...
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Bitcoin has recently seen greater exploration and adoption from the art industries. In recent weeks, a high-profile UK art gallery has announced that it will accept cryptocurrencies, a painting has been purchased by a Hong Kong collector using bitcoin, and multiple art exhibits have sought to visually represent virtual currency.
Also Read: Poland's Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin
Dadiani Fine Art, a Contemporary...
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From The Editor
This week News.bitcoin.com sports a slightly different look. We've updated to a new design scheme to achieve a more distinct presentation and better user flows. This is only the first iteration (so please excuse us if the UI is a little shaky these first days). We'll add bits here and there as we go forward. We hope you'll enjoy the progress. /Nanok Bie - Editor-in-Chief
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