Tag Archives for " United States "

Government shutdown could delay tax refunds and is Amazon Prime still worth it after the monthly price hike?

Happy Friday, MarketWatchers! Here are your top personal finance stories of the day. Personal Finance Why we have trouble kissing bad relationships and investments goodbye The sunk cost fallacy extends from public transport and relationships to stocks student debt. Millions of Americans are one pay check away from the street As income stagnates, millions of […]

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Blockexplorer.com Declares a Preference for Bitcoin Cash Over “Blockstream Fork”

Announcements Blockexplorer.com has announced that it will henceforth refer to Bitcoin Cash as Bitcoin only and the “Blockstream fork of bitcoin” as Bitcoin Legacy.  Also Read: Michael Novogratz $400 Million Bet: Form Giant Crypto Merchant Bank An Evolutionary Dead End Blockexplorer.com, which provides detailed information about bitcoin blocks, addresses, and transactions, will be supporting Bitcoin Cash […]

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Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining

Mining In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged […]

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Economist James K. Galbraith isn’t celebrating Dow 25,000

Pardon James Galbraith if he sits out the celebration of Dow 25,000. University of Texas economist Galbraith, the son of the famous Harvard economist John Kenneth Galbraith, believes mainstream economists and the Federal Reserve are too wedded to old ideas to see what is really going on in the economy. Specifically, Galbraith is worried that […]

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US Government to Sell Bitcoin Seized from Dark Web Dealer

Featured The US government has been approved by a federal judge in Utah to sell 513 Bitcoin and 512 Bitcoin Cash seized from an investigation involving Aaron Michael Shamo, a dark web dealer. Also Read: Bitfury as Big Brother: Mining Company Tracks Bitcoiners 513 Bitcoin and 512 Bitcoin Cash The U.S government is expected to sell […]

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United States of Bitcoin: Illinois Gives Crypto Love While Other States Hate

Featured The United States continues to divide over the issue of cryptocurrency generally and bitcoin in particular. Idaho and Alaska issued crypto investment warnings, while Iowa’s Insurance Division cautions against the digital asset’s “high risk,” and Utah announces “scam” scares. Illinois bucks the worrywarts, however, and is instead crafting legislation that would welcome crypto businesses […]

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Bitconnect Slapped with Securities Emergency Cease and Desist Order

Featured On Thursday the Texas Securities Commissioner (TSC) signed an Emergency Cease and Desist Order to stop Bitconnect from operating. The mysterious company is a popular bitcoin lending platform with a 4.1 billion USD market capitalization, and is long accused of being a scam. Also read: African Central Banks Told to Ditch Dollar and Buy […]

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African Holding Company VP Urges Central Bank to Buy Bitcoin and Ditch Dollar

Emerging Markets Concerned about the US dollar’s predicted drop in value, and many African countries relying on USD cash reserves, vice president of Groupe Nduom, a leading financial holding company, Papa-Wassa Chiefy Nduom, has taken to Linkedin and Twitter to make the case for less reliance on greenbacks and more investment in bitcoin.    Also […]

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Japan’s GDP Grows Due to Bitcoin Wealth Effect

Finance Analysts Yoshiyuki Suimon and Kazuki Miyamoto claim bitcoin will assist Japan in a Gross Domestic Product (GDP) boost of 0.3% heading into the first three months of 2018. At the end of 2017, the cryptocurrency boasted a ¥12 trillion market capitalization, and if trends continue into early this year, that could translate into lifting […]

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Trump’s New Tax Bill Means Changes Ahead for U.S. Bitcoiners

Featured It has been 31 years since the United States addressed its labyrinthine tax structure. The 115th Congress passed a bill slicing seven income brackets on individuals to four, tweaking them mostly downward and slightly, lessening the corporate tax, and increasing deductions here while limiting others there. For bitcoiners, An Act to provide for reconciliation […]

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