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Latest Articles in bitcoin

Bitcoins For Free? Japanese Cryptocurrency Exchange Lands In Hot Water Again

Zaif's operator had already faced checks after last month's theft of $530 million in digital money from Coincheck Inc, with regulators fearing its systems were at risk from cyber-attacks

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Bitcoin Extends Slide, Falls Below Usd 7,000

The currency, which surged more than 1,300 percent last year, has lost about half its value so far in 2018, as more governments and banks signal their intention for a regulatory crackdown. Last week bitcoin suffered its worst weekly performance since 2013

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Indian Budget 2018 Almost Kills Cryptocurrency, Govt Terms It An Illegal Tender

After months of speculations over the fate of cryptocurrencies in India, Finance Minister Arun Jaitley in his Budget 2018 speech explicitly reiterated that all crypto-currencies, which includes Bitcoin, are illegal and the government will take measures to eliminate it

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South Korea Plans To Ban Cryptocurrency Trading

Turmoil for the Bitcoin market on Thursday (January 11), as South Korea announces it may ban cryptocurrency trading altogether.

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Indian Authorities Weighing How To Regulate Cryptocurrencies: Sebi Chief

India currently has no regulation for cryptocurrencies, and like other global policymakers, it is seeking to understand how to supervise a market that many feel is a speculative bubble

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Indian Tax Authorities Investigating Ways To Collect Tax From Bitcoin Exchanges

Thousands of transactions are taking place every day in unregulated cryptocurrency exchanges and the Income Tax Department has launched surveys in the cities of Delhi, Mumbai, Pune, Bengaluru and Hyderabad, spokeswoman Surbhi Ahluwalia said

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Is Regulatory Forbearance Hurting The Cryptocurrency Market?

Given the nebulous nature of cryptocurrencies, there has been an ongoing turf war over whether it would be the RBI or SEBI which has appropriate jurisdiction to regulate them.

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Bitcoin Pauses Below Record Peak; Gained 55 Percent In November

Bitcoin investments are seen as mere speculation because demand has skyrocketed without fundamentals backing the cryptocurrency, said Jin Yong-Jae, a Seoul-based economist at HI Investment & Securities

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Bitcoin Electricity Consumption: Unsustainable Cryptocurrency

Research done by energy tariff comparison service shows that the amount of energy expended mining bitcoin globally has already exceeded the amount used on average by Ireland and most African nations and is more than the annual usage of almost 160 countries

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Bitcoin Not Big Enough To Threaten World Economy, Says Boe Deputy

Bitcoin has soared more than 900 per cent so far this year, the largest gain of all asset classes and prompting sceptics to say it is a classic speculative bubble

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Think Bitcoin's Getting Expensive? Try Zimbabwe

It's super volatile, fueled by speculation, and almost completely unregulated. Yet bitcoin is still seen as better than hard cash for some desperate people in Zimbabwe. People there are piling into the cryptocurrency as a safer haven for their money, as local inflation soars and cash runs short.

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Are Indians Bitcoin Ready !

With the number of users growing each passing day, it might not be long before we witness the Government inching towards compliance and further legalizing crypto currencies in India

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The Bitcoin Surge And Madness Of Crowds

The nature of bubbles is deceptive indeed. In 2014, none other than Warren Buffet said this about Bitcoin – “Stay away from it. It’s a mirage, basically"

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