News teaser

MrBitcoin September 23, 2018

Three pieces of legislation will be brought before Congress by the co-chair of the Congressional Blockchain Caucus. Their intent is to streamline the growing industry by introducing concise and transparent guidelines for businesses and investors, while also providing a safe harbor for taxpayers who use cryptocurrencies.    Accelerating the Development of Blockchain Tech Congressman Tom […]

MrBitcoin September 20, 2018

Bitfury has announced the release of a new Application-Specific Integrated Circuit (ASIC) chip, as well as a new generation of its Bitcoin mining hardware. The Bitcoin mining firm plans to integrate its new offerings across many of its data centers around the globe. Bitfury’s New Catalog of Bitcoin Mining Hardware The company announced the launch […]

MrBitcoin September 17, 2018

As consumer desire for palm oil continues to rise, movers and shakers within the industry look towards blockchain to solve issues related to production, accountability, and sustainability. Growing demand for palm oil over the last decade has driven a lot of new eyes towards the industry. Production of palm oil has become a popular way […]

MrBitcoin September 14, 2018

There are two types of Bitcoin investors out there. The optimistic ones who hold because they know that Bitcoin is not going to fail them in the end, and those against it. There’s no need for uncertainty anymore: the numbers are in. Bitcoin 00 Annual Returns, 2011-2018: Bitcoin Annual Returns, 2011-2018… pic.twitter.com/eJcXU9MzSm — Charlie Bilello […]

MrBitcoin September 6, 2018

Cryptocurrency debit card startup Crypto.com, formerly known as Monaco, announced it has chosen Singapore as the first market for an initial rollout of its product. Credit Cards ‘Unethical Business’ The company — which gained a fair amount of notoriety over its two-year development phase after significantly changing its business structure — raised $25 million in […]

MrBitcoin September 3, 2018

Heritage Sports Holdings recently used cryptocurrency to buy a 25 percent stake in Serie C football club Rimini FC 1912.  In a historic transaction, senior figures at Rimini FC 1912 (Rimini) have agreed to sell 25 percent of the team’s shares to Heritage Sports Holdings (HSH) in exchange for Quantocoin. Rimini is a club that […]

MrBitcoin August 31, 2018

Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via […]

MrBitcoin August 28, 2018

What bear market? The bitcoin hashrate has broken another record high this week as the world’s most popular cryptocurrency network gets stronger with each day.  Bitcoin Hash Rate Hits 62 Quintillion The Bitcoin hashrate, or the computing power of the Bitcoin network, has broken yet another all-time high of 62 quintillion hashes per second. This marks a […]

MrBitcoin August 23, 2018

The SEC has said no to applications for nine different Bitcoin ETFs. Applications came from ProShares, Direxion, and GraniteShares.   Nine applications to list and trade different Bitcoin ETFs were rejected by the SEC, according to three different releases dated August 22nd. The regulatory agency (predictably) rejected five proposed ETFs from Direxion, two from Proshares, and […]

MrBitcoin August 20, 2018

Tax authorities in Norway have urged diligence when reporting cryptocurrency profits after news emerged that two miners paid just 74,000 kronor ($8750) in tax on reported holdings of 34 BTC ($218,000). Much Bitcoin, Little (Taxable) Wealth As local news outlet Dagens Næringsliv reports August 20, Philip Eriksen and Roy Arne Olsen amassed the funds from […]