Bitcoin News Mash-Up: UK Banks Teams Up Against Bitcoin; Netagio’s New Features; and More UK Banks Treat Bitcoin as Threat The British Bankers Association recently submitted a document to the Treasury’s consultation, mentioning the pros and cons of digital currencies. The document however seemed more inclined towards criticizing Bitcoin’s fundamentals which makes it a powerful tool in sponsoring drug trafficking and terrorism. ...
On a relatively low volume day, the cryptocurrency market is riding high on bulls if one sees the current Bitcoin and Litecoin charts. However, the longevity of this fresh buying frenzy is not yet confirmed. Here have a look: BTC/USD 4H BitFinex Chart ...
The depressive Bitcoin value seems to have hit the cloud mining businesses hard, proves ZeusHash, a Bitcoin miner which recently announced to discontinue its cloud mining operations after facing a week of financial losses. In its announcement, the company elaborately explained customers that due to weakening Bitcoin value, they ...
Unión Progreso y Democracia (UPyD) of Spain has submitted a proposal to the country’s Congress wherein it outlines the requirements for Bitcoin regulation. The political party which is though liberal in ideology, calls out for stricter control measures to be placed on the technology in a bid to improve security and prevent fraudulent and criminal activity. ...
Netherlands Stockholder Association’s Director Paul Koster recently requested the central bankers to immediately ban the cryptocurrency Bitcoin. According to a report published on Dutch news service BNR, Koster deliberately chose the Bitcoin’s worst trading phase to throw tantrums over it. “These volatile Bitcoin price fluctuations ...
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