Silver as an investment

Category Archives: Digital currency exchange

Bitcoin’s Growing Price Gap Between Exchanges Creates Potential Headaches For Futures Trading

On Thursday, as the Bitcoin price made record high after record high, spiking to somewhere between $16,000-19,500, it was one of the top stories across mainstream media outlets, never mind Reuters, Bloomberg and the FT. However, what exactly was the all-time high for Bitcoin? Because of Bitcoin's growing "price gap", it depended where you looked. […]

The Government Is Coming For Your Bitcoin

Authored by Simon Black via SovereignMan.com, The same day Bitcoin cracked its all-time high above $11,000, the government dealt its first blow to the crypto world… On Wednesday, a federal judge in San Francisco ordered the popular Bitcoin exchange, Coinbase, to provide the IRS with information on over 14,000 account holders. The taxman noticed that […]

The IRS Is Puzzled: Why Out Of 500,000 Coinbase Users, Only 900 Reported Gains Or Losses

Almost exactly one year ago, the IRS realized that it could be leaving billions of dollars on the table in the form of uncollected taxes, and launched a tax-evasion probe on the largest US Bitcoin exchange, Coinbase, seeking to identify all Coinbase users in the U.S. who “conducted transactions in a convertible virtual currency” from […]

The “Wolf Of Wall Street” Says Jamie Dimon Is Right About Bitcoin

The guy who made tens of millions of dollars misleading American retirees into buying worthless pink sheet stocks says he agrees with J.P. Morgan Chase & Co. CEO Jamie Dimon’s comment that bitcoin is “a fraud.” Jordan Belfort, the inspiration for Leonardo DiCaprio’s character in the 2013 Martin Scorsese film “The Wolf of Wall Street,” […]

South Korea Overtakes China As Bitcoin’s Third-Largest Market

China-based digital currency exchanges have until the end of September to cease operations after Chinese authorities, spooked by the ICO craze, decided earlier this month to crack down on all exchange-based digital currency trading. Trading volume in China has fallen dramatically since the country’s exchanges briefly halted withdrawals earlier this year as they implemented new […]

China Is Planning ICO Crackdown, Threatens Life In Prison For Crypto Fund Fraud

Earlier this year, Chinese digital currency exchanges temporarily halted customer withdrawals to upgrade their AML controls at the behest of financial regulators. The halt, which lasted for months, caused a temporary chill in the local bitcoin market, causing China to forfeit its position as the world’s largest bitcoin market. Now, Chinese regulators have signaled that […]

Australia Cracks Down On Bitcoin Exchanges; Shrugs Off Banks’ “Systemic” Money-Laundering Violations

Australian Government Is Cracking Down On The Nonexistent Bitcoin Money-Laundering Epidemic Australia’s largest banks can’t seem to go six months without a new scandal. In April, regulators accused Commonwealth Bank, one of the country’s largest financial institutions, of “systemic” money laundering violations, sparking an investigation into the broader banking sector, and the promise of heavy-handing […]

BTC-E Says It Will Return Customers’ Bitcoins After Being Shut Down By DOJ

In what would be a surprising achievement, after the US government seized the site's domain, BTC-e announced that it has somehow retained access to customer wallets and deposits nearly two weeks after the site was taken down by a collaboration between US and European authorities. The announcement was published on a bitcoin forum account long […]

Greece Arrests Russian “Mastermind” Behind $4 Billion Bitcoin Laundering Scheme

Greek authorities have arrested a 38-year-old Russian man wanted in the United States on suspicion of masterminding a money laundering operation involving at least $4 billion through transactions in bitcoins. Reuters reports, a US jury indicted the man on Wednesday over the scheme which involved crimes ranging from computer hacking to drug trafficking. KeepTalkingGreece reports […]

Jim Cramer Goes Batty: “Bitcoin May Hit $1,000,000”; Act Now Before It’s Too Late!

Authored by Mike Shedlock via MishTalk.com, It’s hard to know when bubbles will end but when analysis goes ape-sh*t batty, it’s easy to know the bubble exists. Jim Cramer’s analysis of Bitcoin provides a perfect example. CNBC reports Cramer says it’s possible bitcoin could reach $1 million one day. The price of digital currency stockpiled […]