Crypto News Platforms 

EU agrees on rules to prevent money laundering and terrorism financing using cryptocurrencies by banning anonymous pre-paid card transactions on platforms, more

“BRUSSELS (Reuters) – European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement” writes Min Read for reuters.com. The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. The increased public scrutiny is considered essential by the EU commission and also by rights groups, to prevent financial crimes and tax evasion. Source: reuters.com Share This:

Read More
Crypto Markets News 

Klarman calls bitcoin a ‘trading sardine,’ others say ‘mania’ — They’re right

“I have no interest in this type of maniacal type of trading market,” he said on CNBC Wednesday” writes Tae Kim for cnbc.com. When asked for comment for this column on whether bitcoin is a “trading sardine,” Klarman replied: “Yes.”. These are not eating sardines, they are trading sardines.’ Like sardine traders, many financial-market participants are attracted to speculation, never bothering to taste the sardines they are trading. … trading in and of itself can be exciting and, as long as the market is rising, lucrative.Bitcoin futures trading launched this…

Read More
Crypto Futures Markets News 

TD Ameritrade to open trading on bitcoin futures

“TD Ameritrade is planning to offer clients access to Cboe’s bitcoin futures contract on Monday” writes David Paul Morris for cnbc.com. Interactive Brokers said it handled just over half of the Cboe bitcoin futures trading volume on the first trading day, which saw the highest daily volume so far at 4,127 contracts across all three bitcoin futures contracts.TD Ameritrade will not initially support CME’s bitcoin futures, which are set to launch this coming Sunday.In order to be eligible to trade the futures, clients must have a minimum balance of $25,000,…

Read More
Crypto Futures Markets News 

Bitcoin hits new record high as warnings grow louder

“But outside of the crypto market, worries continue to grow about the amount of money piling into the space” reports foxbusiness.com. While bitcoin has added another fifth to its value since Monday, trading has been slightly calmer than the wild price swings the market has seen in recent weeks, with volatility lower since the launch of bitcoin futures from Cboe Global Markets on Sunday. Source: foxbusiness.com Share This:

Read More
Crypto News Regulators 

We talked to Nobel Prize-winning economist Paul Krugman about tax reform, Trump, and bitcoin

“Even that Tax Policy Center analysis that we were discussing, they assume that about 20% of the corporate tax is ultimately borne by workers” writes Graham Rapier for businessinsider.com. Also, about a third, we think, of the corporate tax cut benefit to after-tax corporate profits will actually go to foreigners.If you ask what happens in the first year from a corporate tax cut, none of it goes to workers. Source: businessinsider.com Share This:

Read More
Crypto News Platforms 

EU Bitcoin Clampdown…

“BRUSSELS (Reuters) – European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement” writes Min Read for reuters.com. The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. The increased public scrutiny is considered essential by the EU commission and also by rights groups, to prevent financial crimes and tax evasion. Source: reuters.com Share This:

Read More
Crypto News Stocks 

Bitcoin and cryptocurrencies are the new asset class to guard against

“One of the most amazing things about bitcoin is that it has survived all the shady dudes, big-name arrests and major price crashes” writes Cody Willard for marketwatch.com. That said, I admit I’m pretty amazed at the mania around bitcoin and cryptocurrencies.Riot Blockchain was a biotech penny stock with a tiny market cap that didn’t do much business.Just last year, the company was changing its name from “Venaxis” to “Bioptix.” Now apparently they are a blockchain company. The CEO of Riot Blockchain is the same guy who was the CEO…

Read More
Crypto News Stocks 

Weekend roundup: Bitcoin, bitcoin and more bitcoin | Extreme market calls | A happy inheritance dilemma

“Rather than speculating on bitcoin, it might be safer to invest in stocks of companies that benefit from cryptocurrency trading” writes Investing Columnist for marketwatch.com. Here are the risks and opportunities from this new ability to go long or short bitcoin.Despite recent declines, it’s been a good year for gold GC1, -0.01% which has risen 9% through Dec. 14.Analysts share their thoughts about how seven bitcoin rivals may perform in 2018. Source: marketwatch.com Share This:

Read More
Crypto News Platforms 

EU agrees clampdown on Bitcoin platforms to tackle money laundering

“BRUSSELS (Reuters) – European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement” writes Min Read for reuters.com. The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. The increased public scrutiny is considered essential by the EU commission and also by rights groups, to prevent financial crimes and tax evasion. Source: reuters.com Share This:

Read More
Crypto News 

Bitcoin ‘Keeping Me Awake at Night’: Bank of Canada Governor

“U.S. Federal Reserve Chair Janet Yellen may not think that cryptocurrencies play much of a role in the economy, but the head of the Bank of Canada said that the hype surrounding bitcoin keeps him awake at night” writes unknown author for cryptocoinsnews.com. Rather, he said, cryptocurrencies are structurally more akin to high-risk securities, although purchasing them resembles gambling more than investing. “So, what are cryptocurrencies, exactly?. For something to be considered a currency, it must act as a reliable store of value, and you should be able to spend…

Read More