Crypto News 

Using Bitcoin to buy a sandwich could trigger a tax bill

“The total market value of the crypto currency market rose to over $177 billion in the third quarter of 2017” writes unknown author for cnbc.com. What is less obvious is that anyone who uses bitcoin to pay for a good or service also can have taxable gain or loss.Crypto currencies may have been around for less than a decade, but they are proliferating so quickly that our established tax and regulatory systems can’t keep up.The IRS considers crypto currencies to be a form of property, which means that every crypto…

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Crypto News 

Faunus to Host First-Ever Crypto Affiliate Conference in Prague

“The landmark event will be a gathering of ad networks, forex brokers, gambling operators, ICO founders, exchanges, cryptocurrency developers, and affiliates, among others from across the crypto industry” reports financemagnates.com. The conference itself will start on October 31 – individuals or prospective attendees can access the following link for registration or event details. Source: financemagnates.com Share This:

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Crypto News Platforms 

Capital investment, computer games, healthcare, travelling. What will be showcased in the exhibition area of ICO event London?

“Another medical project presented in the exhibition area is Gero Health, a blockchain platform that searches for quality medical services” reports newsbtc.com. Exhibitors will include investment companies, medical services, brokerage service providers, representatives of the gaming industry, and various blockchain projects.On October 11, an exhibition of promising ICO projects and companies that represent the crypto industry will take place in London.The ICO campaign for this blockchain platform will be launched on October 15. Source: newsbtc.com Share This:

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Crypto News 

A crypto company took out an ad in the Wall Street Journal to poke fun at Jamie Dimon

“A cryptocurrency company took out a full-page ad in The Wall Street Journal on Tuesday to fire back at JPMorgan CEO Jamie Dimon, who in September called bitcoin “a fraud.”” reports businessinsider.com. The ad, taken out by Eidoo, a cryptocurrency wallet company, said “Maybe Jamie will fire you.While speaking at a Barclays financial conference, Dimon bashed bitcoin saying it is in a bubble “worse than tulips bulbs.”. They’ve become a darling of blockchain and cryptocurrency startups looking to raise cash without having to go through the traditional avenues of venture…

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Crypto News 

Welcome to Crypto Valley

“The hackers demanded users pay to get their data back with the digital currency bitcoin” writes Hugo Miller for bloomberg.com. The Swiss cryptocurrency industry will work with money only where there’s a clear record of who is moving traditional currency to cryptocurrency, he says.Switzerland’s more hands-off approach has helped Zug attract more than 20 bitcoin asset managers, brokers, and digital currency exchanges. Source: bloomberg.com Share This:

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Crypto News 

Autonio Crypto Trading Championship Gamifies AI Trading With NIO Giveaway

“An AI trading robot, built on machine learning algorithm, is devoid of human weaknesses, such as, impatience, fear, greed, and latency” reports newsbtc.com. An artificially intelligent Crypto Trading Robot developed by Autonio has garnered quite a fan following since it was first made available for backesting as a part of Autonio’s ongoing ICO campaign. Source: newsbtc.com Share This:

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Crypto Markets News 

Warnings grow louder as valuations soar

“On Friday, the regulator charged a businessman and two companies with defrauding investors in a pair of coin offerings” writes unknown author for theguardian.com. If that plan goes ahead, it will make Goldman the first Wall Street firm to deal directly in the crypto market.In recent months, warning voices have grown louder as the digital assets known as cryptocurrencies have attained record valuations.Celebrities have jumped into the game, with the boxer Floyd Mayweather, the socialite Paris Hilton and the actor Jamie Foxx promoting coin offerings on social media.According to Token…

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Crypto Markets News 

A former Goldman Sachs VP who founded a crypto hedge fund says betting on bitcoin is like betting on the internet in the 90s

“Just like bets during the early days of the internet were risky, so too are bets in the crypto market today” writes Finanzen Net Gmbh for businessinsider.com. “There is some chance that something an order of magnitude better than bitcoin, technologically, could come along.”. Just because the developers of Ethereum were the first to introduce this technology to the market doesn’t mean they will win-out in the long run, according to Goetz. Source: businessinsider.com Share This:

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Crypto Markets News Stocks 

Graphics Card Manufacturer Stocks Continue to Move with Crypto Market

“Do Graphics Card companies represent an investment with similar upside potential as cryptocurrencies, but with less downside?” reports newsbtc.com. However, just as the cryptocurrency prices started to recover in mid-September, so did the fortunes of the graphics card manufacturers.The stock of the graphics card companies has been growing steadily for the last eighteen months.We recently had a taste of this with stocks in graphics card companies falling and bouncing back in accordance with the crypto market in the wake of the fear and uncertainty caused by Chinese regulation. Source: newsbtc.com Share…

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Crypto News 

‘Crypto’ hedge funds are springing up in a crowded field

“But some of the biggest names in hedge funds remain unconvinced, from Ray Dalio, founder of the world’s biggest hedge fund Bridgewater, to legendary hedge fund manager Julian Robertson” writes Lindsay Fortado for cnbc.com. UK research outfit Autonomous NEXT has counted 68 crypto hedge funds.A few cryptocurrency funds have been backed by institutional investors, lending some credibility to the sector.Mr Hamilton opened a long-only hedge fund, General Crypto, to outside money in early 2017.Polychain Capital, which invests in cryptocurrencies and ICOs, has a $250m hedge fund, according to founder and…

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