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Bitcoin Drops Below $11,000 as South Korea Government Plans to Tax Crypto Exchanges
Bitcoin and other digital currencies dropped in value during Monday trading in light of the news that the South Korean government is to collect corporate…
India’s Tax Department Sends Notices to Cryptocurrency Traders
India’s income tax department has issued tax notices to tens of thousands of cryptocurrency investors following a nationwide survey, it has been reported. According to…
Veteran Gold Analyst: Bitcoin is a ‘Speculative Investment’
A veteran gold analyst has spoken out and said that a lot of investors could see themselves getting burnt trading in bitcoin. Speaking yesterday, Michael Dudas,…
Israel’s Market Regulator Wants to Ban Companies Based on Bitcoin
Israel’s market regulator is seeking a ban on companies based on cryptocurrencies such as bitcoin from trading on the Tel Aviv Stock Exchange. Speaking at…
Cryptocurrency Entrepreneur: Bitcoin to Hit $60,000 in 2018, Sees Another Crash
A cryptocurrency entrepreneur has said that bitcoin will reach $60,000 in 2018, but believes that the currency will drop to $5,000 as well. Julian Hosp,…
Novogratz Shelves Hedge Fund Plans, Thinks Bitcoin Will Drop to $8,000
Bitcoin bull Mike Novogratz has shelved plans to launch a cryptocurrency fund, claiming that its price could drop as low as $8,000. In a report…
Fed Chair Yellen Says Bitcoin is ‘Highly Speculative’
Federal Reserve chair Janet Yellen has spoken out against bitcoin, arguing that it’s a ‘highly speculative asset’ that isn’t a stable source of value. Yellen…
Deutsche Bank: Japan Retail Investors Are Behind Bitcoin Surge
Bitcoin has been enjoying an incredible surge in value as demand for the currency increases. Yet, according to Deutsche Bank it is Mr Watanabe who…
Turkey’s Deputy PM Calls Bitcoin the ‘Biggest Bubble in Finance History’
Turkey’s deputy prime minister has said that speculation surrounding bitcoin has turned it into the ‘biggest bubble in finance history.’ Speaking Wednesday, Mehmet Simsek, the…
