Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in WeeksThe top U.S. banking regulator has confirmed that positive cryptocurrency reg Bitcoin / Cryptocurrency / Pavel Durov / Technology / Ukraine / Ukrainian Cyber Security Is it worth it to invest in cryptocurrencies? Ah right, this complex area which becomes even more so when it is linked to blockchain and cryptocurrencies. How do I get into good standing as a token issuer, PSAN or entrepreneur? What is the applicable regime for mining or staking? How can I calmly sell cryptos? Am I taxable, when and how? These questions, … Raoul Pal Sees Cryptocurrencies Gathering “Trillions Of Value” Raoul Pal Sees Cryptocurrencies Gathering “Trillions Of Value” Tyler Durden Sat, 12/12/2020 – 10

Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks

Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies

Three Years In: A Bitcoin Cash Update From One of Its Founders

'Gold Is Rare but Not Too Rare' - Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes

‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes

Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush

Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush

Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders

Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders

Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar

Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar

Hackers Demand Over 1,800 BTC From Electronics Giant Foxconn After Ransomware Attack

Hackers Demand Over 1,800 BTC From Electronics Giant Foxconn After Ransomware Attack

Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand

Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand

Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions

Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions

Citigroup Downgrades Microstrategy to 'Sell' Rating Over 'Aggressive' Bitcoin Purchases

Citigroup Downgrades Microstrategy to ‘Sell’ Rating Over ‘Aggressive’ Bitcoin Purchases

'Absolutely Inevitable': Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption

‘Absolutely Inevitable’: Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption

Marathon Purchases 10,000 Bitcoin Miners, Machines Will Max Out 100 Megawatt Montana Facility

Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans

Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans

Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What's Driving Massive Growth

Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What’s Driving Massive Growth

Spain's Second Largest Bank BBVA Launches Bitcoin Trading and Custody in Switzerland

Spain’s Second Largest Bank BBVA Launches Bitcoin Trading and Custody in Switzerland

Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange

Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange

Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020

Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020

Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes

Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes

Crypto Billionaires: Ripple’s Jed McCaleb Now World’s 40th Richest Person, Cofounder Sells 29 Million XRP Last Week

Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to 'Front Run Wave of Institutional Capital'

Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to ‘Front Run Wave of Institutional Capital’

Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan

Source: bitcoinslate.com

Author: admin


Pavel Durov’s team advised the Ministry of Finance of Ukraine on cryptocurrencies. – E Hacking News

Pavel Durov’s team advised the Ministry of Finance of Ukraine on cryptocurrencies. – E Hacking News

 The Minister of Digital Transformation Mikhail Fedorov said that his department is in contact with the team of the developer of the Telegram messenger Pavel Durov.

According to Fedorov, he is familiar with Durov’s team. Employees of the Ministry of Digital Transformation received advice on bills related to virtual assets and cryptocurrency

“I know Durov’s team. I know all its management, we communicate, consult even on bills related to cryptocurrency, virtual assets, and so on.”

The Minister said that he actively uses the Telegram messenger for fast communications. However, the information exchanged by officials is protected as much as possible, and all documents pass through electronic document management.

“Of course, questions of national importance do not need to be sent in messengers, this is understandable,” added Mikhail Fedorov.

Answering the question about which of the messengers is the safest for him, the head of the Ministry of Digital Transformation noted that he most often uses Telegram and WhatsApp.

Recall that on December 2, the Verkhovna Rada of Ukraine in the first reading adopted as a basis the draft law “On virtual assets” regulating operations with cryptocurrencies in the country. The bill classifies virtual assets (VA) as an intangible good.

The function of the market regulator is assigned to the Ministry of Digital Transformation, and in some cases to the National Bank and the National Commission on Securities and Stock Market.

According to experts, the daily volume of cryptocurrency transactions in Ukraine is about $150-200 million. One of the authors of the document, Deputy Oleksiy Zhmerenetsky, noted that the bill will allow cryptocurrency companies to pay taxes and allow specialized foreign firms to cooperate with Ukrainian banks and invest in the industry.

Ukraine did not follow the Russian path of banning virtual assets, because this market is a growth point for Ukraine’s GDP and an opportunity to become one of the world’s technology leaders. In addition, it makes no sense to prohibit something that is technically impossible to control, as we have already seen in the case of blocking Telegram in Russia.

Recall that Roskomnadzor has added the site of the Binance crypto exchange to the list of banned sites in Russia.

Source: rootdaemon.com

Author: by rootdaemon December 12, 2020


Is it worth it to invest in cryptocurrencies?

Is it worth it to invest in cryptocurrencies?

It depends on what your plans are and as well as your investment strategy. In general terms, I would say it’s not worth it, because cryptocurrencies are not truly a vehicle for investment as much as they’re a vehicle for speculation. Although different cryptocurrencies function different, almost all of them share the same problems that do not allow them to be used as mainstream and fully functional currencies. Because of how volatile they tend to be, and the fact that they’re not backed by or based on any tangible asset, there are no truly viable technical or fundamental considerations to go on when investing, and it ends up being a purely speculative exercise. It is possible, as many have done, to gain high returns from this speculation, but it is not a viable way to make consistent returns.

Here’s an interesting article that goes further into why this is the case financialnewsjournal(dit)com/the-resurgence-of-bitcoin-prices-the-sign-of-a-wider-acceptance-or-another-momentary-result-of-speculation/ 

Source: answers.yahoo.com


The blockchain book you've been waiting for is finally here! - Cryptocurrencies

The blockchain book you’ve been waiting for is finally here! – Cryptocurrencies

Ah right, this complex area which becomes even more so when it is linked to blockchain and cryptocurrencies. How do I get into good standing as a token issuer, PSAN or entrepreneur? What is the applicable regime for mining or staking? How can I calmly sell cryptos? Am I taxable, when and how? These questions, we have all asked ourselves. Unfortunately, how do you end up drowning in a flood of information? Fortunately for us, on October 29, 2020, a book soberly titled “Crypto-asset and blockchain law” was published. Its mission: to enlighten everyone. And you know what ? This book is not written by one but by five heroes .. er authors! When I told you that the law was complicated!

Once the precious sesame is in hand, if you are from the publishing world, you might not have missed it that it was edited by LexisNexis. For those who don’t know, this is one of the most prestigious French houses for law books. As the subjects are always analyzed in depth, a publication by them is in itself a guarantee of quality. “Okay, the publisher is prestigious, but are the authors up to the task?” Dear readers, do not be impatient, I am coming to this.

Written not by one but five authors, in the persons of Alice Barbet-Massin, Faustine Fleuret, Alexandre Lourimi, William O’Rorke and Claire Pion, we objectively have something for everyone.

With a doctor of law, an alumnus ofAMF and ConsenSys now permanentAdan, a tax lawyer, a digital lawyer and a financial law lawyer; you don’t have to worry about that.

Here I allow myself a little warning, this book, as you can imagine, is not for everyone. If you are looking for a simple introduction to some legal aspects of the crypto world, go your way. Fortunately, I have a hunch that such a subject should soon surface in the media you are reading now …

We are here on a book for entrepreneurs already established in the blockchain or wishing to join it and wanting to be in full compliance with the law. As well, jurists, lawyers and accountants will be able to read practical answers to particularly difficult legal issues encountered in the crypto-assets and blockchain sector. Students, for whom no course to date teaches crypto-asset and blockchain “law”, will finally find what they are looking for in this book. No more futile research and wasted time debating the interpretation of a particular article. Here we are indeed on a global view of the regulation of crypto and blockchain related activities and with specific examples please!

What is striking when you consult the impressive summary of this work of nearly 410 pages, it is the diversity of the topics covered.

Pub

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

The book is in fact divided into 4 main parts what are :

  • Players ;
  • Uses ;
  • Conformity ;
  • Taxation.
  • The part on players will allow everyone to be in good standing when issuing their token by obtaining the appropriate Visa. This part also discusses the diet Digital Asset Service Providers (PSAN), which we no longer present.

    Uses, focuses on the application of blockchain at the legal level, whether in civil or financial law. As we know, all data stored on the blockchain then becomes immutable. This immutability is a force that brings public and private blockchain together. If I store a fingerprint of a document on it and want to use it as evidence in a dispute, is this admissible? This is precisely the stake of this part. The financial sector is not left out of questioning either. Being one, if not THE most regulated sector in the world, the use of blockchain in this one poses new questions, to which our authors answer.

    Conformity, echoes here the rights of personal data and that of the fight against money laundering. We’ve all heard of the GDPR (General Data Protection Regulation), but the blockchain because of its immutability and its applications raises new questions. Can I exercise my right to be forgotten? How can those responsible be identified? What will their obligations and relevant compliance programs be? All these questions will be answered in the first chapter.

    The second chapter meanwhile, it focuses on a subject that is unfortunately still relevant today: the obligations to combat money laundering and the financing of terrorism.

    Finally, the last part is what many of you are waiting for: Taxation. Here our tax lawyer, founder of the firm ORWL explains in detail the taxation on capital gains for individuals and on crypto-related activities. Do you want to know if you are taxable on the creation or the transfer of token? You will find out! Are you mining cryptos and can’t figure out your status? These troubles will finally be far behind you.

    Pub

    Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

    A complete, 410-page book published by a prestigious publishing house doing a complete tour of blockchain law for just € 49, wouldn’t it be Christmas before its time? The real strength of “Cryptoassets and Blockchain Law” lies in its co-writing by five authors. From the richness of the various backgrounds of each of them, results a specialization on the parts of the work. The reader thus evolves according to specific situations and examples from individual experiences. In a single book, you finally have all the keys to navigate serenely on the turbulent oceans of the blockchain. So, don’t hesitate and let yourself be tempted by this book!

    Engineering student in IOT, Translator, Community and Bounty Manager, I have been sailing the turbulent oceans of Blockchain since 2017.
    Aware that the Blockchain will change our future, I too am participating in the revolution. Find me on Bitcointalk, LinkedIn and Twitter to discuss or suggest articles.

    Source: personal-financial.com


    Raoul Pal Sees Cryptocurrencies Gathering

    Raoul Pal Sees Cryptocurrencies Gathering “Trillions Of Value”

    Authored by Liam Frost via Decrypt.co,

    Global Macro Investor CEO Raoul Pal suggested that cryptocurrencies could accrue trillions of dollars from traditional markets.

    Among digital assets, Bitcoin is “the digital pristine collateral,” he noted.

    Recently, Pal invested 75% of his assets into Bitcoin.

    Raoul Pal, CEO of macro research and advisory service Global Macro Investor, posted a series of tweets today, in which he suggested that Bitcoin, Ethereum, and other cryptocurrencies have the potential to absorb “trillions and trillions of value” from traditional markets.

    Almost no one in crypto understands the size of financial markets.

    It is never ever going to be winner takes all. It is near impossible as each blockchain has its limitations and trade offs and that suits the complexity of the financial world.

    — Raoul Pal (@RaoulGMI) December 11, 2020

    “If bitcoin is the digital pristine collateral, the size of [the] global [government] bond market is $123 [trillion]. Pretty amazing opportunity for bitcoin,” Pal tweeted.

    “The size of the global custody system is $23 trn. That will accrue to bitcoin and more likely maybe ETH.”

    He continued to say that the settlements and derivatives layers in the financial markets amount to $4 quadrillion and $1.2 quadrillion per annum respectively. Likewise, there are also hundreds of trillions of dollars in equities, global debt markets, and other spheres—all of which cryptocurrencies can tap into.

    Total size of FX market transactions per annum is $1.7 QUADRILLION.

    BTC, ETH, XRP, etc

    — Raoul Pal (@RaoulGMI) December 11, 2020

    “This is why I care about the entire [digital assets] space. There will be many enormous winners, many failures, many scams, many false dawns but in the end, trillions and trillions of value will accrue across digital assets, tokens, protocols and crypto that tie all of this together,” wrote Pal.

    The future is a super network of blockchains with the most pristine being bitcoin and the risk curve moves out from there.

    Any other outcome accruing to one winner is nothing but false hopes and dreams.

    — Raoul Pal (@RaoulGMI) December 11, 2020

    Pal argues that the majority of the focus is on Bitcoin but that the industry should not be restricted to it.

    “The future is a super network of blockchains with the most pristine being bitcoin and the risk curve moves out from there,” Pal summarized.

    “Any other outcome accruing to one winner is nothing but false hopes and dreams.”

    The investor, who initially retired at 36, recently backed up his words with actions. In November, Pal announced that he invested 75% of his liquid assets into Bitcoin.

    “It’s a once in a lifetime opportunity we’re being given—we get to front-run a wall of money. This is the biggest, best, single bet I’ve ever seen in my career of every asset I’ve ever looked at,” Pal stated during an interview published on November 27.

    Although after he invested heavily in Bitcoin, its price has since dropped 8%. So there will certainly be hurdles along the way.

    Raoul Pal Sees Cryptocurrencies Gathering “Trillions Of Value”

    Source: dawsoncountyjournal.com

    Author: admin


    Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

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