Todays News In Crypto Coins

December 18, 2017

US Prosecutors Rush to Sell Bitcoin Confiscated in Drug Bust

US prosecutors are rushing to auction $8.5 mln worth of Bitcoin, seized in a drug ring bust in Utah. After seizing Bitcoin from a criminal drug ring, attorneys in the state of Utah are in a rush to sell the valuable cryptocurrency, as reported by the Time Magazine. A year ago, 27-year-old Aaron Shamo was arrested in Cottonwood Heights, Utah on multiple drug dealing charges. According to Time Magazine, he was involved in the sale of opioid-containing pills on a dark web marketplace. The pills ..
December 18, 2017

Stablecoins to Rule Them All

Trading cryptocurrencies can be a wild ride, and it is definitely not for the faint-hearted. There is no regulation, no protection, and no safety net, but for many, this is the appeal. However, what if there was a coin that had the best of both worlds: some stability and regulation but all of the technical advantages of the blockchain network? The concept of a stablecoin is one that has real world value in either fiat or solid assets. The newest altcoin to the crypto scene to attempt this is Te..
December 18, 2017

England Not Taking Bitcoin Seriously

An English regulator believes investors will lose all their money in Bitcoin. As Bitcoin’s bull run begins to settle above the $16,000 mark, financial institutions and regulators are still skeptical of the meteoric rise in value. England’s Financial Conduct Authority (FCA) Head Andrew Bailey maintains that Bitcoin is a speculative bubble and new, green investors are going to lose the money they’ve invested in the cryptocurrency. As quoted by The Independent, Bailey hit out at the decentralize..
December 18, 2017

Bullish Moas – Bitcoin Destined For Another 500% Rise

Ronnie Moas says Bitcoin is destined for another 500% rise. Having successfully predicted recent Bitcoin highs, Standpoint Research Founder Ronnie Moas sees lofty highs for the preeminent cryptocurrency in the next year. In August, the billionaire former hedge fund manager tentatively forecasted Bitcoin’s rise to the $20,000 mark in three years, but his timelines were quite off the mark. Two months later, amid the start of Bitcoin’s outrageous bull run and talk of the launch of futures trading..
December 18, 2017

Bullish Momentum Could Push Ethereum Price to $750

Things are looking pretty good for all cryptocurrencies in general. Even though Bitcoin struggles to break the $20,000 resistance, all altcoins are slowly catching up again. In the case of the Ethereum price, we will most likely see a new all-time high in the next 24 hours. With the Ethereum price now holding its own above $735, surpassing the previous ATH of $744 shouldn’t be overly difficult. Ethereum Price Shows Bullish Flashes It is evident the cryptocurrency market is dictated and dominat..
December 18, 2017

‘Bitcoin Question’ Should Be At G20, Says France Finance Minister

France’s finance minister calls for Bitcoin regulation to be a topic of debate at next year’s G20 Summit. France’s finance minister has called for a public debate on Bitcoin at next year’s G20 Summit in Buenos Aires. Speaking on French news channel LCI and quoted by Reuters, Le Maire said that the Bitcoin “question” should form a topic for the international government forum, specifically with regard to regulation: “I am going to propose to the next G20 president, Argentina, that at the G20 su..
December 18, 2017

Kala token Now Available for Public Crowdsale – Limited Supply to Sell Quickly – Here’s Why…

Lehi, UT – Symatri, LLC, Announces the public crowdsale of the new Kala token. After the private presale sold out in just over four hours, the public now has a chance to purchase the Kala utility token for a low .02 per token. Group 1 of the token sale raised $7,500,000 in 4 hours. It is expected that Group to will sell out quickly as well. Group 2 is now officially launched at $.02 per token. There will be 1.5 billion available in this group. After group two sells out, the rate will go to $.0..
December 18, 2017

Dragon Inc is On Course to Complete World’s Largest ICO

Dragon Inc is extending the pre-ICO due to considerable strain on both the Bitcoin and Ethereum networks. Hong Kong, China – December 18, 2017 – Dragon Inc., a fintech company that underpins the casino gaming sector with blockchain technology, launched its Pre-ICO (Initial Coin Offering) on Friday, December 8th, 2017, a subscription round of funding that allows the public to buy the company’s cryptocurrency. The Pre-ICO was set to end on December 15, 2017. Due to the extreme congestion on both..
December 18, 2017

Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore

Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to Track and Tax Bitcoin Trading Bitcoin to Altcoin is Not a “Like Kind” Exchange Until today a crafty tax attorney or accountant could have tried claiming that trading bitco..
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