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- Bitcoin News Ethereum Forecast To Surpass Bitcoin By 2018 | Zero Hedge All of the World’s Money and Markets in One Visualization Swiss Municipality of Chiasso Accepts Bitcoin for Tax Payments Bitcoin is a digital currency, sometimes referred to as a cryptocurrency, best known as the world's first truly decentralized digital currency. Bitcoin is traded on a peer-to-peer basis with a distributed ledger called the Blockchain, and the Bitcoin exchange rate to the US Dollar and other major currencies is determined by supply and demand as with other global exchange rates. The traded value of Bitcoin has proven volatile through various booms and busts in demand. Ultimately, however, many see Bitcoin as a store of value against government-backed fiat currencies. A Swiss municipality is accepting tax payments in bitcoin from its citizens, according to a report by Swiss news outlet Neue Zuercher Zeitung (NZZ). The Municipality of Chiasso, located in the canton of Ticino in southern Switzerland, will accept payments of up to 250 Swiss Francs (CHF) in bitcoin beginning in January of 2018. The move is intended to attract cryptocurrency firms and help the municipality “position itself as a ‘Crypto
Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets. Yen rose nearly 1% to 139.93 against the dollar, its strongest level since
Ethereum’s price has surged after having been in the doldrums for weeks, helping boost its market share after it hit record lows. Ether (ETH) has surged almost 15% over the past 24 hours, topping $1,800 on April 23. It has outperformed Bitcoin, which notched a 6% gain, and the wider crypto...
According to CoinShares’ latest weekly report, crypto investment products registered slight net inflows last week, with a total of $6 million entering the market. The figures reflect ongoing uncertainty among investors, with notable variations in sentiment both across regions and among...
According to the latest reports from the Financial Times, Cantor Fitzgerald, a financial services company led by Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, is working with SoftBank, Tether, and Bitfinex to form a Bitcoin (BTC) investment vehicle with a scale of over $3...
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed by SoftBank, Tether, and Bitfinex, the Financial Times first reported.The special purpose acquisition company (SPAC), dubbed Cantor Equity...