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Bitcoin Millionaire Erik Finman Challenges Jamie Dimon to a Boxing Match

Interview This past June news.Bitcoin.com reported on the entrepreneur, Erik Finman, who became a bitcoin millionaire at 18 years old. However, Finman became well known before making his first million when he put $1000 into bitcoin in May of 2011 that later turned out to be a really good investment. Also read: Putin Orders the Issue of

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Cathie Wood Claims We Will See an Approved Bitcoin ETF Once Regulation Is in Place

Bringing Bitcoin to institutional investors has proven to be a challenge. More specifically, there are no official ETFs which gained regulatory approval so far. According to Cathie Wood, CEO of ARK Investment Management, that is only a temporary trend. However, she is confident we will see an approved Bitcoin fund before an ETF. That is a rather interesting statement, to say the very least. Everyo

Coinbase Users Can Now Use Bank Accounts to Instantly Purchase Cryptocurrency

Services San Francisco-based company Coinbase just announced they will allow customers to buy bitcoin, ethereum, and litecoin instantly with bank accounts. Each customer can buy up to $25,000 with this service. Previously, people could only conduct instant purchases with debit cards. This service requires users to provide their account numbers a

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PNC Bank may be the Next Bank to Prevent Customers From Buying Bitcoin

Banks all over the world have been opposing Bitcoin for several years now. Not only do they advise against buying cryptocurrency, but they take invasive measures as well. Several banks have closed customer accounts for their involvement in cryptocurrency. PNC Bank appears to be on this list as well as we speak. They are actively calling up customers to make them clarify Bitcoin purchases.It is evi

Paxful Takes Fintech into the Sharing Economy

This is the era of the sharing economy as proved by giants like Uber and Airbnb. Users expect convenience and speed while prefer dealing directly with other people rather than a corporation.Paxful, a bitcoin marketplace has recognised this trend and is growing rapidly. The volume on Paxful has quadrupled compared to the beginning of 2017 reaching over $40 million per month.“There is a big change

Car Sharing Firm Gets $10 Million, Adds Bitcoin Payments

Fintech The India-based, Y-Combinator-backed car sharing firm, Drivezy, just raised Rs 65 crore ($10 million). The company has used the funds partly to begin accepting bitcoin payments on their platform. In all, the company has raised a total of $16.5 million (Rs 107 crore) from a variety of different sources. An equity investment totaling&

England Can Now Use Left-Over Change to Automatically Buy Bitcoin

Services England’s new application Dust links user bank accounts to exchanges, using leftover pence and pounds. Once the requisite amount is triggered, automatically, bitcoin can be purchased as a form of unit-cost-averaging.Also read: The Satoshi Revolution Paging Satoshi NakamotoThe world’s oldest currency still in use since its organic in

Hong Kong Exchange Tidebit Seeks to Capitalize Upon Chinese Cryptocurrency Crackdown

Markets and Prices Hong Kong-based bitcoin exchange Tidebit is actively seeking to attract Chinese investors who have been forced from China’s markets after the central government’s recent cryptocurrency crackdown. For Tidebit, the crackdown comprises a once-in-a-lifetime opportunity to expand its operations by capitalizing upon the exodus of cap

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Chinese Meddling With Bitcoin Exchanges and ICOs Likely to Trigger “Cobra Effect”

The Chinese actions of banning ICOs and shutting down cryptocurrency exchanges may be with the intention of preventing ordinary Chinese citizens from incurring financial losses. They should, however, be wary of the Cobra Effect.The Cobra Effect?There is an interesting anecdote about the British rule of India. Worried about the large number of venomous cobras in the Indian city of Delhi, the Britis

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Hong Kong’s TideBit Fills Void Left by Chinese Crackdown

After last month’s regulatory measures against the crypto space, trading is rapidly drying up in China. Once the largest market for digital currency trading, the policing of the industry is forcing activity elsewhere. With mainland exchanges shutting down, one company, TideBit, is particularly enjoying the migration. They report an influx of new registrations from China-proper.Set up two years a

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