Crypto World News

France slashes cryptocurrency taxes, CBOE’s bitcoin futures contracts just boomed, “I’d put new money into Bitcoin, not Bitcoin Cash”, says Tom Lee and more...

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France Slashes Cryptocurrency Taxes in Half

France is to tax gains from cryptocurrency sales as capital gains of “movable property.” The country has moved to reduce the rates from up to 45% to a flat 19%.

http://bitcoinist.com/france-slashes-cryptocurrency-taxes


Cambridge Analytica Tried to Launch a Cryptocoin

“Just because blockchain is a safe, secure, and transparent technology, does not mean anything immediately surrounding it can’t be manipulated.”

https://futurism.com/videos/cambridge-analytica-cryptocoin-blockchain


Chinese Police Confiscate 600 Bitcoin Mining Computers for Stealing Electricity

Chinese police have seized 600 bitcoin mining computers after noticing an abnormal power surge on the local electricity grid, as reported by China’s state-owned press agency. Local officials have labeled the theft as one of the biggest electricity loots in the country.

https://www.bitsonline.com/chinese-police-confiscated-600-bitcoin-mining-computers-stealing-electricity


17 Mln Of Total 21 Mln Bitcoins Now Mined In Milestone For Digital Scarcity

In a round million milestone, 17 mln bitcoins (BTC) have now been mined as of today, April 26, according to data from statoshi.info. Because of Bitcoin’s supply cap of 21 mln, this means that only 4 mln Bitcoin, or about 19 percent, remain to be mined.

https://cointelegraph.com/news/17-mln-of-total-21-mln-bitcoins-now-mined-in-milestone-for-digital-scarcity


“Transparent” Blockchain Is Pretty Darn Useful For Sharing Private Info

Two days ago, an open letter to China’s Peking University was anonymously uploaded to the Ethereum blockchain, effectively sharing it with anyone who trades or tracks the cryptocurrency.

https://futurism.com/transparent-blockchain-private-china


Crypto Market Hitting $40 Trln In 10 Years “Definitely Possible”, Says Pantera Capital CEO

Dan Morehead, CEO of Pantera Capital, a $1 bln cryptocurrency hedge fund, said that the crypto market could hit “$40 trln" within ten years, in an interview for Bloomberg Television April 26.

https://cointelegraph.com/news/crypto-market-hitting-40-trln-in-10-years-definitely-possible-says-pantera-capital-ceo


Reporting Record Volume, CBOE’s Bitcoin Futures Contracts Just Boomed

Late last year, the Chicago Board Options Exchange (CBOE) — one of the most popular derivatives exchanges in the world — launched bitcoin futures contracts. Now, the decision is looking even more like a no-brainer in retrospect, as CBOE’s reported this week that an all-time high of 19,000 bitcoin futures contracts were traded on Wednesday, April 25th.

https://www.bitsonline.com/cboe-bitcoin-futures


Consulting Firm Predicts Ethereum Could Reach $2,500 By The End Of 2018

Independent financial consulting company deVere Group, which provides investment and wealth management services, has predicted that the price of Ethereum (ETH) could hit $2,500 by the end of the year, MarketWatch reported April 27.

https://cointelegraph.com/news/consulting-firm-predicts-ethereum-could-reach-2500-by-the-end-of-2018


Crypto Market In Green Following Correction, Bitcoin Above $9,000, EOS Gains Significantly

Friday, April 27: after a mid-week correction that has seen Bitcoin go below $9,000, the crypto market is back on track with all top 10 cryptocurrencies listed on Coin360 in the green.

https://cointelegraph.com/news/crypto-market-in-green-following-correction-bitcoin-above-9000-eos-gains-significantly


Outraged Pro-BTC Community Alleges Bitcoin.com Is Misleading Buyers Into Buying BCH

A Bitcoin (BTC)-supporting community movement has evidently galvanized, alleging that Bitcoin.com is misleading buyers into purchasing Bitcoin Cash (BCH) instead of Bitcoin, with outraged users launching a website bitcoincomlawsuit.info to gather claimants and donations Friday, April 27.

https://cointelegraph.com/news/outraged-pro-btc-community-alleges-bitcoincom-is-misleading-buyers-into-buying-bch


“I’d Put New Money Into Bitcoin, Not Bitcoin Cash”, Says Tom Lee

Fundstrat Global Advisors co-founder Tom Lee told mainstream media he would favor buying Bitcoin (BTC) over Bitcoin Cash (BCH) April 24 as markets cement a second week of straight gains.

https://cointelegraph.com/news/id-put-new-money-into-bitcoin-not-bitcoin-cash-says-tom-lee