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Multinational Bank Sees Positive Future For BTC

The multinational investment bank and financial services company, Morgan Stanley has published their latest report which was released on 31st October. The report contains an overview of the evolution of Bitcoin and how its investment purpose has changed throughout the years but the report has a bullish sentiment to it in comparison the outlook for 2017. Also in the report is a few drawbacks of the crypto including a lack of regulations and energy. To start with, the banking giant has recently begun to offer trading derivatives that are tied to Bitcoin. The company started offering Bitcoin swap trading tied...

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Bitcoin (BTC) Seems Primed For A Christmas Surprise

Bitcoin (BTC) has practically done nothing for the past few weeks. Recently, Vinny Lingham, the founder of Civic made a $20,000 bet that the price of Bitcoin (TBC) would not rise above $28,000 before 2020. This is a really bold statement coming from a Bitcoin (BTC) maximalist. The number of people who are still optimistic regarding a long term rise in the value of BTC/USD still remains very high. However, the fact remains that after every market cycle, the rate of growth reduces. The price cannot climb as aggressively as it has in the past. However, to think that Bitcoin...

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You Can Now Tell The Time With Blockchain & Bitcoin

A luxury brand of watches in Switzerland has opened up its doors for pre-orders on its limited edition Big Bang watch to celebrate the tenth anniversary of Bitcoin. Hublot is headquartered in Nylon in Switzerland and they have recently announced a special watch in collaboration with OS Limited for Bitcoin’s anniversary. The new hand-assembled limited edition Big Bang model is now available for pre-order and in the spirit of the crypto space, the homepage even displays a project roadmap. This watch doesn’t come cheap though. If you have the money to afford it, this watch will set you back $25,000...

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New Report Shows An Increase In Active Bitcoin Addresses

A new report by the massive crypto exchange, Huobi shows EOS having a good week as well as a number of active Bitcoin addresses continuing to increase as well as the IOTA project having a decent volume of updates to their code on Github. In the report, called Huobi Blockchain Big Data, statistics were crowding every corner of the page on the 7th November that breaks down the activities of the last crypto weeks (October 24th - October 31st). The report looks to social media and market trends data, transaction fees, distribution of wealth on selected blockchain protocols, the movement...

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Bitcoin Tax Being Pushed In France

In France, regulators are looking over the taxes imposed on holders of Bitcoin and other digital currencies. The finance commission in the country supported plans yesterday which will see capital gains tax applied to cryptocurrencies brought in line with other capital gains tax. All the profits that are gained from owning digital currencies are currently taxed at a rate of around 36%. Another non-real estate assets are taxed at about 30%. However, this amendment is not yet legally binding, it’s simply being pushed through parliament in an attempt to become law. In order for this happen, it must be approved...

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