4 Minute Bitcoin Daily News

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Tone Vays Says Its Time to Pray Dec 13, 2019

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Tone Vays believes that Bitcoin is working on breaking its crucial support, saying that this is not good for the price would be an understatement, and proclaimed that it is time to pray.

Mark Cuban’s Bitcoin Comments Dec 12, 2019

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Billionaire investor and Dallas Mavericks owner Mark Cuban revealed that he thinks there is no possible scenario that Bitcoin becomes a reliable currency.

Kraken Finds A Way to Break Into A Popular Hardware Wallet Dec 10, 2019

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A security research team at Kraken which is a crypto exchange has found a way to gain access to seeds from the widely used KeepKey hardware wallet.

SEC Re-Opens Bitcoin Scammer Case Dec 09, 2019

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According to recent documents, the U.S. Securities and Exchange Commission believes that the case against the serial Ponzi scammer, Renwick Haddow, has yet to be properly solved and does not appear to be satisfied with the New York Southern District Court judge’s decision regarding the case.

The Bitcoin Halving, Explained Dec 09, 2019

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The Bitcoin halving is an event that halves the rate at which new Bitcoins are created and It occurs once every four years.

Bloomberg Analysts Expect Bitcoin Price to Rally Past $10,000 Dec 06, 2019

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Bloomberg’s Mike McGlone of the business media giant’s Intelligence unit believes that Bitcoin has a positive outlook heading into 2020 and the next decade due to a confluence of factors.

Mysterious Whale Moves 57,577 Bitcoin Dec 05, 2019

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A “whale” transaction was once again observed on the Bitcoin network, moving 57,577, Bitcoin, or about 414 million dollars worth of Bitcoin.

Bakkt Bitcoin Futures Hits New All Time High Dec 04, 2019

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The Twitter account Bakkt Volume Bot is dedicated to reporting Bakkt trading volumes, and it tweeted on December 3rd that Monday’s open interest on Bakkt Bitcoin futures reached a new all time high of 6.5 million dollars.

Trump Isn’t Sold on Bakkt CEO Kelly Loeffler Becoming US Senator Dec 02, 2019

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Georgia Governor Brian Kemp is expected to appoint Kelly Loeffler for a United States Senate seat next week. Loeffler is the CEO of the Bitcoin futures platform Bakkt.

3 Way Congress May Approach Bitcoin Taxation Dec 01, 2019

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With the IRS looking to enforce more stringent Bitcoin tax compliance, Congress should step in to clarify the way virtual currencies should be treated for tax purposes.
The following are 3 possible ways lawmakers could approach Bitcoin taxation.

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