Tag: Paying

Money Managers are Paying Big Bucks to Interpret Your Bitcoin Tweets

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Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims.  An Arms Race for Algorithms With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, hedge funds and asset managers are increasingly turning to software developers to help them interpret and harness sentiment signals to their advantage. Bin Ren — CEO of Alan Howard-owned Elwood Asset Management — told Reuters that the soaring interest in developing algorithms capable of identifying price clues from the tumultuous social…

BrewDog Now Lets You Buy Company Shares Paying With 10 Cryptocurrencies

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Scottish craft beer brewery BrewDog has extended its latest crowdfunding to allow investors to buy shares in the form of cryptocurrency, the company tweeted on July 4.  BrewDog’s crowdfunding project, so-called “Equity for Punks” now accepts ten cryptocurrencies to become a shareholder. The supported cryptos include bitcoin (BTC), bitcoin cash (BCH), bitcoin SV (BSV), ether (ETH), litecoin (LTC), ripple (XRP), OmiseGO (OMG), Qtum (QTUM), Augur (REP), and 0x (ZRX), as BrewDog stated in a recent blog post. Launched back in 2010, Equity for Punks program allows investors to buy a…

Why Crypto Investors Are Paying Insane 2,000% Premiums on Ethereum

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According to Charlie Bilello, an investor and a finance researcher, Ethereum is being traded with substantial premiums above spot value through Grayscale’s Ethereum Investment Trust (ETHE). Grayscale’s Ethereum Trust started trading last week. These are the premiums investors have paid above the net asset value of the Ethereum holdings…June 20: 1,059%June 21: 2,022%June 24: 347%June 25: 643%June 26: 408%Today: 312%Efficient Market Hypothesis be damned. pic.twitter.com/KMaJKB8ni6 — Charlie Bilello (@charliebilello) June 27, 2019 On June 24, Ethereum traded with a 2,022 percent premium at around $580 per share. Each share of…

Bitcoin Prices Could Make Paying Taxes in Bitcoin Even More Attractive

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This discussion should not be regarded as legal advice. Bitcoin and other crypto prices have recently been highly volatile. If you are holding bitcoin or other crypto, you may well not want to sell until the market recovers, when it is down. But if you owe taxes and the crypto market is up, how about paying them in bitcoin (or selling bitcoin to pay your tax in dollars)? Selling…

Tyler Winklevoss Pitches Paying Elon Musk in BTC to See Your Email

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By CCN: Have you ever wanted to send Elon Musk an email, only to abandon the idea because he would probably never see it? Tyler Winklevoss has an idea that could increase the chances not only that the email will arrive in the Tesla CEO’s inbox but also that he’ll read it. Winklevoss envisions a crypto-fueled market-based email system, one that charges a “digital postal fee” to keep moonshot ideas in and spam out. He tweeted: “Sending an email to Elon Musk and effectively renting his time to read it would…

Institutions are Paying Attention to Bitcoin, Sentiment is Changing

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Anthony “Pomp” Pompliano is back at it again with his relentless attempts to convince institutions, high net-worth individuals, and the public at large to delve into cryptocurrencies, especially Bitcoin (BTC). As many on Crypto Twitter would say, Pomp it! Wealthy Families Listen In On Bitcoin Presentation  Thursday did see the cryptocurrency market hit by news that a “black swan” event is on the horizon, which some fear could crash BTC by thousands of dollars, but push to financialize this sector hasn’t slowed. Related Reading: Bitcoin (BTC) May Have Bottomed, But…

Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin

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The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27. Per the CBC, Innisfil, in partnership with cryptocurrency payment processing project Coinberry Pay, will allow its residents to pay property taxes in Bitcoin (BTC), wherein the latter will convert cryptocurrency to Canadian dollars and transfer payments to the town. The initiative may reportedly extend support to other cryptocurrencies including Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and…

Mt. Gox Is Taking a Step Towards Paying Out Creditors

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The long-defunct bitcoin exchange Mt. Gox is finally moving toward settling creditors’ accounts in cryptocurrency or cash. The exchange’s rehabilitation trustee, Nobuaki Kobayashi, announced Tuesday that he had either approved or disapproved creditors’ claims and had also notified the Tokyo District Court about the step taken. In the next few days, the trustee said he will declare the results of his decisions on the claims and creditors will be notified by various means. For instance, those who filed claims through the Mt. Gox online filing system will be able to check…

Proposed Bill Requires Identification of Buyers Paying in Digital Currencies

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A bill requiring users to identify themselves while using digital currencies has been filed on March 8, according to the official Texas legislature portal. The bill’s text contains the definitions of digital currencies, digital wallets, distributed ledgers and verified identity digital currencies (VIDC). The latter is defined as “a digital currency that allows the true identities of the sender and the receiver to be known before a person has access to another person’s digital wallet.” Per the proposed bill, before accepting a payment in digital currency, a person must verify…

Tron’s Adoption Drive Not Paying Dividends? TRX Meltdown

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Tron prices bearish, on a downtrend, retesting main support BitTorrent partner with TronCard via Grid as they drive towards adoption Transaction volumes shrink 50 percent from averages of 16 million to 8 million It’s all about adoption, and as Tron Foundation strike partners, BitTorrent is partnering with TronCard. Users will carefully spend their TRX spurring demand especially if the application is seamless. It is the necessary building blocks needed for TRX to rally from 2.3 cents to 6 cents. Tron Price Analysis Fundamentals For cryptocurrencies and digital assets to make…