Tag: Bitocin

Arizona Bitcoin Trader Awaits Sentencing for Money Laundering

Trading Bitcoin tends to attract a lot of attention from the authorities these days. This is especially true when trading it in a peer-to-peer fashion. One man’s Bitcoin trading activity will land him in jail due to five money laundering charges. A Major Blow for P2P Bitcoin Trading Arizona-based Thomas Costanzo was found guilty of five counts of money laundering in Phoenix last week. It is a very troublesome development, as this individual …
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Citibank India Is Preventing Customers From Buying Crypto

It seems the cryptocurrency situation in India is not evolving in a favorable direction. The country’s government has made it clear it plans to regulate cryptocurrencies and digital assets. For now, it remains unclear what that will entail exactly, although it probably won’t be positive. Indian banks, on the other hand, are continuing to squeeze cryptocurrency users. Citibank India is the latest company to do so, which is pretty worrisome for anyone in the country …
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Bitcoin vs Gold – Pros and Cons

Diversifying one’s investment portfolio remains a top priority, even in the year 2017. All markets are subject to volatility, which always creates a growing demand for store-of-value options. Both Bitcoin and gold are quite attractive in this regard, as they both have their advantages and drawbacks. However, both assets should be part of any serious trader’s portfolio and this article will explain why. Bitcoin and Gold Are a Safe Store …
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Ethereum Makes Significant Gains In EUR and GBP Markets

Now that the Brexit has passed in a favorable fashion for those who wanted to leave the EU, there is a lot of focus on the EUR value. In the world of cryptocurrency, the EUR markets are rather small compared to the rest of the world. But surprisingly enough, there is no sign of weakness to be found. In fact, it appears as if Europeans are warming up to Ethereum …
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