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Bitcoin's recent drop underlines a major fear: fraud in the cryptocurrency market Famed investor Warren Buffett has a saying about the aftermath of periods of unfettered market enthusiasm: "You never know who's swimming naked until the tide goes out." That idea appears to be particularly pertinent for bitcoin BTCUSD, -2.85% and the cryptocurrency market, which has recently seen ...
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Income Tax Department Cracks Down On Cryptocurrency Traders, Again From finance ministry to Reserve Bank of India (RBI) to income tax (I-T) authorities, almost every regulator of any significance is bent upon tightening the noose on cryptocurrency users (including bitcoins, ripple, ethereum and litecoin, among others) and traders. On Friday, the income tax department ...
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This Week In Credit Card News: Visa's Biometric Card; Capital One Blocks Cryptocurrency ... Capital One has blocked their cardholders from using their cards for cryptocurrency purchases. Capital One made the move due to "limited mainstream acceptance (of cryptocurrencies) and the elevated risks of fraud, loss, and volatility inherent in the cryptocurrency market." While most banks have held ...
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Should You Invest in Bitcoin (or Any Other Cryptocurrency)? In this video, Entrepreneur Network partner Phil Town breaks down one of the most fascinating and popular trends in the financial world right now: cryptocurrency. He starts by defining a cryptocurrency, which is "a digital, encrypted currency designed for the purchase of goods and services online," and ...
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US Treasury Warns Investors About Petro "Cryptocurrency" Venezuela's Petro cryptocurrency has made a lot of media headlines over the past few weeks. For now, it still remains unclear how well this project will fare, especially because the country's Senate has no plans to approve it. It seems the US Treasury Department is warning investors regarding the new ...
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This Week in Cryptocurrency – January 19th, 2018 What a Dip: There's nothing like a tumultuous dip to keep the majority of cryptocurrency investors on their toes. Although the markets started to pick back up on Wednesday, there was a period where the vast majority of cryptocurrencies were down between 25% to 45%. Yikes! Well, fear not CoinCentral ...
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