Tag Archives: warns

Bitcoin price LIVE: ‘Dudes pay your taxes’ fund manager warns of BTC tax crackdown in US | City & Business | Finance

7.30am MORNING HEADLINES Updates below throughout the day…. It’s good news for wallet holders after Pantera Capital founder and Chief Executive Officer Dan Morehead made a bullish call on bitcoin and the cryptocurrency market over the coming month. Speaking to CNBC Mr Morehead said: “We’re certainly aware that it’s a very speculative market. “Its volatile […]

Vermont Lawyer Warns of Legal Complications Ahead for Cryptocurrency Miners

Are miners — the nodes on a blockchain that process transactions — partners in a company? And, if they are deemed partners, and a cryptocurrency project collapses leaving coin holders holding the bag, what legal construct is in place to protect miners from lawsuits? One Vermont lawyer sees a “nightmare” unfolding. Stepping back a few […]

Bitcoin: JPMorgan warns there’s a fairly high risk sell-off isn’t over

A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture, December 26, 2017. Reuters/Dado Ruvic Bitcoin is trading down more than 35% since the beginning of 2018.  Technical analysts at JPMorgan see a “fairly high risk” of bitcoin dropping to $4,605 a coin.   Bitcoin has had a […]

Hong Kong Financial Regulator Warns Cryptocurrency Exchanges and ICOs

The Securities and Futures Commission (SFC) in Hong Kong issued a press release earlier this week that clarifies once again that exchanges are not allowed to trade any cryptocurrencies that are deemed “securities” without first obtaining a license. In the statement, it also notified investors that it sent warnings to a number of Hong Kong […]

Bitcoin price: Expert warns cryptocurrency value has ‘further to fall’ before stabilising | City & Business | Finance

Bitcoin fell to one of its lowest points in two months on February 5, trading at $5,947. Risks in the marketplace were high in early 2018 which lead to more interest from investors who saw a potential for big gains in cryptocurrencies.  But Mr Wong warned bitcoin could still be on track for further falls […]

Bitcoin news: CEO warns bitcoin has ‘nothing to do with real economy’ | City & Business | Finance

Bitcoin price suffered a massive plunge as the cryptocurrency reached the value of $9,114.56, according to Coindesk at 10:37 pm on February 1. As the crypto-craze started to die down, Euronext CEO Stéphane Boujnah claims bitcoin cannot even be classified as a cryptocurrency. Speaking on Bloomberg, Mr Boujnah said Euronext will never open a bitcoin market. […]

Bitcoin in India: End for cryptocurrency as finance minister warns he will BAN Bitcoin use | City & Business | Finance

Mr Jaitley has renewed India’s commitment to ending the use of digital currencies in its continuing fight against money laundering and the funding of terrorism. He said: “The government does not recognise cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto assets in financing illegitimate activities […]

BITCOIN NEWS: Deutsche Bank warns bitcoin holds real risk of TOTAL LOSS | World | News

Markus Mueller, global head of investments at Deutsche Bank, said his company could not recommend investing in bitcoin and cryptocurrencies, as it was likely to result in significant losses. He told Bloomberg Markets: “We do not recommend it. It’s only for investors who invest speculatively. There is a realistic risk of total loss.” Mr Mueller […]

Bitcoin price: Fraudsters using surge in cryptocurrency to trick people into scams, financial regulator warns

Bitcoin and other investments are being used to lure people into scams, the UK’s financial watchdog has warned. Fraudsters are contacting people online and through social media to offer them the chance to invest in cryptocurrencies and financial instruments. The solicitations often promise high returns and come alongside pictures of expensive watches and cars in […]

Bitcoin: FBI warns of terrifying internet scam to blackmail investors of cryptocurrencies | City & Business | Finance

GETTY The email demanded $2,800 (£1,975) in bitcoin Christine, who does not want to reveal her last name, said she knew the email was a hoax but still found it deeply disturbing. The email demanded $2,800 (£1,975) in bitcoin and threatened, “I will be short. I’ve got an order to kill you”. Christine, who chose […]

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