Despite JP Morgan Crusade, Bitcoin Price Soars To New Record High

Just a month after JP Morgan Chase CEO Jamie Dimon slammed Bitcoin, the digital cryptocurrency hit a new record high.

Bitcoin Block chain

Just a month after JP Morgan Chase CEO Jamie Dimon slammed Bitcoin, calling the digital currency “a fraud,” the long-time cryptocurrency critic claims he won’t talk about it anymore, according to Bloomberg. “I wouldn’t put this high in the category of important things in the world, but I’m not going to talk about bitcoin anymore,” Dimon said

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IMF Head Foresees End Of Banking, Triumph Of Cryptocurrency

Bitcoin “”puts a question mark on the fractional banking model we know today.”

From left, Mexico's Central Bank Governor Agustin Carstens, Managing Director of the International Monetary Fund Christine Lagarde, and Special Envoy for the President of the World Bank Mahmoud Mohieldin pose for a group photo after a meeting of the Group of 20 finance ministers in Moscow, Russia, Saturday, July 20, 2013. The finance chiefs of the world's leading economies hope to force multinational companies to pay more taxes by closing loopholes that have allowed them to stash profits overseas. (AP/Alexander Zemlianichenko)

In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies. Christine Lagarde–a Paris native

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Bitcoin Now Accepted As Down Payment For Houses In The UK

The company offering the service is also exploring how to accept rent payments in Bitcoin, a popular cryptocurrency.

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A UK co-living company has announced that it will begin accepting down payments made in Bitcoin, according to CoinTelegraph, making it that much easier for traders hooked on effortless, outstanding returns to speculate in another bubble-prone market: UK housing. Co-living pioneer The Collective announced the decision on Tuesday, saying it’s the

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US Launches Quiet Crackdown On Cryptocurrencies

The new foreign sanctions bill contains a hidden mandate that foreign governments monitor cryptocurrency circulations as a measure to “combat terrorism.”

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While all eyes were distracted with the Trump-demeaning headlines of the foreign sanctions bill, few spotted the hidden mandate that foreign governments monitor cryptocurrency circulations as a measure to combat "illicit finance trends" in an effort to "combat terrorism."   As Coinivore reports, the bill requires the governments to

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Florida Judge: ‘Bitcoin Isn’t Money Because It Can’t be Hidden Under A Mattress’

A Judge found that cryptocurrency, which is based on verified encrypted transactions that are recorded on a public ledger, did not constitute “tangible wealth” and“cannot be hidden under a mattress like cash and gold bars.

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In a landmark decision, a Florida judge dismissed charges of money laundering against a Bitcoin seller on Monday following expert testimony showing state law did not apply to the cryptocurrency. Michell Espinoza was charged with three felony charges related to money laundering in 2014, but what appears to have helped to clear him of any and all

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Learning To Love The Blockchain: Key Technology Revolutionizes Internet Privacy

Bitcoin offered a revolutionary way to exchange money without government interference, but the blockchain technology behind the cryptocurrency is capable of doing much more, explains Jameson Lopp in this interview with Mnar A. Muhawesh on “Behind The Headline.”

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https://www.youtube.com/watch?v=g5PN2kntObc MINNEAPOLIS --- After sending shockwaves through the financial industry, now bitcoin is poised to revolutionize digital privacy as well. Whether it’s between everyday citizens, investors, or corporations, every financial transaction is recorded. The institutions that regulate currency have

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