Tag Archives: bitcoin

Senate To Classify Bitcoin As Digital Commodity – Bitcoin Magazine

[ad_1] A new bill classifying bitcoin as a digital commodity could be introduced today. This move would empower the current watchdog of derivatives and future markets, the CFTC, to gain regulatory jurisdiction over bitcoin. The bill seeks to expand on previous definitions in the bitcoin ecosystem while also excluding securities from being digital commodities. Leaders […]

Swiss Exchange Relai To Release A Bitcoin Debit Card

[ad_1] Relai, a European bitcoin savings application, is planning to release a bitcoin debit card. The company started crowdfunding through Crowdcube and reached over $1.5 million within the first two hours. Currently Relai has raised over $2 million and still has 30 days left for the funding round and is offering investor incentives. Relai, a […]

Bitcoin Mining Faces Challenges: Is It Still Worthy?

[ad_1] Challenges across the Bitcoin mining industry are soaring. With network difficulty at an all-time high of 28.587 trillion and BTC’s price struggling near $42,000, miners are finding it difficult to maintain elevated profit levels. (Blockchain.com) Bitcoin has a total supply cap of 21 million. The circulating supply of the world’s largest crypto asset crossed […]