FxWirePro: BTC/EUR downside capped by 23.6% fibo, good to buy on dips
Jun 07, 2017 08:43 am UTC| Digital Currency
BTC/EUR has recovered sharply after forming a minor bottom around 1940 and jumped till 2621 levels (CEXIO). Intraday weakness can be seen only below 2420 level. It is currently trading around 2539 at the time of...
US General Services Administration to work on blockchain pilot project
Jun 07, 2017 07:34 am UTC| Digital Currency
The United States General Services Administration is going to work on a federal blockchain pilot project this summer, Federal News Radio reported. The initiative is a part of GSAs ongoing Emerging Citizen Technology...
Tech titans and blockchain industry form new consortium focusing on digital ID
Jun 07, 2017 07:04 am UTC| Digital Currency
Tech giants and blockchain firms have joined a new consortium DIF, which is an open source decentralized identity ecosystem for people, organizations, and devices that enables a new class of apps and services. The...
Nevada blockchain tax bill gets Governor’s approval
Jun 07, 2017 06:33 am UTC| Digital Currency
Governor Brian Sandoval has signed the Nevada Senate Bill 398 into law, making Nevada the first state in the United States to ban blockchain taxes, CoinDesk reported. Filed by Senator Ben Kieckhefer in March this year,...
Blockchain Caucus co-chairs request tax guidance for virtual currencies from IRS
Jun 07, 2017 05:49 am UTC| Digital Currency
After the members of the US Congress sent a letter to the Internal Revenue Service (IRS) on the agencys ongoing tussle with digital currency exchange Coinbase, co-chairs of the Blockchain Caucus have also sent a letter to...
Data61 explores blockchain adoption across government and industry in Australia
Jun 07, 2017 05:33 am UTC| Digital Currency
Data61, a part of Australias innovation catalyst CSIRO, has released a comprehensive review on blockchain technology and its potential adoptions across government and industry in Australia. The review aims to deliver...
US House Financial Services Committee to hold hearing on virtual currencies
Jun 07, 2017 05:01 am UTC| Digital Currency
The United States House of Representatives Financial Services Committee is going to hold a hearing on virtual currencies on Thursday, 08 June 2017. The hearing, entitled Virtual Currency: Financial Innovation and...
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