Flash News From Crypto World

1- More Infrastructure Support Joins the Bitcoin Cash Ecosystem. 

This week the Bitcoin Cash network has gained more infrastructure and support from a variety of crypto-based businesses. Additionally, the digital asset has seen increased trade volume, and its price has been holding steady after the big dip that affected the entire cryptocurrency market ecosystem. Bitcoin Cash Markets Consolidate for the Next Move READ MORE CLICK HERE

2- BTC Buys And Sells Issue Resolved, Bitcoin Performance Still ‘Degraded’

 Digital currency exchange and wallet service Coinbase has resolved the issue of intermittent availability for BTC buys and sells, the platform reported today.

 Coinbase also suffered “a few outages and downgraded performance” in May, 2017, due to the “unprecedented traffic and trading volume”, according to the company’s statement. 

 Despite the fact the problem has been resolved, Coinbase has not tweeted an update on the fix or posted any official comments on the circumstances that resulted in the “intermittent outages of BTC buys and sells” yet. 

READ MORE CLICK HERE

3- Crypto ‘Bubble’ Burst Will Affect 1% Of Global GDP.

 The chief investment officer (CIO) of the Investment Strategy Group at Goldman Sachs, Sharmin Mossavar-Rahmani, said in an interview with Business Insider on Feb. 27 that cryptocurrenciesare in a bubble, which, when it bursts, will impact only 1 percent of global GDP. 

 “Cryptocurrencies are a much smaller part of the global economy, whether you compare it to US GDP or global GDP, it's less than 1% of global GDP,” Mossavar-Rahman stated. 

When considering the impact of a cryptocurrency “bubble burst”, Mossavar-Rahmani suggested  READ COMPLETE NEWS CLICKHERE

4- Germany Won't Tax You for Buying Coffee With Bitcoin:

 Germany won't tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said.  

Virtual currencies (cryptocurrencies, e.g., Bitcoin) become the equivalent to legal means of payment, insofar as these so-called virtual currencies of those involved in the transaction as an alternative contractual and immediate means of payment have been accepted." 

Instead, Germany will regard bitcoin as the equivalent to legal tender for tax purposes when used as a means of payment, according to a new document. READ FULL NEW CLICK HERE

 DISCLAIMERS:

THIS #ARTICLE IS NARRATED FROM DIFFERENT SOURCES. This #article should not be taken as, and is not intended to provide, #investment #advice. Please conduct your own thorough research before #investing in any #cryptocurrency.    

MY OTHERS POSTS YOU MIGHT BE INTERESTED: 

1. BTC/USD PRICE ANALYSIS
2. TOP 3 NEWS TODAY.
3. Bill Gates took aim at cryptocurrencies
4. BITCOIN PRICE UPDATE
5. Will you buy a car with BTC?
6. Bitcoin Price Technical Analysis
7. Uzbekistan has taken the road to bitcoin legalization
8. Explore the Beauty of Pakitsan | It's beautiful, it's Pakistan