Bitcoin in the Headlines: VAT Galore
Bitcoin in the Headlines is a weekly analysis of bitcoin media coverage and its impact. Mainstream outlets from across the world reported the sentencing of rogue Drug Enforcement Agent Carl Mark Force to 78 months in prison this week, and in so doing brought bitcoin's association with illicit activity and the darknet back to the fore. More positive coverage came in the form of the European Court of Justice's bitcoin VAT exemption, with some outlets exploring its effect on the digital currency's rising price. Elsewhere, the creation of a discussion forum by a group of digital currency....
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Yesterday’s Twitter feud between business tycoon Elon Musk and the crypto community had far-reaching consequences that went beyond the constant verbal sparring on the popular social media site. For the crypto market, it was a disaster. Liquidation Galore In The Crypto Market According to data from ByBit, a total of $2.4 billion worth of longs […]
Bitcoin in the Headlines is a weekly look at global bitcoin news, analysing media coverage and its impact. Being a controversial technology, bitcoin has once again managed to captivate the media's attention over the last few days. Having seemingly recovered from the bad news fatigue that riddled the headlines last week, the mainstream media seems to have engaged in the bitcoin debate, trying to find ways to tie the technology to larger trends and events. On one side of the battle field, the media believes that the digital currency could potentially be adopted by countries wanting to....
Bitcoin in the Headlines is a weekly look at bitcoin news, analysing media and its impact. Bitcoin's Wild West days may be numbered, or so the headlines would have us believe. This week saw the release of the final version of the BitLicense, New York's long-awaited, and still heavily debated, state-specific regulation for bitcoin businesses. Unsurprisingly, the news was extensively covered in the media, and often heralded as a milestone in the evolution of the emerging technology. Many stories used legitimizing language and headlines that foreshadowed that bitcoin had taken yet another....
Bitcoin in the Headlines is a weekly look at global bitcoin news, analysing media coverage and its impact. This week, despite a relative shortage of bitcoin news, the digital currency has still captivated a considerable amount of attention from the mainstream media. It also seems that, perhaps fatigued with the recurring negativity around the subject, the media has engaged in deeper analysis. From examining the viability of the digital currency as a payment method to the usual price debate and mention of crime, this week's coverage has something for everyone. CoinDesk takes a look at the....