Bitcoin Business

New Research Links Bitcoin Price Spikes to Media Hype

Chalkboard, price A new research paper aims to understand bitcoin’s price fluctuations and usage patterns through empirical analysis. Notably, the work finds a positive link between media attention and the value of the cryptocurrency.“The rise of bitcoin has generated interest from the media and scientific community. However our…
cinerama
November 19, 2014
Bitcoin Business

Internet Gambling Ban: Bitcoin Boom or Bane?

It would be difficult to find a nonpolitician to agree that the United States has anything close to a functional Congress. The conservative wave that seems to be sweeping the United States political world actually does little to defend an entity that does not contribute…
cinerama
November 19, 2014
Bitcoin Business

Finland Classifies Bitcoin as VAT-Exempt Financial Service

Finland flag shutterstock Finnish regulators have classified bitcoin as a financial service, thus granting it VAT-exempt status.The Finnish Central Board of Taxes (CBT) judged bitcoin to be a financial service in ruling 034/2014, which states that bitcoin purchases qualify as “banking services” under the EU Value Added…
cinerama
November 19, 2014

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