China's Biggest Newspaper Calls Bitcoin a Bubble

The big Chinese newspaper says that bitcoin is a bubble. The official newspaper of the Communist Party of China compared bitcoin with tulips in the 17th century.

Ripple co-founder is now richer than the Google founders on paper after cryptocurrency's surge

The founder of XRP became richer than the founders of Google.

China Prepares for Limit Bitcoin Miners' Power Usage: Report

China is preparing to limit Bitcoin-Miner's Power Consumption: it is reported that the People's Bank of China (PBOC) has said it can put pressure on local governments in the country to regulate the use of bit-mininer energy.

Egypt's Religious Leader Forbidden Bitcoin Trading Under Islamic Law

Trading bitcoin is prohibited by Islamic law: the religious leader of Egypt. Crypto-currencies should not be used in transactions, he reasoned, because it does not apply or is not supported as a financial instrument by the Central Bank of Egypt (CBE).

Bitcoin is Not Legal Tender, Clarifies the Indian Finance Minister

The Indian government intends to prohibit bitcoin. The Indian Minister of Finance spoke out against bitcoin.

Venezuela oil-backed cryptocurrency to launch in days, the government says

The Venezuelan crypto currency, backed by oil, will be launched within a few days, the government says. The Venezuelan currency will be launched within a few days and 5.3 billion barrels of oil will be supported for $ 267 billion.

Bitcoin, Cryptocurrencies are Like Ponzi Schemes: India's Government

Cryptocurrency is similar to the Ponzi scheme (Ponzi is an investment scheme that provides revenue to existing project partners through investment from new investors.), Says the Indian government.

South Korean Regulators Conduct Onsite Inspections of Bitcoin Exchanges Following Youbit Hack

South Korean authorities began to conduct checks on the site of domestic bitcoin exchanges after the hacking of the Korean exchange Youbit earlier this month.

BitPay Will Not Process Bitcoin Payments Below $ 100 Due to High Fees

BitPay will not process Bitcoin payments below $ 100 because of the high commission. Specialists bitpay, one of the largest bitcoin-payment processing platform for online stores, will no longer process payments below $ 100 due to the rapid growth of the bitcoin commission.

Winklevoss Twins Will Not Sell Bitcoin, even if the price is $ 380,000.

Winklevoss Twins began to buy Bitcoin, when it cost only $ 10, as a result, within a few months they bought 120,000 Bitcoin.

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