NEWS

Elon Musk Just Revealed the Surprising Amount of Bitcoin He Owns
"Entrepreneur and engineer Elon Musk — man whose name is synonymous with boundary-pushing companies like Tesla and SpaceX — just revealed how much Bitcoin he owns."

Bank of America is worried about the threat of cryptocurrency to its business
"Cryptocurrencies pose a competitive threat to Bank of America's business, the company said in a regulatory filing Thursday. "Clients may choose to conduct business with other market participants who engage in business or offer products in areas we deem speculative or risky, such as cryptocurrencies," the bank said. Such increased competition may "negatively affect our earnings" or affect "the willingness of our clients to do business with us.""

Five reasons 2018 could be the best year yet for cryptocurrencies
"In an earlier piece for CNBC, I explained why a potential cryptocurrency bubble could burst in 2018. Many people asked me afterward: If I'm so skeptical about the space, why am I invested in it?"

Why cryptocurrency could be your worst tax nightmare
"Investors peppered wealth managers with questions about bitcoin throughout 2017 and the cryptocurrency soared in value and mainstream awareness. While most professionals did not recommend buying the volatile asset, many clients took the plunge anyway and it could result in some tax headaches for advisers."

Turkish Lawmaker Proposes National Cryptocurrency
"Politicians in Turkey are reportedly looking to launch a national cryptocurrency. According to a report by Al-Monitor, Ahmet Kenan Tanrikulu, the deputy chair of Turkey's Nationalist Movement Party and the country's former Industry Minister, has drafted a report to propose a state-backed cryptocurrency dubbed "Turkcoin.""

Ethereum Governance 'Not That Bad' Says Buterin Amid Fund Debate
"Ethereum's governance model isn't flawed, it's just badly communicated, the cryptocurrency's creator Vitalik Buterin said in a developer meeting Friday."