Bitcoin investors BANNED from using their mega-profits to buy houses amid money-laundering fears

Broker Mark Stallard said one investor had a £40,000 deposit pot after investing in bitcoin but even he was denied a loan. Mr Stallard, from House and Holiday Home Mortgages: said: "The first mortgage lender I rang asked me what a cryptocurrency was. "I rang two other lenders and they said they …
Google Alert – bitcoin

Bitcoin Rips Past $13000 Amid Interest From Institutional Investors

The promise of institutional funds flowing into Bitcoin have sent the price of the cryptocurrency soaring above $ 13,200 after only just surpassing $ 10,000 a week earlier. As of Wednesday, Bitcoin's price has risen over 1,600% in the last year, buoyed by hope that institutional investors may step into the …
Google Alert – bitcoin

Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown (

An increasing number of Chinese miners are reportedly exploring other jurisdictions in which to operate amid growing uncertainty regarding the future of China’s mining industry. Although the Chinese government has not indicated that it will extend its cryptocurrency crackdown to target miners, many are making plans to base their operations elsewhere.
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