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BTC$9700....
$9657 BTC
$9500 on BTC
BTC printed $9300.00...
Running hard again!
BTC on fire>$9100.00....
BTC printed $9k early this am.....been a fight but looks like it will be over that hurdle in am.......stay tuned
$8400.00 on bitcoin....
Huge btc volume this am almost. $7500.00
BTC $11,600
BTC $11,515.00
New BTC HOD $11;503.500
New BTC 7 day high $11,499.161
Business
Square, Inc. to possibly facilitate Bitcoin
Bloomberg•March 4, 2018
Square, Inc. to possibly facilitate Bitcoin
More
Square's Cash App might facilitate consumer-to-merchant Bitcoin payments. Jack Dorsey, Square and Twitter's CEO, thinks Bitcoin offers "an opportunity to get more people access to the financial system" #tictocnews
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Bitcoin ticker.co
Large BTC trade......
2018/03/03vol: 367.849Price: 11371.999
New High $11,500.00....
New 7 day high BTC $11,463.22.....
New HOD....
Lots of 100+ coin blocks this am......
Probably the etfs setting up their base position?
Someone just bought 108.35 btc @10,820.00......
Running hard!!!!!!!
Slow and steady climb.....
BTC broke $10,800.....
....we may also have some money rotating out of stocks with Walmart miss into a hedge....? BTC and GBTC...
My guess is $19.78 open.....
New HOD $11,500.00.........
New high $11,407.....
High: 11,104.105....
Btc surged to $10,984.....
15:30 is the time stamp, 0.037 @16085.00...look toward the middle to bottom, starting with 18.173 til 55.784 bitcoins at bottom......
https://news.bitcoin.com/several-states-spearhead-bitcoin-adoption-in-the-u-s/?utm_source=Bitcoin.com+Subscribers&utm_campaign=e176724ec0-Daily+Newsletter&utm_medium=email&utm_term=0_ea978414cb-e176724ec0-218213733&goal=0_ea978414cb-e176724ec0-218213733&mc_cid=e176724ec0&mc_eid=f1bf845efe
U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn’t necessarily think of states like Arizona, Tennessee, and Wyoming as the backbone of a great nation’s economy. How about… pioneers of its future development?
Also read: US Regulator Warns Against Pump-and-Dumps and Advises How to Buy Crypto
Bitcoin Doesn’t Stink – Arizona Will Take It
For some time now legislators in the Grand Canyon State have been thinking how to facilitate residents receiving incomes and profits in cryptocurrency. If bitcoin is good for ordinary citizens and businesses, it should be good enough for the state coffers, local lawmakers have decided. Last week Arizona got closer to accepting cryptos as legal tender for taxation purposes.
Several bills recognizing coins as currencies have been making their way in the State Legislature, as news.bitcoin.com reported. Two of them, SB1091 and SB1145, were aimed at regulating tax payments with digital currency. The SB1091 draft, sponsored by four Republican lawmakers, was endorsed by the Senate on February 8, with a 16 – 13 vote, after passing the Finance Committee in January. If the bill is adopted by the House, Arizona will become the first U.S. state to accept taxes in cryptocurrency in just a couple of years. The new law states:
A taxpayer may pay their income tax liability using a payment gateway, such as bitcoin, litecoin or any other recognized cryptocurrency, using electronic peer-to-peer systems.
It then clarifies that the Department of Revenue “shall convert cryptocurrency payments to United States Dollars at the prevailing rate after receipt and shall credit the taxpayer’s account with the converted dollar amount actually received, less any fees or costs incurred for conversion”. A similar bill was voted down in New Hampshire two years ago with concerns that the state would have to bear responsibility for converting the cryptos on volatile markets. Its sponsor, NH State Representative Eric Schleien (R), explained that there would be no cost and no risk to the state, as conversion would be automatic.
Another draft law, HB2601, is expected to regulate crowdfunding through initial coin offerings in Arizona. Its first reading in the House of Representatives is scheduled for June 2, 2018, and the second reading should take place on July 2. It is sponsored by Representative Jeff Weninger (R) who is also among the authors of the tax amendments. Recently, he told Fox that state legislators want to “send a signal to everyone in the United States that Arizona is going to be the place to be for digital currency technology”.
Others Have Taken the Same Road
Tennessee is another state that may soon legalize cryptocurrencies and crypto payments. A proposal to do that has come with a bill that would officially recognize cryptocurrency financial transactions and smart contracts in the state. It would also protect ownership rights of information secured on blockchain networks.
We are not just competing with other states in this space, we are competing with the whole world.
That’s what Tennessee House Representative Jason Powell (D) said after a presentation on blockchain technology last month. The Nashville lawmaker also called for adopting a “meaningful legislation” in the Volunteer State, as reported by The Tennessean. “It is really important to say that Tennessee is supportive of this technology and we want to be a leader in this innovation”, Powell added. Local authorities have already indicated that money transmitter licenses will not be required to trade cryptocurrencies in the state.
Wyoming may also become a crypto-friendly jurisdiction and is already taking steps to improve its attractiveness for startups from the sector. Several drafts have been introduced in the state legislature. Respective committees have passed two of them and they are now ready for the House of Representatives.
According to bill 0070, “a person who develops, sells or facilitates the exchange of an open blockchain token is not subject to specified securities laws”, if the token can be exchanged for goods and services. The legislation exempts exchanges from regulations applicable to brokers and dealers. Exemptions for cryptocurrency traders and transactions are also included in a draft to amend the Money Transmitter Act (0019).
Kansas and New Hampshire are two other states that have passed legislation with crypto-related exempts in their money transmitter regulations. In Texas companies are not licensed when offering custodial exchange services to in-state customers, and Montana has no applicable money transmission laws. Authorities in Nevada have promised to create favorable conditions for startups working with blockchain technologies. Most other states have yet to adopt their regulatory frameworks.
U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn’t necessarily think of states like Arizona, Tennessee, and Wyoming as the backbone of a great nation’s economy. How about… pioneers of its future development?
Also read: US Regulator Warns Against Pump-and-Dumps and Advises How to Buy Crypto
Bitcoin Doesn’t Stink – Arizona Will Take It
For some time now legislators in the Grand Canyon State have been thinking how to facilitate residents receiving incomes and profits in cryptocurrency. If bitcoin is good for ordinary citizens and businesses, it should be good enough for the state coffers, local lawmakers have decided. Last week Arizona got closer to accepting cryptos as legal tender for taxation purposes.
Several bills recognizing coins as currencies have been making their way in the State Legislature, as news.bitcoin.com reported. Two of them, SB1091 and SB1145, were aimed at regulating tax payments with digital currency. The SB1091 draft, sponsored by four Republican lawmakers, was endorsed by the Senate on February 8, with a 16 – 13 vote, after passing the Finance Committee in January. If the bill is adopted by the House, Arizona will become the first U.S. state to accept taxes in cryptocurrency in just a couple of years. The new law states:
A taxpayer may pay their income tax liability using a payment gateway, such as bitcoin, litecoin or any other recognized cryptocurrency, using electronic peer-to-peer systems.
It then clarifies that the Department of Revenue “shall convert cryptocurrency payments to United States Dollars at the prevailing rate after receipt and shall credit the taxpayer’s account with the converted dollar amount actually received, less any fees or costs incurred for conversion”. A similar bill was voted down in New Hampshire two years ago with concerns that the state would have to bear responsibility for converting the cryptos on volatile markets. Its sponsor, NH State Representative Eric Schleien (R), explained that there would be no cost and no risk to the state, as conversion would be automatic.
Another draft law, HB2601, is expected to regulate crowdfunding through initial coin offerings in Arizona. Its first reading in the House of Representatives is scheduled for June 2, 2018, and the second reading should take place on July 2. It is sponsored by Representative Jeff Weninger (R) who is also among the authors of the tax amendments. Recently, he told Fox that state legislators want to “send a signal to everyone in the United States that Arizona is going to be the place to be for digital currency technology”.
Others Have Taken the Same Road
Tennessee is another state that may soon legalize cryptocurrencies and crypto payments. A proposal to do that has come with a bill that would officially recognize cryptocurrency financial transactions and smart contracts in the state. It would also protect ownership rights of information secured on blockchain networks.
We are not just competing with other states in this space, we are competing with the whole world.
That’s what Tennessee House Representative Jason Powell (D) said after a presentation on blockchain technology last month. The Nashville lawmaker also called for adopting a “meaningful legislation” in the Volunteer State, as reported by The Tennessean. “It is really important to say that Tennessee is supportive of this technology and we want to be a leader in this innovation”, Powell added. Local authorities have already indicated that money transmitter licenses will not be required to trade cryptocurrencies in the state.
Wyoming may also become a crypto-friendly jurisdiction and is already taking steps to improve its attractiveness for startups from the sector. Several drafts have been introduced in the state legislature. Respective committees have passed two of them and they are now ready for the House of Representatives.
According to bill 0070, “a person who develops, sells or facilitates the exchange of an open blockchain token is not subject to specified securities laws”, if the token can be exchanged for goods and services. The legislation exempts exchanges from regulations applicable to brokers and dealers. Exemptions for cryptocurrency traders and transactions are also included in a draft to amend the Money Transmitter Act (0019).
Kansas and New Hampshire are two other states that have passed legislation with crypto-related exempts in their money transmitter regulations. In Texas companies are not licensed when offering custodial exchange services to in-state customers, and Montana has no applicable money transmission laws. Authorities in Nevada have promised to create favorable conditions for startups working with blockchain technologies. Most other states have yet to adopt their regulatory frameworks.
BTC volumes are enormous for a Saturday....
15:30:13vol: 0.037
Price: 10685.000
15:30:10vol: 0.020
Price: 10685.000
15:30:10vol: 0.001
Price: 10684.100
15:30:10vol: 0.016
Price: 10684.000
15:30:06vol: 0.006
Price: 10684.000
15:30:04vol: 0.008
Price: 10684.000
15:29:51vol: 0.006
Price: 10684.000
15:25:00vol: 18.173
Price: 10682.787
15:20:00vol: 38.221
Price: 10668.841
15:15:00vol: 24.131
Price: 10688.120
15:10:00vol: 31.383
Price: 10676.527
15:05:00vol: 28.155
Price: 10712.102
15:00:00vol: 33.283
Price: 10713.060
14:55:00vol: 53.173
Price: 10700.750
14:50:00vol: 54.401
Price: 10695.395
14:45:00vol: 54.197
Price: 10724.239
14:40:00vol: 31.006
Price: 10747.523
14:35:00vol: 9.194
Price: 10728.473
14:30:00vol: 54.479
Price: 10721.336
14:25:00vol: 34.027
Price: 10765.237
14:20:00vol: 55.067
Price: 10763.285
14:15:00vol: 3.426
Price: 10767.033
14:10:00vol: 84.669
Price: 10772.792
14:05:00vol: 12.301
Price: 10767.686
14:00:00vol: 33.463
Price: 10794.457
13:55:00vol: 2.900
Price: 10797.915
13:50:00vol: 11.271
Price: 10770.953
13:45:00vol: 21.627
Price: 10794.181
13:40:00vol: 27.090
Price: 10789.547
13:35:00vol: 33.444
Price: 10804.666
13:30:00vol: 26.744
Price: 10781.937
13:25:00vol: 46.343
Price: 10712.600
13:20:00vol: 31.430
Price: 10730.234
13:15:00vol: 10.549
Price: 10755.111
13:10:00vol: 30.468
Price: 10767.458
13:05:00vol: 55.784
Price: 10753.53
Major blocks of volume continuing.....
Looks like we caught some whales......
Block of 118 @10412.00 just went through , great volume......
Moves hard and fast on high volume block trades, trickles now on small transactions. One trade was 282 Btc...... Good start to the weekend.....
Pushing hard to get through $10,400.00.....
Someone wanted in badly on btc the last hour, large volume spike biggest of the day........