ICOHow.com

The owner hired the real estate company to sell his mansion for $8 million worth of BTC. The Russian real estate firm Kalinka Group has  announced  that once of its clients is selling his luxurious home for bitcoins. The 4200 square foot country mansion is located in the village of Nikolino, situated in a fashionable neighborhood off the Rublevo-Upenskoe highway. According to the Kalinka Group, this is the first time in the history of the Russian real estate market that a client has offered to sell a property for cryptocurrencies. "Such transactions are still a novelty, even for world real estate markets,” Ekaterina Rumyantseva, the chairman of the board of Kalinka Group, said in a statement. “We are pleased to be pioneers and open new frontiers in business.” She pointed out that Russian legislation has not yet defined the rules for working with bitcoins, and so far there is no legal definition of the cryptocurrency. Also, as there is no regulatory or legal fr...

The Japanese Financial Services Agency (FSA) has announced that it received registration applications from 50 Bitcoin exchanges as of August 2017. The applications are being reviewed for compliance. A report by the local newspaper Sankei Shimbun  claimed  that the agency has started their review on whether the exchanges dealing with virtual currencies like Bitcoin have implemented measures aimed at protecting their users. State of the digital currencies in Japan The government of Japan amended its fund settlement law in April 2017 to allow recognition of Bitcoin as a legal payment method. Many have credited that decision with Bitcoin’s  extraordinary bull run this year . With that approval, the FSA was required to ensure the registration of virtual currency exchanges in the country. Exchanges must be registered by the end of September. Under the law, the FSA should ensure that the exchanges are compliant with the requirements before they can be officially re...

Bitcoin cash is crashing on Monday, trading down nearly 20% at $579 a coin after soaring to a record high of $942 during an impressive weekend rally. In the process, bitcoin cash reclaimed the spot as the third-largest cryptocurrency, according to  Coinmarketcap.com . Despite Monday's steep slide, bitcoin cash is still up about 110% since its genesis on August 1 when it split from the original bitcoin network.  "More exchanges are trading bitcoin cash now," Sebastian Quinn-Watson of Blockchain Global told Business Insider. Some bitcoin exchanges and wallets didn't immediately upgrade their infrastructure after the bitcoin/bitcoin cash split, so many holders of the new cryptocurrency weren't able to actively trade their holdings until last week.  "Now most people can buy and sell it (finally), so the wider speculative boom is on," he added. Josh Olszewicz, a bitcoin trader and bitcoin cash skeptic, told Business Insider that speculation...

Bitcoin Cash bounces after 14% tumble Prices of bitcoin and Bitcoin Cash rebounded on Tuesday, while ethereum remained under pressure, further retreating from recent all-time highs. A single bitcoin  BTCUSD,  +0.23%  was most recently up 2% on the day at $4,139.87, after dropping to as low as $3,687 in morning trade. At the session lows, the virtual currency had briefly been pushed into correction territory, defined by technical analysts as a 10% or greater fall from a recent peak in an asset. Bitcoin hit as low as $3,687 earlier on the day, which would represent a 16.7% decline from its mid-August record close above $4,425,  according to virtual-currency site Coindesk.com . At current levels it is 8% below that peak. Even after the stumbles, bitcoin’s price is about 400% higher since the start of the year, with a market cap at $68.7 billion, according to digital-currency research site  Coinmarketcap.com . Meanwhile, ethereum’s ether token retreated, ...

Bitcoin is the world's most popular cryptocurrency, and its value continues to reach new heights. Here are a few reasons this relatively unknown digital coin was able to make the climb from obscurity to the mainstream consciousness. OUTSTANDING PERFORMANCE So far, 2017 has been an eventful year for  Bitcoin . The platform recently  endured a hard fork  that saw it split in two and come out seemingly unscathed. Meanwhile, the  cryptocurrency  has risen from relative obscurity to become a popular topic of discussion in the mainstream, with everyone from  Bloomberg  to  Forbes  covering it regularly. The year isn’t even over, and  bitcoin has reached numerous milestones  already, both in terms of its own history and that of  cryptocurrency in general . Overall, Bitcoin seems to be steadily trending upward, with  even greater heights predicted  for the platform’s future. So, how did a cryptocoin originally associ...