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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
30.12.2019
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...
Utorg Exchange Grants Access to Traders With Limited Verification
24.12.2019
Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed...
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
Poloniex Restores Unverified Accounts With Unlimited Trading
22.12.2019
In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...
P2P Crypto Trading App Allows You to Protect Your Privacy
21.12.2019
Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine...
Poles Hit With Backdated Tax on Crypto Trades
16.12.2019
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...
Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...
Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany
7.12.2019
Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also...
Fundamentals of Cryptohopper and the Various Tools That It Offers to the Traders
5.12.2019
Cryptohopper is a robust automated crypto training bot that has helped over 160,000 traders all over the world to trade in the most desired way. It was launched by two brothers of Netherlands in 2017, one of them was a day trader and the other was a brilliant web developer. They were absolutely...
Circle Warns Poloniex US Customer Assets May Be Sent to the Government
5.12.2019
As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property....
Circle to Charge Fees on US-Based Poloniex Traders’ Crypto After Dec. 16
4.12.2019
Circle has warned U.S.-based Poloniex users that it could fine or confiscate their balances if they do not remove their funds
MARKETS DAILY: China Picking Winners While Traders Wonder
3.12.2019
This time we're talking winners and losers in China's increasingly top-down crypto industry, the implications behind former CFTC chairman Giancarlo's just-announced move to white-shoe law firm Willkie Farr & Gallagher, and more
How the Upcoming Bitcoin Halving Compares to Previous Cycles
2.12.2019
For those standing very close to the crypto charts, it might be easy to get discouraged by the gloomy nature of recent markets. However, new comparisons of the current halving cycle to those in the past have emerged and might put some wind back into the sails of traders, hodlers, and cryptocurrency...
Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders
2.12.2019
Technical analysis, or the art of divining future price movements from historical data, divides opinion in the crypto world. So does does it offer real insight into the markets?
Bitcoin (BTC) Bounces Back, Swing Traders Paradise!
29.11.2019
Bitcoin’s current price is a swing trader’s paradise with clear support and resistance zones. It is respecting Fibonacci levels on weekly and daily time frames like clockwork. Using weekly and daily charts with Simple Moving Averages, Ichimoku Kinko Hyo, Fibonacci Retracement Tool, and...
Litecoin (LTC) Upsurge to Bring Profitable Day for Traders
28.11.2019
Litecoin price demonstrates indications of advancement towards the intraday high during strong bullish sentiments The immediate resistance is positioned around $49.21 Litecoin price is heading towards the intraday high. The improvement marked in the coin is quite impressive. The big players of...
Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’
28.11.2019
Antonopoulos has argued against the grain of commonplace fears about the adverse price impact that Bitcoin futures trading has on the market price
Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend
25.11.2019
Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...
Bitcoin Price Drops to $6.5K as Traders Eye CME ‘Gap’ Bounce
25.11.2019
Bitcoin reverses at $6,500 to avoid freefall lower