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Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...
Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion
15.7.2020
Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation....
A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
14.7.2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
14.7.2020
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters...
Bitcoin News Roundup for July 14, 2020
14.7.2020
With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!
Oprašte joysticky a upgradujte počítač: MS Flight Simulator 2020 startuje 18. srpna ve třech verzích
14.7.2020
Ačkoli beta testování nejnovější verze MS Flight Simulatoru má začít až 30. července, Microsoft už má jasno o termínu zahájení prodejů. V pondělí večer oznámil e-mailem datum oficiálního uvedení na trh, kterým je úterý 18. srpna. Případní zájemci si mohou hru již nyní předobjednat přes Microsoft
As Money Printer Goes Brrrrr, Wall St Loses Its Fear of Bitcoin
14.7.2020
“I know anecdotally of several [investment managers] that have accumulated between $100 million and $500 million.”
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
MPC’s 10th Annual Mobile & Digital Commerce Event is Now Virtual on August 24-26, 2020
14.7.2020
World’s Leading FinTech Brands Covering MPC20 Virtual Attendee Costs as Digital Commerce Takes Center Stage in Today’s Economy. PHOENIX, July 13, 2020: MPC20, the premier MPC Mobile & Digital Commerce Event, announced today that it will host its 10th annual conference for FinTech innovators...
2020: The Year Ethereum Stayed Home
14.7.2020
This is a weird year for everything and everyone but it's particularly weird for Ethereum – which is known for a globetrotting slate of annual events
Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’
14.7.2020
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class
IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog
14.7.2020
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
14.7.2020
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations
Crypto Taxes: Still Confused After All These Years
14.7.2020
Many tax professionals claim the recent guidance didn’t provide much clarity and created more confusion than it dispelled
Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8
14.7.2020
The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...
Chainlink Token Price Surges, Briefly Breaks Into the Top Ten by Market Cap
14.7.2020
The price of Link, the native token of the Chainlink network, soared in 48 hours gaining some 40% in that period. This rally saw the token briefly breaking into the crypto market capitalization top ten. At the time of writing, the token LINK had a market capitalization of nearly $2.6 billion easily...
Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far
13.7.2020
Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017
Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
13.7.2020
The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the...
Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys
13.7.2020
According to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being...