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IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...
Facebook competitor in Latin-America Sets the Road for a New Internet of Value
9.10.2019
IOV Labs, the parent company behind RSK Bitcoin smart contract network, and RSK Infrastructure Framework (RIF) has recently acquired Taringa, the major social media platform for Latin America with 30 million users. This acquisition represents an opportunity to quickly bring […]
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Bitcoin Cash Records 1.88% Fall; Trading Value Hovers Around $230
9.10.2019
Bitcoin Cash loses 1.88% in the past 24 hours to fall to 230 USD. The next resistance for BCH may come at 236 USD. Bitcoin Cash plunges by 1.88% over the past 24 hours and the current trading price is marked as low as 230 USD. The three price swings in the last day have …
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Bitcoin Cash Settles More Value Than ETH in Dollars Moved
9.10.2019
Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good...
Chainlink’s Price Escalated by 12.5%; Value at $2.
8.10.2019
Chainlink is up by 12.5% over the last 24 hours The next resistance may come at 2.55 USD Chainlink has gained almost 12.5% over the last 24 hours, and the value has now comfortable surpassed 2.3 USD. The three price swings show an overall growth trend of LINK having a range between 2.10 USD...
Data Shows Institutional Interest in Bitcoin Has Diminished
5.10.2019
Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that...
German Bank Predicts BTC at $90,000 After Next Halving
3.10.2019
You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...
Tether Goes Opposite of the Market by Cutting 0.21% in the Value Overnight
1.10.2019
Tether falls by 0.21% over the last 24 hours. The next resistance is likely to come at 1.014 USD. Tether (USDT) has gone opposite to the overall market trend and in the last 24 hours, it has lost 0.21%. The value is constantly hovering around 1 USD and it has fallen to as low as …
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In Rare Deal, Crypto Custodian Wins Insurance on Full Value of Client Assets
24.9.2019
Marsh & McLennan, the world’s largest insurance broker, has arranged unusually generous insurance for new crypto custodian KNØX
How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model
21.9.2019
Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying...
IRS Warns SMEs: Our Agents Are Trained to Value and Seize Your Crypto
20.9.2019
Source: iStock/Photographer, Filmmaker, Designer
America’s top tax authority, the Internal Revenue Service (IRS) has issued a chilling warning to small and medium-sized enterprises (SMEs) that deal with cryptocurrencies. The agency said that it will step up its collection efforts and criminal...
Ethereum (ETH) Grows by 5.6% in a Day; Value Roams Around $219
20.9.2019
Ethereum gains 5.6% to touch 219 USD in the last 24 hours. It may find the next resistance at 225 USD. Amidst the blood bath in the whole market, Ethereum (ETH) has managed to sustain its growth. In the last 24 hours, it has gained over 5.6% and the current value is now roaming around …
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EOS Value Drops Below the Baseline Again, after having Fine Fluctuations in Last 5 Days
19.9.2019
EOS has been manifesting a decent fluctuation in the upward motion. However, a downtrend in the last few hours was quite noticeable. Considering the price trend from the last 5 days, EOS was initially seen at the lowest touch down on September 14, 2019, around 13:05 UTC trading at $3.7061....
Bitcoin Retains its Value at $10,200; No Quick Recovery Seems Imminent
18.9.2019
Bitcoin again fails to make any move in the last 24 hours and as far as its price against the US Dollar is concerned, there has not been any minor change over the period. It was through four phases of price shifts yesterday and BTC price has a range of 10,700 USD and 10,100 USD. …
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Bitcoin’s Slow Days Count Adds Another Point; Value Stagnates Around $10,300
14.9.2019
Bitcoin lost 0.5% in the last 24 hours and closed the day around 10,300 USD. The next resistance for Bitcoin may come at 10,600 USD. Bitcoin’s current slowdown is not a thing to be over so soon. Adding another day to the series, Bitcoin has been down by almost 0.5% in the last 24 hours....
Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value
13.9.2019
Dark market sellers are offering fiat cash for bitcoin at discount prices, but there's a catch
Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch
11.9.2019
Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism. Also Read: Bitmain...
SWIFT: Crypto Useless, ‘Goes Down In Value Like A Yoyo’
10.9.2019
Cryptocurrencies “go down in value like a yoyo,” are “useless and unstable,” say representatives at SWIFT
Ripple Loses Value to $0.2591, May Fall Further to $0.2567
9.9.2019
Ripple is down by 0.5% over the last 24 hours and falls miles behind its weekly high. The coin’s next halt may happen at 0.2567 USD. Ripple has been following the market trend and falls by 0.5% in the last 24 hours; the coin is now at 0.2591 USD. XRP has seen four major price …
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Mark Mobius Argues Bitcoin Should Be Backed by Gold to Have Any Value
5.9.2019
Famous emerging markets investor Mark Mobius believes that Bitcoin needs to be backed by gold to have any value