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Brazilian Central Bank Changes its Cryptocurrency Classifications
27.8.2019
The Brazilian central bank – the Banco Central do Brasil (BCB) – has made changes to the way it classifies cryptocurrencies.
In an official announcement, the BCB says that it is moving in line with International Monetary Fund (IMF)-issued guidelines on cryptocurrencies. From now on, the BCB said...
Brazil Central Bank implements IMF Guidelines, Acknowledges Cryptocurrencies as Assets
27.8.2019
Recently, the Central Bank of Brazil has proceeded to categorize selling or buying cryptocurrency resources as per IMF (International Monetary Fund) rules. Brazil’s national bank declared its choice just recently. Besides, with the new type of classification as per IMF standards, exchanged...
TRON’s Justin Sun Backs Facebook’s Libra; Says It Will Facilitate “Bright Future”
27.8.2019
Justin Sun, the founder of the TRON (TRX) and current CEO of BitTorrent, has always been a distinctive figure in and an active advocate of cryptocurrencies and blockchain. From the success of TRON and his acquisition of BitTorrent to his app PEIWO and his work with Ripple Labs, Sun has not steered...
New Zealand’s Radio Personality Denies Promoting BTC on Social Media
27.8.2019
Duncan Garner, the radio host who hosts the program called The AM Show on the MagicTalkRadio in New Zealand, has declined of promoting BTC (Bitcoin) on Facebook. As noted in the video, a local news outlet, on 26th August 2019, Garner can be seen setting the record straight about his inclusion...
Price Analysis: Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Bitcoin SV (BSV), Stellar (XLM), Monero (XMR), Ethereum Classic (ETC), NEO
27.8.2019
Bitcoin has been attempting to strike a hit above $10,400 since yesterday, but the coin has recently taken a nosedive and has traced a dip even below $10,200. It is to be seen how the rest of the crypto market responds to the recent price plunge of the most influential crypto-coin. However,...
Facebook Takes FS Vector On-Board to Resolve Regulatory Pressure on Libra
27.8.2019
Facebook, the social networking giant, has collaborated with a lobbying firm, FS Vector, to render to the backlash poured upon it after the announcement of its planned cryptocurrency project, Libra. The Washington based firm, FS Vector is a notable consultancy or advisory firm that works in...
BUTTON Wallet Surprises 300 million Telegram Users With Free Cryptocurrency Testing Playground
27.8.2019
Trading in cryptocurrencies has gained a good amount of momentum in the past few years owing to the lucrative returns bestowed upon to the investors. Despite, earning a lot of attention from the masses, a large section of our community hesitates to indulge in trading of this new-age currency....
Ripple Price Analysis: Ripple Price (XRP) Fears Downward Stride as it Breaks Down At $0.26
27.8.2019
Ripple price slides just like the other two major coins of the market fall. XRP falls to trade near its major support area of $0.25. With this XRP price comes out of the $0.27 price loop and breaks downwards. Ripple along with the two top-ranked coins of the crypto market takes a downward turn....
CoinFlex Obtains 10M Dollars in Funding for BTC Futures Settlements
27.8.2019
CoinFlex, the first physically delivered digital currency futures exchange in the world based in Hong Kong, has received a whopping ten million dollars via a funding round which concluded in the past week, as reported by the South China Morning Post on 26th August 2019. As per the reports,...
Cryptocurrency Exchange and Brokerage ShortHop, is now Operating in Seven U.S. States
27.8.2019
ShortHop, Cryptocurrency brokerage and exchange is currently operating in further seven U.S. states enabling its clients to work with order books of many trading platforms by utilizing a single window. ShortHop is presently open in Massachusetts, Indiana, New Jersey, Nevada, Arizona, Rhode Island...
Ethereum Foundation Unveils $2M Worth Funding for Development of Serenity (ETH2.0)
27.8.2019
As reported, the very first stage of the transition from Ethereum network’s to Ethereum 2.0 is expected to take place on January 3, 2020. As we near the launch of Ethereum’s Beacon Chain, the open-source blockchain developer unveiled grants of over $2M. The grants are to be allocated to development...
Ethereum (ETH) Slips Below $190; Trades Near Major Support Level of $185
27.8.2019
Ethereum falls below the trading price of $190. ETH price now trades near its major support area around $185. ETH slips with a strong selling pressure. Ethereum price trades with a dip below $190, the major question lies is will it create a new weekly low or bounce back from the current trading...
Binance Ventures into Crypto Lending to Attract Customer Deposits with 15% Annual Interest
27.8.2019
Binance ventures into the lending sector to attract customer deposits The new proposal is named as Binance Lending Beginning from 27th August, the annualized borrow margin loan fee will increase for ETC from 7.3% to 14.6% The world’s biggest cryptocurrency exchange, Binance has launched...
Bitcoin Price Analysis: Bitcoin Price (BTC) Hits $10,100 After Trading at $10,600; Short-term Seems Bullish
27.8.2019
Bitcoin price has been trading above $10,000 since quite some time now, only with a few dips in between. But important to note that BTC has not slipped below $9800 in the past 10 days. However, when observed closely, BTC price has been moving within two extreme ranges between $10,600 to $10,100....
‘Single Window’ Crypto Exchange ShortHop Launches in 7 US States
27.8.2019
“Single window” crypto exchange ShortHop expands to seven U.S. states
CoinFlex Receives $10 Million Funding for Bitcoin Futures Settlements
27.8.2019
CoinFlex has received $10 million in a recent investment round and wants to do more business with Asian retail investors
The Changing Face of Cryptocurrency Trading in 2019
27.8.2019
The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey...
Overstock’s New Interim CEO Pledges its Allegiance to Cryptocurrencies
27.8.2019
Earlier this month, Patrick Byrne, C.E.O. of Overstock, resigned as the company’s chief executive and chairman after disclosing romantic affairs with a Russian agent. His official statement, with references to the “Deep State,” “Men in Black” and “political espionage,” had sent Overstock’s down...
Crypto in Court — Overview of the Biggest Lawsuits Worldwide
26.8.2019
The SEC continues to file lawsuits in the U.S., but banks are on the receiving end of international crypto court cases
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....