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Bitcoin Cash, Litecoin See Gains as New Grayscale’s Funds Go Public
21.7.2020
The price of both bitcoin cash (BCH) and litecoin (LTC) increased after major crypto asset manager Grayscale Investments said that two new trust funds backed by the cryptocurrencies have been approved for listing on public over-the-counter (OTC) markets in the US.
At the time of writing (09:34...
Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen?
14.7.2020
The price of Binance Coin has gained almost 20% on Bitcoin in July and this spells bullish for the price of the exchange’s IEO tokens
Ontology Gains Over 30% in 2 Weeks and Trades Above $0.70
14.7.2020
Ontology has been gaining an edge in the altcoin market and has drawn an uptrend straight after the market crash in March. With a bullish intraday momentum, ONT/USD bullish candlewick of the price trend is hitting the upper 20-day BB. Ontology, which otherwise was seen trading laterally, is...
Market Wrap: Stocks Make Gains While Bitcoin Sticks to $9,200
13.7.2020
A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat
South Korea Could Issue a Crypto Capital Gains Tax as High as 20%
13.7.2020
Crypto taxation in South Korea could increase to 20% for capital gains
First Mover: Twelve-Fold Gains for Aave’s LEND Token Might Be More Than DeFi Hype
13.7.2020
Collateral deposits in Aave are up nearly $160 million over the past six months, suggesting actual usage rather than speculation
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...
South Korean MP Makes Bid to Impose Capital Gains Tax on Crypto
10.7.2020
Yang Kyung-sook. Source: Twitter, @yangkyungsook
An influential South Korean MP has put forward a private members’ bill that would see crypto taxed under the nation’s capital gains tax laws.
Per Jose Ilbo, Yang Kyung-sook, an MP for the ruling Democratic Party and a member of the National...
XRP Reclaims 30-day High & Gains 13% in 2 Days
9.7.2020
XRP, in the recent past, was seen taken over by Tether at 3rd position in the global crypto market. XRP, beyond doubt, is an amazing altcoin investment but has a slower growth comparatively. If we consider the recent altcoin hike wherein the coins like Verge, Cardano and VeChain have gained...
Blockchain Bites: DiDi to Trial the Digital Yuan and a Look at Chainlink’s Gains
8.7.2020
The "Chinese Uber" will join the nations CBDC project, TikTok threw Dogecoin a treat and Nexo tapped Chainlink
Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%
8.7.2020
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able...
Dogecoin Gains 20% Amidst TikTok Pumping Challenge
7.7.2020
Dogecoin has surged almost 20% this week, possibly due to a viral TikTok challenge that encourages users to get rich should the coin's price hit $1
TRON Gains for the 5th Day Straight; Spikes Above $0.0170
2.7.2020
TRON 4.0 is set to release on July 7, 2020 and is known as Great Voyage. TRON 4.0 is aimed to retain all the benefits of decentralized Web Tron to augment the framework of a decentralized internet. TRON Protocol—the blockchain-based largest operating system offers scalability, high-availability...
Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020
1.7.2020
The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday...
Ripple Partner SBI Gains UK Foothold after Agreeing USD 30m B2C2 Deal
1.7.2020
Japanese financial giant SBI Holdings has agreed a deal to buy a USD 30 million minority stake in Britain-based crypto player B2C2. The latter also says it will “launch a full prime brokerage for both crypto and other asset classes,” per its founder.
According to Reuters, SBI has agreed to the deal...
Africa Posts Triple-Digit P2P Volume Gains in Three Months
1.7.2020
Sub-saharan Africa now represents more than $15 million in combined weekly peer-to-peer trade following triple-digit growth over just a few months
Bitcoin Still On Track for Quarterly Gains After Drop Toward $9K
25.6.2020
Bitcoin looks set to end its three-quarter losing run despite having dropped to $9,000 earlier on Thursday
Bitcoin And Altcoins Trim Gains, But Dips Likely To Remain Supported
24.6.2020
Yesterday, we saw a sharp increase in bitcoin price above the USD 9,550 resistance level. BTC traded close to USD 9,800 before starting a downside correction. The price traded below USD 9,600 and it might soon test the USD 9,500 region.
Similarly, most major altcoins trimmed gains and...
Brazilian Hedge Fund Still Down 56%, Despite 16 Months of Crypto Gains
23.6.2020
BLP Asset Management’s returns are a reminder that cryptocurrency funds that took a hit in 2018 when prices of digital currencies crashed have a harder time getting back to sea level than those buoyed by 2017’s cresting market gains
Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings
20.6.2020
Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported...