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5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums
7.4.2020
Digital asset markets have been gathering some gains during the last few days and tokens like stablecoins have seen massive demand since the start of the market carnage. Alongside stablecoins, gold-backed digital assets like Tether Gold, Pax Gold, and Digix Gold have seen tremendous trade volumes...
Bitcoin And Altcoins Look Poised For Continued Gains
7.4.2020
In the past few sessions, there was a sharp rise in bitcoin price above the USD 7,000 resistance area. BTC/USD surpassed the USD 7,250 resistance area and it is now (08:30 UTC) trading in an uptrend. The next hurdles on the upside are near USD 7,550, USD 7,650 and USD 7,800.
Also, almost all major...
Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis
3.4.2020
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets...
Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners
2.4.2020
The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite...
Brave Browser Gains 1M New Users in a Single Month
2.4.2020
Privacy-focused internet browser Brave garners one million additional users in March
Safeguarding Investments: Cryptimi.com Offers the Solution
30.3.2020
Anyone venturing into the digital currency scene understands the significance of performing analyses to evaluate potential gains. Security breaches and hacking are a constant risk when it comes to the realm of cryptocurrencies. Nevertheless, the level of security and protection offered by...
Bitcoin Gains Intraday Momentum and Readily Surges Above $6.4k
30.3.2020
Bitcoin (BTC), at the time of writing, was seen hitting the intraday high above $6,400 after hitting a weekly low around $5,800. Yet, this was quite an anticipated dip that was lined up after the price of BTC faced a “death crossover” and price accumulation above $6k and $6.5k over a period of...
XRP Lags Behind Market Despite Strong Weekly Gains
30.3.2020
XRP, the cryptocurrency affiliated with US-based fintech company Ripple, is among just a handful of digital assets that are trading in the red or are unchanged over the past 24 hours, with the broader crypto market recording strong gains during early Monday trading.
Heavy selling Sunday night added...
Investors in Polychain Capital’s Crypto Hedge Fund Saw 1,332% Gains – If They Stomached the Dips
30.3.2020
An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund
Ripple CEO’s Public Statements About XRP Token Under Fire in Class-Action Lawsuit
28.3.2020
Plaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed. Also read: Market Update: Slew of Unknown Coins...
Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’
27.3.2020
The top ten coins have done well but there’s a ton of unknown digital currencies moving up the ladder with great speed. In fact, a considerable number of cryptos have gained 50-1,520% in the last 30 days, since Black 'Thursday'
The post Market Update: Slew of Unknown Coins Has Seen Considerable...
Monero (XMR) Quietly Gains 99.5% as Bitcoin Price Consolidates
27.3.2020
Monero price is a standout amongst altcoins, gaining nearly 100% since the crypto market crashed on March 12
Bitcoin Price Gains 7% in 24 Hours as Wall Street Bets on $2T Bailout
24.3.2020
Bitcoin traders are in no mood for optimism yet, despite markets moving higher on the hopes of coronavirus bailouts
Bitcoin (BTC) Gains Intraday Momentum; Spikes Above $5.5k
19.3.2020
Bitcoin, at the time of writing this article, was trading above $5,500 after five days of sluggish pullback The intraday bullish crossover ramped up the market as the price trend of BTC formed consecutive higher high at $5,686.94, until the time of writing Today, the coin has spiked from the utter...
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
19.3.2020
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting...
Bitcoin and Altcoins Correct Gains
18.3.2020
Yesterday, we saw a decent upward move in bitcoin price above the USD 5,000 resistance area. BTC/USD even climbed above the USD 5,200 and USD 5,350 resistance levels. However, BTC/USD struggled to gain traction above the USD 5,500 resistance and it is currently (08:30 UTC) correcting...
Bitcoin Volume Gains Traction After 24-Hour Roller-Coaster Ride
16.3.2020
Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up
Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide
14.3.2020
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto...
Bitcoin Ekes Out Gains but Remains in Red Amid Broader Market Rebound
13.3.2020
Bitcoin has recovered slightly from Thursday’s brutal selloff as global financial markets creep back into the green
Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits
12.3.2020
Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts....