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Fundstrat & eToro Analysts Predict Coronavirus Crisis May Strengthen Bitcoin

21.3.2020
Fundstrat and eToro market experts look at the long-term effects of the coronavirus on Bitcoin

Bitcoin Price Clings to $6K Amid Warning 90% Recovery May Trigger Dip

21.3.2020
Analysts are still concerned that Bitcoin will head lower on longer timeframes after 24-hour losses of around $1,000

Ethereum Price Strengthens its Uptrend; May Rally Above $150

20.3.2020
ETH coin has responded to Bitcoin’s recent price escalation above $6000 The currency has tested resistance at $150 just now; correction took it to $148 The coin is holding bullish technical indicators while volatility is likely to play a vital role for a bull run this time Ethereum has formed...

Bitcoin's Price Recovery May Take Months: Fundstrat Analyst

20.3.2020
A Fundstrat Global Advisors analyst wrote in a recent note that Bitcoin’s price action was severely compromised by the recent price drop

Here's How High Bitcoin Price May Go if $6.4K Becomes New Support

20.3.2020
#Bitcoin price pares some losses, but how high could it rebound?

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...

12 Platforms Allowing You to Trade Gift Cards With Cryptocurrencies

19.3.2020
In an emergency situation like the current coronavirus pandemic, anything can turn into currency as the fiat system may experience cash shortages and devaluation. Cryptocurrency users have options to trade bitcoin beyond traditional money. A number of platforms will let you exchange...

Hawaii Hints It May Relax Onerous Rule to Lure Crypto Firms

18.3.2020
Hawaiian regulators have launched a digital currency sandbox that waives the state’s infamous double-reserve requirement for participating crypto firms

BitMEX Report: Issuance of CBDCs May Lead to Inflation

18.3.2020
BitMEX Research suggests that the issuance of the CBDC will lead to inflation as the last lever on the banks’ ability to create money will be lifted

A Guide to Bitcoin Halving, and What To Expect in 2020

18.3.2020
The next bitcoin halving is almost here. The event is set to occur in mid-May of this year and willContinue Reading The post A Guide to Bitcoin Halving, and What To Expect in 2020 appeared first on CoinMarketCap Blog

Bitcoin Price Hitting $2.8K ‘Not Scary’ Before May Halving — Tone Vays

18.3.2020
Bitcoin’s price floor is $2K, while $2.8K should not worry traders if it appears in the next few weeks or months, says Tone Vays

Bitcoin, Gold May Both Hit $1K in Race to the Bottom — Peter Brandt

17.3.2020
Gold and Bitcoin may both end up trying to stay out of three figures, one trader warns in a grim new forecast

Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic

16.3.2020
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people...

Ripple Court Ruling May Expand Legal Action Potential Against Crypto

14.3.2020
The application of UDAAP laws to cryptocurrencies not deemed securities will hold issuers responsible for the accuracy of advertising materials and customer agreements

Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B

12.3.2020
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...

New South Korean Crypto Law May ‘Force 190 Exchanges to Close’

12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...

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....