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SEC's 'Crypto Mom' Updates Token Safe Harbor Proposal on GitHub
14.4.2021
Hester Peirce. Source: a video screenshot, Youtube, Blockland Solutions
Hester Peirce, Commissioner of the US Securities and Exchange Commission (SEC), updated her token safe harbor proposal which aims to enable crypto businesses to offer tokens under initial coin offerings (ICOs) in compliance...
South Korean City Goes to War with Tax Evaders, Will Seize their Crypto
14.4.2021
The South Korean city of Gyeongju, in North Gyeongsang Province, has announced that it will investigate tens of possible cases of suspected tax evasion to see if high tax-band individuals are concealing their money in crypto – with token “collection and seizures” possible.
Per Gugkje News, the city...
XRP Rallies While Bitcoin and Ethereum Climb To New ATHs
13.4.2021
Bitcoin price started a steady increase after it broke the USD 61,200 resistance. BTC cleared the USD 62,000 resistance and traded to a new all-time high. It is currently (11:30 UTC) trading well above USD 62,000 and it might extend gains above USD 63,200.
Similarly, most major altcoins are trading...
Crypto Listing and Delisting Announcements: Week 15
12.4.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Market Sentiment Up Again, ChainLink Gets the Throne
12.4.2021
Over the week behind us, the market sentiment continued to climb upwards, albeit in small steps, but also reaching a rarely seen number of individual coins in the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins stands at 6.27, up from 6.03...
Impressed With BNB Rally? These CEX Tokens Jumped Even More
12.4.2021
In the past seven days, several centralized exchange (CEX) tokens got ahead of binance boin (BNB), the native token of the major crypto exchange Binance - but their trading volumes are much smaller when compared to Binance's giant.
According to Coingecko, at 10:00 UTC on Monday, BNB stood on...
Bitcoin Cash From Hard Fork Is Taxable Income - IRS
12.4.2021
Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS).
The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to...
XRP Doubles as Ripple Scores Victory, 'XRP' Overtakes 'Ethereum' On Google
12.4.2021
Ripple’s bosses have scored another legal victory in their already protracted struggle with the American regulatory Securities and Exchange Commission (SEC) – after a ruling magistrate judge upheld a bid to respect the privacy of the personal financial records of CEO Brad Garlinghouse and Executive...
Settlement Is Most Likely Outcome in Ripple vs. SEC Case - Attorney
9.4.2021
While XRP has muscled its way back into the top-four cryptoassets by market capitalization as Ripple scored an important victory in the court, the legal battle with the US Securities and Exchange Commission (SEC) is far from over and most likely will end with a settlement, per...
Bitcoin, Ethereum and Altcoins Move Higher, Dips Attractive
9.4.2021
Bitcoin price gained momentum after it broke the USD 57,500 resistance level. BTC even cleared USD 58,000 and it is currently (12:00 PM UTC) trading above USD 58,250. It seems like the bulls are aiming for a test of the main USD 60,000 resistance in the next few sessions.
Similarly, most major...
Fintech Heavyweights Revolut, Robinhood Gun for More Crypto Gains
9.4.2021
Major fintech players are stepping up their crypto game in an apparent bid to attract new customers to their platforms, with the UK-based Revolut adding support for 11 additional coins, including cardano (ADA) and decentralized finance (DeFi) offerings like uniswap (UNI) – and the USA-based...
Tony G Discloses His Investment in GAMEE
9.4.2021
Antanas Guoga. As a founding shareholder of Cryptonews.com, Lithuania-based serial entrepreneur Antanas Guoga, also known as Tony G for his poker acumen, disclosed that he invested an unspecified sum in the GAMEE Token (GMEE) during its USD 2.2m private presale.
GAMEE, a subsidiary of mobile games...
Signal Turns Into Noise With MobileCoin Integration
7.4.2021
Private messaging app Signal, which is also popular among crypto users, announced they're launching payments using MobileCoin (MOB). But then things turned sour.
Per the April 6 announcement, this is a beta feature in Signal Beta, available to the United Kingdom folks for testing and feedback...
Prepare Your Crypto Startups as Binance is Shopping
7.4.2021
Source: a screenshot, Instagram/binance
Major crypto exchange Binance plans to do about three acquisitions every month, according to CEO Changpeng Zhao (aka CZ).
Binance is "actively doing acquisition deals, especially in a lot of these new areas. My view is I’m not an expert in these areas...
Ripple Digs For XRP Gem That Might Help Win Against SEC
7.4.2021
The court opened doors for blockchain company Ripple to examine the US Securities and Exchange Commission (SEC) documents showing their internal discussions about whether the Ripple-affiliated XRP is similar to cryptos like bitcoin (BTC) and ethereum (ETH), which are not considered to...
Swedish Central Bank Wants ‘Market Actors’ to Join Next Stage of CBDC Pilot
7.4.2021
Sweden’s central Riksbank is forging ahead with its e-krona pilot project, and has outlined the next steps it wants to take – putting it on track to become the first European nation to roll out a central bank digital currency (CBDC).
The Riksbank has been bullish about issuance, but will still have...
Polkadot Investors Unimpressed With Tether News
6.4.2021
Polkadot (DOT) investors seem to be unimpressed by the news that the most popular stablecoin is coming on this blockchain.
The issuer of the stablecoin, Tether, announced today that tether (USDT) will launch on Polkadot, becoming the first stablecoin on this network.
However, DOT, ranked 6th...
XRP Breaks USD 1, Steals Spotlight From Bitcoin and Ethereum
6.4.2021
Bitcoin price failed to stay above USD 59,000 and corrected lower. BTC is now holding gains above USD 58,000 and it is currently (12:00 PM UTC) showing signs of a fresh increase. If there is a fresh increase above USD 59,000, the bulls might test USD 60,000 or even USD 60,500.
Similarly, most major...
Traders Issue Warnings as Alts are Booming and Bitcoin Consolidates
6.4.2021
Professional traders are reminding the new players in the crypto market to exercise caution while altcoins are booming and the world's number one crypto, bitcoin (BTC), still consolidates.
This is a warning that's sounded every alt season, and it was particularly loud during the last year's fast...
South Korean Newspaper to Give its Subscribers Kakao's Klay Token
6.4.2021
In an unprecedented move, the mainstream South Korean newspaper Hanguk Kyungjae has announced that it will begin giving out crypto tokens to subscribers of its print and online editions.
The newspaper (English name: “Korea Economic Daily”) is one of the nation’s leading financial dailies. It...