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Bitcoin Price Breaks the Freeze Zone Around $8,300 and Drops to $8,100
16.10.2019
BTC price books loss with its intraday movement The price breaks the freeze zone at $8,300 Bitcoin (BTC) was seen trading around $8,300 since a long time now. Last week, the price slipped to $7,900, but soon recovered and kept itself tight around the above-mentioned level. The current market...
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
Bitcoin Wallet Electrum Will Support Lightning Network in Next Release
16.10.2019
The Bitcoin wallet Electrum tweeted on October 14 that it will support the Lightning Network (LN) in its upcoming release. The announcement revealed that the company is set to install a more efficient inbuilt Python-based system. Integration with the Lightning network will be done after the release...
CoinShares, Blockchain and MKS Switzerland Collaborate to Launch Bitcoin Network Backed Token DGLD
15.10.2019
The DGLD, a digital asset token protected by the Bitcoin “Blockchain,” was recently launched by CoinShares, a European digital asset investment firm in collaboration with Blockchain, a major crypto wallet, and provider of some major crypto products along with MKS (Switzerland) SA part of MKS Pamp...
Bitcoin (BTC) Reverses Yesterday’s Uptrend; BTC Remains Intact Around $8,300
15.10.2019
Bitcoin price moves around $8,300. The intraday price movement indicates a bearish ending. Bitcoin price is moving with a moderate speed as the price is seen to be stable at around $8,300 since the last week. Within the span of fifteen days, the price has touched the lowest point at $7,900....
Vendor on British Real Estate Portal Ready to Accept BTC Payment For 150-Year-old Property’s Sale
15.10.2019
As per a property listing on a leading online real estate and property portal of the United Kingdom called Rightmove, a vendor has put up a property for sale and is ready to accept payment in number one cryptocurrency Bitcoin. The property that the vendor is trying to sell is a 150-year-old church...
Nash Cryptocurrency Exchange Stands Strong Against the Hackers With Its Revolutionary Technology
15.10.2019
Cryptocurrencies or digital money, as the world likely addresses, has undoubtedly come a long way while facing its share of ups and downs. Not only people were highly skeptical about them owing to their intangible access, but illicit activities like exchange hacks made the situation even worse....
Fear of Another Global Recession Suggests Cryptocurrencies Are a Safer Bet Than Fiat Currencies
15.10.2019
The global recession of 2008 was the scariest dream of the world economy when bankers became poppers within a matter of hours, and the entire market collapsed. After more than a decade, the shocks of recession are still felt in some sectors, and therefore, the thought of another one sends chills...
Indian Supreme Court Postpones Crypto Case to November
15.10.2019
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...
Bitcoin and Ethereum Donations Won’t Be Converted to Fiat Currencies: UNICEF
15.10.2019
UNICEF, last Wednesday, became the very first United Nations organization and one of the handfuls of international bodies to reap the benefits of cryptocurrencies. They proudly announced that the agency would now be accepting Bitcoin and Ether as donations through the UNICEF Cryptocurrency Fund....
Diversified Crypto Fund Receives FINRA Regulatory Approval
15.10.2019
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which...
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
Bitcoin Trades Around $8300; Resistance may Come at $8435
14.10.2019
Bitcoin manages to stay above 8,250 USD, while trades around 8,300 USD in the last 24 hours. The next resistance may come by 8,435 USD. Bitcoin has been successful in maintaining its value around 8,250 USD over the last 24 hours, and the three price swings have given a range between 8,166 USD...
Bitcoin Price Indicates Relaxed Fall Since August
13.10.2019
Bitcoin (BTC) moves towards the support level Bitcoin price is seen dealing with the bears. The price movement in the currency is quite surprising as the month has experienced a heavy fall in BTC that took it to $7,800. The current price also indicates an intraday loss which is expected to stay....
IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings
12.10.2019
The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies...
Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra
12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...
TradeSanta and HitBTC’s Collaboration to Offer 0% Trading Fee Opportunity to Traders
12.10.2019
Serving as one of the leading cryptocurrency exchanges in the European market, HitBTC has broadcasted the news of its strategic partnership with TradeSanta, the cloud software solution that allows us to create and manage bots efficiently. As per the announcement, the highly anticipated...
Michael Novogratz: Bitcoin has “one Store of Value,” While Other Cryptos are for Use
12.10.2019
There’s a growing debate in the crypto industry between the supporters of Bitcoin and other altcoins, about the general value, legitimacy, and usage. While some argue that each coin has its own value, others think all cryptos except Bitcoin will fall down someday. However, giant investor and market...
Alipay Bans All Cryptocurrencies Transactions on Its Platform
12.10.2019
In a significant development that doesn’t bode well for the mass adoption of cryptocurrency, Alipay has decided to ban all the transactions involving Bitcoin and other cryptocurrencies. So that you know, Alipay is one of the subsidiaries of the Alibaba group, which is involved in the business...
BTC Surf Expands Its Exclusive Offer for Its Community
12.10.2019
If you have been in the world of cryptocurrencies for a long time, you should have experienced the evolution of the business models. In the initial phase, there were many business models linked to advertising. The already known “faucets” and the PTCs (Paid To Click) were a viable way...