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UK’s Tax Authority Requests User Data From Crypto Exchanges: Report
6.8.2019
UK tax service has reportedly requested that crypto exchanges provide it with user info to track down tax evasion
More Cities and Regions Accepting Coins for Taxes, Services
6.8.2019
Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and...
Bitcoin Price Analysis: Can We Expect another June-Like Price Rally of Bitcoin (BTC) in August?
6.8.2019
Bitcoin (BTC) has travelled all the way from 3500 USD to 13,800 USD in these 8 months of 2019. The target price of 15,000 USD needs another price rally soon. Bitcoin, the king of all coins, has made a roller coaster ride this year until now. Right after the crypto winter, Bitcoin was being traded...
Mainstream Media Hails Bitcoin as Safe Haven Amidst Market Turmoil
6.8.2019
While global financial markets are in the midst of a massive turmoil, with the U.S. S&P 500 stock market index selling off more than 3%, even the mainstream media are starting to pay attention to potential bitcoin’s safe-haven properties.
Several major media outlets, ranging from Bloomberg to CNBC...
Bitcoin Price Analysis: BTC Price Bulls Hustle to Reclaim $12k
6.8.2019
BTC breaks below $12k, stronger rebound expected Bitcoin sees support near $11600, price recovers above $11700 The coin remains in buy phase despite the recent price fall Bitcoin has been continuing its bullish trend against U.S.Dollar since yesterday, however, today’s price move by BTC was...
Over 50% of Morgan Creek Founder Anthony Pompliano’s Net Worth Is In BTC
6.8.2019
Morgan Creek's Antony Pompliano says that over half of his net worth is in Bitcoin, Kevin O'Leary disapproves heartily
BlockFi Raises Over $18M in a Round Led by PayPal Co-Founders’ VC Firm
6.8.2019
Crypto lender BlockFi secures $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture
Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A
6.8.2019
Winklevoss Capital, Galaxy Digital, and ConsenSys funded the crypto lender's latest round
Bitcoin Vs. Ripple: When Bitcoin (BTC) Is Surging, Ripple (XRP) Seems To Have A Contradicting Move
6.8.2019
Ripple is yet to start growing against the gradual hike of Bitcoin. Both the coins are expected to have a price rally before the year’s end, which will result in a bullish outlook. Ripple, as the third-largest coin of the current times, is taking more than usual time to bounce back of the setbacks...
A New Market Metric Tries to Find the Best Time to Buy Bitcoin
6.8.2019
Following up on our previous overview of what three bitcoin market metrics showed last week, let’s take a look at a brand new indicator developed by the popular bitcoin analyst Willy Woo; the Bitcoin Difficulty Ribbon.
“The ribbon consists of simple moving averages on mining difficulty so we...
Bitcoin Price Analysis: BTC Goes All Bullish; Jumps Above $12k
6.8.2019
Bitcoin has been sustaining its bullish price momentum since yesterday morning; recently topped $12k BTC price seems to have decent support near $11,650 and $11545, traces a bullish trendline there The coin has recently corrected up from $11573.33, trades above $12100 while crossing major...
Bitcoin Price Flash Crashes by $700 in Minutes Back Below $12K
6.8.2019
Bitcoin breaks the $11,800 mark again as most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time
Man Takes Bitcoin Miner Seller to Tribunal Over Electricity Bill and Wins
6.8.2019
A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills
Israeli BTC Investors Can’t Pay Taxes as Banks Refuse Deposit
6.8.2019
Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading
US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela
6.8.2019
In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
These 3 Macroeconomic Factors Are Driving Bitcoin Price Above $12,000
6.8.2019
Bitcoin is demonstrably feeding off current global uncertainty
Scam IRS Letters Trying to Trick Cryptocurrency Users to Pay Up
6.8.2019
Scam letters purporting to be from the United States Internal Revenue Service are trying con cryptocurrency taxpayers and others out of their funds
LTC Mining Rewards Have Been Halved; Next Halving will be done in 2023
6.8.2019
After reaching the block height of, 680,000 at 10:16 UTC on 5th August, Litecoin (LTC), has halved its crypto rewards. This is a landmark point for the LTC miners given the structural design of the crypto has a pattern to reduce its mining rewards to half in almost every four years. Therefore...
Bitcoin Rallies Past USD 12,000, Altcoins Gaining Momentum
6.8.2019
Yesterday, we saw the start of a strong rise in bitcoin price above the USD 11,200 and USD 11,500 resistance levels. Later, there was a downside correction, but dips remained supported in BTC/USD near USD 11,400. As a result, the price resumed its upward move today and climbed more than 5% above...