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Why US BTC ETFs Matter if ‘No One Cares’ About European ETNs and ETPs


As a new round of decisions by the U.S. Securities and Exchange Commission (SEC) on bitcoin-backed exchange traded funds (ETFs) is expected in the coming months, questions are now being asked on why it even matters. In an interview on Bloomberg TV on Wednesday with Hunter Horsley, CEO of Bitwise...

Bitcoin As a Safe Haven Case Still Lacks Proof


As the global markets went down, discussion have been lead about bitcoin (BTC) as a safe haven – with many not believing it to be so. As bitcoin climbed while stocks were falling, some in cryptoverse argued it was acting like a safe haven in a manner similar to gold, while others denied that...

What to Do if You Just Got a Crypto Tax Letter from the IRS


Have you just woken up to find a letter from America’s top tax authority, the Internal Revenue Service (IRS) in your mailbox, asking you to pay tax on your crypto earnings… and come to the sad realization that you’re not having a nightmare? Scores of American cryptocurrency traders have received...

Bitcoin Price Analysis: BTC’s Mayday Forced Coin Below $10,000


Bitcoin falls below 10,000 USD price level with a cut above 5% overnight. The BTC’s next halt may happen at 9,700 USD. Bitcoin (BTC) has finally demolished all expectations of a price recovery anytime soon by falling below 10,000 USD. It is currently being traded near 9971 USD. With three major...

Bitcoin and Altcoins Breakdown Could Trigger Additional Losses


This week, we saw a steady decline in bitcoin price below the USD 11,200 and USD 11,000 support levels. Yesterday, we discussed the chances of bearish continuation below the USD 10,500 support area. BTC/USD did move down and fell significantly below the USD 10,000 support. Also, altcoins failed...

Central Banks Worldwide Testing Their Own Digital Currencies


Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....

Bitcoin Dives Below USD 10K Again, Crypto Market is Down 8%


Source: iStock/hocus-focus As the sell-off in the crypto market is continuing this week, the most popular cryptocurrency, bitcoin, just took one step lower and now trades below USD 10,000, or the level last seen on July 31. Among the top 100 coins only a few are in green. At pixel time (05:00 UTC)...

Alcor Life Extension Foundation Now Accepts Bitcoin Cash Donations


Alcor Life Extension Foundation has revealed the company is accepting bitcoin cash (BCH) donations. Alcor was convinced by Bitcoin.com’s executive chairman Roger Ver to add BCH acceptance, the same person who convinced Alcor to accept BTC payments via Bitpay back in 2014. The nonprofit...

Seed SEF Starts Testing of Its Physically Settled BTC Swaps


Seed SEF (Swap Execution Facility) has begun the UAT (User Acceptance Testing) of its physically settled Bitcoin derivatives, as announced by the firm on 13th August 2019. The testing will continue until early August. The company’s UAT environment is now open for clients to commence trading...

Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money


Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same...

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