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Bitcoin News Roundup for July 30, 2020


With the price of bitcoin hovering near recent highs and some wondering whether we're poised for a pullback, CoinDesk's Markets Daily is back for your latest news roundup

Bitcoin News Roundup for July 29, 2020


With the battle for CBDC dominance in the East heating up and smart contract use skyrocketing as Ethereum turns five, CoinDesk's Markets Daily is back with another news roundup

Multiplier Incentivises Yield Farmers with MXX Tokens


Bitcoin Press Release: Multiplier platform will officially launch the minting of MXX tokens on its platform on the 29th of July, 2020. 27th July, 2020, Switzerland – MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield....

Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard


The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market...

New Russian Law Bans Bitcoin Payments for Goods and Services


Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law


South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...

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