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Crisis Fears Rise as Global Debt Hits a Record $250 Trillion

18.11.2019
The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system....

Cryptoworld Votes BTC after Bank of America Axes Ex PayPal CFO Account

18.11.2019
Source: iStock/E_Y_E Always hungry for more proofs that Bitcoin (BTC) is better than traditional, centralized banking, the Cryptoverse just found more examples in the U.S. and Lebanon. First, the U.S.-headquartered banking giant Bank of America (BoA) froze the accounts of ex PayPal Chief...

Crypto Mixer Review: All You Should Know About Bitcoin Tumbler

18.11.2019
Disclaimer: The text below is a sponsored article. _________ It is easy to get carried away by the excitement of the crypto space thinking that your transactions are anonymous. In reality, they’re not despite the fact that Bitcoin was originally made to be used anonymously. These days with...

Chinese State Media Praises Bitcoin

18.11.2019
Disclaimer: The text below is a sponsored article. _________ This week, China’s state-controlled Xinhua News Agency has published a report that hails Bitcoin (BTC) as “the first successful application of blockchain technology. This news arrives just a week after Monfex covered the countries...

Bitcoin and Altcoins Hesitate But Further Losses Seem Likely

18.11.2019
This past week, bitcoin price followed a bearish path and traded below the USD 8,650 and USD 8,550 support levels. BTC/USD traded to a new monthly low and it is currently (09:00 UTC) consolidating losses above the USD 8,400 level. The technical formation is bearish, suggesting more losses towards...

Governments Viewing Crypto as a Threat Will Be Left Behind

18.11.2019
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative...

Number of Bitcoin ATMs Passes 6K Mark…But the Taxman Is Taking Note

18.11.2019
There are now more than 6,000 Bitcoin ATMs in the world – but as the devices become more widespread, it seems tax authorities are also starting to pay closer attention to the devices. Per data from monitoring site Coin ATM Radar, there are currently 6,003 Bitcoin ATMs in operation now – with...

Big South Korean Companies Continue Blockchain Spending Drive

18.11.2019
South Korea’s biggest businesses are continuing to dominate the nation’s blockchain industry. Per news outlet Maeil Kyungjae, the country’s Software Policy & Research Institute has revealed that seven out of South Korea’s top 10 largest companies have begun integrating blockchain technology...

IRS Dispels Crypto Tax Confusion

17.11.2019
The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help...

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