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Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...
Bitcoin Price Analysis – December 11, 2019: BTC Trades around $7,200
11.12.2019
Bitcoin is currently trading around $7,200, drawing a slow declining trading channel BTC seems to have been facing moderate volatility as compared to other altcoins in the market, as they trade stably The lowest in the said time frame is hit around $7,000, and in the past two days BTC has notably...
Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun
11.12.2019
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...
Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars
11.12.2019
Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price...
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...
Tezos Rally Fizzles After 100% Gain — Likely Top for XTZ/BTC Appears
10.12.2019
A possible top formation on the XTZ/BTC pair is hinting that the 100% rally could be running out of momentum
Bakkt Launches Bitcoin Options in US, Futures in Asia
10.12.2019
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures...
Bakkt launches regulated BTC options
10.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 10 December, 2019 “Who overcomes by force, hath overcome but half his foe.” - John Milton In today's newsletter, we will be covering: Nayuta claiming its Android Lightning wallet is the first with a […]
The post Bakkt launches...
China Releases Year-End Crypto Rankings
10.12.2019
China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China...
Bitcoin Technical Analysis: BTC Price Short Squeeze Alert
10.12.2019
Bitcoin price may reach $8500 before a final downward push to weekly 78.6% Fibonacci Level before the continuation of the uptrend. Bitcoin Price Analysis Weekly Bitcoin price against USD gives us some interesting insights such as follows: Weekly prices are tightly following the Flag pattern...
Bitcoin Mining Operations Offer New Strategies Before Reward Reduction
10.12.2019
As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining....
23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC
9.12.2019
In 23 days, the infamous self-proclaimed Bitcoin inventor Craig Wright will allegedly receive 1,100,111 BTC from a trust purportedly held in Seychelles. In fact, many Wright supporters and BSV proponents wholeheartedly believe Wright will “gain complete ownership of the trust,” and to...
Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ
9.12.2019
A handful of altcoins could offer lucrative buying opportunities if Bitcoin continues to lead the market higher
IRS Now Requires Tax Filers to Disclose Crypto Activities
9.12.2019
The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning...
Bakkt Launches 1st Regulated BTC Options as CEO Enters US Senate
9.12.2019
ICE’s digital asset arm Bakkt launches the first regulated Bitcoin options and cash-settled futures
Bitcoin (BTC) Trades Stably; Lightens the Selling Pressure
9.12.2019
Bitcoin moves beyond the ‘strong selling pressure’ that it withhold since quite some time now BTC’s current trading price gains support from the short-term Moving Averages BTC holds the major support around $7,300 and $7,250, while the major resistance $7,650 price area Bitcoin has been trading...
Why Is It Better to Trade Bitcoin with CFDs?
9.12.2019
Although the adoption of cryptocurrencies has increased significantly in recent years, digital currencies are still far from replacing our fiat currencies. Yet, no one can deny that cryptocurrencies have proven the usefulness of blockchain technology and Distributed Ledger Technology (DLT). Thanks...
Weiss Ratings Downgrades EOS to ‘C-‘ Due to Centralization – How Other Coins Measure Up
9.12.2019
Weiss Ratings has downgraded EOS once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion....
Will the US Let China Beat Them in the Bitcoin and Blockchain Space?
9.12.2019
The world has seen several rivalries between nations. Be it between France and Germany, India and Pakistan, North Korea and South Korea, the UK and Ireland, and the United States and Russia, history has shown us some fierce struggles for power. Thankfully, times have changed, and physical wars...
Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards
8.12.2019
There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash...