Market Update: Despite Uncertainty, BTC Longs Skyrocket


Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...

Twitter Aims To Set New Bluesky For Decentralized Social Media


Jack Dorsey. Source: a video screenshot, Youtube/Ted Twitter has just launched a new project, bluesky, aimed at developing a "decentralized standard for social media." "Twitter is funding a small independent team of up to five open source architects, engineers, and designers to develop an open...

Hedge Fund Chief ‘Concerned’ by Growing Bitcoin Stock-to-Flow Hype


The CEO of Singaporean hedge fund Three Arrows Capital has warned that stock-to-flow-based predictions about rising Bitcoin (BTC) value in 2020 could be wide of the mark – and has claimed that investors pinning their hopes on mining reward halving and stock-to-flow movements could end up...

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners


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


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...

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