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TRON Gains for the 5th Day Straight; Spikes Above $0.0170


TRON 4.0 is set to release on July 7, 2020 and is known as Great Voyage. TRON 4.0 is aimed to retain all the benefits of decentralized Web Tron to augment the framework of a decentralized internet. TRON Protocol—the blockchain-based largest operating system offers scalability, high-availability...

Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020


The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday...

Ripple Partner SBI Gains UK Foothold after Agreeing USD 30m B2C2 Deal


Japanese financial giant SBI Holdings has agreed a deal to buy a USD 30 million minority stake in Britain-based crypto player B2C2. The latter also says it will “launch a full prime brokerage for both crypto and other asset classes,” per its founder. According to Reuters, SBI has agreed to the deal...

Bitcoin And Altcoins Trim Gains, But Dips Likely To Remain Supported


Yesterday, we saw a sharp increase in bitcoin price above the USD 9,550 resistance level. BTC traded close to USD 9,800 before starting a downside correction. The price traded below USD 9,600 and it might soon test the USD 9,500 region. Similarly, most major altcoins trimmed gains and...

Bitcoin Drops Below USD 10,000, Erases 24 Hour Gains in Minutes


After staying above USD 10,000 for around half a day, bitcoin (BTC) dropped below this important level once again, in 10 minutes erasing all its gains in the past 24 hours. At pixel time (15:07 UTC), BTC trades at USD 9,557 and is unchanged in a day. The price is still up by 8% in a week and 14%...

South Korean Gov’t May Introduce Capital Gains Tax on Crypto Earnings


The South Korean government could introduce capital gains tax on crypto earnings – and may unveil its proposals as early as next month. Per a report from Digital Today, the South Korean Ministry of Economy and Finance is seriously considering imposing the same sort of tax rules on crypto earnings...

South Korea to Start Taxing Bitcoin Profits in 2021


South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...

Eight Countries That Don’t Tax Your Bitcoin Gains


As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets...

Carl Menger: The Nature and Origin of Money


In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most...

Bitcoin Dives, Erasing All Weekly Gains, Altcoins Bleed Too


In a sudden move in early Sunday hours (UTC time), bitcoin (BTC) price crashed around 10%, leaving traders perplexed. In the top 10, all coins, except tezos (XTZ), are down in double-digits. At pixel time (04:50 UTC), BTC trades at c. USD 8,534 and is down by 13% in a day, erasing all weekly gains...

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