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IRS Clarifies its Confusing ‘Airdrop’ Cryptocurrency Tax Policy


America’s top tax authority, the Internal Revenue Service (IRS), has somewhat provided clarification about its recent cryptocurrency tax guidelines. However, their final decision regarding taxing promotional airdrops is yet to be made. Critics pointed out a range of potential problems with...

'Altcoin Hype Has Largely Died Off' – Kraken CEO


Jesse Powell, CEO of major U.S. cryptocurrency exchange Kraken, believes that the hype surrounding altcoins in the Cryptoverse is at its dying breath. “Altcoin hype has largely died off,” said Powell in a recent interview with Ivan on Tech, a popular YouTuber. He explained his view by saying that...

Tron Prices Rise as CEO Justin Sun Admits He Invested in Poloniex


Justin Sun. Source: Twitter, @justinsuntron Tron (TRX) prices are up on the news that the company’s CEO Justin Sun is indeed an investor in the Poloniex exchange, which started accepting limit orders for TRX/BTC, TRX/USDT and TRX/USDC yesterday. Hour-by-hour Tron rates were still in the green...

Crypto Listing & Delisting Announcements: Week 45


Source: iStock/~UserGI15632523 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Market Sentiment Slightly Down; BTC and TRX Hold Their Spots


Looking at the 7-day moving average, the combined Sentscore for the top 10 coins by market capitalization dropped somewhat since last Monday, from 5.68/10 to 5.5, according to Omenics, a crypto market sentiment analysis service. Nonetheless, Bitcoin (BTC) and Tron (TRX) maintain their positions...

This is Why Smaller Networks Overtake NEO by Dapp Activity


Da Hongfei, Founder of Neo. Source: Twitter, @NEO_Blockchain NEO blockchain, regularly titled as “Chinese Ethereum,” appears to be underperforming in the realm of dapps (decentralized apps) - even smaller networks have more dapps and their users. However, it seems that NEO is currently not focusing...

XRP Price Among the Worst Performers Today


While Tezos (XTZ) became the best-performing coin among the top 100 by market capitalization yesterday, still being among the top five in that category, Ripple (XRP) found itself among the worst performing major coins today. Though the week was quite busy for Ripple, the recent news doesn't seem...

This is Why Dogecoin is Better than 'Altcoins-Degenerators'


Source: Instagram, dogecoin_official While large majority of the altcoins are being on a straight-down path, a coin that was made as a joke and seemingly has had no recent major development is proving store of value (SoV) properties. Popular crypto researcher and analyst Willy Woo posted both...

Ripple's Client Base Up 50%, c. 7% Use XRP for Cross-Border Liquidity


California-based blockchain startup focusing on payment technologies, Ripple, has seen its client base grow 50% this year, while some 7% use XRP for cross-border liquidity. “This year has been our strongest for Ripple yet,” Brad Garlinghouse, CEO of Ripple, said in a recent interview with a Forbes...

Tezos Price Rallies, Beats 99 Cryptos on Coinbase, OKEx News


On Thursday morning (UTC time), Tezos (XTZ) is the best-performing coin among the top 100 by market capitalization, surging on news from two major cryptocurrency exchanges. At pixel time (06:32 UTC), XTZ, ranked 19th by market capitalization, trades at c. USD 1.15 and is up by 27% in the past...

Ripple CEO Says There are Too Many Cryptos, but Bull is on the Horizon


Brad Garlinghouse. Source: a video screenshot, Bloomberg There are too many crypto assets, according the CEO of Ripple (XRP), a California-based blockchain startup focusing on payment technologies. And though volatility will continue, there are bullish trends visible for the entire crypto market...

Bitcoin Rising Steadily, Altcoins Gaining Bullish Momentum


After a downside correction, bitcoin price tested the USD 9,200 support area, where it found a solid buying interest. BTC/USD formed a support base above USD 9,200 and USD 9,250. As a result, the price is currently (09:00 UTC) recovering towards the USD 9,450 and USD 9,500 resistance levels. On...

Roger Ver Says Bitcoin Cash may be Worth 99,900% More 'Some Day'


Roger Ver. Roger Ver, the main proponent of Bitcoin Cash (BCH) says he is giving what one day he finds will be worth USD 5,000 in BCH – 99,900% more than its current worth. On November 4th, Ver came to his Facebook friends with a proposal. Wanting to spread the adoption of BCH, Ver says, he decided...

Stellar Price Jumps 20% after Foundation Burns Half of All Tokens


XLM prices are skyrocketing after a group named the Stellar Development Foundation (SDF) burned a whopping 55 billion tokens – effectively destroying over half of the Stellar Lumens tokens in existence. The SDF made its announcement in a blog post, leading to a 24-hour price surge of over 20%....

Crypto Listing & Delisting Announcements: Week 44


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

BitBay to Offer IEO Investing With Fiat + 10 More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Exchanges news Initial exchange offering (IEO) investors will be able to purchase digital tokens with crypto and euros, Polish...

Bitcoin and Altcoins Could Correct Further Before Higher


This past week, bitcoin price started a downside correction from well above the USD 9,500 support area. BTC/USD traded below the USD 9,200 support area, but it found bids near the USD 9,000 and USD 8,950 levels. The price is consolidating (09:00 UTC) above the USD 9,000 level, but there is a risk...

Stellar Price Rallies, XLM is Back in Top 10


Stellar’s XLM not only came back among the top 10 coins by market capitalization, but it made a grand entrance too, following a string of developments and announcements, among which a network update and a listing on an infamous exchange. Stellar pushed out Tron (TRX) from the 10th spot on the list...

US Edging Ahead of China and Europe in this Crypto Sector


While the United States might be losing ground to China in the blockchain technology race, and has slightly fewer players in the security token ecosystem than Europe, the world's largest economy still dominates in a several security token-related areas, per the findings of a...

Only 10 out of Top 50 Coins are in Green in 12 Months


With all the developments, ups and downs, crashes and rallies that the market has experienced over the course of the last year, it’s not surprising that there would be victims along the way. However, it’s interesting to notice that only 10 out of the top 50 coins by market capitalization are...

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