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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...
While Markets Move Sideways, Crypto Whale Sightings Increase
7.12.2019
While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder...
ILCoin Launches With 5GB Blocks
4.12.2019
ILCoin Blockchain Project set a new record for stable block size - when it successfully released a 5Gb block. This achievement became possible after the project introduced RIFT protocol, which allows to increase the block size and keep high transaction speed. With these qualities, RIFT effectively...
Noxopharm Announces AU$2.4M Increase to Its Existing Funding Agreement
3.12.2019
Australian clinical-stage drug development company Noxopharm announced that it has managed to secure an increase in funding from two of its existing New York-based institutional investors, Lind Global Macro Fund LP and CST Investment Funds. According to the terms of the new agreement, the company...
Bancor’s Liquidity Token Airdrop Will Achieve a 500% Increase in DeFi Users
2.12.2019
The decentralized liquidity network Bancor has announced its forthcoming airdrop starting at the onset of the New Year. The Company claims that the airdrop will increase the number of DeFi users to more than 500%. As the sector of decentralized finance has been fascinating to a majority of people...
Bancor Claims Liquidity Token Airdrop Will Increase DeFi Users by 500%
27.11.2019
Bancor announced its upcoming airdrop, which will start on New Year’s Eve and aims to increase DEX liquidity
Bitcoin and Altcoins In Corrective Increase But Downtrend Intact
20.11.2019
In the past few sessions, there was a downside extension in bitcoin price below the USD 8,250 and USD 8,050 support levels. BTC/USD even tested the USD 8,000 handle and it is currently (09:00 UTC) correcting higher. However, there are many resistances on the upside near USD 8,250 and...
Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike
15.11.2019
Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...
Instant Crypto Exchange Changelly Secures Access to SLP Tokens
14.11.2019
Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal...
Argo Blockchain Intends to Increase the Number of Crypto Mining Machines
12.11.2019
The cryptocurrency mining company, Argo blockchain is preparing to raise its production base with the inclusion of over 7000 new crypto mining machines by the mid of next year. Their production capacity will almost treble within the next five months as a result of this business development. The...
Generation QE: How Central Banks Create Money From Thin Air
11.11.2019
This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time...
Crypto-Based Commerce Spikes 65% in 7 Months
9.11.2019
Commerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase of volume in the first half of the year. The positive change coincided with the remarkable market recovery that followed last year’s...
Zilliqa Gives $5 Million Donation Fund to Oxford Organization With a View to Increase Gender Diversity in Blockchain Niche
1.11.2019
Singapore-based blockchain firm, Zilliqa, has made an announcement concerning its donation of 5 million USD to the Oxford Women in Computer Science Society. The crucial group lends necessary support to the women who belong to the computer science arena. With the flowing funds from Zilliqa,...
Bitcoin and Altcoins In Corrective Increase With Downtrend Intact
25.10.2019
Yesterday, bitcoin price declined heavily below the USD 7,850 and USD 7,650 support levels. BTC/USD even settled below USD 7,550 and tested the USD 7,300 area. The price is currently (08:00 UTC) correcting higher, but it is likely to face a strong resistance near the USD 7,500 and USD 7,620...
Bitcoin Price, Altcoins Could Attempt Fresh Increase
22.10.2019
Recently, bitcoin price managed to recover above the USD 8,000 and USD 8,100 levels. BTC/USD even climbed above the USD 8,200 resistance area, but it seems like the bulls are struggling to gain momentum above the USD 8,250 and USD 8,300 levels. Similarly, ethereum, EOS, bitcoin cash, litecoin...
Bitcoin and Altcoins Start Corrective Increase But Upsides Limited
21.10.2019
This past week, bitcoin price remained in a downtrend and broke a few important supports such as USD 8,250, USD 8,200 and USD 8,000. However, the USD 7,850 area acted as a strong support. As a result, the price started an upward move above the USD 8,000 resistance. It gained more than 5% in...
CME Bitcoin Futures Sees Institutional Interest and Demand from Asia
18.10.2019
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...
Bitcoin and Altcoins in Corrective Increase Towards Hurdles
17.10.2019
In the past few hours (08:00 UTC), there was a downside extension in bitcoin price below the USD 8,000 support area. BTC/USD traded close to USD 7,900 and it is currently correcting higher. However, there are many resistances on the upside near USD 8,200 and USD 8,250. Similarly, ethereum,...
The Fed Plans to Inject $60 Billion per Month Into the Economy
15.10.2019
On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...
Bitcoin Trades Flat Even As Fed Signals Inflation-Boosting Balance Increase
9.10.2019
The Fed Reserve's decision to expand its balance sheet is seen as a long-term positive for bitcoin, but prices are yet to feel any effect