Archiv für Januar 2020
Over 75% of Bitcoin in Circulation Are in Profit
Latest figures show that over three quarters of all existing bitcoin (76.05%) are in profit, meaning that the value is currently higher than last time it was moved. While this ratio fluctuates, historically it has remained above 50% for almost the entire history of Bitcoin. HODLing Bitcoin Pays Off As may be expected, there is…
WeiterlesenBitcoin Cash Receives European Bank Custody Support
Bitcoin Cash will be available for purchase through Liechtenstein’s Bank Frick. The small bank, which has opened its services to supply leading crypto coins, will also offer BCH custody for clients. Bank Frick Offers Fiat Options to Buy Bitcoin Cash Bank Frick has finally added Bitcoin Cash to its list of supported crypto tokens, including…
WeiterlesenOmiseGo-Backed Exchange Shuts Down
Go, the exchange powered by OmiseGo technology, has closed after months of negligible volumes and regulatory difficulties. Go Exchange Closes on Low Activity, Stricter than Expected Regulations The Go Exchange, attempting to use innovation based on the OmiseGo protocol, has met the challenge of low volumes, as well as a harsh regulatory climate. Despite having…
WeiterlesenCrypto Tax in 2020: A Comprehensive Guide
Paying crypto taxes is becoming increasingly difficult in 2020, as government tax authorities around the world continue to change their minds on how digital assets should be handled. To make things easier, we’ve put together a comprehensive guide to bring you up to speed on the latest changes. Crypto-assets have entered the mainstream in the…
WeiterlesenIBM Announces New CEO, is This Good For Blockchain?
IBM CEO, Ginni Rometty, is stepping down after 8 years of service, being replaced by executive Arvind Krishna. Rometty has been a great supporter of the distributed ledger technology (DLT), but Krishna might take the company’s blockchain projects to another level. Krishna Has Played Important Role in Blockchain Development Blockchain has become one of IBM’s…
WeiterlesenBitcoin Bull Market Depends on This Critical Factor
Bitcoin is currently looking promising to break back towards five figures, however, one key factor still needs to happen before traders can be confident that the leading cryptocurrency has turned bullish. January Likely To Be Bitcoin’s Best Month Since June Should Bitcoin avoid a major price correction over the next 24 hours it will have…
WeiterlesenXRP Developer Shuts Down Second Project in One Month
XRP developer Wietse Wind of the now defunct XRPTipbot and sms.xrptext.com, has announced that he will shuttering the XRPtext project by the end of next month. The developer cited concerns over regulation and also said he was moving on to starting a business, as reasons for abandoning the project. Ripple apps haven’t fared too well…
WeiterlesenEthereum Bulls Eye $180 But Bottom Still Not Confirmed
Ethereum (ETH) may be ready for a new rally, though establishing a bottom may only be known in hindsight. ETH prices against BTC pairing look worrying as the asset continues to break to new range lows. ETH Starts Showing Upside Potential ETH has recovered slightly from the downward selling pressure over in the past three…
WeiterlesenUS Law Firms Compete for Consolidated $1 Trillion Bitfinex Lawsuit
Four lawsuits against Bitfinex have been consolidated into one case, with plaintiffs now seeking legal counsel for their complaints. The total claims against Bitfinex are still above $1 trillion. Lawsuit Against Bitfinex Seeks the Best Legal Counsel Bitfinex, the exchange operated by the iFinex company and affiliated with Tether, Inc., has been accused of deliberately…
WeiterlesenCambodia to Launch Digital Currency with Support of 11 Banks
Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a…
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