After a slump earlier this week, the Bitcoin price has again crossed the $10,000 mark in this recent rally. The Bitcoin (BTC) price has rallied over the past few days and has again crossed the $10,000 threshold. Bitcoin 7-day chart. Source: Coin360 On Aug. 28, Bitcoin dropped $600 in the course of a half-hour, sinking […]
Continue Reading
Cryptocurrencies could solve some of the internet’s biggest challenges, according to Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz. Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz, said that cryptocurrencies could solve some of the internet’s biggest challenges. According to a report by The Wall Street Journal on Sept. 1, Andreessen made his […]
Continue Reading
The president of Sierra Leone said that the government is planning to introduce a blockchain-based ID system by the end of 2019. The government of Sierra Leone plans to fully adopt a blockchain-enabled national identity system by the end of 2019. United Nations involved President of Sierra Leone Julius Maada Bio reportedly revealed the news, […]
Continue Reading
Stablecoins have exploded in popularity in 2019 — but there are plenty of challenges that lie ahead for this type of cryptocurrency in the future. What will 2020 hold for stablecoins? Big launches and some further regulatory drama are increasingly likely. Keep an eye on Facebook and Walmart to see how their projects progress, and […]
Continue Reading
Binance launches two Binance Futures testnet platforms, inviting users to participate in trading and voting promotions. Binance has launched two Binance Futures Testnet Platforms, inviting users to participate in a 10,000 Binance Coin (BNB) futures trading competition. Two promotions during testing The major crypto exchange has launched two futures trading platforms named Futures A and […]
Continue Reading
Craig Wright asked for a 14-day extension to challenge an order requiring him to pay 500,000 Bitcoins to the Kleiman estate. Self-proclaimed creator of Bitcoin (BTC) Craig Wright wants to challenge a recent court order requiring him to pay 500,000 Bitcoins to the Kleiman estate. Reinhardt did not have power to enter the order, Wright […]
Continue Reading
“Willful” vs. “non-willful” tax flubs with crypto transactions have huge consequences with the IRS. Willful and non-willful tax flubs are different. Taxes are complex, and innocent tax mistakes can often be forgiven — maybe with no penalty. Even if there is a penalty, non-willful is vastly lower than willful. In a criminal tax case, this […]
Continue Reading
Several tries at cracking five figures met with rejection on Monday for Bitcoin price, as the previous support formed a new ceiling. Bitcoin (BTC) price was fighting resistance close to $10,000 on Sept. 2 as fresh energy appeared to flow into markets. Market visualization. Source: Coin360 Bitcoin price attempts to crack $10K barrier Data from […]
Continue Reading
Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. In a tweet posted on Sept. 1, Rager claimed: “Looks like you’re still buying 5,000 to 6,000 followers per […]
Continue Reading
European Central Bank key legal official Yves Mersch said that Facebook’s Libra stablecoin is “beguiling but treacherous.” Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday. Bloomberg reported on Mersch’s remarks in an article published […]
Continue Reading