Data indicates that someone was propping up Bitcoin Cash at a loss prior to the halving. Since it was first launched back in August 2017, Bitcoin Cash (BCH) has failed to make an impact in terms of metrics like price and trading volume. Having said that, the altcoin, whose roots can be found in the […]
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Bitcoin price is holding below $10,000 after the halving as the bullish and bearish scenarios are starting to take shape. The halving is over, which means that the hype and FOMO around the halving are slowly fainting away. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, rallied towards $10,000 pre-halving, but also […]
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ErisX rolls out CFTC-regulated, physically-settled ETH futures contracts to U.S. traders, but positive spot price action is not a certainty. Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, […]
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There is no denying that you should be paying taxes on your income from crypto, but how can you ensure that you are not paying more taxes than you owe? Many crypto holders are reporting their crypto transactions for the first time as a result of the United States Internal Revenue Service’s question about “virtual […]
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Spencer Dinwiddie has launched a crowdfunding campaign in a bid to sell his NBA contract to his fans for the cash equivalent of 2,625.8 BTC. The latest development in pro basketballer Spencer Dinwiddie’s efforts to tokenize his NBA contract has seen the star launch a Gofundme campaign in an attempt to raise the cash equivalent […]
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In a Twitter discussion with J.K. Rowling, Elon Musk revealed holding 0.25 BTC after claiming to be selling nearly every physical possession earlier this month. Elon Musk appears to have revealed his Bitcoin (BTC) holdings while participating in the crypto community’s efforts to educate J.K. Rowling, the author of Harry Potter, about Bitcoin. In response […]
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A new project from Accenture and Fujitsu aims to solve DLT interoperability and joins the Hyperledger Greenhouse. While interoperability continues to pose serious challenges for enterprises leveraging blockchain networks, companies may be one step closer to breaking down these barriers. An open-source project initiated by Fortune 500 company Accenture and Fujitsu joined Hyperledger’s Greenhouse on […]
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Qiwi co-founder Sergey Solonin has confirmed that he is taking the option to reissue his $17 million investment in Telegram’s TON as a loan, repayable at 110% next April, over an immediate 72% refund. Sergey Solonin, co-founder of the Qiwi group, and TON investor to the tune of $17 million has decided to reissue his […]
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The latest revolt against the controversial BitPay appears to result in open-source competitor BTCPay getting its business. Cryptocurrency payment processor BitPay has lost a major customer before it even began accepting any payments after a social media backlash. In a Twitter debate on May 15, computer manufacturer Pine64 said that it had planned to use […]
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Despite a correlation between crypto hedge funds and traditional public markets, crypto assets have more benefits in a time of crisis. The first thing to note is that despite the safe-haven characterization of crypto, the asset class itself in March appeared to be closely correlated with traditional public markets. Additionally, there were some notable crypto […]
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