Bitcoin price is becoming bearish on shorter timeframes as global markets are still pricing the coronavirus pandemic and government stimuli. The price of Bitcoin (BTC) has shown a strong surge in the past weeks, as the price rallied from $3,750 to $6,900. However, the crucial $6,900 level wasn’t broken to the upside and confirmed as […]
Continue ReadingWith zero taxes for crypto traders and miners, Portugal could become a Bitcoin tax haven. Cointelegraph takes a deeper look at crypto tax regulation in the country. Existing outside of the realm of traditional finance and with no central point of authority, digital assets have posed several challenges to governments worldwide. Many nations have struggled […]
Continue ReadingThe World Health Organization has launched a blockchain-based platform for global information and tracking of the COVID-19 pandemic. The World Health Organization (WHO) has partnered on March 28 with major blockchain and tech companies to launch a distributed ledger technology (DLT)-based platform for sharing data concerning the coronavirus pandemic. The platform, MiPasa, is built on […]
Continue ReadingThe traditionally Bitcoin-averse Trump accidentally painted a rosy picture of sound money after endorsing meddling in the dollar supply. Bitcoin (BTC) gained ironic support from United States President Donald Trump on March 27 after he appeared to say he supported manipulating the dollar. In a press conference quoted by various Twitter commentators, including Blockstream CSO, […]
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KuCoin’s derivatives arm, KuMEX, starts accepting Tether deposits for Bitcoin perpetual contracts on March 30. As the volume of Bitcoin (BTC) derivatives trading continues to rise, the cryptocurrency industry keeps tapping more crypto markets, like stablecoin Tether (USDT), for futures trading. KuMEX, a derivatives arm of IDG-backed crypto exchange, KuCoin, is planning to roll out […]
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What weaknesses did the Black Thursday and high market volatility reveal for the decentralized finance industry? On March 12, United States President Donald Trump gave a 10-minute speech on COVID-19 that, coupled with the World Health Organization’s official declaration the day before that the outbreak was now a pandemic, sparked panic across global markets. Investors […]
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Peter Vessenes talks crypto regulation, exciting blockchain technology and what can take crypto to the next level on Cointelegraph China’s Focus talk show. Welcome back to Cointelegraph China’s Focus talk show. This time around, Peter Vessenes is under the spotlight. He is the founder of CoinLab, the first venture-backed Bitcoin company. He also co-founded the […]
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Bitcoin ended its lengthy consolidation in the $6.4K-$6.8K range with a swift drop to $6,068, with the weekly and monthly close approaching traders will be keeping a close eye on the price. After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time […]
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The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go. Among industry participants and investors, India is emerging as a market to watch for following the overturn of a crypto ban that was placed by the Reserve Bank of India back […]
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Diversified holding company DPW Holdings suspends its crypto mining business Digital Farms about 2 months before Bitcoin halving. Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures. Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, […]
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