A week after Ripple claimed 2019 was its “strongest year,” its relationship to the badly underperforming XRP is back in the spotlight. A senior executive at blockchain payment network Ripple has publicly defended the company against fresh criticism of its associated cryptocurrency, XRP. In an ongoing Twitter debate, David Schwartz, Ripple’s chief technology officer, rebuffed […]
Continue Reading
Analysis of on-chain activity shows a “bullish reaccumulation,” says Willy Woo, as Bitcoin’s 200 week moving average stays positive. Bitcoin (BTC) never saw a bear market in 2019 — and the evidence is easy to find on the blockchain, according to some prominent figures. Data covering various metrics shows that despite recent price volatility, Bitcoin […]
Continue Reading
The top five performers of the past seven days are bouncing off their support levels, which indicates a pick up in demand. Swiss finance minister and outgoing president Ueli Maurer believes that one of the most ambitious crypto projects of 2019, Facebook’s Libra stablecoin, will not be accepted by regulators in its current form. Though […]
Continue Reading
The Galaxy Digital co-founder says the coming twelve months will prove bullish for Bitcoin, which has room to almost double its current levels. Bitcoin (BTC) will hit $12,000 in 2020 as markets recover from fresh suppression, one of its most outspoken investors has said. Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital, made the […]
Continue Reading
Euro-backed stablecoins could make a digital currency truly borderless and more global than ever before. We live in the days of next-generation digital money emergence. Ultimately, the world lacks a clean balance sheet and an asset that has significant appreciation potential to create more loans against it. Euro-backed stablecoins can help boost the crypto-lending sector […]
Continue Reading
Major South Korean crypto exchange BitHumb considers administrative litigation over $68.9 million tax bill. Major South Korean cryptocurrency exchange Bithumb is reportedly looking to undertake administrative litigation over an $68.9 million (80 billion won) tax bill. English-language local news outlet KoreaHerald reported on Dec. 29 that the local tax agency has handed down over 80 […]
Continue Reading
Famous gold bug Peter Schiff made another anti-Bitcoin claim, pointing out that it’s the only asset class that is not rallying by the end of 2019. Famous gold bug Peter Schiff made another anti-Bitcoin (BTC) claim, pointing out that it’s the only asset class that is not rallying by the end of 2019. As United […]
Continue Reading
Here are five bullish candlestick patterns that every crypto trader should know and learn to help take your Bitcoin and crypto trading skills to the next level. Trading Bitcoin (BTC), crypto and other assets can be intimidating for those new to the investing scene; and even veteran investors go through bouts of uncertainty where they […]
Continue Reading
Amid the constantly changing nature of crypto regulation, five countries had record-breaking success in processing digital assets in 2019. One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the […]
Continue Reading
2019 was a very busy year with crypto tax legislation — check out Cointelegrahp’s 2019 global overview. 2019 was, without a doubt, a milestone for crypto taxation. Countries around the world realized cryptocurrencies are here to stay and adjusted their crypto tax policies as a result. This year alone, several countries have been busy establishing […]
Continue Reading