A proposed capital gains tax cut could be good news for crypto traders in the U.S. A proposed tax cut by U.S. President Donald Trump could be a big win — or a relatively insignificant win — for the crypto industry if it is passed. In a news conference at the White House earlier this […]
Continue Reading
Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow? New data from glassnode and Etherscan show Ethereum’s hashrate has risen to a 20-month high and this has led some optimistic traders to suggest Ether price will continue to rise to new highs in 2020. The explosive increase in Ethereum’s hashrate appears […]
Continue Reading
Calvin Ayre, the most high profile supporter of Craig Wright, is funding a new documentary and book about the life of the Satoshi claimant. Bitcoin SV benefactor Calvin Ayre has announced he’s funding a documentary centered around the life and times of Craig Wright, the Australian man who claims to have invented Bitcoin. According to […]
Continue Reading
We look at the data from Google and DeFi protocols to uncover what’s behind the inexorable rise of LINK? Chainlink (LINK) has experienced a meteoric rise this year, becoming a top five crypto asset by market capitalization. We took a look at the data from the decentralized finance space (DeFi) as well as Google to […]
Continue Reading
International crypto exchange Bitfinex unexpectedly went offline for all users this afternoon, citing a ‘platform performance issue.’ Bitfinex has been offline for at least two hours as of this writing, and the exchange has no confirmed time when it will be up and running again. According to an Aug. 12 tweet posted by the exchange, […]
Continue Reading
Bitcoin recovered back above $11.5K, leading traders to suggest a renewed attack on $12K could occur soon. Today Bitcoin (BTC) price rebounded from its recent low at $11,125 on Aug 11 to $11,617. This suggests traders are turning optimistic as key data show a significant amount of liquidity for BTC until $12,000. Cryptocurrency daily market […]
Continue Reading
Yam Finance uncovered a bug the day after ShapeShift CEO Erik Voorhees called the project a scam. Yam finance (YAM), the latest fad in the crypto space, recently warned the public of a technical bug affecting the ecosystem. “We have found a bug in the rebasing contract,” the project said in an Aug. 12 tweet. “All […]
Continue Reading
Sounds like Cardano is already contributing to the gig economy. In a recent Cointelegraph interview, Aparna Jue, a product director at IOHK, the Cardano (ADA) development company, opined that even at the current stage of its development, the platform is much more than just a wallet. Cardano recently migrated from the Byron to the Shelly […]
Continue Reading
Peter Brandt didn’t mince his words when describing the controversial stablecoin. “Tether is an accident waiting to happen,” Brandt tweeted on Aug. 10, in response to a separate post looking at USDT’s market cap and the total crypto industry’s market cap in line with overall digital asset volume. “Tether is just another fiat currency,” he […]
Continue Reading
They thought they had it made, but the Malaysian authorities were one step ahead. Malaysian police arrested four cryptocurrency mining operators after discovering that they were stealing electricity from the state-owned power firm, Sarawak Energy Berhad, or SEB. According to Malay Mail, authorities spent two days cracking down on four shophouses, believed to be housing […]
Continue Reading