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Crypto Taxes a ‘Nightmare’ — Congress Hears the Latest on Blockchain for Small Business

March 4, 2020cashtechnews

A Protocol Labs General Council member bashed the current crypto tax scene at a recent congressional hearing on blockchain tech. In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing […]

The Whales Who Accumulated Bitcoin in 2018 are Hodling

March 4, 2020cashtechnews

Over 15% of existing Bitcoins have not moved in 12 to 18 months, showing that the whales who accumulated during the 2018 bear trend are hodling. More than 15% of the existing Bitcoin (BTC) supply has not moved in 12 to 18 months. This confirms that the second half of 2018 was an accumulation season, […]

Price Analysis Mar 4: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

March 4, 2020cashtechnews

Several cryptocurrencies are stuck in a range but if bulls can break above the range several buying opportunities will be open for traders. Grayscale Investments managing director Michael Sonnenschein said that “Bitcoin itself has solidified its role as a store of value or as a digital gold.” In his conversations with institutional investors, Sonnenschein explained […]

Bitmain Cofounder-Backed Crypto Startup Aims to Raise $140M in New Funding Roun

March 4, 2020cashtechnews

Bitmain cofounder-backed crypto firm Matrixport has announced a new funding round aiming to raise as much as $140 million. Bitmain cofounder-backed crypto trading platform Matrixport has announced a new funding round aiming to raise as much as $140 million at a post-investment valuation of $300 million. Singapore-based Matrixport revealed its fundraising plans to investors in […]

Bitcoin Halving Can Have Negative Short-Term Effect on BTC Price — Here’s Why

March 4, 2020cashtechnews

A theory has emerged that miners tend to sell before the halving to accumulate enough Bitcoin to finance their operations. The price of Bitcoin (BTC) has dropped right before and after the two previous block-reward halving events in 2012 and 2016. BTC is demonstrating a similar trend approaching the May 2020 halving. A theory has […]

Painting a Different Picture: How Digital Artists Use Blockchain

March 4, 2020cashtechnews

Why art needs blockchain. Following its inception, blockchain technology quickly found an application in the art sector, making art objects more accessible while changing methods and approaches to their creation and perception. This gave new opportunities for collectors, art galleries, museums, art brokers and artists. Brief introduction to the history of blockchain technology in the […]

Why Betting on Gold-Backed Stablecoins Is a Losing Game

March 4, 2020cashtechnews

The newest financial tech can be backed by one of the most ancient and important precious metals. Is it a step forward or a step back? Gold has been regarded as an eternal value since times immemorial. This shiny metal still acts as a store of value — especially in countries like India. Due to […]

Uphold’s New Debit Card Lets You Pay With Bitcoin, XRP and Gold

March 4, 2020cashtechnews

Digital payment platform Uphold has launched a debit card that lets users spend converted digital assets, cash and commodities. Digital payment platform Uphold has released a new debit card, allowing users to pay with converted crypto, commodities and cash. Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold […]

Canaan Used ‘Bogus’ Deal to Attract Investment, Argues Analyst

March 4, 2020cashtechnews

Analysts from Marcus Aurelius Value published a detailed report throwing shade on some of Canaan’s business practices, alleging that its business model is invalid. A report by Marcus Aurelius Value, an analysis organization, argues that the Nasdaq-listed ASIC manufacturer Canaan (NASDAQ: CAN) misrepresented its potential revenue for 2020. At least one of its clients is […]

Bitcoin Hitting $135K This Bull Cycle Is ‘Common Sense’ — Willy Woo

March 4, 2020cashtechnews

Speaking during an appearance on the Keiser Report, the renowned statistician delivered a fresh bullish forecast for Bitcoin price. Bitcoin (BTC) is heading to at least $100,000 during the bull cycle which has already begun, one of the industry’s best-known analysts has confirmed. Speaking to RT financial news show the Keiser Report on March 3, […]

Tag: bitcoin

Crypto Taxes a ‘Nightmare’ — Congress Hears the Latest on Blockchain for Small Business

The Whales Who Accumulated Bitcoin in 2018 are Hodling

Price Analysis Mar 4: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

Bitmain Cofounder-Backed Crypto Startup Aims to Raise $140M in New Funding Roun

Bitcoin Halving Can Have Negative Short-Term Effect on BTC Price — Here’s Why

Painting a Different Picture: How Digital Artists Use Blockchain

Why Betting on Gold-Backed Stablecoins Is a Losing Game

Uphold’s New Debit Card Lets You Pay With Bitcoin, XRP and Gold

Canaan Used ‘Bogus’ Deal to Attract Investment, Argues Analyst

Bitcoin Hitting $135K This Bull Cycle Is ‘Common Sense’ — Willy Woo

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