Some cryptocurrency exchange platforms are inflating their Bitcoin trading volumes to earn higher listing fees, but the market’s liquidity is still due to trading activity on tightly regulated exchanges. In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of […]
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Barclays and the Royal Bank of Scotland joined around 40 entities testing a platform based on R3’s Corda. Two major United Kingdom banks — Barclays and Royal Bank of Scotland (RBS) — have joined a trial using blockchain to streamline real estate purchasing after rethinking the technology’s potential, Bloomberg reported on April 4. The trial, […]
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Bitcoin analyst Tone Vays said that the recent cryptocurrency market surge may have no specific trigger. Bitcoin (BTC) analyst Tone Vays said that the recent cryptocurrency market surge may have no specific catalyst, and that lower prices could still be in the cards in an interview with Cointelegraph on April 2. Speaking about a possible […]
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The number of active Bitcoin wallets increased two weeks before the recent spike in cryptocurrency markets. The number of active Bitcoin (BTC) wallets increased in the two weeks leading up to the recent cryptocurrency surge, Bloomberg reported on April 3. Citing market intelligence firm Flipside Crypto’s analysis, Bloomberg reported that a high number of digital […]
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Hong Kong-based crypto reporter Eric Lam cites Brexit and a Bitcoin ETF joke as possible catalysts for the recent rally in crypto markets. Hong Kong-based crypto reporter Eric Lam believes nobody in the crypto industry has a good theory to explain the recent recovery of crypto markets. Lam shared his stance with Bloomberg on April […]
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Algorithmic trading funds might have triggered the recent market recovery, Bloomberg reports. The recent crypto market jump could be linked to algorithmic trading, Bloomberg writes on Wednesday, April 3. Algorithmic trading — a method that uses automated software to detect trends and determine when trades should be made — has been on the rise in […]
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Bitcoin is now hovering around $5,000, as the cryptocurrency markets are on their third day of gains. Wednesday, April 3 — Bitcoin (BTC) has tested the $5,000 mark for the first time since November 2018, as crypto markets are on the rise for the third day in a row. While some major cryptocurrencies are seeing […]
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Cryptocurrency markets continue their bullish trend from yesterday, with most major coins seeing solid gains today. Tuesday, April 2 — The leading cryptocurrency Bitcoin (BTC) is holding its gains following a rally last night, with other major cryptocurrency markets registering solid growth as well. Market visualization from Coin360 BTC is trading at around $4,904 at […]
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What are the United States tax reporting obligations for those who held, donated or sold/exchanged crypto. Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments saw these investments lose value from the market highs of 2017. Facing the deadline to report their taxes by […]
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Blockchain-based DApp platform Tron is supporting restrictions for gambling DApp development in the Japanese market. Blockchain-based decentralized application (DApp) platform Tron pushed to remove gambling DApps in the Japanese market to comply with local regulations, according to a press release published on March 31. Per the statement, the company intends to adhere to local laws […]
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