Longfin Hopped on the Blockchain Hype Bandwagon and Will Soon Get Delisted

TheMerkle Longfin Blockchain HypeIt has become apparent that virtually every publicly traded company wants to get involved in blockchain technology. Doing so seems to give company share prices a healthy boost, although not all of these decisions work out well in the end. In the case of Longfin, its stock price is plummeting, and it will be removed from the Russell 2000 and 3000 indices very soon. Longfin Takes a Gamble and Loses Truth be told, various companies have tried to make their blockchain plans public as a way to artificially increase their stock prices. For some companies, the decision has worked out, whereas others are struggling

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Stellar Price is Gaining Quickly but Bears Remain in Control

While it is quite positive to see a lot of green on the cryptocurrency charts right now, it remains to be seen how long the momentum will last.  Judging by the current Stellar price, things may effectively improve over the weekend. Then again, the day is not over just yet, as new bearish momentum is forming already. The Stellar Price Notes a Large Gain As is always the case in the world of cryptocurrency, any positive price momentum will usually be followed by more bearish pressure. Whether or not this weekend and upcoming week will prove to be different, remains

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Russians Owe 13% Tax on Their Crypto Incomes

Russians Owe 13% Tax on Their Crypto IncomesRussian citizens are expected to pay 13 percent tax on their crypto-related incomes. Amendments to the tax code are currently being prepared. The exact rates should be confirmed by the end of the year. However, lawyers have warned that even now citizens risk criminal prosecution if they fail to report gains from dealings with cryptocurrencies. […]

The post Russians Owe 13% Tax on Their Crypto Incomes appeared first on Bitcoin News.

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Next Brave Browser Update Enables Support for Popular Chrome Extensions

TheMerkle_Brave BrowserThe Brave browser has been a great tool to put cryptocurrency on the map. By removing annoying ads from the browsing experience, the software solution is certainly impressive. It seems Brave will soon become more compatible with existing Chrome extensions, although not all of them will be supported right away. A Massive Brave Update is Coming It has become evident there is a growing need for different browser experiences. As of right now, browsing the internet involves viewing a lot of advertisements, pop-ups, pop-unders, and so forth. For the average user, it is almost an assault on the eyeballs, and things

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Turkish Imams Fired for Violating Fatwa Against Bitcoin Trading

TheMerkle Turkish Imams Bitcoin FatwaWhen dealing with Bitcoin and other cryptocurrencies, it is important to keep religious rules in mind at all times. Two Turkish imams found that out the hard way, as they have been fired over their Bitcoin activity. It’s a very strange turn of events, although it isn’t entirely surprising. The Fatwa Against Bitcoin Trading For those who are unaware, using, buying, and trading Bitcoin is perfectly legal in Turkey as of right now. There is no official law against this type of activity, yet that doesn’t mean there won’t be repercussions for getting involved in cryptocurrency. This is especially true when you are

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Crypto Still Tax Free in Korea but Regulators Have Set Timeframe for Taxation

Cryptocurrency transactions are still tax-free in South Korea due to a lack of tax regulations. As the law stands, citizens are able to profit millions of won from cryptocurrencies without being required to pay taxes on them. However, the regulators have set a tentative timeframe for the introduction of the crypto tax law. Also read: Japan’s […]

The post Crypto Still Tax Free in Korea but Regulators Have Set Timeframe for Taxation appeared first on Bitcoin News.

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Self-Regulation May Help Legitimize the ICO Industry

While the ICO industry is seemingly firing on all cylinders, the risks have not diminished by any means. In fact, it seems this situation has only become worse over time. With the mounting number of scams and defunct projects, it is evident something will need to change in the very near future. ICOs Need to Rethink a few Things No one will deny that the ICO industry is very alluring. Dozens of innovative projects are launching every single week, although it remains to be seen whether or not these projects can succeed in the long run. As such, the risks for

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