Coinbase Phases Out Earn.com, Doubles Down on Coinbase Earn
Coinbase shuts down its Earn.com crypto educational platform to focus on its in-house counterpart Coinbase Earn Go to Source Powered by WPeMatico
Month: December 2019
Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines … Read more
SEC Will Rule on Wilson Phoenix Bitcoin ETF Proposal By Feb. 2020
The SEC has said it will rule on the Bitcoin and T-Bills ETF proposal from Wilshire Phoenix Fund by late February 2020 Go to Source Powered by WPeMatico
‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays
Bitcoin’s rising dominance will ultimately “destroy” competitors including EOS and Cardano, says Tone Vays Go to Source Powered by WPeMatico
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed. Reactions to the announcement are varied, … Read more
Bitcoin Price Trend Reversal in Progress? Key $7.6K Level Unlocked
“Is $8K next?” is the question on everyone’s minds as Bitcoin bulls defended the weekly close by pushing the price above the $7.4K and $7.6K resistances Go to Source Powered by WPeMatico
Craig Wright Reveals Document Claiming Origin of Satoshi Nakamoto Name
Wright showed a document supposedly explaining the origins of the Satoshi Nakamoto pseudonym Go to Source Powered by WPeMatico
US Politicians to Vote on new Crypto Regulation in Early 2020
American politicians want to regulate cryptocurrencies. The sooner this voting can take place, the better.. A global regulatory framework for cryptocurrencies will not be easy to implement. More Crypto Regulation in the US Even so, US Congress expects big things from its Cryptocurrency Act of 2020. It will undergo a round of voting in the … Read more
Only 375 Days Left for McAfee’s $1M Bitcoin Price Wager
As the end of 2019 approaches, it means there will be one year left for John McAfee’s infamous wager that said the price per bitcoin would “reach $1,000,000 before the end of 2020.” If the forecast doesn’t come to fruition, he said that he would eat his family jewels on television. At the moment, the … Read more
Thailand to Trial Blockchain-based Travel Visas Soon
Not a day goes by without blockchain technology making some form of a headline. In Thailand, distributed ledgers will play a major role in its Electronic Visa on Arrival project Thailand has been experimenting with these virtual visas for some time now. Thailand Sees Merit in Blockchain The new system will be rolled out very soon. It … Read more