Top 5 Cryptos This Week (Feb 23): XTZ, HEDG, ATOM, MKR, LTC
Overbought conditions mean a few top performers of this week may enter a corrective phase or continue to consolidate as traders consider booking profits Go to Source Powered by WPeMatico
Month: February 2020
Crypto Appears on The Simpsons Where Jim Parsons Explains it’s ‘Cash of the Future’
“The Simpsons” explains how cryptocurrency and blockchain work and predicts it as the future cash Go to Source Powered by WPeMatico
Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive … Read more
JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away
JP Morgan suggests that blockchain laid the foundations for digital money, but the role of cryptocurrencies is still limited Go to Source Powered by WPeMatico
Bitcoin Price Grapples With $10K — 2 Scenarios for The Week Ahead
Bitcoin price reeling from the recent drop below $10K but bullish signs remain Go to Source Powered by WPeMatico
Former CFTC Chair Giancarlo Says Fed Should Create a Digital Dollar
Former CFTC Chair says time for Federal to create digital dollar and Bitcoin should co-exit along with it Go to Source Powered by WPeMatico
No Backdoor on Human Rights: Why Encryption Cannot Be Compromised
In April 2019, the UK issued an Online Harms White Paper to announce its campaign to rein in “harmful speech” on social media sites such as Facebook and TikTok. The public consultation period has ended and a full consultation response is expected in Spring 2020. (Initial Consultation Response here.) Legislation to criminalize freedom of speech … Read more
Sectors Realizing the Full Potential of DeFi Protocols In 2020
DeFi, a monetary system built on blockchain, is booming right now. With over $1 billion locked in DeFi applications, here are some sectors that are poised for success in 2020 Go to Source Powered by WPeMatico
How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus
Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. News.Bitcoin.com recently talked with Clinton Donnelly of Donnelly Tax Law, a service that specializes in crypto returns. The U.S. Treasury-licensed Enrolled … Read more
Binance CEO Quickly Squashes Half-truths Regarding Malta
Twitter always seems to be up in arms when it comes to cryptocurrencies. This week, someone explained how Binance is now licensed to operate in Malta. While that is indeed a fact, it simply doesn’t matter. Binance Seemingly has Nothing to do With Malta Binance is not based in the country, thus obtaining an authorization … Read more