Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT. Go to Source Powered by WPeMatico
Month: July 2020
Crypto Scammer Sentenced by South Korean Authorities
Man sentenced to two years and six months in prison after multi-million dollar crypto fraud. Go to Source Powered by WPeMatico
Bitcoin Volatility Hits 2018 Lows but Is a Repeat 42% Drop Possible?
Traders remain cautious as Bitcoin’s current lack of volatility is similar to November 2018 when low trading volume resulted in a 42% drop. Go to Source Powered by WPeMatico
Crypto Tax Disclosures Can Help With Internal Revenue Service
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk. Go to Source Powered by WPeMatico
SEC Commissioner Peirce Asks ‘Who Did We Protect?’ in Telegram Shutdown
Commissioner Hester Peirce clearly doesn’t see the SEC’s courtroom win against Telegram as a victory for the regulator or innovation in the U.S. Go to Source Powered by WPeMatico
China’s Blockchain Network Splits Over Disagreement About Public Chains
China’s Blockchain Service Network splits into two entities after the pushback from state-controlled entities on the integration of public blockchains. Go to Source Powered by WPeMatico
US State of Texas Saddles Up to Become the Next Blockchain Capital
Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities. Go to Source Powered by WPeMatico
Major Victim of Cryptopia Hack Prepares to Sue Liquidator Grant Thornton
The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer. Go to Source Powered by WPeMatico
Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading
Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum Classic Trust, and the Digital Large Cap Fund. Grayscale’ Publicly Traded Offerings Grayscale Investments announced Monday that … Read more
Bitcoin Price Analysis for July 21th – BTC Looking Up Again
On Tuesday, July 21st, the BTC rate is growing. The cryptocurrency is generally trading at 9307.56 USD. Go to Source Powered by WPeMatico