High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run
Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens. Go to Source Powered by WPeMatico
DIGIT
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters undermined the rights and protections of American taxpayers. The … Read more
Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto
U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency. Go to Source Powered by WPeMatico
Seychelles-Based Bitcoin Transfers Continue to Gain Dominance, Analysts Find
Crystal Blockchain reports that crypto transfers in the Republic of Seychelles keep growing as regulatory pressure increases for the G20. Go to Source Powered by WPeMatico
Self-Healing Blockchains Are Cure for Sharding’s Scalability Woes
Self-healing blockchains are the only way to create a truly decentralized world within the decade. Go to Source Powered by WPeMatico
Two OneCoin Promoters Found Dead in Mexico
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico. Go to Source Powered by WPeMatico
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January and June this year, it … Read more
Gemini Unveils Hardware Key Compatibility on Mobile App
U.S.-based exchange Gemini announced hardware key compatibility on its mobile application, bolstering security capabilities for customers. Go to Source Powered by WPeMatico
PayPal Letter Seems to Confirm Crypto Capability Rumors
Global payments giant PayPal could indeed be developing a crypto-based solution, this document shows. Go to Source Powered by WPeMatico
Shariah Law Opens to Crypto Trading, but Full Adoption Highly Unlikely
The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law. Go to Source Powered by WPeMatico
