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Bitcoin cash (BCH) is now trading at $1,000 USD, returning the price to levels not seen since late March of this year. Analysts have attributed the spike to after-tax-season liquidity, strong volume, and a passionate and active community supporting the project. Also read: Bitcoin Cash Gains Advance 4% Above BTC Bitcoin Cash Smashes Through $1,000 The … Read more
This week as people hear about the peer-to-peer exchange Localbitcoins requiring identification for traders who deal in “significant” trade volumes, many of them are scouring the internet in search of decentralized exchanges that don’t require Know-Your-Customer (KYC) verification. One such trading platform called ‘Hodl Hodl’ launched its beta version this past February allowing traders to … Read more
This week Dhruv Bansal the co-founder of Unchained Capital, a cryptocurrency based financial services lending firm released a research study called ‘Bitcoin Data Science: Hodl Waves’ part one. Bansal and his team analyzed the BTC network’s ledger of Unspent Transaction Outputs (UTXO) over a few years and discovered how when BTC lost a large share … Read more
The cryptocurrency markets have shown early signs of a bullish momentum shift following several months of heavy selling pressure. After losing upwards of 75% to 85% and forming ‘adam-and-eve’ style double bottoms, many leading cryptocurrency markets have produced significant bounces over the course of the last fortnight. The markets now appear poised in ‘open air’ … Read more
On Wednesday, April 18, cryptocurrency markets have been bouncing all around over the past twelve hours as a few coins have seen some higher gains than most. Three-day charts show bitcoin core markets took a slight dip after touching a high of $8,425 USD on April 15, as spot prices are up 2 percent today … Read more
One of South Korea’s largest cryptocurrency exchanges, Bithumb, has published its first audit report, detailing its financial performance as well as crypto reserves worth approximately $6 billion kept in 12 cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $6 Billion Worth of Coins South Korea’s second largest cryptocurrency exchange Bithumb recently released its … Read more
On Monday April 16, the Philippines opposition senator Leila M. de Lima asked her fellow bureaucrats to push the passage of the cryptocurrency bills she helped frame. The proposed bills aim to introduce a harsher penalty towards criminals who use cryptocurrencies during illegal activities. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Lawmaker … Read more
As Bitcoin holds above US$8,000, altcoins are seeing increasing support and continual growth. The past week has shown the first sustained period of growth in recent months, as the global cryptocurrency market cap has seen more than 25% growth since last Tuesday. Bitcoin (BTC) has seen a modest increase of 1% in the past 24 … Read more
Just a few weeks ago, the Zimbabwean cryptocurrency exchange Golix gained its first national competitor when Styx24 opened its doors online. Almost simultaneously Golix introduced a Bitcoin ATM to its customers, accessible inside their offices in central Harare. Also read: Bitcoin Adoption Continues to Thrive Within Africa’s Borders Need US Dollar Bills In Zimbabwe? Got … Read more
In the U.S. tax season has arrived and many American cryptocurrency proponents are squirming because they have to pay for some of the gains they made last year. However, there are a lot of digital currency holders who could care less about taxes and they strongly believe that taxation is antithetical to cryptocurrencies. While there … Read more
