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As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes. Circumstances vary, but the real … Read more
A recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value. Go to Source Powered by WPeMatico
There are many ways to look at the financial sector. One option is to compare crypto hedge funds with their traditional brethren to see who performs better. Investing in cryptocurrency is always a risky venture. Crypto Hedge Funds Lead This Dance That also applies to more traditional markets, as there is no guarantee of profit … Read more
Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later, CME broke records again. Data from the researchers at Skew.com … Read more
The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of … Read more
CME customers would rather trade cash-backed Bitcoin products at present. Go to Source Powered by WPeMatico
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. Go to Source Powered by WPeMatico
In the financial world, there are a lot of developments that were never allowed to see the light of day. A new report issued by several experts confirms that the ECB was fooled by several German banks in 2014. Every so often, the ECB will conduct an asset quality review, or AQR. The ECB was … Read more
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account holders can buy bitcoin at Bitwala from as little … Read more
China’s central bank, along with other government bodies, proposed a blockchain trade financing information platform Go to Source Powered by WPeMatico
