Bookmarking Crypto Insights
India’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders. Also Read: India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, … Read more
LONDON – With energy consumption of each bitcoin transaction equal to 17.5 U.S household’s daily consumption as of January 31, 2018, sustainability and feasibility of cryptocurrencies has been fiercely debated by both proponents and skeptics alike. 4NEW’s elegant and efficient end to end solution, figuratively, enables blockchain to have its own battery pack with global … Read more
Rarely a week passes when Tether, the company responsible for issuing the USD-pegged cryptocurrency of the same, isn’t in the news. In the last 24 hours, two separate reports into the status of Tether and its USDT tokens have been published, one examining its legal status and the other exploring its blockchain. Meanwhile, Upbit exchange … Read more
Over the past few weeks, bitcoin markets have slid from the near $20K price region all the way down to $6K territory and there’s one crowd who is loving it every time bitcoin’s value dumps. The group called ‘Buttcoiners’ stem from the Reddit forum /r/buttcoin, and anytime something bad happens to bitcoin this band of … Read more
It is still too early to determine whether or not all cryptocurrency markets will remain in the green for a while. The way things look right now, all markets look particularly healthy, even though we see some assets make major moves as we speak. If the XRP price is any indication, we may see some … Read more
A strange thing happened on the way to the decentralized digital currency revolution: a cop – a regulator – seems to have salvaged bitcoin’s giant crash. Less than 24 hours after a 65 percent drop in bitcoin’s price, hysteria from all corners, no less than one man, the Commodities Futures Trading Commission (CFTC) chair, J. … Read more
Another suicide has made its way to media scrutiny, and crypto markets plummeting was promptly highlighted as the ultimate cause. It’s time to consider our mental health as investors in light of bitcoin’s infamous feature – volatility. Also read: Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners Bitcoin’s ”Death” Is Not the End … Read more
Strong climb despite alleged increasing correlation with the stock markets. #PRICE_ANALYSIS Go to Source Powered by WPeMatico
Myetherwallet, the web’s most popular client-side ethereum interface, has announced a surprise rebrand. The service will henceforth be known as Mycrypto following an acrimonious split. The sudden move took one half of the Myetherwallet team by surprise, who claims the “Twitter handle was changed without knowledge or permission of MEW’s founder”. It has also emerged … Read more
While the crypto domain continues to garner more and more attention by the day, the mainstream adoption of blockchain technology is still hampered due to issues of scalability, privacy, etc. While first and second-generation blockchains such as Bitcoin and Ethereum worked to create decentralized payment platforms that eliminated the need for financial intermediaries such as … Read more
