Over the past few days since creating a new annual low, Bitcoin is moving in an ascending channel (looking at the hourly chart). As of now, Bitcoin is near the lower trend-line of the channel, along with the $4000 – $4050 support range. This is a very fragile area, and the bulls hope to get […]
In the latest tweet, the prominent blockchain leader, Bobby Lee calls cryptocurrency revolution is irreversible. With cryptomarket persistently sees bloodshot and other top performing cryptocurrencies are losing their position including Ethereuma and Bitcoin, Bobby Lee who is the co-founder of BTTCChina and the creator of other crypto projects thinks “slowly but surely, Bitcoin is losing […]
Despite the decline in Bitcoin’s value, the crypto market is thriving and the so-called bubble didn’t burst.
The document lists eleven possible types of token, all with different obligations.
During the G20 summit in Buenos Aires, Argentina, a declaration was passed to create an international taxation system for cryptocurrencies, according to the Japanese news outlet Jiji.com. International crypto taxation while cutting back on money laundering According to Jiji, the G20 leaders seek to develop the taxation system for crypto with a “huge IT company” […]
It is currently illegal for a government to tax a foreign company which does not have a physical presence there.
Exchanges A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade customers need to open new accounts, complete KYC verification, and transfer their assets to the new platform. Also read: Indian Supreme Court Moves Crypto Hearing, Community […]
Businesses in Italy using cryptocurrency may no longer enjoy the mainstream benefits of decentralized economy. According to the reports, companies based on the crypto mechanism or employing cryptocurrency will not be eligible to register their business with Business Register. The news first broke out when an Italian Joint Stock company, named S.r.l (‘società a responsabilità […]
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Mining The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed. The U.K.-based digital asset management company argues that “bitcoin mining may in fact be acting as […]
Since the time cryptocurrencies have become popular and have gained value, hackers have been pretty active in exploiting vulnerabilities of blockchains and stealing coins. The latest victim that has fallen prey to hackers is NEO. According to the latest Weibo Post, Tencent Security Joint Labs has pointed out a vulnerability in NEO’s network which hackers […]
Today, the market gets red again and the overall crypto market has experienced the loss of $6 billion as it declined from the total valuation of $142 billion to $136 billion. Despite the worst conditions, few businesses are betting high on bitcoin and the distributed ledger system. The latest press reveals that one of the […]
The recent meltdown in crypto markets has hit the crypto miners real hard and a lot of them have been forced to shut their shops as crypto mining has become unviable. The hardest hit here are miners in China, who are paying a relatively higher cost compared to most countries in the world Hence, according […]
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For the past six months, ICO’s have quickly begun to face up to the realities of poor market conditions, flawed business models and regulatory scrutiny. Now it seems like ICO influencers are also starting to feel the repercussions of promoting failed crypto projects. Just yesterday, it was announced that Floyd Mayweather and DJ Khaled were […]
Bitcoin price is yet again in the red, circling around $4,000 level. According to the experts, Bitcoin is nearing capitulation with chances of going uptrend. Bitcoin Price Struggling around $4k Bitcoin is currently trading at $4,057 with about 2 percent losses. The leading cryptocurrency is yet again in the red after seeing a surge. However, […]
Currently, trading at $0.017 in red in the USD market by 2 percent, Zilliqa is in the green in BTC and ETH market. Meanwhile, Zilliqa has released its Testnet v3.0, codename “Mao Shan Wang” that has the same set of features as its upcoming mainnet launch on January 30, next year. Testnet v3.0, codename “Mao […]
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