The Bitcoin ecosystem has been adaptive to various technologies, with many of them intent on solving Bitcoin‘s utility; one of them is Lightning Network. Bitcoin’s Lightning Network was introduced as a second layer technology to execute micropayments instantly and at low costs. However, there has been a constant debate about whether or not Lightning has...Read More
Turkey has become a crypto-hotspot lately and this is no longer a secret. The hyperinflation of the nation’s fiat currency, the news around the digital lira, and the freezing of millions of bank accounts in 2019 have all contributed to this narrative. In fact, the Turkish government had also listed blockchain adoption as part of...Read More
Each year, US taxpayers with taxable crypto events are required to report their gains or losses to the IRS. If you’re a US taxpayer who sold, used, or converted crypto in 2019, you may owe taxes on those transactions. We’ve outlined what to expect from Coinbase and the resources available to you. Our goal is...Read More
Like most businesses, cryptocurrency exchanges are not always upfront with their practices. Some try to keep a level of transparency in order to maintain their appeal and reliability for their customer base, but there are certain things they do not disclose. We will be looking into some of the undisclosed matters that go behind the...Read More
The digital asset industry is perhaps the only asset class that is so susceptible to market sentiments and changes in geopolitical situations between different nations. Taking Bitcoin as a prime example; a significant part of the community attributed Bitcoin‘s price surge to the rise in tensions between the United States and Iran and the outbreak...Read More
Bitcoin’s intense 2020 rally is showing no signs of slowing down, with yesterday’s dip from highs of $10,200 to lows of $9,700 being met with an abundance of buying pressure that has now led its price to rally up to fresh 2020 highs. This momentum, which comes just months before the crypto’s highly anticipated mining...Read More
Bitcoin retook $10,000 Tuesday after Fed Chair Jerome Powell acknowledged the importance of blockchain development at the central bank. | Image: shutterstock.com The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly...Read More
Though Bitcoin is quite heavily misadvertised as an anonymous payment network, it is actually one of the more transparent crypto-networks to transact on. In the early days of cryptocurrency, when KYC and AML regulations weren’t as strict as they are now, it was easier to conduct Bitcoin transactions which couldn’t be traced back to criminal...Read More
LINK is trading at a crucial resistance area after seeing gains of 13%. Chainlink is technically bullish across trading pairs but still facing a tough level at the immediate resistance. A pullback is likely if Link fails to overcome the current trading level. LINK/USD: Link Could Be Ready For Huge Rally But Still Waiting For...Read More
Tezos (XTZ) price is up more than 100% since the beginning of 2020. It’s one of the best performing cryptocurrencies and has managed to enter the top 10 projects by market-cap as its market capitalization reached upwards of $1.9 billion. However, given the notorious history of most existing cryptocurrencies, people remain somewhat hesitant of what...Read More
They say the opposite of love is indifference; and if one thing has been made clear over the last few years, it is that governments and regulators are no longer indifferent toward cryptocurrencies. Countries like China are announcing national CBDCs left, right and center, while regulators across the world have started becoming more receptive, introducing...Read More
Canadian joint venture has launched a new stablecoin pegged to the Canadian Dollar (CAD). Dubbed QCAD, users can trade it against Bitcoin, Ethereum, and USDC, and it’s supported by cryptocurrency custodians Balance and Bitvo. Canada’s First Stablecoin – QCAD Announced earlier today, QCAD is built on top of the Ethereum blockchain, and it’s based on...Read More
Even if you haven’t paid attention to every Bitcoin news story, then you can’t have missed that several major brands have now warmed to the idea of using the cryptocurrency. From AT&T and V The post What Can You Buy With Bitcoin in 2020? appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The crypto industry is readying itself for the upcoming Bitcoin Halving coming in May 2020. In anticipation of the upcoming event, Bitcoin and its family are showing great results. Bitcoin is nearing the $10K price range. Even, Bitcoin Cash is trading in green zone displaying Bullish sentiment. However, Bitcoin SV is excelling in the price...Read More
Recently, there have been many talks regarding CBDCs – Central Bank Digital Currencies. These national cryptocurrencies are expected to be one of the main trends of 2020. But why create a national cryptocurrency? The need for a national cryptocurrency stemmed from the fact that governments wanted to keep citizens from relying on decentralized currencies that...Read More
The infamous PlusToken Ponzi scam that resulted in investors losing over $3 billion in cryptocurrencies like Bitcoin [BTC] and Ethereum [ETC] has reared its ugly head again. After a short hiatus, the scam artists have re-surfaced and moved $117 million in Bitcoin, within their addresses. Dovey Wan of Primitive Ventures called out the hefty 11,999.47...Read More
[PRESS RELEASE – Please see full disclaimer] In 2008, a world-wide financial problem became evident. With 1.7 billion adults that do not have access to banking services, there is a sector of the population that is in need of a solution or a revolution. Bitcoin, the first iteration of blockchain, was created with this goal....Read More
India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies. ...Read More
These days, cryptocurrencies are becoming more mainstream. So it’s no wonder that more gambling venues are offering options that allow punters to pay with cryptocurrency. Online casinos have been offering this facility for a while now. But even standard casinos are now offering table games that players can join in with and pay with Bitcoin...Read More
Good things don’t come up so quickly. This is what happened with Bitcoin, following the first time in four months that the coin had crossed the $10,000 mark. Two days ago, following the 10K break, we saw it rising a bit more but getting rejected before the next critical resistance price level at $10,300 –...Read More
Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000. Bitcoin Price To $40,000 Lee is among the most...Read More
Cryptocurrency offers privacy, as it is a virtually untraceable payment method. The technology supporting these currencies is highly secure, which is another draw for those interested in cryptocurrency trading. Cryptocurrency trading is the practice of trading one cryptocurrency for another. People use this form of trade to enhance their crypto-wealth by making the correct market...Read More
The rollover for XRP continues today with a further 2.15% price drop, bringing the price for the coin down to $0.27. XRP is showing some signs of stabilizing at the 2750 SAT level against Bitcoin. Despite the recent price fall, the cryptocurrency is still up by a total of 26% over the last 30 days....Read More
Binance, the world’s leading cryptocurrency exchange, adds peer-to-peer trading for the Russian Ruble (RUB). From today, traders will be able to transact with zero fees on the exchange’s P2P platform. Binance Adds P2P Support For The Russian Ruble In a press release shared with Cryptopotato, Binance, the world’s leading cryptocurrency exchange, announced that it will...Read More
Discussions around central bank digital currencies [CBDCs] have intensified over the last couple of months, especially since China accelerated its plans to launch its own CBDC last year. In fact, talks about CBDCs even found a place at the WEF in Davos this year. While many lawmakers had previously chosen to proceed with caution, with...Read More
Belgium’s Financial Services and Markets Authority (FSMA) is pushing the government to bring regulations for digital currencies, according to a recent report. In a Senate hearing on Feb 10, Jean-Paul Servais, chairman of FSMA, urged lawmakers to establish a legal framework for the sale, purchase, and use of virtual currencies and all related financial products....Read More
