Cryptocurrency Analysis and News Portal
Bitcoin (BTC) lingered around $8,400 on Sept. 26 as relative stability returned to markets after their tumultuous fall earlier in the week. Cryptocurrency market daily overview. Source: Coin360Bitcoin price ponders resistance at $8.5KData from Coin360 showed sideways behavior for BTC/USD on Thursday, with only a brief move to $8,600 disrupting
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H&R Block, a global consumer tax services provider, warns taxpayers that the increased volume of letters and notices sent by the Internal Revenue Service (IRS) indicates the possibility of cryptocurrency holders interacting with the tax agency would become much more difficult compared to what it used to be. And the
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Wyoming Blockchain Coalition president Caitlin Long has responded to the recent unrest in the money markets by analyzing the systemic fragility of the traditional financial sector as compared with Bitcoin (BTC).In a Medium blog post published on Sept. 25, Long made the argument that “at a systemic level, the
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With a lot of uncertainties surrounding the global crypto industry, it is indeed great news to find that consumers are happily choosing cryptocurrency as their preferred means of making purchases, as a new study suggests.This was revealed in a recent research conducted by KPMG, one of the ‘Big Four’ accounting
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New research this week has added to suspicions that futures settlement dates end up manipulating the Bitcoin (BTC) price.Bitcoin drops 75% of the time before futures expireAccording to findings from Arcane Research reported by Norwegian crypto news outlet Kryptografen on Sept. 24, CME Group’s Bitcoin futures settlement dates, in
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California-based financial firm SoFi has added BTC, ETH and LTC trading to its platform SoFi Invest. Crypto trading on SoFi Invest joins the list of previously introduced trading of stocks and exchange-traded funds.California based financial company SoFi announced it added crypto trading to its fast-growing SoFi Invest platform and that
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US Congress has passed this week the “Advancing Innovation to Assist Law Enforcement Act.” The Act is requiring the financial crime watchdog, Financial Crimes Enforcement Network (FinCEN), to study the use of blockchain technology in the digital world.More specifically, the director of FinCEN has been directed to conduct a thorough
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People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s
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Neo, a decentralized open source blockchain application platform, announced that it became the first-ever blockchain member of Microsoft’s .NET Foundation.In the press release published on Sept. 24, the platform stated that during the .NET Conference 2019 Neo “joined the .NET Foundation, the Microsoft-created, globally leading open-source foundation,” adding:“Based on
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Cryptocurrency prices wavered on Wednesday following the biggest 24-hour devaluation in months, leaving little guarantee of a swift recovery in the near term. For Ethereum (ETH), the grind lower has been much more extreme when valued against bitcoin (BTC). While the ETH/BTC exchange rate has been in recovery
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