Bitcoin Price Trends Weakly but Analysts Predict Strong $8,000 Support
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Kleiman Estate Will Now Dump $2 Billion in Bitcoin
Bitcoin (BTC) prices could face fresh volatility after Craig Wright was ordered to pay 500,000 BTC to the brother of Dave Kleiman, his late business partner.The payout — worth more than $5 billion at the time of writing — could attract an estate tax rate of 40%, which Kleiman's estate
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Everything You Need To Know About the OneCoin Crypto Ponzi Scheme
Many investors who wanted to jump on the cryptocurrency wagon had thought that they found the perfect opportunity for that in the crypto investment scheme OneCoin. Unfortunately, OnecCoin turned out to be nothing more than a scam.In this in-depth article, we will review everything about the OneCoin crypto Ponzi scheme.Cryptocurrency
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US: IRS is sending additional CP 2000 notice letters to cryptocurrency investors
The U.S. Internal Revenue Service (IRS) has again sent out compliance letters to investors of virtual currencies such as Bitcoin, whose tax return information did not match data reported to the IRS by third parties such as employers and banks.The CP 2000 notice letters will give individual investors detailed information
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Report: Bitcoin most Profitable Cryptocurrency, Real Dominance Above 90%
According to a news published by The Business Times on August 26, 2019, a new report by Arcane Research shows that the real Bitcoin dominance is more around 90 percent rather than the 70 percent mark, as indicated on CoinMarketCap. Why it Matters Bitcoin is the world’s largest cryptocurrency by market capitalization and commands a large
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CoinFlex Offers Physical Delivery of Bitcoin Futures to Asian Retail Investors
Photo: CoinFLEX / MediumCoinFlex, a Roger Ver-backed crypto exchange which was launched earlier this year on February, claims to be the first exchange in the world which offers to close futures contracts in Bitcoin to a cash settlement. Their main target is the Asian retail investors to offer them
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Algo VC Fund Raises $200 Million to Fast Track Ethereum Rival
Algo Capital has raised $200 million — twice its original $100 million goal — for its Algo VC fund. According to a press release shared with CryptoX on Aug. 27, the new fund will focus on investments in businesses that will help build infrastructure for the Algorand blockchain — an
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Craig Wright Lost Case Against Ira Kleiman, Must Give 50% of Bitcoin Mined
The latest hearing in a multi-billion-dollar lawsuit resulted in Judge Bruce Reinhart recommending 50 percent of Wright’s BTC holdings mined prior to December 31, 2013, be awarded to the estate of Dave Kleiman.Few weeks ago we wrote of how a Florida federal judge had denied self-proclaimed Bitcoin inventor Craig Wright’s
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Congresswoman Maxine Waters Is Still Worried about Facebook’s Cryptocurrency Libra
Recently, Congresswoman Maxine Waters, the chair of the US House Financial Services Committee visited Switzerland to learn more about Facebook’s Libra crypto project. Facebook has incorporated Libra in the crypto-friendly jurisdiction of Switzerland like many other blockchain-based firms and said that Libra will be issued and managed by the Geneva,
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Crypto Exchange and ATM Operator Admits to Money Laundering of $25 Million
According to a report from the U.S. Attorney’s Office for the Central District of California, the crypto exchange and ATM operator Kunal ‘Kumar’ Kalra – also known as ‘coinman’ and ‘shecklemayne’ – recently pleaded guilty to four counts of federal criminal charges.The 25-year old Kalra has confessed that he has
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