Cryptocurrency Analysis and News Portal
Decentralized exchange project Bancor (BNT) is currently in the midst of launching a massive airdrop to all its token holders. CryptoX took the occasion to interview Co-founder and Product Architect Eyal Hertzog, and Head of Growth Nate Hindman. The duo shared their thoughts on the airdrop, existing trends in
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Read MoreIf you’ve spent any time browsing crypto Twitter, or any of the Bitcoin or crypto-focused communities on Reddit, there’s no doubt you’ve come across investors challenging traders sharing charts filled with trendlines, saying that “technical analysis doesn’t work.”While technical analysis does not guarantee success, it can certainly increase the probability
Read MoreEthereum (ETH) continues to gather pace after an impressive start to the year. The second-largest cryptocurrency by market cap has already risen to a two-month high of $165 after a 13% rally this week. Over the past month, the cryptocurrency has rallied by more than 35% and is showing no
Read MoreTelegram’s battle with the United States Securities and Exchange Commission became one of the most closely followed legal dramas of the crypto space in 2019. This was not only because it appeared to be the first time the Durov brothers’ relentless expansion faltered but also because the court case
Read MoreNew Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments.On Jan. 8, the New Hampshire House of Representatives accepted a motion from the General Court's Executive Departments and Administration Committee stating that the tax bill was "inexpedient to legislate" and should
Read MoreThe Coinbase-backed Crypto Ratings Council (CRC), a group of major United States’ cryptocurrency firms seeking regulatory clarity, has welcomed new members.Established in late 2019, the CRC has expanded to include members like trading platform eToro, crypto exchange OKCoin and Radar, the startup behind decentralized exchange Radar Relay. Coinbase announced
Read MoreBinance and Huobi have together received over 52% of total $2.8 billion illicit Bitcoin (BTC) transfers in 2019, according to a new report.Chainalysis’ findingsOver the course of 2019, criminal entities moved a total of $2.8 billion in Bitcoin to cryptocurrency exchanges, according to a Jan. 15 study from Chainalysis.According
Read MoreIn an era of unprecedented global surveillance, it is unreasonable to expect the blockchain world to be any different. It is perfectly
Read MoreA bill seeking to exempt personal cryptocurrency transactions from taxation for capital gains has been reintroduced in the Congress of the United States. What the bill looks to changeCalled “The Virtual Currency Tax Fairness Act of 2020,” the bill would establish an exemption for virtual currency expenditures that qualify as
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