Cryptocurrency Analysis and News Portal
Cryptocurrencies, including the most popular and longest running Bitcoin, are neither legal tender nor a financial product as they are “not cash nor an equity instrument of another entity,” according to the latest decision by an international interpretative body of accounting practices.The decision on the much-disputed digital currencies, which will
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The Albanian mafia in the UK is now leveraging cryptocurrencies for the criminal purpose of a money laundering operation, which has forced Britain’s police to look for new ways to deal with them.The Albanian gang possesses the lion’s share in the UK’s cocaine market which is currently valued at £5bn
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OKEx Korea, an international cryptocurrency exchange, notified in a statement originally made on 10th September that it will cease to support five cryptocurrencies; Monero (XMR), DASH, Zcash (ZEC), Horizon (ZEN) and Super Bitcoin (SBTC). The company will end transaction support on October 10th and the end of withdrawal facility two
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Apple (NASDAQ:AAPL) has been and continues to be an influential company; and if it’s looking at the crypto industry, you know virtual currencies must be doing something right. According to sources, that’s what the tech giant is doing, with VP Jennifer Bailey stating it is “watching cryptocurrency.” Here’s what we know.Apple
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Monday, Sept. 2 — Markets are bouncing back and showing upward price movement, after trading sideways for the better part of the day.Market visualization. Source: Coin360The Bitcoin (BTC) price is showing impressive price movement, after trading close to $9,700 for most of the day. At press time the number one
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Sunday, Sept. 30 — Markets are trading sideways today, with gains and losses among the top five cryptocurrencies not exceeding 4%.Market visualization. Source: Coin360The Bitcoin (BTC) price has spiked slightly after trading close to $9,600 for most of the day. At press time the coin is trading at $9,799,
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The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. David Marcus, the head of Facebook cryptocurrency wallet Calibra, and known as the co-creator of the company’s venture into
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Are cryptocurrencies past their prime, or is their still a lot of room for growth? As someone who was a bit late to the party of adopting crytpos, this is a question that I frequently ask myself. I am sure that each of us has an intuitive hunch that cryptos
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The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the
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United States Securities and Exchange Commission (SEC) Chairman Jay Clayton says he won’t make exceptions in securities law for cryptocurrencies, but he won’t stand in their way either.SEC rule changes ‘ain’t happening’Bloomberg published an interview with Jay Clayton on Aug. 27. According to Clayton, he has no desire to
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