Cryptocurrency Analysis and News Portal
It is an ideal time to open a long position on the popular cryptocurrency BAT, according to prominent Twitterati Crypto Michaël.The full-time stock and crypto trader said on Monday that BAT could undergo a massive upside swing that ranges from anywhere between 29 percent and 135 percent. He based his prediction upon
Read More
The HEX purchase address used 50 ETH to buy more tokens. The tokens were then sent to an exchange to provide liquidity for HEX traders. HEX continues to benefit its founder, to the severe detriment of its investors. Ethereum (ETH) from the flush address of the controversial HEX
Read More
Blockchain startup Hedera Hashgraph (HBAR) are facing flak on Twitter. Some reports have claimed nodes have been dropped and there are accusations of bullying its community into not using the Hedera logo. This article has been updated based on a brief correspondence with Hedera’s SVP of Communication. Hedera Says Its Nodes
Read More
Hedera Hashgraph, the company behind the blockchain-like Hedera network, is asking investors to wait longer for tokens they paid for, in order to stabilize their cratering price. In return for a delayed distribution of their HBAR tokens, investors would ultimately get more of them than originally stipulated in a simple
Read More
Blockchain firm Hedera announced that holders of its HBAR token that decide to lock their crypto assets will be compensated with more cryptocurrency.In a blog post on Dec. 23, the company announced that, beginning in early 2020, HBAR holders that participated in the token sale will be able to
Read More
Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show. In its latest report on the phenomenon published on Dec. 23, the analytics arm of exchange BitMEX, BitMEX Research, identified twelve major IEOs that launched this year. Of those,
Read More
This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ari Paul is CIO and managing partner of BlockTower, an investment firm.Cryptocurrency has many value propositions, including censorship resistance, seizure resistance, and global coordination without
Read More
Lukka, one of the first accounting firms for digital assets, is offering a TurboTax-like service to retail crypto investors starting on Jan. 15. The move, announced Wednesday, comes after the U.S. Internal Revenue Service (IRS) issued updated guidance for calculating taxes on cryptocurrencies in October. The last time the IRS issued such
Read More
“Some companies set up servers outside China and promote their products among Chinese investors on social media,” the authority said in the statement. “They usually process transactions via online payment applications, therefore many of these funds are hard to retrieve as they floating abroad.” Source
Read More
So-called safe-haven asset bitcoin appears mum as Trump hints an optimistic “phase one” deal with China and Boris Johnson wins the U.K. parliamentary election.The cryptocurrency risks more declines due to prevailing bearish bias.Strong technical support could send the price back towards $7,500-8,500 area.Bitcoin slipped towards $7,000 this weekend as signs
Read More