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Paris-based derivatives fund manager Melanion Capital has launched a new, European Union-regulated fund that aims to track the price of Bitcoin (BTC) at a correlation of up to 90%.The fund is the first of its kind to be issued under the EU’s investment fund umbrella UCITS — an acronym for “undertakings
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Crypto income taxation is a murky arena at present. It would seem that even the U.S. Internal Revenue Service, or IRS, has a tough time figuring out who owes what, according to Wendy Walker, solution principal at the tax compliance company Sovos. "In the typical tax system, the IRS uses 1099 reporting,"
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Following a 2.5 year-long pilot program, an Australia mango producer is scaling up its use of blockchain technology for supply chain traceability.According to the Cooperative Research Centre for Developing Northern Australia, or CRCNA, the organization partnered with leading Australian mango producer Manbulloo and traceability software company Trust Provenance to test
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The cyberhackers used bitcoin to cover their ties to critical hacking campaign "infrastructure" such as servers and domain names, according to an indictment unsealed Monday by U.S. prosecutors. Source
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In an attempt to stay ahead of the curve, payment provider Mastercard has been foraying into the crypto industry throughout the past several months.Their excitement surrounding the future of currency appears to be growing as well, as they recently announced plans to accelerate their digital assets program.This will allow issuers
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Bitcoin trended higher along with many traditional markets Tuesday before changing direction and falling as U.S. stock trading closed.Over the past 24 hours, bitcoin (BTC) fell more than than 1 percent as of 20:30 UTC (4:30 p.m. EDT). By contrast, ether (ETH) rose by 1.5 percent. Most of the other
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Bitcoin (BTC) price fell to its lowest levels in a month on Feb. 28 after another day’s losses underscored continued selling pressure on markets.Cryptocurrency market daily overview. Source: Coin360BTC price clings to $8.6KData from Coin360 and CryptoX Markets showed BTC/USD hit five-week lows of $8,455 on Friday.At press time,
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