No Christmas Rally in Sight as Bitcoin Drops Another 8 Percent: BTCManager’s Week in Review Dec 17

No Christmas Rally in Sight as Bitcoin Drops Another 8 Percent: BTCManager’s Week in Review Dec 17
ôîòî ïîêàçàíî ñ : btcmanager.com

2018-12-18 21:00

For investors who were hoping for a year-end rally to take out of a dark red year in the crypto markets disappointment looks imminent. The price of bitcoin dropped by another five percent week-on-week to continue its decline since mid-November 2019.

  As a result, more and more bitcoin miners are switching off their machines as the digital currency is trading at. . . Read More. The post by Alexander Lielacher appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News. origin »

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bitcoin btcmanager percent rally another mid-november machines

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Ôîòî:

Bitcoin Remains Firm Around $6,500 Mark for Fourth Consecutive Week: BTCManager’s Week in Review

The price of bitcoin remained stable around the $6,500 mark through the week to close effectively unchanged versus last week’s close. This marks the fourth consecutive week that bitcoin has found a footing around the $6,500 level, which has prompted several bitcoin community members to refer to bitcoin as the “new stablecoin.

2018-10-10 11:00


Ôîòî:

South Korean Messenger KakaoTalk Releases Blockchain Platform Klaytn

Ground X, the blockchain development arm of South Korean mobile platform Kakao, announced October 8, 2018, the debut of their blockchain platform “Klaytn. ” Ground X Releases Platform Alongside the actual platform, Klatyn has also released tutorials and toolkits to allow blockchain developers to leverage its tech, as well as a wallet, blockchain explorer, and BLASQ, their take on an incentivized.

2018-10-9 21:00


Ôîòî:

Australia Keen to Pass Bill to Undermine the Blockchain Community

The Australian government has proposed an “Assistance and Access” bill that will provide them with greater surveillance powers such as the ability to gain backdoor access to any encrypted messages. According to Forbes, if the surveillance bill becomes a law, it could be a new standard for other countries in the world, which could cause extreme problems and implications for.

2018-10-8 23:00


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Ripple Co-founder Chris Larsen Becomes 383rd Richest Person in the World on Forbes Ranking

Ripple co-founder Chris Larsen has made a crypto milestone as the first ever billionaire with a fortune gathered exclusively from cryptocurrency-related activity to enter the Forbes 400 list. According to an October 4, 2018 report in Business Insider, Larsen was ranked by Forbes at number 383 on the list with a total net worth just north of $2 billion.

2018-10-8 21:00


Ôîòî:

World Blockchain Forum Launches Mission in New York to Build Greater Understanding and Consensus

NEW YORK CITY, USA – October 2, 2018: A reality-style television event, a hackathon, a job fair, and presentations and panel discussions featuring leading innovators in the dynamic blockchain and cryptocurrency industry, are just some of the highlights expected at the 4th World Blockchain Forum (WBF) that will take place in New York, November 8-9, 2018.

2018-10-8 19:00


Ôîòî:

Venezuela Officially Launches State-Backed Petro, Passport Fees Now via Crypto-Only

Venezuelan President Nicolas Maduro officially launched the Petro, a state, and oil-backed cryptocurrency. According to the RT article published on October 8, 2018, while the goal of the state-backed cryptocurrency is to consolidate Venezuela’s economic stability, experts and analysts, however, remain skeptical and question whether oils and minerals back the token.

2018-10-8 17:00


Ôîòî:

Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers

According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage of the current Argentinian economic crisis and to expand their.

2018-10-8 04:00


Ôîòî:

Under-Regulated Cryptocurrency Era to Come to an End Soon as Regulators Speeden Crypto-Legislation

Although the cryptocurrency industry currently lacks robust regulations, this will quickly change as the industry matures over time. According to an Asia Times article published on October 4, 2018, regulations surrounding cryptocurrencies will grow at a significantly fast rate as regulators attempt to place old frameworks on new and emerging technologies.

2018-10-7 17:00


Ôîòî:

BlackBerry Set to Revolutionize the Healthcare Industry with its Blockchain Solution

BlackBerry Limited, a Canadian multinational company specializing in the development of enterprise software and the Internet of things (IoT), has announced the launch of its Blackberry Spark platform as well as its Enterprise of Things (EoT) blockchain system to foster ultra-secure data sharing in the global healthcare industry, according to a PR Newswire press release  on October 4, 2018.

2018-10-6 10:00


Ôîòî:

Here’s why Cryptocurrency Donations are on the Rise

There are many large charity organizations accepting cryptocurrencies as donations despite cryptocurrencies being highly volatile. According to The Asia Times, charities are accepting cryptocurrency donations because, over the past few years, many mega-wealthy donors have opted to donate assets such as cryptocurrencies so that they can reap mostly charitable tax breaks.

2018-10-6 06:00


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IRS grants temporary relief on crypto tax reporting rules amid legal challenges

The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors. The decision reflects the agency’s recognition of the complexities in crypto taxation and the need for regulatory adaptability in response to evolving markets.

South Korea mulls delaying 20% crypto tax amid local pressure

South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…

IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.