Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings.

Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported on Form 8949, a form used to report […] The post Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings appeared first on Bitcoin News. origin »

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This Bitcoin Indicator Forecasted the 2017 Bull Run. It Just Flashed Again.

Bitcoin’s lackluster price action over the past few weeks has struck a serious blow to investor sentiment, leading many to anticipate weakness in the days and weeks ahead. That being said, this growing bearishness may be unwarranted, as some interesting trends seen while looking towards its on-chain fundamentals seem to suggest that further upside is […] origin »

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Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation.

Despite Bitcoin’s current price stagnation, on-chain indicators favor the bulls, with most holders remaining unphased by market volatility. Bitcoin’s Ambiguous Technical Indicators The technical outlook for the flagship cryptocurrency remains... The post Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation appeared first on Crypto Briefing. origin »

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Japanese Non-Profit to Use Blockchain for Cobalt Tracing, Aims to Fight Child Labor.

An Amnesty International finding shows that children–sometimes as young as seven, are toiling in cobalt mines in the Democratic Republic of the Congo (DRC), central Africa. Far from the gleaming surfaces of modern touch screen devices that rely on batteries, the inhalation of cobalt dust and child labor exploitation for the estimated 40,000 children illegally workingRead MoreRead More. origin »

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Bitcoin Hodlers may profit as fundamentals gain strength.

Bitcoin traders are waiting to reap profits from the halving event that took place in May, but as the price moved sideways this wish still remains unrealized. Even though BTC price has faced tough resThe post Bitcoin Hodlers may profit as fundamentals gain strength appeared first on AMBCrypto. origin »

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Will Today’s “Quadruple Witching” Trigger a Bear Trend For Stocks and Bitcoin?.

Turbulence in the stock market is expected to pick up starting today, due to something called “Quadruple Witching. ” Will the same sudden spike in volatility put Bitcoin under the same spell? What Is A Quadruple Witching in the Stock Market, and Why Does It Matter? Today in the stock market is known as a Quadruple Witching. origin »

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Crypto Tidbits: Bitcoin Holds $9k, Ethereum DeFi Gains Traction, Trump Talked BTC in 2018.

Another week, another round of Crypto Tidbits. It’s been a relatively mild week for the Bitcoin market, much unlike previous ones. The cryptocurrency started the week around $9,300 and ended the week right around that level, with BTC changing hands between $8,900 and $9,550 for the past seven days. Each attempt at breaking out of the […] origin »

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Bitcoin Options over $1bn expiration does not comfort traders.

Ever since the Bitcoin halving, traders have been even more hopeful for BTC's price to rise. Many analysts noted that the impact of the halving will not be visible on the BTC market right away as mineThe post Bitcoin Options over $1bn expiration does not comfort traders appeared first on AMBCrypto. origin »

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Tezos, Chainlink, Dash Price Analysis: 19 June.

Tezos and Chainlink are two of the cryptocurrency market's lesser-known cryptos. However, over the past 10 months or so, they have also been two of the market's best-performing altcoins, as evidenced The post Tezos, Chainlink, Dash Price Analysis: 19 June appeared first on AMBCrypto. origin »

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BitMEX and Binance show which traders they prefer.

Bitcoin, with low volatility, doesn't seem like Bitcoin, does it? The sentiment of the cryptocurrency market, it would seem, is lower when its most dominant coin is stable, than when it has just dumpeThe post BitMEX and Binance show which traders they prefer appeared first on AMBCrypto. origin »

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Algorand Blockchain to Capitalize on Twitch’s Chess Boom.

As a result of the latest lockdowns, gamers around the world are streaming digital chess matches on platforms like Twitch. Now, Algorand is stepping in to keep players honest. Algorand... The post Algorand Blockchain to Capitalize on Twitch’s Chess Boom appeared first on Crypto Briefing. origin »

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Coinbase Open-Sources ‘Rosetta’ Used to Integrate New Blockchains For Listing.

Coinbase is going open source and has launched Rosetta that will make integrating with blockchain simpler, faster, and more reliable. “At Coinbase, we believe a thriving and open ecosystem is necessary for the promise of crypto to be realized, ultimately leading to our vision of more economic freedom for the world,” announced the US-based cryptocurrency […] origin »

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Crypto Derivatives Platform, Delta Exchange, Rolls Out BNB and LINK Options Trading.

Singapore-based crypto derivatives platform Delta Exchange has now launched trading options for the Binance coin (BNB) and LINK, a brainchild of enterprise oracle solutions Chainlink. The June 19th announcement highlighted that the BNB and LINK would be corresponding to contracts they have with Tezos (XTZ), Atomic Coin (ATOM), XRP, and Litecoin (LTC). According to the […] origin »

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Shipping Company Viking Line Obtains VeChain-Backed Safety Verification for COVID-19 Management.

Finland-based shipping company, Viking Line, recently became the world’s first shipping firm to receive verification from Vechain-backed international registrar and classification society DNV GL. Viking Line Makes History With DNV GL’s My Care Verification The shipping company announced the news of the verification in an official press release. origin »

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Bank of Thailand (BoT) to Develop A Prototype Payments System For Business Using CBDC.

Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions. origin »

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Ethereum 2.0: 95% Ether ready to be staked .

The grand move for the Ethereum blockchain has been approaching and the exchanges in the ecosystem have been providing support for staking ETH. As the community gears up for the release of ETH 2. origin »

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Bitcoin SV long-term price analysis: June 19.

Disclaimer: The conclusions of the following analysis are foreseeable until the first week of July Bitcoin SV has been on a mission to recover all of its losses since the Black Thursday crash. DuriThe post Bitcoin SV long-term price analysis: June 19 appeared first on AMBCrypto. origin »

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Ethereum Could Soon “Rally Hard” as DeFi Hits Escape Velocity: Fund Manager.

The past few days and weeks have seen Ethereum’s decentralized finance ecosystem erupt higher. As Camila Russo, a former Bloomberg journalist turned Ethereum publicist, accentuated this when she noted on June 19th that the past week has seen the value of tokens locked in DeFi applications surge by 40% to $1.4 billion. Some are skeptical […] origin »

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SEC Announces Fraud Charges Against Cryptocurrency Hedge Fund.

The SEC freezes the assets that belong to the owners of a fraudulent cryptocurrency hedge fund origin »

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SEC Shuts Down Another Fraudulent Cryptocurrency Fund.

The Securities and Exchange Commission has announced emergency action against a fraudulent cryptocurrency investment fund operated by Sean Hvizdzak and Shane Hvizdzak. Fraudulent Investment Fund Between July 2019 and May... The post SEC Shuts Down Another Fraudulent Cryptocurrency Fund appeared first on Crypto Briefing. origin »

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Peter Schiff Finally Agrees on Something with Federal Reserve (Spoiler: It's Bitcoin).

Peter Schiff says that the New York Federal Reserve gets Bitcoin right by lumping it together with fiat origin »

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This Happened Right on Cusp of 'Black Thursday.' Will Bitcoin Price Crash Again?.

Bitcoin's realized cap hits an all-time high. Here's why it's bad news for the bulls origin »

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'Billions and Billions' Being Invested in Next-Generation ASIC Chips: Analyst.

Do you still think Bitcoin has no intrinsic value? This analyst wants you to think again origin »

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Ethereum (ETH) Price Refuses to Pump Now, But May Follow Mid-Caps, Analysts Say.

Ethereum (ETH) price growth is lagging behind the ongoing DeFi token rally. Ethereum (ETH) ecosystem contributors are figuring out whether that is cause for concern origin »

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XRP short-term Price Analysis: 20 June.

Disclaimer: The conclusions of the following analysis should materialize in the next 3 days. On 17 June, XRP noted a rapid decline of 3.80 percent in just a couple of hours, with the crypto-assetThe post XRP short-term Price Analysis: 20 June appeared first on AMBCrypto. origin »

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As Ethereum Miners Vote to Increase Block Gas Limit, Here Are Its Pros and Cons.

The Ethereum network is about to experience a 25% block gas limit increment – that is, if the miners currently voting on the issue give a nod for the increase. The news was broken in a twitter post by Bitfly, the company behind the Ethereum mining pool Ethermine. origin »

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VeChain Ready for a Correction, 600% Bull Rally Reaching Exhaustion.

VeChain is trending up as the utility of its technology continues to expand across different sectors, but different indicators spell trouble. VeChain’s Traceability Solution Expands Blockchain-based supply chain management token... The post VeChain Ready for a Correction, 600% Bull Rally Reaching Exhaustion appeared first on Crypto Briefing. origin »

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Chief Investment Officer Calls For Violent Stock Market Reckoning, How Will Bitcoin Respond?.

The economy is on thin ice and jobless claims are still outrageously high, yet the stock market continues its V-shaped recovery and powerful rally. However, one chief investment officer claims that a stock market day of reckoning is coming – one that could also cause another sharp collapse in Bitcoin. If the stock market does […] origin »

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Ethereum DeFi Is “Going Parabolic” But ETH Isn’t Following: Investors Guess Why.

For months now, decentralized finance has been deemed one of Ethereum’s “killer use cases. ” The concept of migrating financial services onto a relatively decentralized platform has been deemed a genius idea by many investors. origin »

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Data Suggests Bitcoin is About to Enter a Massive Resistance Region; Levels to Watch.

Bitcoin bulls were able to post a strong defense of a crucial support level after facing some turbulence overnight. This bolstered the cryptocurrency and has resulted in it once again trading squarely within its previously formed consolidation channel around $9,400. origin »

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TOP 3 Bitcoin and Crypto News for Today: 19 June ? BTC Analysis, Ripple?s PayID, & ETH?s Block Gas Limit Vote.

Bitcoin (BTC) price analysis, Ripple?s CTO announces the benefits of PayID, and Ethereum (ETH) miners are voting to increase the block gas limit. origin »

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Bitcoin Games Launches Midsummer Promotion as Sweden Looks Toward Launching its Own Digital Currency.

The premier cryptocurrency gaming portal, Bitcoin Games has announced the launch of a Midsummer promotion that promises Free Spins and loads of entertainment. For well over, five years now Bitcoin Games has been the go-to destination for all your gaming needs and our brand new promotion – ‘Glad Midsommar!‘ is sure to excite. origin »

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How Many Satoshis Are in a Bitcoin?.

The satoshi, the smallest amount of Bitcoin, is more than just a unit of measurement. What’s a Satoshi? What began as a cypherpunk niche has now become a global phenomenon... The post How Many Satoshis Are in a Bitcoin? appeared first on Crypto Briefing. origin »

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Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony.

According to a Coindesk report published on June 19, 2020, the National Bank of Cambodia is poised to go ahead with its blockchain-based payments system dubbed ‘Project Bakong’ to disrupt the dollar’s hegemony in the country. origin »

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Bitcoin's Network Demand Score falls to pre-crash levels.

Bitcoin's recent market movement has been one beset with volatility. However, some optimists still believe that the price of the world's largest digital asset can still surge to $300k levels. On the cThe post Bitcoin's Network Demand Score falls to pre-crash levels appeared first on AMBCrypto. origin »

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Ethereum Bull Trend Looks “Tired”: Here’s Why a Retracement Is Likely.

Like Bitcoin and other altcoins, Ethereum has been flirting with collapse over the past few weeks. After a strong rejection at the $250 resistance, the cryptocurrency has found itself stuck in a consolidation that has seen ETH slide to $228 as of the time of this article’s writing. origin »

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A Top Macro Analyst Just Bought Bitcoin For the First Time Ever.

While Bitcoin’s uptrend has stalled, prominent names in the financial world have continued to delve into cryptocurrency. The latest of these is Darius Dale, the Managing Director & Partner at Hedgeye Risk Management. origin »

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Last Time Bitcoin Looked Like This, It Rallied 50% In Two Weeks.

Bitcoin’s recent consolidation has thrown most investors for a loop: the majority aren’t too sure what comes next for the cryptocurrency market. Some, though, have made progress in discussing the recent price action. origin »

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Contentions Erupt After New York Fed Classifies Bitcoin As ‘Just Another Example Of Fiat Money’.

Economists at the New York Federal reserve believe that bitcoin, the decentralized, peer-to-peer virtual currency that was created by a pseudonymous software developer around 11 years ago, is “just another example of fiat money”. origin »

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Bitcoin Rallied Thousands of Percent When This Signal Appeared in 2015. It’s Back Again.

Since Bitcoin collapsed from its all-time high in 2018, investors have been wondering the cryptocurrency market will enter its next bull market. A crucial on-chain indicator that predicted the start of a number of historical BTC bull trends predicts that the next one is imminent. origin »

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How to Stay Anonymous When KYC Becomes the Main Trend in Exchanges.

Early June, rumor has it that Coinbase wants to sell its blockchain analytics software to the U. S. government. The news has caused an uproar among its users, and over $200M worth of BTC was withdrawn from the exchange not long after the news was released. origin »

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SEC Chair Clayton Nominated as US Attorney for New York.

SEC Chairman Jay Clayton has been nominated to become the U.S. Attorney for the Southern District of New York, replacing U.S. Attorney Geoffrey Berman, who said he had not resigned. origin »

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Top Accounting Firm EY Launches Crypto Tax Prep Service.

EY, one of the big four accounting firms, has announced the launch of its in-house cryptocurrency tax service, EY CryptoPrep. The service is a fully automated, web-based product that will... The post Top Accounting Firm EY Launches Crypto Tax Prep Service appeared first on Crypto Briefing. origin »

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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility.

Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] origin »

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Akon City: $6 Billion Cryptocurrency City Set to Begin Construction.

Akon City, a “futuristic cryptocurrency themed city” founded by famous singer Akon, is ready to begin construction, with a plan to use the akoin cryptocurrency exclusively. Phase one of Akon City’s construction will include roads, a hospital, a mall, hotels, and a school. origin »

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60% of Bitcoin Options Open Interest Expires in 6 Days; Will Fireworks Ensue?.

The crypto market has continued extending its long-held consolidation phase, with this sideways trading largely coming about as a result of Bitcoin’s lack of momentum Analysts are now noting that it may persist further in the near-term, as there are no immediate catalysts for momentum One factor that could lend itself towards shifting this trend is the expiry of 60% of all Bitcoin options next week Close to $1 billion in contracts are expiring on […] origin »

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Bitcoin Price Ranging But Retail Interest High with Central Banks Vowing to Do More.

After the sell-off in March, the Bitcoin price grew in the next two months only to struggle in June. The price movement is slow right now, making its way downwards. Starting the month at about $10,000, we are currently trading under $9,250, with 1. origin »

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Why the “Explosively Bullish” DeFi Trend May Not Stop Ethereum from Breaking Down.

Ethereum’s utility has seen an explosive rise over the past couple of years. Throughout late-2017 and most of 2018, the blockchain’s utility was primarily rooted in the ICO mania that plagued the cryptocurrency market. origin »

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