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Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value

The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows that tether’s daily transaction value is set to eclipse bitcoin’s […] The post Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value appeared first on Bitcoin News. дальше »

2020-7-23 11:30


AVA Labs’ Avalanche blockchain raises $42M in public token sale

The team of Ava Labs announced today the completion of the Avalanche token sale, which raised $42M through the sale of its native token, AVAX. The Avalanche Token (AVAX) is a utility token for securing the network through staking, platform fees, and providing a basic unit of account between subnets–a set of nodes that validate […] CryptoNinjas » AVA Labs’ Avalanche blockchain raises $42M in public token sale дальше »

2020-7-22 20:46


South Korea to Implement 20% Income Tax on Crypto Gains After Finalizing on New Tax Code

South Korea's government has tabled its final proposed tax code on cryptocurrencies with the tax rule set to be implemented from October 2020. The new tax rule will see a 20% income tax on crypto gains take effect as South Korea's government scales its effort to capture digital asset revenue. The final documentation was agreed […] дальше »

2020-7-22 18:59


Canadian Exchange Coinsquare Accused of ‘Wash Trading’ by Ontario Securities Commission

Canadian financial watchdog, Ontario Securities Commission (OSC), is accusing Coinsquare crypto exchange of market malpractices with a hearing on this case set for July 21. According to the OSC, CoinSquare took part in market manipulation activities by giving a false picture of trading volumes to its clients'. дальше »

2020-7-20 15:46


Binance Pool Set to Scale Hashrate in Russia as Physical Node Gets Added by BitRiver

BitRiver, one of the leading BTC mining hosting provider, has added a Binance physical node to its data center based in Bratsk, Russia. The move will see Binance increase its hashrate power in the Central Asia region and Russia as the CZ led exchange looks to scale its footprint in crypto mining activities. This comes […] дальше »

2020-7-18 21:44


Beijing Publishes Blueprint to Build A Blockchain Programmable Government Within Two Years

The Beijing Municipal government has released a 145-page blueprint in line with a plan to build a blockchain-programmable government within the next two years. This move will set Beijing to become a leading blockchain hub, a step that might get traction following the new Hong Kong laws that have since exposed entities within its jurisdiction […] дальше »

2020-7-17 16:16


As Decentralized Finance Continues to Evolve, Big Four Audit Firms Will Play a Major Role in DeFi Ecosystem; dGen Report

Big four audit firms are set to be a significant part of the Decentralized Finance (DeFi) ecosystem according to the latest blockchain industry report by German-based non-profit, dGen. The DeFi space, which has seen tremendous capital gains in TVL, will grow even more prominent in the coming decade as per dGen insights on its report. […] дальше »

2020-7-17 20:14


BitGo Launches FATF Travel Rule Compliance Product, Rallying Other VASPs to Adopt

BitGo, a San Francisco domiciled crypto custodian, is extending its API's for clients to append their data in line with the FATF ‘Travel Rule.' This set of regulations came into action back in 2019 under recommendation 16, requiring all Virtual Asset Service Providers (VASP) to comply with the guidelines. Most notably is the aspect of […] дальше »

2020-7-15 22:54


Bitcoin’s Trading Volume is Dying Out; Setting the Stage for Explosive Volatility

Bitcoin’s extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead. Analysts are noting that there are a […] дальше »

2020-7-15 19:00


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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level

Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […] дальше »

2020-7-11 23:00


Bitcoin Volatility Reaches Low Set Ahead Of April 2019 Rally, Will History Repeat?

Bitcoin has been uncharacteristically stagnant for over two full months now. The trading range has been tightening, which has led to record low levels of volatility in the otherwise volatile asset. But the low volatility taking place currently has reached a level that kicked off an explosive uptrend in April 2019. Will the leading cryptocurrency […] дальше »

2020-7-9 23:00


Chainlink (LINK) Enters “Price Discovery Mode” as Analysts Eye Move to $11

Chainlink (LINK) is once again entering another parabolic uptrend, with this one coming about in tandem with the surge seen across the aggregated crypto market. The cryptocurrency’s intense uptrend has allowed it to set fresh all-time highs and comes as many other tokens also flash signs of strength. LINK now appears to be entering what […] дальше »

2020-7-9 20:00


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Cardano (ADA) May Be Forming a Macro Top Despite Surging 400% Since March

Cardano has been caught within an intense rally over the past few weeks, surging amidst a flurry of positive news This rally has allowed it to set fresh yearly highs today, and in the near-term, it appears that it will continue climbing higher It is important to note that it is quickly navigating up towards a massive high time frame resistance level The selling pressure here may be insurmountable and could spark a selloff This […] дальше »

2020-7-8 23:00