This Week in Bitcoin: A New Dawn

This Week in Bitcoin: A New Dawn

It’s too early to tell whether the crypto markets are out of the woods and inching back into the light. If a doctor was giving the prognosis, she would probably venture that we should remain “cautiously optimistic”. But if the top stories from this week in bitcoin are an indicator, there’s every reason to feel…
Crypto Mania Peaked Around Christmas, Fallen Markedly Since Says IG Group

Crypto Mania Peaked Around Christmas, Fallen Markedly Since Says IG Group

As if it wasn’t clear enough, we just got another indication that the cryptocurrency markets have soured for price speculators. One of the biggest names in the contracts-for-difference field, IG Group, has revealed that crypto CFD trading is on the decline this year. Also Read: Monthly Web Traffic for Major Bitcoin Exchanges Falls by Half…
Crypto Investors Should Stay Away from Venezuela’s Petro

Crypto Investors Should Stay Away from Venezuela’s Petro

Crypto enthusiasts around the world should send a strong signal to President Maduro that blockchain technology will not be used to support corruption.
‘Fake News’: Russian Official Reportedly Denies Involvement with Petro

‘Fake News’: Russian Official Reportedly Denies Involvement with Petro

A Russian official has called reports that the country helped Venezuela launch its controversial petro cryptocurrency "fake news."
Ireland’s Finance Department Plans Blockchain Working Group

Ireland’s Finance Department Plans Blockchain Working Group

Ireland’s Department of Finance has proposed the creation of a blockchain working group to help form cohesive regulation across government agencies.
Santander Confirms Ripple-based Cross-border Payments are Coming “Soon”

Santander Confirms Ripple-based Cross-border Payments are Coming “Soon”

Ripple has made a lot of headlines over the past 18 months. The company is intent on disrupting the financial sector with digital ledgers and its XRP asset. Santander has confirmed they will carry out cross-border payments with Ripple’s technology this year. Another Notch in the Belt of Ripple Various financial service providers have taken…
Zimbabwe’s only Crypto Exchange Aims for a National Digital Revolution

Zimbabwe’s only Crypto Exchange Aims for a National Digital Revolution

Cryptocurrency exchanges currently serve as the ideal gateway for entry into the ecosystem and therefore the designated channel of adoption into the mainstream. The effect of these exchanges in the financial solutions industry is obvious in a number of areas. Payments and clearance, remittances, operations and several other aspects have experienced one form of intervention…
Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review

Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review

What happened in crypto this week? Price Watch Bitcoin is up 16% this week to $9,000. This comes as part of an increase across the entire cryptocurrency market. It’s also likely the result of higher trading volumes. Fundstrat’s Thomas Lee made a price prediction of  Bitcoin reaching $91,000 by March 28, 2020. Morgan Stanley likened Bitcoin…
IRS Reminds Taxpayers to Report Virtual Currency Earnings

IRS Reminds Taxpayers to Report Virtual Currency Earnings

The United States Internal Revenue Service (IRS) recently published a document reminding taxpayers that income derived from virtual currency transactions must be reported on income tax returns. The IRS states that taxpayers who fail to report virtual currency earning may be audited or made liable for “penalties and interest.” Also Read: Bitcoin Adoption Grows in Ugandan…
Slush Pool Mines the First ASIC Boost Block Sparking More Debate

Slush Pool Mines the First ASIC Boost Block Sparking More Debate

On March 24, the mining operation Slush Pool announced it had mined a block using the controversial ASIC Boost protocol and did so using a Halong Miner. The news follows the pool revealing it was compatible with ASIC Boost which sparked up a heated debate just recently. Also read: What is Asicboost? — An Interview With…
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