The dreadful situation in Spain caused by the COVID-19 outbreak is not delaying local authorities to send notices to taxpayers. Those include traders and investors in cryptocurrencies, who have quadrupled in the past year to 66,000.Spain To Tax 66k Crypto InvestorsThe Spanish Tax Agency (Agencia Estatal de Administracion Tributaria or AEAT) began sending the notices on April 1st and will continue until June 30th, according to a local report.AEAT has been increasing the number of notices for a...
Read More »Bitcoin Cash Analysis: Bulls Aim Convincing Break Above $250
Bitcoin cash price rallied recently and tested the $250 resistance zone against the US Dollar.The price is currently correcting gains and trading above the $230 support area.There was a break above a major bearish trend line with resistance near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to make another attempt to climb above the key $250 resistance area.Bitcoin cash price is showing a lot of positive signs above $230 against the US Dollar....
Read More »Telegram Loses Latest Battle Round with the SEC Over Gram Tokens
Encrypted messaging service Telegram is putting up a fight with the Securities and Exchange Commission (SEC).Telegram Is Duking It Out with the SECThe company is in hot water after the government organization claimed Telegram had failed to properly register a token offering a few years ago that resulted in more than $1 billion in revenue for the messaging service. The enterprise made quite a bit of money after promising delivery of its new “gram” tokens to several individual investors, though...
Read More »TRON Partnership Brings TRX and BTT Rewards to Refereum Users Stuck Indoors
Place/Date: San Francisco, CA, US - April 2nd, 2020 at 4:31 pm UTC · 3 min read Contact: Ryan E. Dennis , Source: TRON Photo: Refereum BlogTRON has partnered with Refereum, enabling TRX and BitTorrent Token (BTT) to be earned by video game streamers. The partnership gives users of the gaming rewards platform access to two of the most liquid and versatile crypto tokens, while enhancing the appeal of Refereum to users who are stuck indoors. As a result, gamers can earn crypto rewards,...
Read More »#StayAtHome Becomes #PlayAtHome as Refereum Adds Tron (TRX) Rewards for Game Streamers
Bored gamers living under lockdown are being urged to unlock loot crates to earn TRX tokens and other prizes. Following a partnership between TRON and gaming rewards platform Refereum, TRX and BitTorrent Token (BTT) have been integrated, providing a means for avid gamers to earn token rewards for watching their favorite streamers.With more than a third of the world on lockdown, citizens have been urged to find productive ways to pass the time, and video gaming has seen a corresponding surge...
Read More »Altcoins Un-Season: Despite Bitcoin’s Surge, All Top 20 Altcoins Dropping In Their BTC Value
Bitcoin saw a notable increase in its price throughout the past 24 hours. However, large-cap cryptocurrencies failed to gain any serious grounds against BTC as all top 20 altcoins have decreased in value over the same period. At the same time, Bitcoin’s dominance is also increasing substantially during the past four days.Altcoins Un-Season: Majors Lose Against BitcoinThe last few days have been relatively impressive in terms of price actions on the cryptocurrency market. While Bitcoin went on...
Read More »EOS Price Analysis: Is This Fresh Reversal To $2.8 or $3.0
EOS price is trading in a positive zone above the $2.200 resistance against the US Dollar.The price is likely to continue higher if it clears the $2.300 resistance area.There was a break above major bearish trend line with resistance near $2.230 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are a few key hurdles on the upside, starting with $2.300 and up to $2.520.EOS price is currently gaining bullish momentum towards $2.500 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls Likely Preparing For Strong Surge
Litecoin price is slowly gaining bullish momentum above the $38.00 area against the US Dollar.LTC price is likely to accelerate higher once it clears the $41.00 resistance area.There was a break above a key contracting triangle with resistance near $39.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well bid above $38.00 and $37.20 levels in the near term.Litecoin price is currently gaining bullish momentum against the US Dollar, similar to bitcoin. LTC...
Read More »Bitcoin Can’t Seem to Decide If It Wants to Replicate Stocks or Not
The argument continues over whether bitcoin and stocks are correlated. Some say they are, while others say that the crypto industry follows a path all its own.So, Do Stocks and Bitcoin Follow Each Other?At the time of writing, the stock market (Dow Jones) has spiked another 100 points, while crypto, for the most part, remains somewhere in the middle. Over the last day or two, we’ve seen many digital assets incur small spikes, while others have taken a few steps back.Bitcoin, for example, was...
Read More »Ripple Investors File Lawsuit Claiming XRP Is Not Security
Ripple CEO Brad Garlinghouse will have to defend his position as a legitimate XRP seller. Per Bradley Sostack, a former XRP investor and the lead plaintiff in the case against Brad, Garlinghouse used unlawful techniques to sell XRP.Former XRP investor Bradley Sostack claims that Ripple CEO Brad Garlinghouse was selling the XRP tokens as unregistered securities. The class-action lawsuit is seeing the hearings again because the investor refiled it recently. It features a scheme that allowed...
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