Yesterday, we reported that Berkshire Hathaway CEO Warren Buffett was again bashing bitcoin, and for not taking it seriously, he’s potentially missed out on some big profits.We Shouldn’t Want the Presence of Buffett in CryptoNow, one source claims that if Warren Buffett were to ever change his mind about the world’s number one cryptocurrency by market cap and become a serious investor, that might be a sign that it’s time to sell one’s stash.It’s interesting because Buffett recently sat down...
Read More »Ethereum Price Fell to $212 as Its Community Comes Out Against Controversial ProgPoW
The Ethereum community doesn’t want to accept the planned hard fork on ProgPoW. The Ethereum price fell to $212 but has already started to grow again.Ethereum, one of the top-rated crypto assets by market capitalization, fell to $212 during the early trading hours of the European session. However, using the ETH derivative with the U.S. dollar, it has broken the downtrend in the 1-hour time frame. The analysts believe that the drop of Ethereum may be related to the fact that the community...
Read More »Square (SQ) Stock Growing as Q4 Earnings Top Expectations
SQ has positively reacted to the recent company’s Q4 earnings report. Square is making a good process in its Bitcoin business.Square Inc (NYSE: SQ) has reported its fourth-quarter earnings have that improved significantly. In a statement about its Q4 results, the payments processor indicated that it had generated revenue of about $178 million between November 1 and December 31. These revenues reportedly came from its Bitcoin business. The $3 million generated indicated a 50% rise from 2...
Read More »Ripple Partners with Azimo for Faster International Payments into the Philippines
Within its new partnership with Ripple, Azimo will use Ripple’s On-Demand Liquidity service for fast payments into the Philippines.Ripple through its official web page has announced a groundbreaking partnership with one of the largest European remittance companies Azimo. The new partnership will provide Azimo with Ripple’s On-Demand Liquidity (ODL) to provide fast and cheap remittance capabilities into the Philippines. However, plans are underway to see the services expanded to other...
Read More »Ripple Hit Hard as Judge Decides Its Class-Action Lawsuit Can Proceed
Though Ripple hoped that it would manage to stop its class-action lawsuit, the legal battle seems to continue.A federal judge from California has ruled against the request from Ripple to stop a class-action lawsuit that claims the company sold XRP to its customers as an unregistered security. This means the case will go ahead as planned initially, a big blow to the XRP and Ripple community at large.Ripple had requested to stop the lawsuit back in December 2019, where Judge Phyllis J. Hamilton...
Read More »How to Manage Your Bitcoin and Crypto Taxes In 2020
Tracking your cryptocurrency portfolio isn’t exactly a walk in the park. If you’re anything like the average token-holder, you’re likely to use multiple exchanges and wallets while transacting several different currencies.Bitcoin might be your favorite, but you’ve probably got some dubious altcoins to your name too, which makes reporting your crypto taxes at the end of the financial year even more of a head-scratcher.Why You Need to Take Crypto Tax SeriouslyIf you’ve failed to maintain...
Read More »EOS verbrennt Token im Wert von 132 Millionen US-Dollar
Das EOS-Ökosystem hat über Nacht eine Abstimmung abgehalten und das Ergebnis dieser Abstimmung blitzschnell umgesetzt. Die EOS-Voter stimmten zu, 34 Millionen Token zu verbrennen, um die Netzwerk-Inflation zu reduzieren.Crypto News: EOS verbrennt Token im Wert von 132 Millionen US-DollarZusätzlich wurde das Wachstumslevel von 5% auf 1% jährlich reduziert – dadurch wird die Inflation im Netzwerk deutlich reduziert. Bereits im Frühjahr 2019 wurden 34 Millionen Token verbrannt, so dass innerhalb...
Read More »EOS Price Analysis: Bears Are Back In Control, Sell Rallies?
EOS price started a major decline from the $4.429 swing high against the US Dollar.The price broke many key supports near the $4.000 and $3.800 levels.There is a key bearish trend line forming with resistance near $3.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but the bears are likely to remain active near $3.800.EOS price is down more than 10% and it broke the key $3.800 support against the US Dollar, similar to bitcoin. It seems like...
Read More »PrimeXBT Exchange Nabs Three Forex Awards, Including Best Crypto Trading Platform
PrimeXBT is proud to announce that it received three prizes at Forex Awards as the Best Crypto Trading Platform, the Best Crypto and Forex Broker, and the Best Crypto Trading App.The 2019 edition of the Forex Rewards has revealed that Bitcoin-based margin trading platform PrimeXBT made a clean sweep of the awards in the cryptocurrency categories. In the category of Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App, PrimeXBT walked away...
Read More »Tagomi Joins Facebook’s Libra Association and Becomes Its 22nd Member
Joining the Libra Association, Tagomi will contribute at least $10 million to spend on the developing cryptocurrency. It will also support Libra, providing the necessary technical and policy assistance.Crypto prime brokerage Tagomi joins Facebook‘s Libra Association. The company will be the 22nd member of the Association and the second to join since the group’s formal foundation in October 2019. Tagomi President Marc Bhargava has already confirmed the news. But the formal announcement from...
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