Altcoins

Peter Schiff – a longtime bitcoin skeptic – claims that his digital wallet was somehow compromised; that his password is no longer valid, and all his cryptocurrency funds are frozen.Peter Schiff – All My BTC Is Gone!It’s strange that Schiff owns any bitcoin at all. The man has long claimed that bitcoin is useless, even more useless than marijuana in a recent interview. He previously stated:You can smoke pot and get high. You can’t do anything with bitcoin.The man has long been a hardcore...

The latest form of crypto-friendly tax reform is coming into play. Last Thursday, a new bill known as the Virtual Currency Tax Fairness Act was introduced and seeks to limit some of the capital gains taxes for those who utilize cryptocurrency to pay for everyday goods and services.A New Crypto Tax Bill That Serves ConsumersThis could ultimately serve the crypto industry quite well. One of the big things that’s getting in the way of cryptocurrencies turning mainstream is that they are not...

As the Ethereum community anticipates Ethereum 2.0, a public testnet has already recorded impressive participation. The testnet has already pulled in more than 22,000 validators.Ethereum 2.0 Testnet from Prysmatic LabsThe test in question is the one from Prysmatic Labs, a team of software engineers basically working on the future of Ethereum. It launched its testnet on Thursday, September 9 and quickly dwarfed all other single-client tests within a week.By Thursday last week, former Google...

XRP price fell about 11 percent after registering surface achievements in the last 30 days.XRP set an intraday low of $0.224 on Monday, while traders liked to leave long orders for a little gain. It appears that the descending development was a progressively normal bearish adjustment, particularly after the colossal XRP price rally, which provoked financial specialists to benefit to around 45 percent.This situation constrained a few analysts to keep up their bullish inclination in the digital...

Ethereum Classic (ETC) has had an exciting start of the year. ETC price has climbed and the token briefly made it to the top ten coins recently. At the time, the leaderboard was dominated by three bitcoins and two eths for several hours.This copy clone of Ethereum can be merged into Ethereum 2.0 in the same way as a new shard-like eth’s current Proof of Work (PoW) chain will be integrated. Ethereum’s co-founder, Vitalik Buterin, publicly said that it is technically very possible. He...

Leading cryptocurrency exchange Binance has completed its Q4 2019 burn of the Binance coin (BNB). It was the 10th quarterly token burn the exchange has done since the launch of the BNB in July 2017. The event, which took place during the weekend, saw a total of 2.2 million BNB worth more than $38 million destroyed. Although the figure represents a mere 1.1% of the total supply of BNB, it is Binance’s second and third-biggest burn in terms of USD and BNB, respectively. What Is A Token...

One of the most “unpopular battles” in the crypto universe is definitely one of Ripple. The efforts of the company to prove that XRP isn’t a security became a prolonged battle.This exact battle could hold the key to XRP’s future and it has been held forth again. Be it as it may, there has been a lawsuit that may present Ripple as an issuer and the seller of the coin. Do not forget, XRP is one of the largest by market cap. At the time of writing the market cap of the coin was $10,33 billion...

Starting today, January 21, the annual World Economic Forum 2020 is kicking off in Davos, Switzerland, with global leaders seen participating. Like always, this will also be a four-day event going up to January 24.This year’s WEF 2020’s theme is “Stakeholders for a Cohesive and Sustainable World”. Like every year, global leaders will speak on issues of the global economy and wider participation of countries for overall sustainable growth. Besides, there will also be talks on avoiding trade...

South Korea’s Ministry of Economy and Finance has started to review the crypto regulation in the country. In particular, they are reviewing a crypto taxation plan. As South Korea’s Yonhap News Agency has reported, the Korean finance ministry may introduce a 20% tax on crypto gains.Until now, the authorities considered profiting from digital assets as capital gains, and the tax law in South Korea did not see cryptocurrency trading profits as taxable income. However, with the regulatory rule...

Tron price is trading in a bullish zone above the $0.0160 support area against the US Dollar.TRX price recently tested the $0.0180 resistance area before correcting lower.There is a major bullish trend line forming with support near $0.0160 on the 4-hours chart (data feed via Bitfinex).The current price action is positive, suggesting more upsides above $0.0170 in the near term.TRON price is showing a lot of positive signs against the US Dollar, similar to bitcoin. TRX price is likely to...