Earlier today, Forbes put out an article asking the question, “Is Bitcoin Dead?” The writer suggests that the currency is not necessarily deceased; just experiencing a nasty pullback of sorts, and that what could really sink it is if it doesn’t find a “killer app” that keeps it alive and in use.Bitcoin: It’s Still Chugging AlongIt’s funny how the minute something doesn’t seem to be doing well, people begin to question whether it had any prowess in the first place, and bitcoin is no exception....
Read More »La Roche-sur Yon : Bitcoin / Cryptomonnaie : révolution monétaire et sociétale ?
Table ronde autour de Bitcoin dans le cadre de l’Innovation Week 2019 organisée par La Roche-sur-Yon Agglomération et la Chambre de Commerce et d’Industrie de Vendée. Où ? – La Loco Numérique 123 Boulevard Louis Blanc à La Roche-sur Yon Quand ? – Vendredi 11 octobre de 11h00 à 12h00 Avec :– Pierre SYLVESTRE, responsable du pôle Conseil et innovation au syndicat mixte e-collectivités...
Read More »Bitwise ETF Proposal Rejected for the Umpteenth Time
It looks like we won’t be seeing a bitcoin exchange-traded fund (ETF) anytime soon. The latest (and allegedly final) attempt being made by Bitwise has outright been rejected by the Securities and Exchange Commission (SEC), which means there are no more proposals on the table waiting to get a “yes” or “no” vote.Bitwise Is Out of the LoopThe good news is that this hasn’t harmed bitcoin or Ethereum in the process, the two largest cryptocurrencies by market cap. While other smaller coins have...
Read More »Alipay Torches Binance CEO as False Bitcoin Rumors Fester
In what can only be described as a virtual slap in the face, the Chinese mobile payment platform, Alipay, strongly rebuked bitcoin exchange giant Binance for attempting to implement Alipay as a fiat on-ramp. Did Alipay Reverse Its Bitcoin Ban? New payment options for peer-to-peer (P2P) crypto trading on Binance’s mobile app came to fruition yesterday, as exchange boss Changpeng “CZ” Zhao emphatically unveiled the news on Twitter. The new function allows for mobile users to engage in P2P...
Read More »Ripple Price Analysis: XRP Tumbles At $0.30 Resistance, What’s Next?
XRP saw a small decline of around 3% over the past 24 hours and it currently trades at $0.2705. The cryptocurrency has started to pull back slightly after surging by 9% over the past week of trading. During the first week of October, XRP has been performing very well as it attempts to make its way back to the $0.30 level.XRP is the second-largest cryptocurrency with a market cap of $11.68 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, XRP continued meeting...
Read More »Bakkt Bitcoin Futures Volume Soars Almost 800% in One Day
In an incredible and slightly confounding turn of events, Bakkt’s bitcoin Futures volume has soared as much as 796% to a new all-time high (ATH). This is a far cry from previous volumes and a bullish sign of revival for Bakkt following its lackluster beginnings. Launching some two weeks ago, Bakkt day one performance showcased a tepid day-one volume of just 72 BTC. Given the hype and anticipation around the launch, this left a lot to be desired. Since then, the daily volume has fluctuated...
Read More »Bitwise Set to File Another Application for Bitcoin ETF Following SEC Rejection
In a not-too-surprising turn off events, the SEC has rejected the Bitcoin ETF application filed by Bitwise Asset Management and NYSE Arca and stated that there were still too many unresolved issues regarding improper activity such as market manipulation, that could easily take place in the sector.The SEC’s publication is a 112-page document, which goes into specific details of the ETF and why it had chosen not to approve at this time. According to the Commission, the Bitwise and NYSE Arca...
Read More »Infamous Crypto Analyst Gets Mocked After Charging $2,400 per Hour
It’s not every day that you see people reveal how much they make per hour on social media. It’s even more unusual for someone to post their hourly rate to the tune of thousands of dollars. Yesterday, we witnessed an atypical spectacle when crypto trader Tone Vays charged someone $2,400 or 0.3 BTC for an hour of his time. The widely-followed analyst shared on Twitter a screenshot of a conversation he had with someone on LinkedIn. In a tweet, Vays name-dropped Bill Gates and Elon Musk while...
Read More »IRS Tries, Fails to Explain Your Crypto Tax Liabilities After a Hard Fork
For the first time since 2014, the Internal Revenue Service (IRS) has issued guidelines for calculating tax liabilities on hard forks; but it seems to raise more questions than it answers. The document attempts to explain how tax obligations arise from chain-splits; however, the IRS omitted guidance for those who do not wish to receive cryptocurrencies related to a hardfork. What the Fork? The IRS defines tax liabilities as arising as soon as the forked cryptocurrencies come into existence...
Read More »Bitcoin Price & Technical Analysis: Nothing Prevents BTC From Growing
Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Technical analysis of the BTC/USDA massive attack may kill the BTCBitwise is counting on a positive decision of the SEC on the Bitcoin ETFOn W1, the Bitcoin keeps declining inside a correctional channel. The quotations are currently returning to 50.0% Fibo. A breakaway of the resistance level at $9850.00 may signal the end of the correction and the beginning of a new impulse of growth to the maximum of $13857.20, upon...
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