Crypto news

The crypto space is big, but it’s not that big. In fact, a new survey suggests that roughly 60 percent of Americans either don’t know what cryptocurrency is or have no experience with it. However, according to Jonathan Jadali, social media is playing a huge role in getting the word out there about the world’s latest trading space.Social Media Is a Big Tool for BTC and Other Forms of CryptoJadali has been involved in crypto trading since the age of 18. He’s now the successful owner of a public...

Chinese authorities seized around $4 billion worth of bitcoin and other cryptocurrencies from the notorious crypto Ponzi group PlusToken. This comes after the Chinese police arrested the core team running the scheme in July.Around $4 Billion Worth Of Bitcoin And Crypto Assets SeizedAccording to CryptoPotato’s previous report on the PlusToken saga, the crypto shysters (27 key operators) were arrested by the Chinese police in July earlier this year. Along with them, the police also arrested 82...

Lawmakers in Korea are planning to postpone a recently considered tax on crypto assets profits. Reports say the tax rule delay will be about three months – instead of October 2021, January 2022.The New Crypto Income Tax Rule To Wait Until January 2022According to a recent media report, the South Korean congress plans to put off the recently considered cryptocurrency income tax rule. A planning and finance committee of the National Assembly has issued a report, which proposes the necessity of...

The San Francisco-based payment protocol has filed a document on Friday with the US Securities and Exchange Commission (SEC). It reads that Ripple Labs has entered into an agreement with MoneyGram, which entitles Ripple to sell up to 4,000,000 shares of common stock.Ripple’s option to sell these shares will expire “upon the earliest of March 31st, 2021, the time at which the maximum amount shall have been sold, or the occurrence of certain other customary events affecting the...

Bitcoin’s volatility continues with full force as the asset made another $1,000 move in the past 24 hours. Most alternative coins have marked minor gains following the recent price drops.Stellar has been on a tear in the past week and XLM has found a place in the top ten after a triple-digit surge.Bitcoin Struggles With $17KFollowing the most substantial gains marked in 2020 that led to the yearly high of $19,500, Bitcoin bears took control over the asset. As a result, BTC experienced...

Germany’s finance minister and noted crypto critic Olaf Scholz wants the European Central Bank (ECB) to move faster with its decision on a potential digital Euro. Scholz is known for espousing anti-cryptocurrency sentiments while encouraging the EU to develop digital currencies to prevent the proliferation of private virtual currencies.Growing Appetite for Digital CurrencyAccording to a report by Reuters published on Nov. 27, Germany’s Federal Minister of Finance, Olaf Scholz, has urged the...

What’s going on with Bitcoin? After triggering everyone’s bullish mood, Satoshi Nakamoto’s creation experienced one of the worst crashes of the year, as if some divine providence was telling traders to take it easy.Analyses are contradictory, but some experts claim that this contradiction happens because there is no real substance to study, and investing in crypto could be dangerously close to gambling territory.BTC Trader = LoserMark Mobius is one of the experts who support this thesis. The...

Bitcoin has a way of surprising people. This week was no exception. A few days ago, almost everyone believed that the cryptocurrency is inevitably headed to a new all-time high. And how could they not? BTC was trading at a few hundred USD below the record from back in 2017. Unfortunately, things took a turn for the worst.Yesterday was undoubtedly a bad day for bitcoin as it plunged a total of around $3,000 in less than 24 hours. From a high of about $19,500 down to $16,200, the bears poked...

Bitcoin Latinum, which is described in a press release as a “next generation” bitcoin fork, is now ready and available for trading. The asset is being released to the public through a new pre-sale launch, which will take place on bitcoinlatinum.com, while the currency will become generally available to crypto exchanges and traders everywhere beginning in early 2021.Bitcoin Latinum Will Allegedly Improve Real-Time UsageThe currency is set to trade under the symbol LTNM, while more than 888...

Co-founder and partner of Morgan Creek Digital Anthony Pompliano has always been a major bitcoin bull. He’s recently emerged to let all traders know that he thinks bitcoin could potentially reach a price of around $100,000 by next year.Anthony Pompliano: As Confident As Ever in BTC2020 has been rocky from the start, but to say it hasn’t been kind to bitcoin would be a huge falsehood. The world’s number one cryptocurrency by market cap has seemingly surged by more than 160 percent since the...