Crypto news

Clark Moody, the creator of the first real-time Bitcoin market data website, recently recollected the BTC market’s history over the last ten years. He pointed out that if the first BTC buyer held onto their holdings, they would have made a humongous 18.4 million percent return on his investment.It’s also worth pointing out, though, the overall influence that Mt. Gox as a Bitcoin exchange had on the overall development of the market.Unimaginable Bitcoin ReturnsIn a blog post titled: Ten Years...

The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150.However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe.Twitter Hack And BitcoinAfter the blatant Twitter hack earlier this week, the situation around the social media giant continues to unfold daily. The FBI initiated an extensive investigation, and now recent reports...

Following news of the recent bitcoin hack, Twitter has announced that it is banning all messages and tweets that post cryptocurrency addresses.Twitter Says “No” to Crypto AddressesThe hack occurred roughly three days ago. Twitter – one of the largest and most prominent social media platforms across the globe – saw accounts for several high-profile individuals such as former president Barack Obama, Amazon founder Jeff Bezos, and CEO of Tesla and SpaceX Elon Musk hacked and overtaken by...

Bitcoin has reached something of a pinnacle in its short, yet significant existence. Recently, the currency was put to the test through a Twitter hack that saw the overtaking of some of the highest-ranking social media accounts to lure unsuspecting victims into a digital trap, and yet despite everything that’s happened, the currency is remaining strong and resilient.Bitcoin Has Grown in Strength Despite Twitter FiascoThe Twitter hack saw the likes of former president Barack Obama, Joe Biden,...

It looks like the institutional presence behind bitcoin just got a whole lot bigger thanks to Grayscale. The institutional investment platform is about to enter its third quarter and has announced that the last three months have attracted nearly $1 billion in overall investments, meaning the company has garnered some of its highest numbers yet.Grayscale Is Reaching New HeightsOne of the big questions that continues to meander throughout the bitcoin and crypto space is, “Are institutional...

Yesterday, in an online discussion with India’s leading cryptocurrency industry players, the country’s former Finance Secretary, Mr. Subhash Chandra, said that ‘crypto assets’ should be regulated, but with ‘rules.’ Garg previously headed the Inter-Ministerial Committee that drafted a draconian bill banning cryptocurrencies in India.Maybe We Can Try to Regulate it (Crypto) as a Commodity: GargAs per the draft of the crypto ban bill that surfaced in 2019, anyone possessing Bitcoin or other...

Am sogenannten „Black Thursday Bottom” stiegen einige Großinvestoren in den Aktienmarkt ein. Nun bereiten sie sich offenbar darauf vor, ihre Aktien wieder abzustoßen, bevor ein weiterer Bärenmarkt ihre Gewinne auffrisst.Bitcoin News: Großinvestoren stoßen Aktien ab – Bitcoin könnte sinkenNoch schwebt eine zweite Welle des Coronavirus in der Luft. Viele Länder haben ihren Lockdown noch nicht komplett aufgehoben. Bis ein Impfstoff flächendeckend verfügbar ist, werden daher immer wieder Sorgen...

According to a recent report, three US-based cryptocurrency exchanges, namely Gemini, Coinbase, and Kraken, remain the platforms with the highest-ranking during Q2 2020.The paper also added that only 15% of exchanges claimed that they store more than 95% of their digital asset holdings in cold wallets.Top-Rated Cryptocurrency ExchangesIn its July report analyzing the performance of most cryptocurrency exchanges, CryptoCompare has utilized several features to separate and grade them. Those...

Australia-based Jiu-Jitsu champion Craig Jones said he was one of the many who missed their chance to cash in their purchased Bitcoin after the 2017 ATH. The professional fighter had bought his crypto assets in 2015 but apparently lost the advantage of the all-time high value after mislaying his coins.Losing His Bitcoin In a Trivial WayJones is a former International Brazilian Jiu-Jitsu Federation World No-Gi Champion and two-time Abu Dhabi Combat Club Trials champion.According to a recent...

The US government is still working on regulations on third-party reporting for cryptocurrency trades. The transactions will be reported by crypto exchanges in accordance with Section 6045 of the Internal Revenue Code (IRC), a Treasury attorney said.Cryptocurrency Exchanges Will Share Client Data as Stipulated in Section 6045Erika Nijenhuis, senior counsel at the US Treasury’s Office of the International Tax Counsel, said in a webinar that the government was still preparing rules on...