Crypto news

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...

Ripple CEO, Garlinghouse, has sounded an alarm geared at calling the United States government to action, reiterating that China’s goal with the CBDC is to destabilize the US dollar. The CEO urged the government of the United States during an interview with Fox Business to be at the forefront of the crypto revolution, instead of China.Garlinghouse talked about the tech boom back in the early 2000s and how the US took control of the industry and benefited immensely from that...

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...

As far as the stock market is concerned, Apple (AAPL) has had a pretty great 2019 so far. Already Apple’s stock has surged more than 43% this year alone, easily crowning it as the best performing stock in the Dow Jones Industrial average. Consequently, even though the Microsoft Corporation (MSFT) has a larger market cap, Apple has so far performed better and also beat out other FAANG stocks including Amazon, Netflix, Facebook, and Google’s parent Alphabet.One of the major reasons ascribed to...

Last month on September 23, crypto exchange Binance launched its U.S.-based subsidiary Binance US with the top seven cryptocurrencies available for trading upon launch. The Binance US platform is specifically tailor-made for Americans that functions under regulatory norms and rules.The Binance US platform adopts cutting-edge trading and wallet technology from its parent platform. Recently, to include more trading options, the Binance US has announced the listing of two new altcoins –...

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...

Bitstamp ranks among the biggest crypto exchanges in Europe. On October 9, the exchange announced that it is enhancing its relationship with digital financial services provider BitGo. The digital asset financial services firm will offer secure storage for cryptocurrency assets under management at the exchange.BitGo is now tapped to offer custodial services to the biggest exchange in Europe by trading volume. Starting on October 10, Bitstamp will give BitGo custody of its clients’ digital...

Even though there might be more than a few worthy contenders, Google (GOOGL) is one of the world’s most popular companies and has been that way for many years. However, If we decide to narrow down the “qualifiers” to just tech or internet companies, then the number of contenders drastically drops, leaving Google somewhere in the first few. The tech giant with its hands in several cookie jars is also one of the world’s most successful companies.Google is currently into software and hardware...

A Singaporean has been indicted in the U.S. on charges of stealing cloud computing power on Amazon Web Services (AWS) and Google to mine cryptocurrency. According to the U.S. Attorney’s Office in the Western District of Washington, Ho Jun Jia used the stolen identity and credit card information of a video game developer based in California and a Texan resident to open cloud services accounts with Amazon Web Services and Google Cloud Services. Ho also impersonated the founder of a tech firm...

Bakkt’s Bitcoin futures trading platform appears to be gaining steam, seeing its highest trading volume day yesterday. After a slow start, the number of contracts traded on the 9th of October was 224. Interestingly enough, this happened on the same day that Bitcoin’s price surged to $8,600, marking a three-week high.Bitcoin Price Surges to $8,600After a few weeks of declines and sideways trading, Bitcoin finally saw a notable move, surging to $8,600 in a matter of hours. The price climbed to...