Ethereum (ETH)

The UK’s tax authority has updated its tax policy for crypto assets. Expect huge administrative headaches as all crypto transactions need to be converted into £ and recorded. The authority reiterates that Bitcoin is not money. Her Majesty’s Revenue and Customs (HRMC) on Friday updated its tax policy related to cryptocurrency in the UK. Here’s what you need to know to stay compliant with the British taxman. The HRMC’s statement on Cryptoassets: tax for businesses only provided...

Valentin Preobrazhenskiy, CEO of LATOKEN, commented:“USPX token sparks the dream to unite people to explore an alternative planet to settle and hedge from an asteroid type of disaster. Something that dinosaurs did not manage to structure.It also gives a great opportunity to test the legal structure and business model to provide worldwide liquidity for assets previously not available to most investors. This could turn a great many people into stakeholders in the success of humanity and help...

Bitfinex, which shares co-founders with the Tether stablecoin, is once again attracting controversy over the manipulation of the Bitcoin price. Per a paper published by the University of Texas Professor John Griffin and Ohio State University’s Amin Shams, Bitcoin’s run to a record high near $20,000 in 2017 was caused by a single market whale. Bitfinex whale manipulating Bitcoin price surges Initially reported by Bloomberg, the paper, which is an update on an earlier one by the same...

The cryptocurrency market went through a parabolic price surge in late 2017 causing a stir around the financial world. Bitcoin, the largest crypto by market cap, reached its all-time high at $20,000 but according to two U.S.-based academics, this price movement was manipulated by a single whale.Cryptocurrency Price Manipulation?The topic of price manipulation in the cryptocurrency market has been around for a few years. Finance professor John M. Griffin from the University of Texas and...

Bitcoin and Ethereum are consolidating within a narrow trading range. Bitcoin may have resumed its macro-uptrend, said a renowned technical analyst. XRP prepares for a major event that could trigger an increase in demand. Last week, the total crypto market capitalization surged over 40% to reach a high of $267 billion. During this time, approximately $77 billion was injected into the market. Bitcoin jumped over 42% while Ethereum and XRP rose nearly 30%. Despite the bullish impulse,...

At press time, bitcoin is trading for just over $9,100.Bitcoin Has Had a Strange WeekTo say it’s been a wacky week for the world’s leading cryptocurrency would be something of an understatement. The currency has pulled in both bearish and bullish behavior from all angles, jumping beyond the $10,000-mark last weekend after a nasty period of trading in the mid-$7,000 range, to suddenly settling nearly $1,000 below its weekend high.The currency has incurred other little surges here and there...

The past weekend was crazy even for the most experienced crypto traders, who couldn’t remember when was the last time they saw a 42% change in the price of Bitcoin in under 24 hours took place.Since then, Bitcoin’s raging volatility had been declining as the weekdays passed, and now, precisely a week since the colossal $4,000 price surge, it looks like the next move is a matter of hours, maybe 1-2 days.At least one sign is pointing bullish – Bitcoin kept above the significant 200-days moving...

After years of so much speculation, the Diablo 4 video game has been announced by Blizzard Entertainment. And yes, it happened after so much speculation on whether it would ever be created. As it was expected, this was made open at the Blizzcon 2019 where the Diablo 4 was unveiled as a sequel to the Diablo 3. It comes packed with all the fun and adventure that gamers are meant to experience.In a cinematic trailer, we see the return of Lilith the daughter of Mephisto who is the Lord of Hatred....

In the last few months, Bitcoin futures trading is on the rise, beating up to 50% of the total spot market on 13 well-known exchanges. The futures market helps to keep the price less volatile, and it increases liquidity via the attraction of new investors. Wise actors always made predictions that cryptocurrencies would co-exist with the current banking and stock markets. They are not doing any substantial harm to banks and classic exchanges. Instead, cryptocurrencies add fungibility and...

Photo: SamsungSamsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their...