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Tag Archives: Cryptocurrency News

Ripple CTO David Schwartz Reveals Reasons Why Ripple Needs to Keep Selling XRP

One of the most “unpopular battles” in the crypto universe is definitely one of Ripple. The efforts of the company to prove that XRP isn’t a security became a prolonged battle.This exact battle could hold the key to XRP’s future and it has been held forth again. Be it as it may, there has been a lawsuit that may present Ripple as an issuer and the seller of the coin. Do not forget, XRP is one of the largest by market cap. At the time of writing the market cap of the coin was $10,33 billion...

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World Economic Forum 2020 at Davos Can See Talks on Crypto, CBDC and Stablecoins

Starting today, January 21, the annual World Economic Forum 2020 is kicking off in Davos, Switzerland, with global leaders seen participating. Like always, this will also be a four-day event going up to January 24.This year’s WEF 2020’s theme is “Stakeholders for a Cohesive and Sustainable World”. Like every year, global leaders will speak on issues of the global economy and wider participation of countries for overall sustainable growth. Besides, there will also be talks on avoiding trade...

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South Korean Authorities Are Considering 20% Tax on Crypto Gains

South Korea’s Ministry of Economy and Finance has started to review the crypto regulation in the country. In particular, they are reviewing a crypto taxation plan. As South Korea’s Yonhap News Agency has reported, the Korean finance ministry may introduce a 20% tax on crypto gains.Until now, the authorities considered profiting from digital assets as capital gains, and the tax law in South Korea did not see cryptocurrency trading profits as taxable income. However, with the regulatory rule...

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Bitcoin Trading Volumes Boom amid Growing U.S.-Iran Tensions

As the world remains in crisis over the recent conflicts between the U.S. and Iran, looking at Bitcoin price, we can say that the major cryptocurrencies experiences one of the best weeks in recent years.Bitcoin Trading Volumes through the Roof in 2020Bitcoin has been around for a while and has seen its ups and downs, leaving the public constantly questioning the direction this popular cryptocurrency will go next. We have seen incredible spikes in value as well as quick drops, which has left...

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#795 Bitcoin Mining Gewinne, Ethereum DEFI Wachstum & Maduro startet Petro Krypto Casino

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 795. Heute sprechen wir über folgende Themen: Bitcoin Mining fährt fünf Milliarden US-Dollar ein, Ethereum durch DEFI zu 1 Billion Marktkapitalisierung & Maduro startet Petro Krypto Casino. 1.) Bitcoin Mining fährt fünf Milliarden US-Dollar einhttps://www.btc-echo.de/bitcoin-mining-faehrt-fuenf-milliarden-us-dollar-ein/ 2.) Ethereum kann durch DeFi eine Billionen Dollar Marktkapitalisierung...

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Swiss Franc May Be Used as Proxy for Gold, Says Goldman Sachs

Ever since the geopolitical tensions in the Middle East where top Iranian military commander Qassem Soleimani died, the incident is the main explainer for why gold reached six-year highs. Now when in the recent days the Swiss Franc is surging, Goldman Sachs Co-Head of Global Foreign Exchange Zach Pandl believes it could be because it may be being used as a proxy for gold. He says that CHF follows gold in terms of price swings. Pandl said that on Monday morning it was trading around...

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Storing Crypto on a Centralized Exchange Is Safer for Most, Says Binance CEO

Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but the exchange covered all losses. There are still numerous reasons why you should store your own coins. Not your keys, not your coin. This is a phrase commonly tweeted by hardcore crypto investors. It means that if you don’t control the keys of the wallet, you don’t control the cryptocurrency....

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BTC Price Analysis: after Bull Run, Bitcoin Retreats in Tactical Maneuver

BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...

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Davos 2020 Will Have Impressive List of Speakers, Ripple CEO May Also Join

Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...

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Ripple Makes Big Bet on Asia-Pacific Remittance Market in 2020

Ripple has indicated a serious interest in planting itself in the financial and remittance market of the Asia-Pacific (APAC) region. The giant blockchain company believes that the region is still a largely untapped mine and has its eyes firmly placed on this region for the year 2020.Ripple Has 2020 Plans for Asia-PacificIn an official Ripple publication on Thursday, the company breaks down the Asia-Pacific region, underscoring how much of a gold mine it is. Citing an article by the World...

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