Tag Archives: News

We’re just a few days into the new year, and bitcoin is continuing to show signs of depreciation.Bitcoin Continues to Head SouthThe currency remains a popular investment, but bitcoin’s price has started 2020 out with a few significant nosedives. The currency has fallen (once again) below the $7,000 line, and many are wondering if the year will continue to take bitcoin on a whirlwind of drops.While it’s probably too early to tell, 2020 is simply continuing the trends set forth by the previous...

Bitcoin may be down, but it’s still given users a lot of happiness.Bitcoin Has Outdone All Other InvestmentsPer one source, the currency has risen by more than nine million percent over the past ten years. The 2010s were an up-and-down decade. Many were recovering from the Great Recession that had occurred roughly two years earlier, and several people in the U.S. who had worked in the manufacturing industry were stuck looking for new jobs given that the country had shipped many of its...

Microsoft co-founder and billionaire, Bill Gates has a new wish this year and for the next decade starting 2020. In his new year’s wish, Bill Gates asks the government to increase the taxes on the rich.Off lately, Bill Gates has been quite vocal about tweaking the country’s taxation system wherein the ultra-rich pay more taxes to balance the growing income inequality. Therefore, he endorses a tax system that favors “taxing large fortunes that have been held for a long time”. In his latest...

As expressed in the Reuters release, Ripple is getting ready to reveal the most recent Brazilian cooperation in mid-2020. Louise Antonio, overseeing chief of Ripple, said that uncomplicated Brazilian financial guidelines assume a principal role in the organization’s expansion in the nation. Ripple talks about XRP‘s utilization of transfers with banks and controllers.Besides Brazil, Ripple intends to extend to all the South American nations, for example, Chile, Peru, and Argentina.Ripple as of...

The price of oil has now jumped and is on its way to $70, in the wake of a recent U.S. airstrike on a top general from Iran. Authorized by President Donald Trump, the airstrike targeted and killed General Qassem Soleimani. The general was the leader of the Revolutionary Guards’ Quds force.In response to the development, brent futures jumped over 4% even as tensions began to heighten.According to a report from the Pentagon, Soleimani was killed because he was “actively developing plans to...

Merchants in Venezuela are turning to adopt cryptocurrencies amidst the ongoing economic crisis in the country. The latest reports suggest that burger giant Burger King is now accepting cryptocurrency payments in Venezuela.For this, Burger King has partnered with Panama-based Cryptobuyer to accept payments in digital currencies. Thus, Cryptobuyer will now act as the payment gateway for Burger King’s clientele. Reports suggest that the first trial of this partnership took place last week on...

Tesla will begin deliveries for the company’s first-ever Tesla Model 3 vehicles produced in China. According to a Reuters report, a Tesla representative confirmed that the company will begin on Tuesday the 7th of January. Deliveries will happen during an event that will take place at the Tesla factory in Shanghai.For a while now, the company has been making specific efforts to bite a bigger share of the global auto market. Apart from this, Tesla’s move is a direct way to fend off the effects...

Today January 3, 2020, marks the completion of 11 years since Bitcoin founder Satoshi Nakamoto created the Genesis Block on the Bitcoin network. Also called ‘Block 0’, the Genesis Block was the first-ever block available on the Bitcoin blockchain.Six days later on January 9, 2009, Satoshi Nakamoto released the first Bitcoin software client. Thus, the crypto community often celebrates January 9 as the birthday of Bitcoin when Block 1 was mined.Although the usual block time on the Bitcoin...

On Thursday, TON founders received an order to open their TON ICO documents to the investigators. The order came via a court filing by the U.S. regulator. Per the document:“Plaintiff respectfully moves to compel Defendants to answer questions and provide documents regarding the amounts, sources, and use of funds raised from investors in connection with the unregistered sale of securities at issue in this case.The requested bank records are highly relevant to the issues in dispute in this...

Bitcoin cash price is trading above the key $192 support area against the US Dollar.The price is showing positive signs above the $200 pivot level.There is a major bullish trend line forming with support near $196 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge if it clears the $210 and $215 resistance levels in the near term.Bitcoin cash price is facing a strong resistance near $215 against the US Dollar. BCH/USD could continue to climb unless...