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Tag Archives: News

No Taxes for Foreign BTC Investors in El Salvador!

El Salvador has announced that foreign bitcoin investors will not have to pay tax on the profits they make through cryptocurrency transactions. El Salvador Makes Things Easy for Foreign BTC Investors The news comes just a little over a week after the Central American nation declared bitcoin legal tender. El Salvador is the first nation to make such a move, and now it looks like several others – such as Paraguay – are interested in following in the country’s footsteps....

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Lenny Moon Is Pushing Fly Coin, a Digital Currency Designed to Reward Frequent Fliers

We’ve all heard of frequent flyer miles. The more you fly, the more miles you’ll earn for future trips. Well, a cryptocurrency company is pushing a new digital asset known as Fly Coin, which will pay users in digital currency granted they engage in specific travel behaviors. Fly Coin Will Reward Consistent Travelers The company has recently brought on a new chief executive officer in the form of Lenny Moon. Moon will be tasked with overseeing the market launch of the...

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Allied and Finastra Are Creating a New Digital Wallet System for Banks

Allied Payment Network and Finastra are joining hands to create a new product known as the Allied Bitcoin Wallet, which will be available to customers of both platforms through the Finastra Fusion Store. Allied and Finastra… The Perfect Match? Created by Allied – and with assistance from the NYDIG – the product is built primarily for financial institutions who are looking to enter the crypto space. Standard banks and similar establishments will be able to use the wallet...

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EOS Price Analysis: Signs of Fresh Rally above $5.20

EOS price started a decent recovery from the $4.30 zone against the US Dollar. The price is now trading above $5.00 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $4.85 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above the $5.10 and $5.20 resistance levels. EOS price is gaining pace above $5.00 against the US...

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Litecoin (LTC) Price Analysis: Bulls Aim Rally above $200

Litecoin price declined heavily below $200 and tested $160 against the US Dollar. LTC price is now trading above $180 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $177 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $196 resistance to start a decent increase in the near term. Litecoin price is showing positive signs above $180 against the US Dollar, similar to...

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Kevin O’Leary Discusses ETH and Crypto Regulation

Kevin O’Leary, aka Mr. Wonderful on “Shark Tank,” has always been around to discuss his thoughts and ideas on cryptocurrency. Kevin O’Leary Always Has Something to Say Not too long ago, the famed investor commented that he would no longer be purchasing any more bitcoin mined in China given that the country was not known for employing green methods when it came to mining crypto. This was all before China embarked on an anti-mining crusade that would ultimately see all...

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Money Lion Is Opening a New Crypto Division

Digital finance platform Money Lion Inc. is opening a new cryptocurrency division in which customers can purchase, sell, and trade digital assets such as bitcoin. Clients can do so through the company’s latest cryptocurrency application, and individuals must have a debit card attached to their accounts. Money Lion Is Paving the Way for Crypto Trading In the future, the platform says that it is planning to add several additional cryptocurrencies for purchase. Dee Choubey...

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How You Can Donate Crypto To Fight Autism

The number of charities and non-profit organizations accepting crypto continues to grow, and now it looks like the Autism Science Foundation (ASF) has become the latest firm to say “yes” to BTC. You Can Fight Autism Through Crypto Donations If you’ve ever fancied using bitcoin to combat one of the world’s biggest issues, now may be the time. The ASF – a non-profit that seeks continued funding to research autism – says it is now accepting cryptocurrency donations to help...

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Tron (TRX) Price Analysis: Bulls Aim Rally above $0.12

Tron price started a major increase above the $0.1000 resistance against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1085 on the 4-hours chart (data feed via Bitfinex). The pair could start another increase if there is a clear break above the $0.1200 resistance. TRON price gained traction above $0.1000 against the US Dollar, similar to bitcoin. TRX price...

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Bitcoin Price Analysis: BTC Eyes Fresh Test of $50K

Bitcoin price started an upside correction from the $42,800 zone against the US Dollar. The price is now trading above $47,000 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $46,550 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must settle above $47,450 to continue higher towards $50,000 in the near term. Bitcoin price is recovering higher above $47,000 against the US...

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