Bitcoin

Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank

November 20th, 2019

As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. Lebanon, Zimbabwe, and India are just a few of the countries to deal with centralized restrictions on access to money in recent times, but…

Crypto Debit Card Targets Generation Z With a Promise of Financial Freedom

November 19th, 2019

From video games to fizzy drinks, teens have their own spending agenda. Raised in the digital age, generation Z also has a special sense of freedom, a product of unrestricted access to the internet and mass availability of new technology. Its members are potential natural adopters of cryptocurrency, and fintech companies are beginning to turn…

Bitcoin Nears End of Correction, Targets $10,400 – BitMEX Margin Trading

November 18th, 2019

Bitcoin is gradually approaching the of the month-long correction exercise. The previous breakout saw BTC skyrocket above $10,000. The recovery from $7,300 in October was unexpected. However, its momentum was significant enough to touch the area around $10,569. Unfortunately, the buyers lacked the strength to sustain the gains which left a gap for the bears…

IRS Dispels Crypto Tax Confusion

November 17th, 2019

The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help them. Pre-2018 Like-Kind Exchanges The latest IRS cryptocurrency tax guidance has raised a…

Market Update: Crypto Prices Improve After 3-Week Downtrend

November 17th, 2019

Digital currency markets have been trending downward in a triangular pattern since the 40% spike that took place on October 25. Following the three-week downtrend, cryptocurrency traders are quietly playing positions while patiently waiting for the next market signals. Crypto Markets Lose 20% Since the Late October Price Spike During the third week of October,…

Global Trend Against Cash Intensifies as China Joins the Squeeze

November 16th, 2019

For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over their monetary policies, more and more governments are now working to…

Bitcoin.com Wallet App Marks Over Five Million Wallets Created

November 14th, 2019

The Bitcoin.com Wallet has now achieved a major milestone with over 5 million wallets created since the app launched just a little over two years ago. An upcoming version of the digital wallet app will add SLP token support and additional features. Bitcoin.com Wallet Continues to Grow Bitcoin.com Today marks more than five million wallets…

Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto Space

November 13th, 2019

In late 2008, an anonymous person named Satoshi Nakamoto introduced the Bitcoin white paper on Halloween. While Nakamoto is clearly the most famous anonymous crypto moniker, in the early days there were many other mysterious individuals scattered throughout the blockchain environment. A Group of Anonymous Crypto Influencers Ten years ago a person or group of…

Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange

November 12th, 2019

In addition to listing the Universal Protocol Alliance’s mega-utility token, Bitcoin.com Exchange will also list the group’s stablecoins, as well as support interoperability between the Ethereum protocol and the Simple Ledger protocol. Bitcoin.com Exchange to List Mega-Utility Token It was announced today that Bitcoin.com Exchange will provide an initial exchange listing to support an interoperable…

Becoming Nakamoto: How Satoshi Created His Alter-Ego

November 11th, 2019

Captain America began life as Steve Rogers. Tony Stark only created Iron Man after being kidnapped. Bruce Wayne spent seven years in ninja training before eventually returning to Gotham as Batman. We don’t know Satoshi Nakamoto’s birth name, but we do know something about the steps he took to create Bitcoin and indelibly forge his…