Monthly Archives: June 2019

Bitcoin Falls by $1,400 After Crash of Major Crypto Exchange Coinbase

Bitcoin has fallen by $1,400 on June 26, following reports of performance issues on the website of major trading platform Coinbase. Bitcoin’s (BTC) price fell by $1,400 within minutes after a crash of United States-based cryptocurrency trading platform Coinbase. Coinbase first reported that it was investigating an issue in which its API and website were not functioning properly at 1:47 p.m. PDT on its status website.  According to the daily chart of bitcoin price on Coin360, bitcoin’s price and market cap began to plummet around 1:25 p.m. […]

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Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy

Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This week, news.Bitcoin.com spoke with Sean Ryan, CTO of Node40, a platform that helps people calculate digital currency-based taxes. He believes that the issuance of new crypto tax guidance is “long overdue.” Also Read: Markets Update: Cryptocurrency Prices Continue to […]

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TRON Foundation Announces $20 Million Buyback Plan

The Tron Foundation has announced a $20 million buyback plan in a bid to bolster community activity and market stability. The Tron Foundation has announced a $20 million buyback plan in a blog post published on June 25. The buyback is purportedly part of an initiative to bolster community activity and market stability. The company is going to conduct the largest tron (TRX) token buyback plan so far with the widest coverage in the secondary market, the post reads. The buyback is set to last for a […]

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Chainalysis Appoints Former FinCen Officer as Technical Counsel

Blockchain analysis firm Chainalysis has appointed former FinCen and U.S. DoJ official Michael Mosier as its new Chief Technical Counsel. Blockchain analysis firm Chainalysis has hired a former official from the United States Financial Crimes Enforcement Network and the Department of Justice as Chief Technical Counsel, according to a press release published on June 26 Chainalysis has appointed Michael Mosier as its new Chief Technical Counsel. Mosier will now be responsible for legal expertise of Chainalysis products such as data privacy and global anti-money laundering, sanctions, policy, […]

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CoinMarketCap Makes First-Ever Acquisition

Founded in 2013, major crypto prices data provider CoinMarketCap announced its first acquisition of Hashtag Capital. CoinMarketCap, a major source of prices and volumetric data on crypto markets, has revealed plans for its first-ever acquisition in a press release shared with Cointelegaph on June 26 The United States-based company is acquiring electronic crypto trading fund Hashtag Capital in order to expand its efforts within its Data Accountability & Transparency Alliance (DATA), an initiative launched in May 2019 to provide greater transparency in crypto space. Following the acquisition, […]

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Blockchain Startup Waves Updates Blockchain to Allow for DApps

Blockchain startup Waves has introduced an upgrade to its blockchain that enables decentralized applications on the platform. Blockchain startup Waves has introduced an upgrade to its blockchain that enables decentralized applications (dApps) on the platform. The development was announced in a blog post published on June 25. The company has introduced a major update for its blockchain dubbed Waves Node 1.0, and released the mainnet of RIDE, that will purportedly allow the implementation of dApps on Waves.  The firm claims in the post that new mathematical functions […]

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Imgur Receives $20M From Ex-Ripple CTO’s Payments Startup

Imgur received $20 million from an ex-Ripple CTO’s micropayments startup. Major image hosting platform and meme site Imgur received $20 million from micropayments startup Coil, according to a press release published on June 26 Per the release, as part of the partnership between the two companies, the founder and CEO of Coil and former CTO of Ripple Stefan Thomas will join Imgur’s board of directors. Imgur CEO Alan Schaaf commented: “Coil’s technology will open up new opportunities for users to give to one another and support the […]

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Price Analysis 26/06: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, ADA, TRX

How far can the parabolic rise of bitcoin continue? What are the next levels to watch out for? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin (BTC) has continued with its stellar run as no resistance level is being able to hold it back. It easily covered a distance […]

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How Blockchain Could Decentralize the Music Industry

How big tech curbed freedom of expression ahead of the Tiananmen Square anniversary. The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. Our guest authors invite readers to discuss the most polemic, ambiguous and debatable topics within the cryptocurrency, blockchain and fintech industries. If you want to become our guest author and be published on Cointelegraph, please send us an email at contributor@cointelegraph.com   “History, despite its wrenching pain, cannot be unlived,  […]

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Square Rolls Out Bitcoin Deposits for Cash App to General Public

Square has just made bitcoin deposits available to the general public on its Cash App. San Francisco-based payments company Square has just made bitcoin (BTC) deposits available on its Cash App on June 26  Cash App users will now be able to deposit bitcoins from external wallets into their app bitcoin address. According to Square’s announcement, deposits are limited to $10,000 worth of bitcoin in a seven day period. It also notes that transfers could take several hours to be confirmed on the blockchain. As noted by […]

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