Monthly Archives: November 2019

As Bitcoin Price Consolidates, Litecoin Looks Ripe for Massive Gains

Bitcoin’s price action slows as Litecoin looks poised for significant gains. Bitcoin price (BTC) failed to ignite much interest as October closed.  There are approximately 194 days left until the next Bitcoin halving, which probably feels like an eternity away for those involved with the crypto space.  This week there was also a surplus of negative news events like the Bitmex email leak and the Coinbase flash crash that caused mass liquidations on Deribit. So can we really expect Bitcoin price to do anything spectacular in the […]

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British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money

The United Kingdom government tax agency has updated its cryptocurrency taxation guidelines for businesses and individuals. The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines for businesses and individuals. On Nov. 1, the U.K. government tax agency, which manages taxes alongside other financial policies, released tax guidance updates that further clarify its stance on how businesses and individuals involved with cryptocurrency will be taxed.   Crypto is not money or currency The guidelines set out HMRC’s view […]

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Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement

In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken. Now the trial will start again and the Kleiman estate will depose Wright’s former chief financial officer, James Wilson on November 8. Also Read: Satoshi ‘Nakamolto’ Emerges With Great Hair and Questionable Claims Wright Breaks the Non-Binding Settlement as the […]

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Crypto News From the Spanish-Speaking World: Oct. 28–Nov. 3 in Review

Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. The Spanish-speaking world has seen major cryptocurrency and blockchain developments with the Argentinian tax agency applying taxes to transactions with e-wallets, the central bank of Argentina tightening its restrictions on exchanges, and the Dash Latam community ceasing its operations. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. The Argentinian tax agency will apply taxes to operations with electronic wallets […]

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Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement

According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin Resource Guide for Educators Maker’s Multi-Collateral Dai Will Launch November 18 Decentralized finance project Makerdao is responsible for creating the cryptocurrency-backed stablecoin called dai. Initially, the project used ETH as a form of collateral in order to issue dai but the project revealed […]

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BitMEX Chaos, Cold Wallet Calamity, Germany Hates Crypto: Hodler’s Digest, Oct. 28–Nov. 3

BitMEX’s Twitter account is hacked after user emails leaked, and the CEO of a crypto exchange loses the password to a Bitcoin cold wallet. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week BitMEX investigating “extent of impact” after mass email leak Think you’ve had a challenging week? Spare a thought […]

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Bitfinex Crypto Exchange Moves $1.5M of Stablecoin to Bitcoin Sidechain

Cryptocurrency exchange Bitfinex moved 1 .561 million USDT from the Omni Protocol to the Liquid Bitcoin sidechain. Cryptocurrency exchange Bitfinex moved 1 .561 million Tether (USDT) from the Omni Protocol to the Liquid Bitcoin (BTC) sidechain. Bitfinex CTO Paolo Ardoino announced the U.S. dollar-pegged stablecoin’s protocol swap on Twitter on Nov. 2. The conversion increases the quantity of USDT available on the network after the stablecoin was first launched on the Liquid sidechain at the end of July. Ardoino said that the development will have a beneficial effect on […]

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Top-5 Cryptos This Week: TRX, BCH, HT, XLM, XMR

The top-performing cryptocurrencies are showing signs of profit booking at higher levels and this suggests the market is in a consolidation phase. The crypto space is taking a breather after the recent sharp run. However, Binance CEO Changpeng Zhao (CZ) recently tweeted that he is positive that Bitcoin (BTC) will resume its rally to $16,000 “soon-ish.” This suggests that CZ believes the market has bottomed and is in the process of resuming the uptrend. Furthermore, the long-term price action of Bitcoin shows that it has outperformed the […]

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Satoshi ‘Nakamolto’ Emerges With Great Hair and Questionable Claims

A viral video taken at a Las Vegas event has put self-claimed “Bitcoin co-founder” Jörg Molt in the spotlight this past week. A Twitter user in the space known for hair trigger accusations calls Molt a scammer in the video, and Molt proceeds to knock off the guy’s baseball cap. Amusing as the sophomoric dumpster fires of crypto Twitter may be, Molt’s story is illustrative of all-too-common behavior in crypto worthy of focused caution. Before forking over fees for Molt’s Satoshi School courses or bitcoin branded champagne, […]

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Not a Fee, But ‘Long-Term Payment’ — How Crypto Exchanges List Tokens

Even though cryptocurrency exchanges claim to not call them listing fees, they still accept payments before adding tokens to their platforms. Visit the website of any stock exchange platform, like the Nasdaq or the New York Stock Exchange, and the listing fees for new companies are there to see. There is hardly any controversy when it is clearly stated like this, but the same cannot be said for the cryptocurrency space. Here, numerous reports show that crypto exchanges are being decidedly opaque about the structure of their […]

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