Monthly Archives: November 2019

Crypto News From Turkey: Nov. 2-Nov. 9

Turkey’s president asks for completed testing of the digital lira by the end of 2020 as local fraudsters rake in 600 BTC among crypto news from Turkey this week. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Turkey, President Recep Tayyip Erdogan directed the government to finish testing a national central bank digital currency (CBDC) next year and a fraud saw up to 40 people losing 600 Bitcoins (BTC) — equivalent to roughly $5.2 million. Digital lira to be internalized next year The Presidential Program […]

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Tunisia to Launch E-Dinar National Currency Using Blockchain

Russian ICO startup Universa will issue and manage Tunisia’s central bank digital currency. Tunisia has become the first country to start moving its national currency to a blockchain platform. Russian ICO startup Universa will help issue and manage Tunisia’s Central Bank Digital Currency (CBDC), reported Russian news agency Tass on Nov. 7. E-dinar expected to be more transparent, cheaper to issue The Central Bank of Tunisia announced that the digitization of the Tunisian dinar has started and that the paper-backed CBDC will be issued on the Universa […]

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What to Expect From the Next Bitcoin Cash Protocol Upgrade

On November 15, shortly after 12 p.m., Bitcoin Cash (BCH) will execute an upgrade of the network’s consensus rules. After the upgrade is locked in, the next block will enforce minimal pushdata in script and the opcodes OP_Checkmultisig and OP_Checkmultisigverify will be upgraded to accept Schnorr signatures. Also Read: QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices Delivered Code Next Friday, Bitcoin Cash proponents will be watching the BCH chain upgrade the current consensus ruleset in order to add two new features. Developers have […]

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Her Majesty the Queen Rules Out Crypto as Currency

New U.K. crypto tax policy paper: Crypto is an asset and subject to capital gain tax. Only a few weeks after the United States Internal Revenue Service published new guidance for crypto taxation, the United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs, has updated its cryptocurrency taxation policy paper for businesses and individuals. The HMRC’s approach in this policy paper is, as expected, conservative, and it stands in line with other countries’ tax treatment for cryptocurrencies. The HMRC explicitly states that it does […]

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Bitcoin Price Hovers Under $8,800 as Top Altcoins See Minor Gains

Most of the top 20 cryptocurrencies are reporting minor gains as Bitcoin hovers under the $8,800 mark. Saturday, Nov. 9 — most of the top 20 cryptocurrencies are reporting minor gains on the day at press time, as Bitcoin (BTC) hovers under the $8,800 mark again. Market visualization courtesy of Coin360 Bitcoin price is currently up by 0.27% on the day, trading at around $8,795 at press time, according to Coin360. Looking at its weekly chart, the coin is down by almost 5.5%. Bitcoin 7-day price chart. […]

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For Initial Exchange Offerings, Liquidity is King

There are many benchmarks for measuring IEO success. Token price, community size, code shipped, and milestones met are all yardsticks for gauging the progress of a tokenized project. For projects seeking to create the biggest possible splash, however, liquidity is the crucial factor. The more exchanges an IEO reaches, the greater its prospects of survival. Also read: How Crypto Winters of Bitcoin’s Past Compare to Today Multiple Exchanges Multiply Projects’ Prospects Initial exchange offerings are big business: according to Inwara, IEO projects raised a cool $1.625 billion […]

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Are Bitcoin and Other Cryptos Back in a Bear Market After Latest Drop?

While the latest drop in Bitcoin price below $9,000 should not be a cause for concern when zoomed out, certain key levels must hold to renew bullish sentiment. On Nov. 8, Bitcoin corrected from $9,200 to $8,650, causing the market sentiment to shift from greed to fear once more.  The correction came after one of the biggest surges in the history of Bitcoin (BTC), which makes the sentiment shift curious. Let’s take a look at the market overview and analyze the charts. Crypto Market Daily Data View. […]

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Tether Supports Peter McCormack’s Defense Against Craig Wright

Leading stablecoin operator Tether now supports the defense of crypto podcaster Peter McCormack against self-proclaimed Bitcoin creator Craig Wright. Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright. General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart Hoegner, revealed on Nov. 8 that Tether also rejects Wright’s claims of being Satoshi Nakamoto. He explained: “Wright has had myriad opportunities to prove that he is Satoshi and has not definitively done so.” As Cointelegraph […]

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The Power in Energy, and How New Technologies Can Shift It

Emerging technologies have the potential to impact climate change and shift society’s makeup to be more sustainable and accessible to all. The world is slowly, but very surely, turning its attention to climate change, and to the human activities that are having the largest impact. The recent U.N. General Assembly on Climate Change broached these topics in detail, looking at how politics, economy and human activity need to change in order to limit the damage being done to the environment.  While industries such as oil and fashion leave a […]

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QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices

Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong, Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Brazil, Indonesia, and Georgia have joined the rate slashing party. Also Read: Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society The World’s […]

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