Monthly Archives: January 2020

Tax Agencies Step Up Efforts to Hone in on Crypto Tax Evasion

The U.K.’s tax agency is stepping up its blockchain analytics operations. If other countries follow, will it spell the end for anonymity in crypto? The year 2019, for a short while, raised expectations that stablecoins would bring about mass adoption of cryptocurrencies. 2020, however, seems to be dousing those hopes with ever-tightening regulation that is putting pressure on investors and companies alike. The first complication came only 10 days into the year. In early January, the European Union’s landmark Fifth Anti-Money Laundering Directive, or 5AMLD, was signed […]

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Blockchain and 5G: Greatest Promise Is to Transform the Developing World

The potential of new emerging technologies has its limits: Imagine the combination of the next-generation techs, such as blockchain and 5G, what would that really mean? The biggest topic in the mobile industry over the last few years has been 5G. In an industry that has been starved for innovation in this interregnum between the launch of the iPhone and the full-scale integration of next-generation technologies like augmented reality, artificial intelligence and blockchain, the introduction of the 5G network has become a sort of catch-all for carriers […]

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The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors

In late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet. Moreover, police are investigating two churches in New Zealand that allegedly have links to the Onecoin operation and founders. Also read: Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles After Onecoin Operations Implode in Cairns, Investors Accept They Were Scammed In 2014, Ruja Ignatova, Sebastian Greenwood, and Konstantin Ignatov launched a project called […]

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Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development

Litecoin creator Charlie Lee recently posited the concept of LTC miner pool donations to help boost funding. Litecoin (LTC) founder Charlie Lee proposed mining pool donations as a new funding method for cryptocurrency development.   “I think a better way to fund development is mining pools voluntarily donate a portion of the block reward,” Lee said in a tweet on Jan. 24, adding: “How about Litecoin pools donate 1% (0.125 LTC) of block rewards to the @LTCFoundation? If every miner/pool does this, it amounts to about $1.5MM donation […]

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CV Summit United Blockchain Leaders and Enthusiasts in Davos

CV Summit offered Davos attendees the chance to go deep on blockchain. If you wanted to go deep on blockchain at the World Economic Forum, you needed to attend the conference’s unofficial side events. Perhaps the largest of these crypto-friendly events was CV Summit, an all-day conference organized by CV Labs. The Switzerland-based organization (operated by CV VC) endeavors to offer crypto entrepreneurs whatever resources they need to succeed, from fundraising help to coworking space. On Thursday, January 23, that meant offering a full agenda of speakers […]

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Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts Bitcoin

Switzerland’s principal stock exchange, SIX Swiss Exchange, now has 12 cryptocurrency exchange-traded products listed. The latest addition, the 21shares Short Bitcoin, allows investors to profit from falling prices of the digital currency. Other listed crypto products include those that track the price movements of BCH, BTC, ETH, XRP, BNB, and tezos. Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies Newest Addition: An Inverse Product SIX Swiss Exchange has listed an inverse bitcoin exchange-traded product (ETP) issued by fintech […]

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Iran Issues More Than 1,000 Cryptocurrency Mining Licenses

The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies 1,000+ Licenses Granted to Miners An official with Iran’s ICT Guild Organization, Amir Hossein Saeedi Naeini, has revealed the state of the country’s cryptocurrency mining industry, the Financial Tribune […]

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Bitcoin ‘Needs More’ PR from People Like Peter Schiff: Binance CEO

Fresh from his dubious week in the spotlight after claiming to “loseâ€� his BTC holdings, Schiff is still saying Bitcoin investors are blind to gold’s benefits. Bitcoin (BTC) skeptic and gold bug Peter Schiff is unwittingly advertising the cryptocurrency’s virtues over other investments, says the CEO of exchange Binance. In a tweet on Jan. 25, Changpeng Zhao (known as “CZ” in crypto circles) argued Schiff was failing in sewing distrust of Bitcoin among social media followers and beyond. CZ: We need more “negative voices” “I think Peter […]

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EPIC: Bitcoin May Finally Get Schnorr! | Is The BCH Development Fund A Good Thing? | 10 ETH Giveaway

😀 ð�™�ð�™�ð�™–ð�™£ð�™  ð�™”ð�™¤ð�™ª ð�™�ð�™¤ð�™§ ð�™’ð�™–ð�™©ð�™˜ð�™�ð�™žð�™£ð�™œ! 🚩 Remember to subscribe and hit the bell “🔔” icon, so you don’t miss your daily cryptocurrency news! Become A Patron! â­� On Patreon – https://goo.gl/vpX5sW â­� On YouTube – https://bit.ly/2I4omX2 👉 Need help with cryptocurrency taxes? Receive a 10% discount off all TaxBit plans using this link: http://taxbit.com/invite/crypt0?fp_ref=crypt0 -~-~~-~~~-~~-~- ð�˜žð�˜¦ ð�˜¥ð�˜° ð�˜°ð�˜¶ð�˜³ ð�˜£ð�˜¦ð�˜´ð�˜µ ð�˜µð�˜° ð�˜®ð�˜ªð�˜¯ð�˜ªð�˜®ð�˜ªð�˜»ð�˜¦ ð�˜¢ð�˜¥ð�˜´, ð�˜¢ð�˜¯ð�˜¥ ð�˜¦ð�˜­ð�˜ªð�˜®ð�˜ªð�˜¯ð�˜¢ð�˜µð�˜¦ ð�˜´ð�˜±ð�˜°ð�˜¯ð�˜´ð�˜°ð�˜³ð�˜´ð�˜©ð�˜ªð�˜±ð�˜´ ð�˜°ð�˜¯ ð�˜µð�˜©ð�˜ªð�˜´ ð�˜¤ð�˜©ð�˜¢ð�˜¯ð�˜¯ð�˜¦ð�˜­, ð�˜´ð�˜° ð�˜µð�˜©ð�˜¢ð�˜µ ð�˜ºð�˜°ð�˜¶ ð�˜¤ð�˜¢ð�˜¯ ð�˜³ð�˜¦ð�˜­ð�˜º ð�˜°ð�˜¯ ð�˜µð�˜©ð�˜¦ ð�˜ªð�˜¯ð�˜§ð�˜°ð�˜³ð�˜®ð�˜¢ð�˜µð�˜ªð�˜°ð�˜¯ ð�˜ºð�˜°ð�˜¶ ð�˜¨ð�˜¦ð�˜µ ð�˜©ð�˜¦ð�˜³ð�˜¦. ð�˜�ð�˜§ ð�˜ºð�˜°ð�˜¶’ð�˜¥ ð�˜­ð�˜ªð�˜¬ð�˜¦ ð�˜µð�˜° ð�˜´ð�˜¶ð�˜±ð�˜±ð�˜°ð�˜³ð�˜µ ð�˜µð�˜©ð�˜ªð�˜´ ð�˜¦ð�˜¯ð�˜¥ð�˜¦ð�˜¢ð�˜·ð�˜°ð�˜³: â­� […]

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Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst

Even $AMZN performance in the 2010s keeps it firmly in line with traditional investments, while Bitcoin outperforms by an order of magnitude. Bitcoin’s (BTC) risk-return is a “different beast” compared to even the darling of the stock market of the 2000s, Amazon. That was the conclusion drawn by one of the cryptocurrency industry’s best-known analysts and the creator of a uniquely accurate Bitcoin price model. PlanB: Amazon “normal” compared to BTC Uploading a chart showing BTC risk-return versus Amazon stocks, U.S. bonds, gold and the S&P 500 […]

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