Monthly Archives: April 2019

Number of Active Bitcoin Wallets Increased Prior to Crypto Market Surge

The number of active Bitcoin wallets increased two weeks before the recent spike in cryptocurrency markets. The number of active Bitcoin (BTC) wallets increased in the two weeks leading up to the recent cryptocurrency surge, Bloomberg reported on April 3. Citing market intelligence firm Flipside Crypto’s analysis, Bloomberg reported that a high number of digital wallets holding Bitcoin became active two weeks before the cryptocurrency market rally. Bitcoin skyrocketed on April 2, gaining 15 percent over the night and pushing over $4,500 for the first time this […]

More info

CoolWallet S Review: An ‘Everyday’ Wallet for Crypto?

The CoolWallet S, made by CoolBit X, combines hot and cold storage solutions, blending the mobility afforded by software wallets with the enhanced security features offered by hardware wallets. Branded as the “everyday wallet” for crypto users, the CoolWallet S is designed to be used on-the-go, allowing its users to track their investments, send and receive assets and instantly exchange currencies through Bluetooth-enabled, dual-device technology. The CoolWallet S retails at around $99. Unlike other hardware wallets on the market, its sleek design boasts not only the exact […]

More info

Brexit and April Fool’s Joke Possible Catalysts for Crypto Rally, Crypto Reporter Says

Hong Kong-based crypto reporter Eric Lam cites Brexit and a Bitcoin ETF joke as possible catalysts for the recent rally in crypto markets. Hong Kong-based crypto reporter Eric Lam believes nobody in the crypto industry has a good theory to explain the recent recovery of crypto markets. Lam shared his stance with Bloomberg on April 3. On Tuesday, April 2, shortly after the Asian markets opened, the price Bitcoin (BTC) unexpectedly rallied by 20 percent. Today the world’s top currency hit $5,000 for the first time since […]

More info

Op Ed: CCID’s Crypto Rankings Are Pointless (and They’re Not Official)

But what isn’t an opinion is the fact that the Chinese government had nothing to do with these ratings, despite the popular perception that it does. The government doesn’t sponsor the rankings, it doesn’t endorse them and it sure as hell doesn’t make them. You have to understand this in order to rationalize the congratulatory and reinforced cognitive bias that TRON, NEO and EOS bagholders must feel when these ratings come out. The latest iteration of CCID’s “Global Public Blockchain Technology Assessment Index” ranks EOS as the […]

More info

In Plain English: SEC Publishes Guidance on Tokens as Securities

The U.S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security. It’s the first major culminating work of the SEC’s FinHub initiative, a strategic group the commission launched in October 2018 to liaise with fintech and cryptocurrency companies and work toward more substantial regulatory guidance. This concrete framework comes after years of guidance by enforcement, wherein the SEC prosecuted ICO operators and token companies after their […]

More info

WEF Report: 40 Central Banks Are Considering Digital Currencies, Blockchain Tech

A recent report by the WEF states that at least 40 central banks around the world are currently or soon will be experimenting with central bank digital currencies. Dozens of central banks around the world are currently or soon will be experimenting with central bank digital currencies (CBDCs), according to a recent report from the World Economic Forum. Citing a January 2019 report by the Bank for International Settlements (BIS), the WEF states that at least 40 central banks across globally are conducting research projects and pilots […]

More info

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 3

Crypto markets have rallied recently in what some are calling the first signs of recovery in 2019. 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 showed a glimpse of its former self when it skyrocketed by about 20 percent on April 2. With no specific news responsible for […]

More info

Short-Term Crypto Losses Surged Fivefold in 1st Month of 2019: Credit Karma Tax

The Number of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged 521 percent over the same period in 2018. The amount of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged more than fivefold over the same period in 2018, the firm revealed on April 3. Credit Karma Tax, a tool launched by San Francisco–based personal finance firm Credit Karma back in 2016, offers a free tax filing service that can be […]

More info

Data Shows Short-Term Crypto Tax Filers Increase, But Lots of Investors Still Won’t File

According to personal finance firm Credit Karma Tax, filers who reported short-term capital losses for cryptocurrencies in the first month of 2019 jumped fivefold year-over-year. After the incredibly bearish crypto markets of 2018, data from early tax filers highlights the fact that more investors are claiming losses this tax season. However, a survey the company recorded back in November found that the number of people deciding not to file crypto taxes has increased. Also read: Bitcoin Cash Markets and Network Gather Strong Momentum in Q1 Tax Filers […]

More info

Bitcoin Surges Above $5,000, but the Bull Hasn’t Come Yet

This article was originally published by 8btc and written by Chloe Jiang. The price of bitcoin surged above $5,000 for the first time in 2019, bringing other major cryptocurrencies up with it. The collective market surged and broke the $140 billion mark for the first time in a week. Many investors who suffered from the crypto crash rekindled their hopes and now believe that the bull market is coming back. However, that may not be the case. For example, Zhao Dong, one of China’s most influential bitcoin […]

More info
1 2 3 5