Warren Buffett recently said that he does not own any cryptocurrency, but Tron founder Justin Sun said that this is not the case. Warren Buffett recently said that he does not own any cryptocurrency, but Tron (TRX) founder Justin Sun begs to differ. Speaking to CNBC reporter Becky Quick on Feb. 24, billionaire Buffett said…
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Boerse Stuttgart has listed an exchange-traded product that is inversely correlated to Bitcoin’s price swings. Investors looking to short Bitcoin (BTC) have a new option in Germany. On Feb. 25, Boerse Stuttgart — the country’s second-largest stock exchange — announced the listing of an exchange-traded product (ETP) that is inversely correlated to the cryptocurrency’s price…
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Crypto-supporting banking app Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting…
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The Internal Revenue Service classifies crypto as property and now wants to know whether or not you acquired any financial interest from cryptocurrency in the last year. When you file your taxes this year, the Internal Revenue Service will ask you a simple question: “At any time during 2019, did you receive, sell, send, exchange…
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Justin Sun, the founder and CEO of Tron, the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin. Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin (BTC). In a Feb.…
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CEO and co-founder of major crypto exchange Binance Changpeng Zhao explicitly said that Craig Wright “is a fraud.” Changpeng Zhao, the co-founder and CEO of major cryptocurrency exchange Binance publicly expressed distrust towards self-proclaimed Bitcoin (BTC) creator and Bitcoin SV (BSV) founder Craig Wright. In a tweet published on Feb. 24, Zhao explicitly said that…
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Crypto entrepreneur Tyler Winklevoss is reportedly the owner of the world’s most expensive ticket to space, which he bought for Bitcoins now worth $3 million. Tyler Winklevoss, a billionaire Bitcoin (BTC) investor and co-founder of cryptocurrency exchange Gemini, bought the world’s most expensive ticket to space. The purchase was made back in January 2014, according…
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A New Jersey lawmaker files a bill for new regulations in the virtual currency industry. The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate. Assemblywoman Yvonne Lopez proposed the Digital Asset and Blockchain Technology Act on Feb. 20. The legislation would…
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To avoid recession of national economics Turkey is planning to become the crypto and blockchain hab in Eurasia: What has been done and what to expect in the future? Turkey is making huge strides toward becoming one of the world’s premier locations for blockchain and cryptocurrency adoption. A nation that has often been seen as…
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Communities underserved by traditional financial institutions may find the opportunity for upward mobility in Bitcoin. The issue of race when it comes to cryptocurrency is a sensitive one, and not without reason. The African-American community is largely born at an economic disadvantage, with a legacy financial system fueled by unethical practices like redlining, among many…
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