South Korea’s government plans to tax capital gains returns on cryptocurrency transactions. The South Korean government plans to tax capital gains on cryptocurrency transactions. A Dec. 9 report from The Korea Times reveals that a revised bill to introduce the measure will be drawn up by the country’s Ministry of Economy and Finance by the…
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Is Nordea Bank’s controversial Bitcoin ban protecting employees from themselves or using crypto as a scapegoat? An act of paternalism or a case of generic Bitcoin (BTC) distrust? It is hard to make out the exact reasons for Nordea Bank’s ban on its 31,500 employees trading in Bitcoin or other cryptocurrencies — even on their…
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Ethereum completes the Istanbul hard fork, analysts warn “the halvening” will be a non-event, and research suggests crypto will replace fiat by 2030. 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…
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As Ethereum successfully performs Istanbul hard fork, several crypto exchanges announced support for the network update. Following the successful Ethereum Istanbul hard fork update, several popular exchanges have announced their official support for the network upgrade. Yesterday, on Dec. 7, the Ethereum’s network saw ample collaboration between node operators and miners to update the software…
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Most of the top 20 cryptocurrencies are reporting moderate gains as Ethereum price seems unaffected by the hard fork. Sunday, Dec. 8 — most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as Bitcoin (BTC) hovers around the $7,550 mark again. Market visualization courtesy of Coin360 Bitcoin price…
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As the cryptocurrency market stagnates, Bitcoin is left vulnerable to miner capitulation, which could lead BTC to lower price ranges. The stagnation of the cryptocurrency market has put Bitcoin’s (BTC) price at risk of further decline, as it struggles to recover beyond key resistance levels. A descending price increases the probability of the so-called “miner…
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Voice, a social media platform developed by EOS creator Block.One, announced that it will launch in beta on Feb. 14, 2020. Voice, the social media platform first unveiled by EOS creator Block.One in June, announced that it will launch in beta on Feb. 14 — Valentine’s Day — in 2020. Voice announced the beta launch…
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Most of the top 20 cryptocurrencies are reporting moderate gains on the day, as Bitcoin hovers around the $7,550 mark again. Saturday, Dec. 7 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $7,550 mark again. Market visualization courtesy of…
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The U.S. SEC asked the U.K. authorities to force Telegram’s former chief investment advisor to testify in Grams tokens offering case. The United States Securities and Exchange Commission (SEC) asked the High Court of England and Wales to force Telegram’s former chief investment advisor John Hyman to testify in the case over the firm’s Grams…
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U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the country. United States Secretary of the Treasury Steven Mnuchin said that he and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the country. Mnuchin…
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