Tag: Altcoin News

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Dogecoin Leads Market While Bitcoin, Ethereum Keep Their Uptrend

Bitcoin price remained in a bullish zone above the USD 62,000 level. BTC climbed further above the USD 64,000 and USD 64,200 levels. It traded to a new all-time high near USD 64,900 and it is currently (12:30 PM UTC) correcting lower. Similarly, most major altcoins are showing positive signs. ETH gained pace and it…
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South Korean City Goes to War with Tax Evaders, Will Seize their Crypto

The South Korean city of Gyeongju, in North Gyeongsang Province, has announced that it will investigate tens of possible cases of suspected tax evasion to see if high tax-band individuals are concealing their money in crypto – with token “collection and seizures” possible. Per Gugkje News, the city has stated that it has been in…
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XRP Rallies While Bitcoin and Ethereum Climb To New ATHs

Bitcoin price started a steady increase after it broke the USD 61,200 resistance. BTC cleared the USD 62,000 resistance and traded to a new all-time high. It is currently (11:30 UTC) trading well above USD 62,000 and it might extend gains above USD 63,200. Similarly, most major altcoins are trading with a positive sentiment. ETH…
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Impressed With BNB Rally? These CEX Tokens Jumped Even More

In the past seven days, several centralized exchange (CEX) tokens got ahead of binance boin (BNB), the native token of the major crypto exchange Binance – but their trading volumes are much smaller when compared to Binance’s giant. According to Coingecko, at 10:00 UTC on Monday, BNB stood on the 10th place per appreciation in…
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Crypto Market Sentiment Up Again, ChainLink Gets the Throne

Over the week behind us, the market sentiment continued to climb upwards, albeit in small steps, but also reaching a rarely seen number of individual coins in the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins stands at 6.27, up from 6.03 recorded last week, hence moving just…
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Bitcoin Cash From Hard Fork Is Taxable Income – IRS

Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS). The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to a request for information related to an…
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XRP Doubles as Ripple Scores Victory, ‘XRP’ Overtakes ‘Ethereum’ On Google

Ripple’s bosses have scored another legal victory in their already protracted struggle with the American regulatory Securities and Exchange Commission (SEC) – after a ruling magistrate judge upheld a bid to respect the privacy of the personal financial records of CEO Brad Garlinghouse and Executive Chairman Chris Larsen. And the (relatively) positive news has given…
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Settlement Is Most Likely Outcome in Ripple vs. SEC Case – Attorney

While XRP has muscled its way back into the top-four cryptoassets by market capitalization as Ripple scored an important victory in the court, the legal battle with the US Securities and Exchange Commission (SEC) is far from over and most likely will end with a settlement, per an attorney. According to Andrew Hinkes, attorney at…
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Tony G Invested in GAMEE

Antanas Guoga. As a founding shareholder of Cryptonews.com, Lithuania-based serial entrepreneur Antanas Guoga, also known as Tony G for his poker acumen, disclosed that he invested an unspecified sum in the GAMEE Token (GMEE) during its USD 2.2m private presale. GAMEE, a subsidiary of mobile games publisher Animoca Brands, describes itself as a high-engagement  Read…
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Bitcoin, Ethereum and Altcoins Move Higher, Dips Attractive

Bitcoin price gained momentum after it broke the USD 57,500 resistance level. BTC even cleared USD 58,000 and it is currently (12:00 PM UTC) trading above USD 58,250. It seems like the bulls are aiming for a test of the main USD 60,000 resistance in the next few sessions. Similarly, most major altcoins are gaining…
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