Tag: Bitcoin News

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UK Introduces New Crypto Tax Rulings, Says Bitcoin is not Money

The British government has updated its cryptocurrency tax rules, adding stipulations for businesses that work with crypto. Also, they stressed that they do not consider Bitcoin and other digital tokens to be money. The UK’s tax agency, the HMRC (HM Revenue and Customs) had already released a series of guidelines for individuals, which it also…
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Here’s How the French Gov’t Wants to Teach 16-year-olds About Bitcoin

Source: a video screenshot, Youtube, Dessine-moi l’éco French secondary school students will be learning about Bitcoin and other cryptocurrencies in class – after the country’s Ministry of National Education and Youth introduced worksheets and teachers resources for 16 year-olds learning about the financial system. The materials have been released on the ministry’s Eduscol portal, and…
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Coin Race: Top Winners/Losers of October, Bitcoin Price Back in Green

Well, it may be autumn in the streets, but that crypto fall that lasted for three months is over. At least for now. Unlike in September, we are seeing the market painted green this time around, with even Bitcoin (BTC) ending its losing streak. And just as they fall significantly, the coins tend to bounce…
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Bitcoin and Altcoins Sighting Next Significant Break

In the past few sessions, bitcoin mostly traded in a range above the USD 9,000 support levels. BTC/USD made a couple of attempts to start a fresh increase above the USD 9,300 and USD 9,400 resistance levels, but it failed to continue higher. Likewise, many major altcoins struggled to resume uptrend and either corrected further…
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This is How Bitcoin Has Changed in a Year

Today, Bitcoin (BTC) Whitepaper is eleven years old. From its 10th birthday, BTC has seen many of its network metrics increase by double digits. October 31st is a special day in the world for a number of reasons, but in the Cryptoworld it is a date that marks a pivotal event in its history –…
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Bitcoin and Altcoins Remain Supported On Dips

Recently, there was a downside correction in bitcoin below the USD 9,250 support area. BTC/USD tested the USD 9,000 support area and it is currently (08:00 UTC) consolidating losses. If the price breaks the USD 9,000 support, it could correct further towards USD 8,850 or USD 8,700. Similarly, many major altcoins are correcting lower and…
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Bitcoin and Altcoins In Corrective Decrease, Key Supports Nearby

After starting a downside correction, bitcoin price declined below the USD 9,500 and USD 9,350 support levels. BTC/USD is currently (09:00 UTC) trading below USD 9,250 and it seems like it could correct further in the near term. However, the bulls are likely to appear near USD 9,000 or USD 8,850. Similarly, most major altcoins…
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Bitcoin and Altcoins Remain In Strong Uptrend

Recently, there was a downside correction in bitcoin price below the USD 9,500 support area. However, BTC/USD remained well supported above the USD 9,000 and USD 9,050 support levels. The price is currently (09:00 UTC) moving higher, but facing a few key hurdles near the USD 9,580 and USD 9,650 levels. On the other hand,…
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Crypto Market Sentiment Back to Pre-Crash Level; Bitcoin Reigns Alone

It has been an interesting past week for the Cryptoverse, seeing both a crash and a rally. The combined 7-day Sentscore for the top 10 coins by market capitalization didn’t rise for the fourth week in a row, but it didn’t drop either. It’s still at 4.94/10, where we saw it last Monday, according to…
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Bakkt to Test a New Crypto Product With Starbucks

Bakkt, the recently launched Bitcoin futures trading platform, said they’re now focused on the development of a consumer app and merchant portal, “as well as testing with our first launch partner, Starbucks, which we expect in the first half of next year.” “Our vision is to provide a consumer platform for managing a digital asset…
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