After surging almost 36% in the past week, Tezos (XTZ), the best performing digital asset among the top 20 coins this week, is now ranked 11th by market capitalization (USD 1 billion), surpassing Tron (TRX) and Cardano (ADA). At pixel time (13:02 UTC), XTZ trades at c. USD 1.64 and is up by 7.5% in…
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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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Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27. Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27. In a press release on Dec. 9, the exchange said that the addition of options makes OKEx the “first crypto exchange to offer C2C, spot,…
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The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. According to a press release shared with Cointelegraph on Dec. 9, the Kansai Electric Power Co Inc…
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MATIC, the token of blockchain scalability network, Matic Network, is up by more than 170% in the past month. However, a similar trend can be noticed in certain other Binance exchange’s IEOs (initial exchange offerings). Meanwhile, Matic has been quite busy with recent developments, events and partnerships. At pixel time (10:30 UTC), Matic, ranked 54th…
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Shenzhen. China’s central bank, the People’s Bank of China (PBoC) is preparing to test the digital yuan in Suzhou and Shenzhen, with a pilot launch now “imminent,” per a new report. Media outlet Caijing Magazine says it has learned details about the pilot project, which it says is being jointly led by the PBoC, as…
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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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Bitcoin price could drop by 64% from here despite the May 2020 halving based on a historic indicator that suggests BTC may be in the middle of a bear cycle. As the Bitcoin price (BTC) begins to slowly ascend, the question on everyone’s minds is whether the latest bottom is in, or whether there is…
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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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