Tag: bitcoin

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Binance Launches $216,000 Futures Trading Contest on Testnet Platforms

Binance launches two Binance Futures testnet platforms, inviting users to participate in trading and voting promotions. Binance has launched two futures testnet platforms — inviting users to participate in a 10,000 Binance Coin (BNB) trading competition. Two promotions during testing The major crypto exchange has launched two futures trading platforms named Futures A and Futures B in…
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After Sudden Slump Last Week, Bitcoin Breaks $10,000 Again

After a slump last week, the price of Bitcoin has again crossed the $10,000 mark in a recent rally. The price of Bitcoin (BTC) has rallied over the past few days and has again crossed the $10,000 threshold. Bitcoin 7-day chart. Source: Coin360 On Aug. 28, Bitcoin dropped $600 in the course of a half-hour…
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Coin Race: Top Winners/Losers of August

This year the fall came earlier than expected as August marked the second consecutive month of falling coin prices for cryptocurrency investors. The total market capitalization has shrunk more than USD 20 billion, leaving the vast majority of top cryptocurrencies bleeding. Nevertheless, August designates a much milder correction compared with the previous month, and bitcoin…
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Crypto Market Sentiment Remains Neutral

The average crypto market sentiment measure, Sentscore for the top 10 coins by market capitalization stands at 4.46 (neutral) this Monday, according to Omenics, a crypto market sentiment analysis service. Nine out of the top ten tokens remain in the neutral zone, with Monero (3.7) being the only one lurking in the “somewhat negative” category…
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Sierra Leone Aims to Finish National Blockchain ID System in Late 2019

The president of Sierra Leone said that the government is planning to introduce a blockchain-based ID system by the end of 2019. The government of Sierra Leone plans to fully adopt a blockchain-enabled national identity system by the end of 2019. United Nations involved President of Sierra Leone Julius Maada Bio reportedly claimed that the…
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‘Regulation, Funding and Uncertainty’ Rock S Korean Blockchain Market

South Korea’s blockchain industry is experiencing teething issues – while only 20% of domestic blockchain-related companies are actually selling anything, per reports. While some of the country’s biggest IT giants and banks forge away with big-name blockchain products and services this year, blockchain startups are beginning to struggle, according to an Fn News  Read more…
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ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’

European Central Bank key legal official Yves Mersch said that Facebook’s Libra stablecoin is “beguiling but treacherous.” Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday. Bloomberg reported on Mersch’s remarks in an article published…
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Bitcoin Wedge Pattern May Lead to New ‘Parabolic Phase’: Analysts

Chart analysts seem to be turning increasingly bullish on bitcoin, as several different approaches all suggest higher bitcoin prices may be right around the corner. Global Macro Investor founder Raoul Paul shared a bitcoin chart along with some encouraging words to all bitcoin holders out there. If you don’t have any bitcoin $BTC #bitcoin then…
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IRS Expands Penalties: Which Tax Mistakes Are Better Not to Commit

“Willful” vs. “non-willful” tax flubs with crypto transactions have huge consequences with the IRS. Willful and non-willful tax flubs are different. Taxes are complex, and innocent tax mistakes can often be forgiven — maybe with no penalty. Even if there is a penalty, non-willful is vastly lower than willful. In a criminal tax case, this…
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Tron CEO Justin Sun Accused of Buying 5,000 Twitter Followers Per Day

Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. In a tweet posted on Sept. 1, Rager claimed: “Looks like you’re still buying 5,000 to 6,000 followers per…
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