A California federal court has affirmed the legitimacy of the U.S. tax authorities’ summons for data from crypto exchange Bitstamp in connection with an individual tax reporting case. A California federal court has affirmed the validity of the United States Internal Revenue Service’s (IRS) request for data from crypto exchange Bitstamp in connection with an…
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Next year is to be crucial for the crypto industry in Europe, when the EU Fifth Anti-Money Laundering Directive will be transposed into the national legislation of each EU member state. In January 2020, the regulatory landscape for crypto businesses will completely change in the European Union in comparison with the last decade — and…
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Cryptography is the cornerstone of informational security, but not everything is entirely secure in the world of cryptocurrency. Crypto-exchanges are still subject to fairly regular attacks and hacks, while even cryptocurrencies are confronted with the rare 51% attack. How will this picture change in 2020 and the coming decade? Well, as crypto grows further and…
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The settlement of monthly futures contracts points to bullish short-term performance for Bitcoin, which has already begun reversing its downward trend. Bitcoin (BTC) is statistically likely to gain in the coming week as a new futures expiration event comes and goes, according to new data. Compiled by trader an analyst Luke Martin on Nov. 25,…
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Disclaimer: The text below is a sponsored article. _________ Blockchain is revolutionizing the world, one industry at a time, and betting is certainly no exception. One of the companies helping build a decentralized future is Betmatch, an online betting platform that utilizes blockchain in order to remove the need to trust third parties. This helps…
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Resistance closer to $8,000 remains but a bearish reversal back to the $6,000 range has yet to materialize, boosting trader sentiment. Bitcoin (BTC) inched closer to $8,000 on Nov. 29 after maintaining its previous gains for another day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin settles above $7,500 Data from Coin360 showed BTC/USD avoid a…
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The Cryptoworld was hit this week with major news that Upbit lost ETH 342,000 (USD 53 million). The week started badly with BTC tumbling below USD 6.7K, but it rallied 10% some 7 hours later, with altcoins moving upwards too, then it dropped below USD 7K again and rallied another 10% two days later. Meanwhile,…
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Bitcoin price popped above the $7.8K resistance, opening the door for gains to $8K but bulls need to supply serious volume to break above the bearish rising wedge. Bitcoin price (BTC) is taking a bit of a breather after breaking flipping the $7,600 resistance to support during the morning trading hours of Nov 29. While…
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Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial…
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Bitcoin bulls will be buoyed by talk of the need for “a new, neutral global reserve asset” is rife at the heart of the traditional financial sector. Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial…
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