Bitcoin price and volume have generally gone up on Valentine’s Day over the past five years as well as Ethereum and XRP prices. Bitcoin (BTC) has reached a record-high price for the year, and as the run-up to $10,000 occurred, Weiss Crypto Rating updated the asset to an A-. Recent news has also hinted at…
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Video game currencies have been stricken off an official IRS guidance as examples of virtual currencies, as the agency ups its scrutiny of crypto transactions. The Internal Revenue Service (IRS) removed wording on its website that put game currencies as examples of a convertible virtual currency. This clarification is important as a new tax filing…
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After gaining 92% in 2020, Ethereum price remains bullish in its USD and BTC pair as investors set their sights on $300. For the second time in two weeks, Ether price (ETH) has notched a new 2020 high. This time the surge from $217.83 to $253.79 occurred as Bitcoin’s (BTC) price reversed course from $9,700s…
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Bitcoin price enters what could be a brief consolidation phase but traders are keeping a sharp eye on the approaching weekly close. As Bitcoin (BTC) and Ether (ETH) price rallied to new 2020 highs on Feb. 11, a large transaction totaling nearly 12,000 BTC was moved from a wallet associated with the PlusToken Ponzi scheme. …
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Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar. Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar (CAD). Developed by Canada Stablecorp, a joint venture between 3iQ and Mavennet, QCAD is the…
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JPMorgan Chase, the U.S.’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with Ethereum-focused firm ConsenSys. The blockchain world may soon be seeing a major merger with the traditional financial sector. JPMorgan Chase, the United States’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with major Ethereum-focused firm ConsenSys.…
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ConsenSys is launching a new crowdfunding platform that focuses on jumpstarting a dedicated community, with Skale Network being its inaugural launch partner. Activate is making its inaugural token launch with Skale Network, according to a Feb. 11 press release. Activate is a token launch platform developed by ConsenSys Codefi, which seeks to jumpstart the actual…
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With the launch of Aztec, the Ethereum blockchain can finally become anonymous. What does this exactly mean, and how do we use it? On Feb. 1, part of the Ethereum (ETH) blockchain became anonymous. This is all thanks to the Aztec protocol that Thomas Walton-Pock and his team launched on the network’s mainnet last week. Aztec…
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The bulls are not waiting for a deeper correction before buying, which shows that the momentum remains strong and the uptrend intact. A report by investment management firm VanEck shows that Bitcoin can greatly improve the “risk and return reward profile of institutional investment portfolios.” The research shows that even a small allocation to Bitcoin…
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The blockchain ecosystem has begun to grow beyond what people thought it’s capable of. Here’s the definitive list of the best contributors. Last year was an interesting one for blockchain and cryptocurrency, contrasting with past years in ways that go far beyond mere finance. It was a banner year for the maturation of the whole…
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