4-week correction for Bitcoin? Mt. Gox, Germany gov't add sell-pressure
Bitcoin price risks a potential fall below $60,000, due to Mt. Gox repayments and Germany’s government selling its 50,000 BTC.
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UK crypto advocates call for consistent policy after Labour landslide
At least one industry leader suggested that crypto policy in the United Kingdom would be “business as usual” despite the change in government.
El Salvador focused on bringing investment to Bitcoin City, says ambassador
The El Salvador official noted that the government is looking to attract more investments to its Bitcoin City with special incentives for businesses investing early. 408 Total views 6 Total shares El Salvador, the first nation to make Bitcoin (BTC) a legal tender in September last year, is currently focused on building a Bitcoin City.…
Ukraine cancels token airdrop, reveals new NFT plans
Ukraine has received nearly $40 million in crypto donations, out of which almost $7 million came after the announcement of the now-canceled airdrop. 215 Total views 1 Total shares The vice prime minister of Ukraine informed the public on Wednesday that they have decided to cancel the airdrop for crypto donors that was announced on…
Price analysis 8/28: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS
In his speech on Aug. 27, U.S. Federal Reserve chairman Jerome Powell said that the central bank will allow inflation to stay above its 2% target level if the figure has been languishing below that level for a long time. Some analysts believe that this could mean no rate hikes for at least five years. In…
New Zealand introduces OECD crypto reporting framework in new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
Hong Kong-based AI startup SenseTime partnered with PBoC’s digital currency research unit to continue the development of the digital yuan. 1192 Total views 32 Total shares As China is moving forward with blockchain projects amid the COVID-19 crisis, the government has tapped another tech partnership to continue the development of China’s digital yuan.Domestic artificial intelligence…
MicroStrategy CEO offers to share his Bitcoin playbook with billionaire Elon Musk
Michael Saylor took to Twitter on Sunday, offering Bitcoin advice to the SpaceX founder 'from one rocket scientist to another.' 2245 Total views 31 Total shares Michael Saylor, the CEO who made a $425 million bet on Bitcoin earlier this year, is offering to advise Elon Musk on how to get started investing in crypto.According…
Where does this 28% Bitcoin price drop rank in history? Not even in the top 5
At 28%, this weekend's BTC price action was decidedly average compared to the cryptocurrency's run-up to 2017 all-time highs. 1071 Total views 6 Total shares Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context. As noted on Jan.12 by Nathaniel Whittemore, host of…