Japan launches digital yen pilot project after second successful proof of concept
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Tax on income you never earned? It’s possible after Ethereum’s Merge
After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax season. Cryptocurrency forks, such as Bitcoin Cash, have created headaches for investors and accountants alike in the past.While there has been progress, the United States Internal Revenue Service rules still weren’t ready for something like the…
Is it a good time to buy nonfungible tokens? Expert answers
Ahren Posthumus said that it’s indeed a good time to buy but cautioned investors to double-check projects before putting their money into them. 457 Total views 20 Total shares As the floor prices of popular nonfungible token (NFT) collections took a nosedive along with the broader crypto market, an NFT expert believes that this is…
Square’s value could 5X thanks to Afterpay deal: Pomp
“Maybe you don't simply get a 20X the value of the business, but could you two, three, four or five X the business? Absolutely,” said Anthony Pompliano. 607 Total views 38 Total shares Morgan Creek Digital co-founder and Bitcoin proponent Anthony Pompliano thinks Square’s value could increase to $1 trillion following the firm’s acquisition of…
Report: Israeli Projects Raised Over $600 Million via ICOs as of Q3 2018
Israel-based projects have raised over $600 million through Initial Coin Offerings (ICOs) as of the third quarter (Q3) of 2018, according to report by cryptocurrency analytics firm One Alpha released Nov. 2.Per the research, 140 blockchain-focused companies in Israel have attracted $1.3 billion in investment, wherein more than 60 percent of companies and 88 percent…
Many JPMorgan clients see Bitcoin as asset class, says senior exec
“The volatility you see in it today just has to play itself out,” JPMorgan's director of asset and wealth management said. 440 Total views 1 Total shares Despite Bitcoin (BTC) not yet emerging as an “asset class per se,” JPMorgan considers it important to meet the demand for cryptocurrency investment, according to a senior wealth…
Geopolitical risks prevail as new players emerge in the crypto mining space
China is not the only country that wants control of this highly coveted industry. Taras Kulyk, Senior Vice President of Blockchain Business Development at Core Scientific, says that the countries competing to become leaders in the Blockchain space vary greatly in what they can offer to crypto miners.During an interview with Cointelegraph, Kulyk stated that…
Crypto Markets Recover $5 Billion Lost on Monday, Bitcoin Tests $3,900 Support
Tuesday, March 5 — crypto markets have seen a healthy wave of green, with all of the top 20 cryptos seeing a firm recovery after yesterday’s sell off, according to data from CoinMarketCap.Litecoin (LTC), the fourth cryptocurrency by market cap, is up almost 12 percent over the day, seeing gains of more than 13 percent…
Controversy as MakerDAO’s Spark Protocol blocks users with VPNs
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy.