Japan slow to approve crypto ETFs, maintains strict tax, regulations

Blockchain software publisher, Block.one, announced on April 24 that the EOSIO Virtual Hackathon “Coding for Change” will officially launch on May 1, 2020.The primary purpose of the virtual hackathon, which will last until June 1, 2020, is to collect blockchain-based solutions that help solve new challenges in the post-pandemic world.The organizing company highlights that these…

If you’re looking at the price of Bitcoin (BTC), it’s hard to be bullish these days. The flagship cryptocurrency has once again broken below $40,000, with analysts foretelling of a much bigger decline in the weeks ahead. Unfortunately, many new investors forget to treat crypto as an exponential asset class and therefore, let short-term price…

United States news giant the New York Times (NYT) has evidently been hunting blockchain talent to develop a proof-of-concept (PoC) that will implement the tech in news publishing. The development was revealed in an NYT job posting on job listings site Glassdoor today, March 13.To press time, the original listing has been taken down from…

Major United States’ crypto firms such as Coinbase and Kraken teamed up to launch a rating system to jointly define which digital assets are securities.Crypto Ratings Council to launch on Sept. 30In a move to provide more clarity for what tokens can be traded without the supervision of regulators, major U.S.-based exchanges formed the so-called…

Bitcoin (BTC) traders remain sensitive even to small price movements as data shows liquidations climbing.As BTC/USD approaches $21,600 on March 9, those who are long BTC are seeing positions evaporate.Longs begin to disappear with BTC at three-week lowsDespite consensus forming around Bitcoin retesting $20,000, small shifts in price are still taking their toll on traders.According…

According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means retail traders and whales may be accumulating Bitcoin as they expect prices to rise in the future.Even though Bitcoin is…

Finance Redefined is Cointelegraph's DeFi-centric newsletter, delivered to subscribers every Wednesday.It seems that this week, finally, the community has had enough of Ethereum’s gas fees.That is obviously a bit of hyperbole, as gas fees are high precisely because people are willing to pay such a premium for Ethereum block space. But we’re seeing a kind…

A trust has sued businessman, Brock Flagstad, over allegedly misappropriating over $2 million in funds that were purportedly designated for cryptocurrency trading.Despite Flagstad soliciting the funds for the purpose of digital asset trading, the James Streibich Revocable Trust accuses the businessman of siphoning money from the investment to fuel an exorbitant lifestyle involving private jets…