As the cryptocurrency market stagnates, Bitcoin is left vulnerable to miner capitulation, which could lead BTC to lower price ranges. The stagnation of the cryptocurrency market has put Bitcoin’s (BTC) price at risk of further decline, as it struggles to recover beyond key resistance levels. A descending price increases the...
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Bitcoin Hovers Under $7,550 as Altcoins See Moderate Gains
Most of the top 20 cryptocurrencies are reporting moderate gains on the day, as Bitcoin hovers around the $7,550 mark again. Saturday, Dec. 7 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $7,550 mark...
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SEC Requests UK’s Intervention to Force Telegram’s Advisor to Testify
The U.S. SEC asked the U.K. authorities to force Telegram’s former chief investment advisor to testify in Grams tokens offering case. The United States Securities and Exchange Commission (SEC) asked the High Court of England and Wales to force Telegram’s former chief investment advisor John Hyman to testify in the...
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Ghana Joins the Bandwagon — Plans for CBDC, Still Wary of Crypto
Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a CBDC pilot in 2020. Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a digital currency in the new year. Over the past five years, the West African...
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Ex Italy’s Economy Minister on ‘Transition From Old Coins to New Coins’
Former Italian minister of economy and finance spoke to Cointelegraph about his vision of the future economy and crypto’s part in it. During the Code4Future conference, the first event in Italy dedicated to the concept of open innovation held at the Talent Garden in Rome, the former Minister of Economy...
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Report: ‘Blockchain Is A Rapidly Maturing Technology in China’
According to a report by Forkast Insights, the research arm of Asia-based Forkast, blockchain is a rapidly maturing technology in China, “far beyond the experimental stage.” Forkast Insights, the research arm of Asia-based Forkast, took an in-depth, comprehensive look at how blockchain technology is integrated in China.On Dec. 5, Forkast...
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Ukraine Passes Law on Money Laundering With Crypto Policy Based on FATF
The Ukrainian government approves the final version of a money laundering law that will handle virtual assets and virtual asset service providers per FATF guidelines. The Ukranian government has approved the final version of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per...
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Brazil’s Tax Authority Fines Those Who Fail to Declare Bitcoin and Crypto
Brazil’s tax authority has implemented a new tax code that fines taxpayers who fail to declare their Bitcoin and crypto transactions. Brazil's tax agency, the Department of Federal Revenue (RFB), published a new tax code that specifies fines for taxpayers who fail to declare their Bitcoin (BTC) and cryptocurrency transactions.On...
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Blockchain Startup SpaceChain Sends Wallet Tech to International Space Station
Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station. Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station (ISS).As part of the CRS-19 commercial resupply service mission, a SpaceX Falcon 9 rocket is delivering SpaceChain’s hardware wallet technology...
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Price Analysis 06/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA
A rally could be on the cards as Bitcoin continues to lead the market and a few altcoins attempt to form a higher low. In its “Imagine 2030” report, Deutsche Bank strategist Jim Reid forecast that by 2030, digital currencies could replace cash. Reid said that in order for mainstream...