Bitcoin’s price action as of late has been quite ambiguous, with buyers and sellers largely reaching an impasse as BTC struggles to gain any decisive momentum The crypto did make an attempt to break above $40,000 yesterday, but the selling pressure here was significant and sparked a rejection Its price …
Read More »Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB
Altcoins have entered a slight correction after Bitcoin’s relief rally lost steam and the price dropped below $35,000. Source link
Read More »Could Mt Gox Be The End Of Yet Another Epic Bitcoin Rally?
For nearly as long as Bitcoin has been trading, its existence has been a thorn in the sides of crypto investors everywhere. And starting today, new investors in crypto may soon find out why veterans cringe when they hear the name: Mt. Gox. Find out why the infamous, original crypto …
Read More »Crypto Exchange Owner Sentenced to 10 Years in Prison for Multimillion-Dollar Scheme to Defraud Americans
The U.S. has sentenced a cryptocurrency exchange owner to 10 years in prison. He “knowingly and intentionally engaged in business practices designed to both assist fraudsters in laundering the proceeds of their fraud and to shield himself from criminal liability,” the Department of Justice alleges. Crypto Exchange Owner Sentenced to …
Read More »Coinbase users can now report their crypto taxes using CoinTracker
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before. Source link
Read More »A Debit Card for Your Coin with Folgory
An important event as occurred in not just the crypto world, but the entire financial market as news reports emerge of an agreement between Hashfort and Codego. According to Hashfort’s announcement, the company has acquired Codego to improve its value proposition and expand its presence in the payment value chain, …
Read More »Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues
Cryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According to the public apology, the U.S.-based crypto company said customers from …
Read More »ECB President Calls for Unified Global Regulation of Bitcoin
Christine Lagarde, the President of the European Central Bank (ECB), has said that there was a need for global regulation of bitcoin, as a unified cryptocurrency regulation would serve as a better alternative to cover any loopholes. Global-Regulation Necessary for Bitcoin Speaking in an interview at the Reuters Next conference …
Read More »CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency
A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the …
Read More »RiskStream Joins Forces with Liberty Mutual, Others, for DLT Proof of Insurance
RiskStream, Liberty Mutual, Nationwide and some other insurance market participants are developing a blockchain proof insurance solution. The team says the solution is designed to facilitate quick and seamless verification of insurance coverage, according to a LedgerInsights report on January 12, 2021. Simplifying Insurance Coverage Verification with DLT According to …
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