Cryptocurrency News Ethereum

How This Solution Could Unlock Massive Adoption For Ethereum

Ethereum has had a couple of miserable years in terms of price but development on the world’s largest smart contract and dApp platform has continued. Speed and scalability are the keys for mass adoption and a solution is already being developed. Ethereum Evolution Ethereum’s infighting in 2016 and 2017 has been replaced by co-operation and Read more…

Bitcoin Cryptocurrency News

3 Reasons why Bitcoin Market could be Worth $1 Trillion this Year

Bitcoin price predictions are always a point of contention. They have ranged from mind-blowing seven-figure surges to more sedate extrapolations of current market conditions. One industry executive thinks it is quite plausible for BTC to be $50k by the end of 2020 and here’s why. Speaking to Bloomberg, Nexo founder Antoni Trenchev said that company Read more…

Bitcoin Cryptocurrency News

Germany To Issue Crypto Regulations On January 1 2020

The Amended Directive to the Fourth EU Money Laundering Directive will go into force in Germany on January 1, 2020. Some of the key changes affect how the German Banking Act and Payment Supervision Services Act relate to crypto. Crypto-Assets Are Now Financial Instruments The new law defines crypto-assets in a somewhat unwieldy manner: digital representation Read more…

Bitcoin Blockchain Cryptocurrency News

BigTech Companies See Bitcoin Technology as Empowering

Social media giants are no longer opposing the power of decentralization and bitcoin technology. Instead, they are embracing it to solve the problems of a centralized Internet and put the power back in people’s hands. Bitcoin Decentralization ‘could unload some of their burdens.’ Since Bitcoin’s inception, many in the financial and technology sectors saw Bitcoin Read more…

Cryptocurrency News

ECB to Set Objectives for Own Digital Currency, Lagarde Suggests

The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting. What’s the Purpose of a Digital Euro? Earlier today, the ECB’s Governing Council met to decide the benchmark interest rate and the monetary policy. After the event, new ECB President Read more…

Bitcoin Cryptocurrency News

Bitcoin and Gift Cards Are Powering a Million Dollar Remittance Market in Africa

It was my junior year of college when I had my formal introduction to Bitcoin. On that bright but brisk autumn day in 2015, my buddies and I ventured into the lone drug store in the parish-pump, truckstop town that accompanied my woodland-tucked university.  Being one of the only convenience stores in town, most students Read more…

Bitcoin Cryptocurrency News

Korean Government to Tax Crypto Capital Gains from 2020

The Korean government is preparing legal tools to tax capital gains from the sale of crypto assets. Specialized legislation to target digital asset deals is expected to arrive from the tax season for 2020. Korean Authorities Hope to Tax Crypto Capital Gains Until recently, Korea was one of the most active markets for crypto speculation. Read more…

Binance Bitcoin Cryptocurrency News

Bitcoin Still King: Trading Dominance on Binance Remains Above 40%

Crypto exchange giant, Binance, recently published its monthly review which highlights that trading dominance for bitcoin has held above 40% for five consecutive months on the platform. Bitcoin Trading Dominance High According to Binance Research, bitcoin trading dominance represents the respective volume contribution from bitcoin trading, with it as a base currency, relative to the Read more…