Crypto News
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The big cryptocurrency exchanges can’t accept new users
Cryptocurrencies have become so popular lately that the demand for them has overloaded many cryptocurrency exchanges. Because of the massive influx of new users, some of the most popular exchanges like Binance, Bitfinex, and Bittrex have had to suspend new user registrations. In the second half of 2017, cryptocurrency exchanges posted record numbers of user […]
NYSE files for Bitcoin ETFs
Following the launch of Bitcoin futures by CME and CBOE exchanges in December 2017, we knew Wall Street was itching to get into the Bitcoin trading. We are now barely a week into 2018 and the New York Stock Exchange (NYSE) has already filed for permission to launch a number of Bitcoin-related exchange-traded funds (ETFs). As […]
Visa Cuts WaveCrest
Many users who have been looking forward to spending their newfound cryptocurrency based fortunes via a Visa backed debit card such as CryptoPay, Bitwala, TenX, Wirex and others, will be very disappointed to learn that they won’t be buying coffee with their crypto anytime soon. Cryptocurrency debit cards using the company called WaveCrest, have ceased […]
Indian Tax Authorities Closing in on Crypto Traders
Like everyone else, Indian bitcoin exchanges are confused about any applicable taxes on operating margins or revenues. They are making moves to seek clarity over taxation slabs. If applicable, exchanges could pay over $1 billion in taxes. According to Indian business daily Economic Times, seven of India’s leading bitcoin exchanges are planning to approach the […]
Why Ripple is against everything true Crypto community stands for.
Early innovators and investors, saw the technology behind Bitcoin as a global evolution of how we manage our wealth and conduct business, in the day to day lives. This technology called blockchain is greater than invention of the centralized internet because it is decentralized. Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point […]
What will crypto-currencies bring in 2018?
2017 was full of gains in crypto-currencies and many investors who stepped into crypto-trading made massive profits. Based on that we expect very interesting things in 2018. We believe that the volatility of the crypto-currency market will increase even more in 2018, as the rapid capitalization growth of late 2017 will attract even more retail […]
Will Tron take the throne?
TRON blockchain is designed to overcome the traditional internet by creating a free content entertainment system. It aims to make the payment, storage, development and credit sharing easy for entertainment enthusiasts. And it enables a person in one continent to purchase live entertainment from another continent. It helps overcome the traditional payment obstacles such as […]
Ripple rips past $3
Ripple continues to defy odds as it blasts past $3 and now has a market cap of over half that of bitcoin. At the time of writing this article, the value of each one of 38,739,144,847 premined XRPs is $3.75, giving it a market cap of $145,104,440,071. This places it firmly in the 2nd spot and […]
Cryptocurrency Influencers May Be Aiding Pump and Dumps
Cryptocurrency influencers on websites like YouTube and Twitter, hold a lot of sway over their audiences and must be very tempted to use it for their own gain or to sell it on to third parties. A simple mention of a coin can send prices soaring hundreds of percent in a single day. What’s to […]
Belarus Legalizes Cryptocurrencies and ICOs
The president of Belarus, Alexander Lukashenko, has signed the decree “On the Development of Digital Economy”. This gives the crypto-economy in Belarus a very welcome, official green light. Cryptocurrencies, initial coin offerings (ICOs), and smart contracts are now fully legal in the state and all crypto transactions and related income, including from mining, will be […]