The Bitcoin ecosystem continues to be dominated by a handful of platforms and companies. Roughly 10.6% of Bitcoin’s (BTC) circulating supply is currently held on just five centralized exchanges, according to data published by Chain.info. More than 1.96 million BTC is currently held between the major exchanges Coinbase, Huobi, Binance, OKEx, and Kraken. Likely owing […]
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Author: Thomas_Prendergast
Spain’s new anti-tax fraud bill includes crypto implications. Awaiting parliamentary approval in Spain, a fresh bill draft intends to cut out illegal tax dealings, as first reported by Cointelegraph’s Spanish branch. This could mean smaller business transactions as well as mandatory crypto-asset reporting, even for assets held or transacted internationally. The "Draft Law on Measures […]
Continue Reading“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.” Countries representing the world’s largest economies said in a draft of a statement that they would initially oppose the launch of Facebook’s Libra project. According to an Oct. 12 report from Reuters, central bankers and finance ministers from […]
Continue ReadingLosses due to crypto scams are on the rise in Belgium. Belgium’s financial watchdog has reported scammers stole up to $12 million from investor in the country using fraudulent ads. In an Oct. 5 warning from the Financial Services and Markets Authority (FSMA), the watchdog estimated that investors in Belgium had lost at least 10 […]
Continue ReadingThe blockchain payments company said it unknowingly owns patents that expired before these were transferred to them. Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page […]
Continue ReadingThere may be fireworks. As the 2020 U.S. presidential election draws near, two crypto traders on Twitter shared their predictions for how Bitcoin's price could react to the event. "If we have a clear winner and an easy transition of power, I do not see much of an impact on the price per coin," trader […]
Continue ReadingThis Boring Project Will Turn All Other Blockchain Into Layer 2 Of Bitcoin Whether you are a Bitcoin Holder or not, you would have to spend 5 minutes getting to know this project that may change Bitcoin’s future. Suppose you are not only a holder, but also a Maximalist. In that case, congratulations, the Bitcoin […]
Continue ReadingAussie Millionaire Threatens To Sue The Guardian Over False Bitcoin Investment Ads After unsuccessfully battling The Guardian Australia to seize Bitcoin scam ads from appearing on its website, Australian entrepreneur Dick Smith has threatened to sue the media outlet.Australian multi-millionaire and electronics entrepreneur Dick Smith has threatened to sue The Guardian Australia. Smith has alleged […]
Continue ReadingThe upcoming U.S. election results can’t stop a fresh gold advance, one analyst says, while Bitcoin is also due fresh bullishness. Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin (BTC) targets $11,000. In an interview with the media division of precious metals giant Kitco […]
Continue ReadingPopular Analyst Claims Bitcoin Must Break Above This Level Or Risk Going Downhill After opening the month of October trading as high as $10,923, Bitcoin has dropped and has since been in consolidation between $10,500 and $10,600. Volatility has reduced significantly since then as the coin has been in consolidation and the price range has […]
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