Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners

The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these traders from three local crypto exchanges. Also […]

December 11, 2019 | By | Reply | 0 Readers More
Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania

Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania

The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets, but that should not prevent them from entering the space in order to understand it. In an analysis dedicated to central bank digital currencies (CBDCs) released on Dec. 10, the Bank of Lithuania argued that banks should […]

December 11, 2019 | By | Reply | 3 Readers More
BTC/USD Nurtures A Potential Breakout Targeting $7,600

BTC/USD Nurtures A Potential Breakout Targeting $7,600

Bitcoin attempts a breakout from the falling wedge pattern. The buyers have no choice but to defend $7,200 support to avoid losses under $7,000. Bitcoin price action has been drab since the session commenced on Wednesday. The bulls are consolidating the losses, following the retraction from the recent high at $7,654. I expected the bulls […]

December 11, 2019 | By | Reply | 4 Readers More
Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun

Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun

On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong demand” for these products. Also read: Wisdomtree’s Physically Backed Bitcoin ETP Goes Live […]

December 11, 2019 | By | Reply | 4 Readers More
Bitcoin (BTC) Price Downside Thrust Underway, Bulls Struggling

Bitcoin (BTC) Price Downside Thrust Underway, Bulls Struggling

Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The […]

December 11, 2019 | By | Reply | 4 Readers More
Bitcoin Struggling At $7200 While Altcoins Recover From Sell-Off: Crypto Market Watch

Bitcoin Struggling At $7200 While Altcoins Recover From Sell-Off: Crypto Market Watch

Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%. Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow […]

December 11, 2019 | By | Reply | 5 Readers More
The State Encourages ICO Fraud. The Free Market Minimizes It  

The State Encourages ICO Fraud. The Free Market Minimizes It  

Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into the few sources of profit still available to them. […]

December 11, 2019 | By | Reply | 8 Readers More
Ethereum Ice Age May be Imminent If Miners Withdraw From Network

Ethereum Ice Age May be Imminent If Miners Withdraw From Network

The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a proof-of-stake algorithm takes place. In the lead-up to the Istanbul upgrade, implemented on Dec. 8, the Ethereum team decided again to postpone […]

December 11, 2019 | By | Reply | 10 Readers More
Zcash (ZEC) Blossom Upgrade To Improve Speed, Scalability and Capacity

Zcash (ZEC) Blossom Upgrade To Improve Speed, Scalability and Capacity

Zcash Blossom is the next major network upgrade of Zcash (ZEC) scheduled to activate today at block height 653600 in a couple of hours. This mandatory network upgrade is designed to improve the network scalability and user experience by cutting block times in half (to about 75 seconds), making transaction confirmations faster, doubling network throughput […]

December 11, 2019 | By | Reply | 10 Readers More
Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars

Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars

Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price movements, and shares some suggestions as to where the market might […]

December 11, 2019 | By | Reply | 10 Readers More