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Elon Musk voices his true thoughts on cryptocurrencies

The CEO of Tesla and SpaceX, Elon Musk, has been dropping hints of his interest in cryptocurrencies on his Twitter account for months, now. Of course, he never openly stated what he thought about crypto, nor that he is an...

Ripple Price Surges Nearly 4% On The IPO Claims

Ripple (XRP) price has surged more than 3.5% in just more than an hour on the claims of Ripple’s CEO that the company’s initial public offering (IPO) may be organised in the coming 12 months.  Fundamental analysis: IPO is a...

Japan might be considering its own CBDC — digital yen

According to a new report published by Reuters, Japan might be the latest nation in line to consider launching its own digital currency. The CBDC (Central Bank Digital Currency) trend was kicked off by China back in 2019, a few...

Binance Research: Ether was the most correlated crypto asset of 2019

The research arm of Binance, one of the world’s largest cryptocurrency exchanges, recently published a report stating that Ethereum’s Ether is the most correlated asset of 2019. Binance Research claims that ETH had an average correlation coefficient of around 0.69,...

Crypto exchange hacks stole over $280 million in 2019

Cryptocurrency exchanges have been one of the most popular targets for hackers over the entirety of the previous decade. With the end of 2019, researchers were finally able to obtain all the necessary data and assess the damage done to...

Bitcoin trading volumes declining across numerous exchanges

According to a recent review of top crypto exchanges’ performance in 2019, a crypto analytics site CryptoCompare has deduced that the trading volume has been on a significant decline in recent months. Meanwhile, when it comes to the derivatives market,...

The Reserve Bank of India denies banning cryptocurrencies

India is at an important crossroads right now, with a court case of the Reserve Bank of India vs Crypto being underway. As many likely remember, the RBI decided to issue a ban on cryptocurrencies in the country some time...

Payment processor BitPay added support for Ripple’s XRP

A major crypto payment processor, BitPay, recently announced that it is adding support for XRP — the third-largest cryptocurrency, created by Ripple. The announcement was published on January 21st, causing XRP to experience a minor price surge and attempt to...

Thailand’s and Hong Kong’s central banks join up to study CBDCs

Ever since the announcement of Facebook’s Libra, regulators and governments around the world started taking the concept and possibilities of digital currencies much more seriously. However, even their rush to regulate the sector can barely compare to the interest in...

US SEC makes a move against another ICO

The US Securities and Exchange Commission (SEC) continues its campaign against ICOs in 2020 as well. Recently, the regulator made another move against supposedly fraudulent Initial Coin Offerings which sold unregistered securities in an attempt to raise funds back when...

Libra Association loses yet another member — Vodafone

Facebook’s announcement of its own cryptocurrency, Libra, made quite a bit of commotion with countries, regulators, and even other companies around the world in 2019. The project seemed big, optimistic, and revolutionary at first, so it did not really surprise...

Bitcoin traders preparing for another go at $9200

Bitcoin has had a rather strong performance over the last few weeks, and its price surged by around $1500. The coin went from $7,700 to $9.200 during this time, although it quickly withdrew after running into a resistance at this...

New crypto-beneficial bill reaches US Congress

The US Congress recently saw an introduction of a new bill named ‘The Virtual Currency Tax Fairness Act of 2020.’ According to what is known about the bill, it could have significant consequences for the future of crypto payments. The...

Cardano Can Gain 20% In February

Cardano (ADA), the world’s 11th largest digital coin by market capitalization, has been making great strides recently, both price-wise and fundamentally. The upcoming hard fork and some interesting partnerships may further boost the ADA price.  Fundamental analysis: Hard fork approaching...

Bitcoin hash rate reaches another new milestone

Bitcoin has had a rather eventful weekend, which started with its price surging past $9,000 and reaching as much as $9.150, only to start spiraling down. The coin lost $500 by the start of the new week, dropping to $8,650,...

South Korea might put a 20% tax on profits made from crypto

According to a recent report published by Korea Herald, the country’s finance ministry is considering introducing a new tax on crypto-based income. From what is known right now, the tax on profits made from trading cryptocurrencies could be as high...

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