News

Bitcoin To Explode To $18,000 Ahead Of Halving, As Probability Of New ATH Grows

Bitcoin has already had an explosive start to 2020, but the rocket ship is only just getting started with the cryptocurrency’s halving just “around the corner.” According to historical data, Bitcoin could rise to as high as $18,000 ahead of the halving, and with the probability of a new all-time high rising by the month, …

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Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business

Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due to dwindling trading volumes. Also read: Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep …

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BCH Latam: Creating a Viral Feedback Loop for Mass Adoption With Bitcoin Cash

This week news.Bitcoin.com spoke with George Donnelly from the BCH Latam initiative about his plan to help the people of Latin America “achieve greater individual liberty and prosperity.” Donnelly explained the BCH Latam initiative aims to generate greater financial inclusion through mass adoption systems and the organization’s gamified adoption app will help with this goal. …

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OKEx Expands Into India’s Crypto Market via Partnership With Local Exchange

Despite ongoing uncertainty regarding cryptocurrency regulation in India, major global crypto exchange OKEx has just made another push in the country’s market. On Feb. 14, OKEx partnered with India’s largest cryptocurrency trading platform, CoinDCX, to launch a new crypto futures product in India. As part of the partnership, OKEx will make a major step into …

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Digital Remittances Reach Record of $96 Billion YoY, High Fees Open Door for Cryptocurrencies

In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money …

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Despite Bitcoin’s Key Technical Correction, The 100 SMA Can Trigger A Fresh Rally

Bitcoin started a downside correction from the $10,500 area against the US Dollar. BTC declined below $10,200, but it is still holding the key 100 hourly SMA. Bitcoin price failed to climb above $10,500 and corrected lower against the US Dollar. There was a sharp dip below the $10,200 level before the bulls protected the …

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Watch Spencer Bogart and Jacob Canfield Debate if Bitcoin Will Top $20,000 in 2020

In this week’s crypto market update, Spencer Bogart from Blockchain Capital and Jacob Canfield from Signal Profits debate whether Bitcoin will top it’s all time high this year and if the halving is already priced in. Will all this talk of the halving finally convince host Giovanni Pigni to buy his first Bitcoin? Bogart explains …

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Bitcoin is About to Test a Crucial Support Level After Intense Overnight Volatility

Bitcoin (BTC) found itself caught in the throes of intense volatility over the past several hours, with its recent bout of sideways trading within the mid-$10,300 region resulting in a major overnight drop down towards $10,000. Bulls were able to push Bitcoin slightly higher after this drop occurred, with buyers ardently attempting to defend the …

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The Revival of General Partnerships in the Age of Tokenomics, Part 1

Adopted in England in 1890, general partnerships have become a near-forgotten practice in favor of other forms of doing business, but with the appearance of e-commerce, cryptocurrencies, tokenomics and global crowdsourcing, they may experience a comeback. This type of entity does not require incorporation — rather, it is based on a partnership agreement. Incorporating a …

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Bitcoin Won’t Surge Past $11k Just Yet: Indicators Show Vulnerability to Short-Term Correction

Bitcoin extended its rise towards the $10,500 resistance area against the US Dollar. BTC is now showing signs of exhaustion and it could dip a few points before continuing higher. Bitcoin price is struggling to gain momentum above $10,400 and $10,450 against the US Dollar. The price traded to a new 2020 high at $10,492 …

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US Defense Contractor Seeks Cryptocurrency Exploiters

BAE Systems, Inc., a United States-based contractor that provides support and service solutions for defense, intelligence, and civilian systems, is seeking cryptocurrency exploiters. BAE Systems listed an open position for so called cryptocurrency exploiters on employment-oriented platform LinkedIn. Those in the position are set to support a company’s client’s operational requirements in the Washington Metropolitan …

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