About Author:
Anthonia Isichei
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
Once again, American customers are being denied access to some cryptocurrencies. Following a blog post on June 7, 2019, Bittrex announced that it would transition over 30 coins to its European affiliate, Bittrex International, an exclusive trading platform for non-U.S. customers. According to the announcement, U.S. traders had until June...
Cryptocurrency tax evaders may not be able to hide in the shadows any longer, as tax agencies are now on the alert. Countries like Japan and Australia have placed virtual currency evaders on their priority list and are seeking effective means to nab cryptocurrency tax offenders. This according to reports by The Sydney...
According to an online poll result released on June 1, 2019, statistics show that EOS account holders have voted in favor of a massive slash in the annual inflation rate, from five to one percent. The poll comes as a result of the excess inflation rate accumulated over time on the...
Liquidators of dissolved New Zealand-based cryptocurrency exchange, Cryptopia, released its first report on May 31, 2019. The report detailed the current state of the exchange along with its financial status and revealed a liability of over $4 million. $4.22 Million Outstanding Debt Following the liquidation of New Zealand-based cryptocurrency exchange, Cryptopia,...
In the wake of the current crypto spring, analysts and commentators have shown optimism for the crypto market and have made comments that generally reveal that bitcoin’s bull run is likely to skyrocket before the close of 2019. One of such commentators, Jehan Chu, in a recent interview with Bloomberg on May 28,...
Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble. Gold-Pegged 'Crypto-Ruble' a Possibility The Bank of Russia hinted at a meeting at State...
According to an article released by the European Central Bank (ECB), the cryptocurrency sector does not have a considerable influence to threaten the European Union (EU) financial sector. Global Government Forum reports that the existing regulatory framework helps manage risks associated with bitcoin and other virtual currencies. Cryptocurrency Won't Disturb Mainstream Finance...
The IRS appears to have listened to concerns raised by various parties concerning clear cryptocurrency guidelines. As Coincenter reports, the tax administrator responded to a letter by a bi-partisan group of the U.S. Congress, stating that it has made cryptocurrency tax guidance a priority and would release an upgrade soon....
PayPal's Peter Thiel and other early Block.one backers are in line to receive returns of more than 6,500 percent for their initial investments, Bloomberg reports. The cryptocurrency startup is looking to buy back ten percent of its shares. Meanwhile, hedge fund billionaire, Mike Novogratz's Galaxy Digital has already sold most...
A recent study by JP Morgan reveals that bitcoin’s recent price pump has caused the coin to surpass its intrinsic value. Per a report on Bloomberg, March 20, 2019, the strategists, however, warn that the BTC price surge echoes 2017’s bull rally which saw the market crash afterward. History Repeating Itself? U.S. investment...
