Bloomberg reported on May 22 that recognizing Bitcoin as a form of foreign currency may have an impact on the decision of the US Department of Defense (DoD) to recruit new employees. The Pentagon’s biggest concern is whether an investment in cryptocurrency indicates criminal intent or the tendency to increase dangerous personal behavior. This may…
Minneapolis Federal Reserve President Neel Kashkari has loudly discarded the cryptocurrency market’s potential to survive long-term, saying it has become a “farce” due to unregulated chaos and escalating fraud. Cryptocurrency market has been in the state of freefall over the last two weeks potentially die to experts bashing the markets. Bitcoin price (BTC) plunged below…
India Cryptocurrency Tax Proposal: India has proposed a crypto tax in the form of GST or the Goods and Services Tax. A proposal was created to implement an 18% GST on cryptocurrencies. India Cryptocurrency Tax Proposal Annonymous sources told Bloomberg that the India cryptocurrency tax proposal would consider cryptocurrencies as goods and, thus, taxable. Those…
IOTA (MIOTA) has been slow out the gates the past couple weeks, but it looks like things may be turning around. It’s true that, at press time, IOTA (MIOTA) is down nearly 20%, but that’s probably due to the crypto market decline. Right now, there is some trending IOTA news, and it’s likely to only bring…
Key Highlights: Bitcoin Cash is now on a bearish run, breaking below the pivotal $1,000 level. Just like with other major cryptocurrencies, BCH/USD is now on a long-term bearish trend. On the downside, BCH/USD could slide to $950 later this week. BCH/USD Breaks Below $1,000 On Wednesday morning, Bitcoin Cash broke below the pivotal $1,000…
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VeChain Thor [VEN] [VET] – The VeChain Foundation unveiled a few days ago, a new development plan and whitepaper for its project. Unveiling our “Development Plan and Whitepaper” with an updated governance structure, economic model, and new use cases. This piece will gradually be updated throughout its existence to reflect the goals and growth of…
Ashton Kutcher Donates to Ellen Wildlife Fund: It’s been a week since Ripple announced its Xpring initiative, and now, we’ve just seen some more Ripple news surface. This time, however, it involves actor Ashton Kutcher and television host Ellen DeGeneres. Ripple News | Ashton Kutcher Donates to Ellen Wildlife Fund On Wednesday, Ashton Kutcher was…
The Government of the Marshall Islands is becoming a world reference in the adoption of cryptocurrency thanks to the official promulgation of the Declaration And Issuance Of The Sovereign Currency Act. A legal tender cryptocurrency that could change the current situation regarding the valuation of cryptocurrencies. According to information revealed by Ran Neuner, Host of…
Monero (XMR) lead Riccardo Spagni, also known as “Fluffypony”, is joining forces with Dan Teree and Naveen Jain. Together, the trio is creating a brand new blockchain that will sell event tickets for the benefit of the event producers. The new venture is called the Tari Blockchain. The Tari Blockchain The point of this new…
On Wednesday morning, Bitcoin price slid down below the critical $8,000 price point and is now sitting closer to $7,600. The previously established $8,100 support level was unable to hold. Over the past seven days, Bitcoin value plunged by nearly 8%. BTC/USD On Long-Term Bearish Trend Today’s freefall is a big indication that Bitcoin could be…
