Update: On February 13th, Credit Karma reported that only 0.04 percent of Americans that have already filed their 2017 taxes had claimed their cryptocurrency gains and losses. With the entire cryptocurrency market starting at $18 billion in January and growing to over $600,000 billion by the end of the year, Credit Karma expected more individuals to be…
Bitcoin (BTC) has almost hit the résistance level of $10,000 in today’s trading. The market trends are steadily moving in favor of bulls following a horrible crash in the last couple of weeks. The main reason for this is said to be South Korea’s retraction from it’s earlier stance; authorities had previously threatened to forbid…
Bitcoin is back — the digital coin continued to recover and rose above $9,300 earlier today. BTC Now Up 12% Over Past Week Following yesterday’s run to $8,900, BTC recovered further today, surging past the $9,300 mark for the first time in two weeks. At the moment, BTC is priced at around $9,250, which is…
Switzerland just took the blockchain sector to a whole other level – enter the first tokenized car. What Happened? The world has now been informed that a Porsche dealer in Switzerland has teamed up with TEND, which is an ethereum-powered market, to put a luxury sports car on a blockchain. Not just any sports car,…
On Tuesday morning, BTC managed to bounce back to $8,900 and reached its daily high of $8,952.90. The coin is trading at $8,545.10 as of 12 PM EST, which means it rebounded by approximately 20% over the past week. Further Upside For BTC/USD With the price movements observed recently, further upside is expected for BTC.…
After wiping billions of dollars off the market in the last couple of weeks, cryptocurrencies extended the bull run regardless of the stiff resistance from bears. Bulls are firmly holding the market today; predicting that the price has hit the bottom of the selloff and will increase again. Last weekend was especially volatile; Bitcoin and other…
At this point, it’s fair to say the cryptocurrency industry is constantly evolving. Over the course of the past couple of months, we have seen a number of countries roll out new uses for virtual currencies. In Canada, for instance, individuals can now use Bitcoin to purchase meals from KFC. In Australia, travelers will soon…
It was announced yesterday that BitGrail, the Italian cryptocurrency exchange, lost 17 million of the cryptocurrency NANO (XRB). To date, the hack is worth over $170 million USD. A week ago, RaiBlocks rebranded to Nano and jumped in price nearly 40% in 24 just hours.The rebranding was highly anticipated by most in the project’s community…
Another day, another cryptocurrency announcement. At this point, most countries, cities, and states appear to be divided into two parties regarding the cryptocurrency sector: those who support it, and those who are against it. Today, we found out where the state of Arizona stands within this discussion. What Happened? Arizona appears to be team cryptocurrency.…
February 9, 2018 – Bitcoin price watch. On Friday, Bitcoin continued to rally despite the continuing stock market woes. Currently, BTC is trading at $8,547.10 as of 12:30 PM EST, which is near today’s highest point. Bitcoin On Upward Swing Looking ahead, it seems further gains could materialize for BTC. The price actions over the…
