Cryptocurrencies resumed the selloff after posting gains in the last three days; the market was jolted by several unpleasant reports that have long-standing implications on cryptocurrency markets. Today’s news involves the Internal Revenue Service. The Internal Revenue Service seems to be broadening their tax range; IRS is now looking to impose capital gains tax on all…
The cryptocurrency market saw some bright blue skies yesterday, as most coins were seeing gains. However, that only lasted briefly because this morning most of the market is back in the red. The G20 summit helped to propel crypto investors spirits as the countries came to the decision that immediate regulations on cryptocurrencies were unnecessary. Added…
Welcome to Day 7 of Crypto Madness! We at cryptocurrencynews.com, CCN, are pleased to bring the fans the ICO showdown. Today’s competitors: Bethereum vs. MEvU. Check out Day 6 of Crypto Madness The Rules Each match-up winner will not be based on the project’s specific concept, whitepaper, or team. Instead, in the ultimate test, the winner will be…
Bitcoin (BTC) has been ranging within a downtrend recently, but has recovered 50% from lows set in early February. The market cap now stands at US$151.48 billion, with US$3.26 billion traded in the past 24 hours. There was some buzz around cryptocurrency regulation at the recent G20 summit, held in Argentina this week. Ultimately, officials…
Blockchain has developed quite the reputation over the last year and a half. And why not? The blockchain is ten times more secure than other forms of data storage, primarily because it is virtually impossible to hack. However, the extra security has caused a number of problems for the blockchain sector, with the latest problem…
For all you unicorn lovers, there’s a new crypto game out that’s all about unicorns and it’s called UnicornGO. UnicornGO is combining the decentralizing forces of the blockchain with augmented reality. One day, you might even be able to control your virtual unicorn buddy with your mind. The premise is to collect unicorns, plots of…
Blockchain technology has begun infiltrating many different sectors of the world including finance, healthcare, gaming, supply chain and many other industries. Most recently, it has made its way into the betting world with MEvU. MEvU seeks to be a peer-to-peer decentralized network that allows individuals to bet on anything with anyone. Anyone can turn anything…
Twitter CEO, Mr. Jack Dorsey, said in an interview published today by the well-known British newspaper “The Times” that according to his predictions, Bitcoin will eventually dethrone the Dollar and the Euro from their position and become the most important currency worldwide. He said he believes that the globalized world is pointing towards the adoption of a single…
Bitcoin continued on its bull run from earlier this week and managed to return to the pivotal $9,000 level this morning. For the past two days, BTC/USD retracted about 30% of the recent price drop from a high of $11,660 (March 5). Furthermore, Twitter CEO Jack Dorsey came out today stating that he sees BTC…
Crypto’s in the green today! TRON (TRX), Cardano (ADA), and Nano grow – where will they stop? TRON (TRX) TRON is currently selling for $0.038705, which puts the coin up 13.13% in the past 24 hours. Source: CoinMarketCapLike many crypto coins, TRX started growing at the beginning of this week. TRON’s growth is likely related to…
