Category: Cryptocurrency

The Crypto Taxman is coming – Are you ready for him?
January 08, 2019 BY Valentina Kirilova

The Crypto Taxman is coming – Are you ready for him?

Tax time is coming, but unlike Winter in the popular series, Game of Thrones, it will not threaten mankind with extinction, but, perhaps, with financial ruin if you are unprepared. These words are especially relevant if you have invested, traded, or transferred the cryptocurrencies of your choice during the latest taxing period or before for…

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forex vs cryptocurrency trading
January 08, 2019 BY Mariela Naydenova

The cryptocurrency market - green all the way

In the beginning of the week, on Monday 7th, 2019, most of the top cryptocurrencies by market cap are seeing their prices go up. The gains, while moderate, have been seen in the last 24 hours. Bitcoin surpassed the $4,000 level. At the time of this writing, the price of the "people's currency" is $4,029,…

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Mt. Gox trustee granted another delay for distribution plan for victims
January 08, 2019 BY Mariela Naydenova

Coinbase suspends ETC trading because of a "hack"

The year has began and so have the attacks by cyber criminals. Coinbase, the US largest cryptocurrency exchange, was forced to cease the trading of Ethereum Classic after the network experienced unusual high hashing power. The burst was caused by an unknown miner. Coinbase has publicly announced through a blog post that they have detected…

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Integral volumes
January 07, 2019 BY Valentina Kirilova

Market Synergy goes live with institutional crypto connectivity to Bitfinex

Market Synergy can now be used by brokers and hedge funds, offering digital assets to their client base, for institutional standard cryptocurrency connectivity and security and take a FIX feed or ISP link to Bitfinex’s digital asset gateway. Institutional firms and professional traders can now connect to Bitfinex through Market Synergy.  Swiss-based Market Synergy was selected to design…

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10th birthday of bitcoin genesis block: Expert commentary
January 04, 2019 BY Valentina Kirilova

10th birthday of bitcoin genesis block: Expert commentary

Ten years ago on January 3, an anonymous figure dubbed Satoshi Nakamoto “mined”, or verified, the first block of transactions on the Bitcoin network. In the decade that followed, Bitcoin would face a litany of organized attacks, the price of the currency would collapse 4 times by upwards of 70%, and it would be subjected…

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DriveWealth and Vested Finance launch digital U.S. equities investment product in India
January 03, 2019 BY Mariela Naydenova

New York creates a cryptocurrency task force

While the US State of Ohio may have become the first US state to accept cryptocurrencies for tax payments, New York is the first state to form a special cryptocurrency task force that will study how to define, user and regulate digital coins in the most suitable way. New York State Governor, Mr. Andrew Cuomo,…

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Japan
January 03, 2019 BY Valentina Kirilova

Japan’s FSA dealing with 190 applications for crypto exchanges

The Financial Services Agency (FSA), Japan’s regulatory watchdog, like many other oversight agencies around the world, is doing its level best to deal with digital currencies in an accommodative way without stifling innovation. The job is going to get tougher. According to an unnamed FSA staff member, the regulatory agency has received 190 cryptocurrency exchange…

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