Top Cryptocurrency News
Impending pennant breakout sets Bitcoin price back on the path to $14,000
Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000. As the weekend approaches, Bitcoin (BTC) price
How the IRS tracks down people who don’t report their crypto
The United States tax authority doesn’t seem to be very efficient when it comes to tracking down who owes crypto taxes — for now. Crypto income
Germany’s central bank is working on a blockchain project, but it’s not a CBDC
Bundesbank seems to be coyly flirting with blockchain technology. According to a public notice published in the Supplement to the Official Journal of the
The company that coined the term ‘hash rate’ is not concerned about its recent decline
Bitcoin’s hash rate is down on the year, though the price remains largely unaffected. Even though the Bitcoin (BTC) hash rate has experienced a sharp
Game review: Axie Infinity currently rules the Pay-to-Win-to-Earn roost
While it may seem like an expensive game, it is actually a relatively cheap way to get involved in NFT investing. The Pokemon-inspired Axie Infinity has
Here’s why Ethereum bulls don’t care about Friday’s $40M ETH options expiry
Despite $40 million in Ethereum options expiring on Friday, multiple indicators favor bulls as ETH 2.0 approaches. In the last few days Bitcoin (BTC) price
Chinese city seeks to power urban governance and more using blockchain tech
30 new blockchain adoption applications will be considered as part of the city’s two-year plan. Authorities in Chengdu, China plan to adopt
Binance CEO denies allegations that the exchange’s US arm is a regulatory decoy
“Binance has always operated within the boundaries of the law,” said CZ. Changpeng Zhao, CEO of Binance, is pushing back hard against allegations that the
Tax professional explains the most important thing for US crypto holders
Tax season is confusing, especially when it comes to crypto. Wendy Walker, solution principal at the tax compliance company Sovos, described reporting as
Declining DEX volumes reflect DeFi investors shift to Bitcoin, data shows
Steadily declining DEX trading volumes and disintegrating DeFi token prices suggest investors have shifted their focus back to Bitcoin. All eyes are set on
Digital yuan will combat US ‘dollarization’ says former PBoC governor
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan. China’s digital currency approach
Paxful launches crypto debit card in Mexico
The debit card was made possible thanks to an alliance with a Spanish neobank Bitcoin (BTC) P2P marketplace Paxful has partnered with Spanish neobank Bnext
COVID-19 forces Aussie stock exchange to delay DLT overhaul to 2023
“We have increased the scope of the project and extended the timeline,” said ASX CEO Dominic Stevens. The Australian Securities Exchange, or ASX, has
Bitcoin bulls set to defend $13K as $450M in BTC futures expire Friday
$450 million in Bitcoin futures are set to expire on Friday and data shows bullish pro traders are prepared to defend $13K. A total of 62K Bitcoin (BTC)
Avanti launches crypto-friendly bank in Wyoming
The Wyoming State Banking Board voted unanimously to grant Avanti a bank charter. According to an Oct. 28 announcement from Avanti, The Wyoming State
Loan refinancer and BitLicensee SoFi is clear to launch a national bank in the US
The new bank will be subject to heightened scrutiny from the OCC for at least three years. In an announcement on Wednesday, the Office of the Comptroller
Price analysis 10/28: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA
Altcoins took a serious hit as Bitcoin dropped below $13K today, meanwhile, BTC’s macrostructure remains bullish. The equity markets across Europe closed
Peru is studying crypto exchanges to figure out future laws
The pandemic is not stopping Peru’s lawmakers from testing ways of regulating the crypto industry. A Peruvian regulator authority said on October 26
Most DEXs are unsafe, alleges new report
Only two DEXs received high security scores, with most viewed as less than adequate. A recent report from Cer Live, a crypto exchange ranking platform,
Cambodia launches inter-banking platform that runs on blockchain
But don’t call it a CBDC, says central bank reps. Amid a global race toward central bank digital currencies, or CBDCs, Cambodia officially launched a
