The IRS’ Fortnite Currency Tax Mishap Is a ‘Black Mirror’ Moment for Gaming
The IRS mistakenly classified in-game currencies as taxable for months. It removed this classification almost immediately after reports went live. This mistake hints at a dystopian future for in-game currencies. Imagine a world where not only your real-life purchases were taxed but also your in-game ones, like Fortnite’s V-bucks. We caught a little glimpse of…
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Bitcoin Cash (BCH) Price Surges 14% as ‘Halvening’ Nears
Bitcoin Cash led the cryptocurrency top ten on Wednesday with a 14% growth surge. BCH shrugged off fears of a community split over an arbitrarily imposed tax on miners. The coin’s “halvening,” or block reward halving, is scheduled for Apr. 8 – around a month before BTC’s. Bitcoin Cash (BCH) gained 14% on Wednesday, with…
Dutch letter-bomb blackmail campaign targets companies
Image copyright Dutch police Image caption Dutch police have warned companies to look out for padded envelopes with two stamps Police are investigating a spate of letter-bomb attacks on companies across the Netherlands.Four letter bombs have been found in the past two days.The head office of ING bank in Amsterdam was the latest place to…
$10,000 Bitcoin Looks Imminent Based on This One Crucial Chart
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Bankera Loans Introduces the Lowest Loan Minimum on the Crypto Lending Market
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‘Safe Haven’ Bitcoin Rockets Toward 3-Month High; Up 32% YTD
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BiKi’s Ethan Ng Addresses FOMO Over BTC USD10K Breach
13th February, 2020, Singapore – ‘Is the crypto winter over’ has been a common discussion topic amongst cryptocurrency traders over the past couple of years, as the markets have remained generally bearish in sentiment. The weekend’s BTC breach of USD10K, then the flash-crash to USD9.7K on Monday, with the subsequent rally to five figures again,…
Tether’s Growing Market Cap Is Ultra Bullish for Bitcoin
It’s common knowledge in the cryptocurrency world that bitcoin dictates the trend. New information suggests that bitcoin might be following the lead of a stablecoin. The correlation between BTC and USDT has been growing over the last 18 months and it shows no signs of slowing down. In the cryptocurrency world, it’s no secret that…
Blockchain: The revolution that hasn’t quite happened
Image copyright Getty Images Image caption Blockchain could offer a back-up to payment systems Imagine you are out shopping and get to the till but your card doesn’t work. It turns out that your bank has had a computer meltdown and none of its customers, including you, can pay for anything.But what if the till…
Beautiful Trendline Shows Bitcoin Is About to Explode in 2020: Travis Kling
Travis Kling shared a chart that showed bitcoin might be set for a bullish breakout in May 2020. Consider taking a contrarian stance because a post-halving dump happened in the past. Even if there’s a massive shakeout, bitcoin looks poised for a bull run this year. Bitcoin has been struggling to keep its bullish momentum…
Where Bitcoin Goes Next After This Week’s Stunning Rally
Many crypto analysts believe that bitcoin has already bottomed out. Bitcoin’s bullish price action is giving some traders the ammunition to predict a run-up to $14,000. Other analysts warn that investors should taper their expectations. Bitcoin is starting the year with a bang. The top cryptocurrency is up by over 17% year-to-date, and we’re just…
PawnHub Creates Waves As Hong Kong’s First Licensed Crypto Lender
PawnHub is a crypto lending firm based in Hong Kong, and is proud to be the first to obtain the proper licenses from the government of Hong Kong. In addition to this monumental achievement, PawnHub will be partnering with a leading US-based crypto custodian to provide up to $100 million of insurance coverage for clients’…
Japanese Bitcoin Exchange Goes Bust After a $700,000 Theft Coverup
Before Bitcoin firm CoinExchange closed its doors last year in October, an undisclosed theft had occurred a year prior. The crypto firm said the closure was purely a business decision. CoinExchange expressly ruled out a security breach as causing the closure. Was it an oversight or intentional cover-up? Two hackers who stole Bitcoin worth approximately…
Bitcoin Cash (BCH) Community Fractured by Sudden 12.5% Mining Tax
Bitcoin cash community splintered by 12.5% miners tax proposal. Tax plan will be activated via involuntary soft-fork on May 15. BCH users are furious with the sudden – and unavoidable – six month protocol change. Bitcoin cash miners will be forced to pay 12.5% of their mining rewards to a Hong-Kong based company, or else…
Peter Schiff’s Bitcoin Bashing Is Getting Absurd
Peter Schiff is once again targeting the number one cryptocurrency. His tweets are looking ridiculous as they are no longer based on sound logic. Some bitcoin traders are using Schiff’s tweets to time a possible bitcoin rally. Peter Schiff, the self-professed bitcoin hater, has been talking trash about the king of cryptocurrencies over the last…