San Francisco-based cryptocurrency exchange Kraken has acquired Circle Trade, one of the most recognized over-the-counter (OTC) desks in crypto market that handled over $24 billion in volume in 2018. … [Read more...] about Kraken acquires Circle Trade
Bitcoin adoption in Australia
Bitcoin adoption around the world varies immensely. Various factors can contribute to this, from legal regulations, to media coverage, and general consumer awareness. … [Read more...] about Bitcoin adoption in Australia
Chinese miners control 65% of bitcoin network’s processing power
According to CoinShares research, China’s bitcoin miners now control almost two-thirds of the crypto-network’s hashrate, which is a general measure of the processing power of the bitcoin network. … [Read more...] about Chinese miners control 65% of bitcoin network’s processing power
German banks will be able to store and sell cryptocurrency since 2020
From January 1, 2020, German banks can support the sale and custody of bitcoin and other cryptocurrencies, local business newspaper Handelsblatt reported. … [Read more...] about German banks will be able to store and sell cryptocurrency since 2020
Binance acquires Indian crypto exchange platform WazirX
Binance, the top crypto exchange by trading volume, has acquired the well-known Indian crypto exchange platform WazirX. … [Read more...] about Binance acquires Indian crypto exchange platform WazirX
CME to launch bitcoin options in January 2020
The CME Group has announced January 13, 2020 as the date it expects to launch options on BTC futures. … [Read more...] about CME to launch bitcoin options in January 2020
Stellar Development Foundation burns over 50% of XLM token supply, deactivates inflation
The Stellar Development Foundation (SDF), an organization that supports the development of the Stellar blockchain network, announced it had burned over 55 billion XLM tokens. … [Read more...] about Stellar Development Foundation burns over 50% of XLM token supply, deactivates inflation
The world is no longer ignoring unpaid crypto tax
It isn’t a secret that the government has a serious grudge against tax defaulters. And their latest target? Crypto holders and investors. In the US, the IRS is already going after people who they believe have defaulted. Their strategies include sending out letters (about 10,000 of them) to crypto investors who they believe have been hiding their earnings through trading virtual … [Read more...] about The world is no longer ignoring unpaid crypto tax