The most important event of 2019 was the Bitcoin rally, which began in April. In addition, cryptocurrencies have become even more popular among both retail and institutional investors. Many experts said that cryptocurrencies in 2019 will be in the mainstream, and it seems that we are on the way to achieving this important goal. New type of trade BKCM supporter and CEO Brian Kelly called the year 2019 “turning point” for bitcoin, as the main cryptocurrency managed to significantly improve its position in global finance. Brian Kelly appeared on Fast Money (CNBC) and announced a “new form of trading”: “I’ve…
Author: BlockchainJournal
New Zealand took a significant step towards the adoption of cryptocurrencies: the authorities officially allowed people to pay salaries in bitcoins and other cryptocurrencies. Cryptocurrency Trading in New Zealand The country's tax service has officially recognized the income of individuals received in cryptocurrency as legal. In its statement, the tax authority clarified the taxation of digital currencies paid as salaries to wage earners. Tax in this case will be levied at a fixed rate. In addition, self-employed citizens who receive payment in cryptocurrency will not have to pay additional taxes at all. Inland Revenue Dept. by ForkLog on Scribd Also,…
Representatives of the US Securities and Exchange Commission (SEC) once again postpone their decision to promote three Bitcoin-ETFs on the American market. Offers sent to the SEC by VanEck / SolidX, as well as Bitwise Asset Managemen and Wilshire Phoenix provide for the launch of the first Bitcoin-ETFs in the US market. Final decisions on enhanced offers from Bitwise and VanEck / SolidX will be ready by October 13th and 18th, respectively. Wilshire Phoenix is expected to receive another decision by September 29th. Despite the fact that in the past few years many companies have tried to launch Bitcoin-ETF, the…
In its newsletter for customers, Goldman Sachs gave a bullish forecast for the price of bitcoin (BTC) . As follows from the publication, in the short term, Goldman Sachs expects to see bitcoin near the $ 13,971 mark. Goldman Sachs analyst builds his forecast based on the Elliott Wave Theory. According to him, with a high degree of probability, bitcoin will rebound from the level of $ 11,094 in the coming days. After this, the opportunity will arise “for at least one more leap to $ 12,916 and $ 13,971”. What is more surprising: that Goldman Sachs has a bullish…
The Argentine peso and government bonds plummeted amid the crushing defeat of incumbent President Mauricio Macri in the primary. Meanwhile, bitcoin at local trading floors is trading at $ 300 higher than the average market price, while at Localbitcoins – and at all at $ 1000. Note, international investors fear the victory of the candidate from the opposition alliance "United Front" Alberto Fernandez, who […]
Representatives of Goldman Sachs on the eve gave a bullish forecast for the BTC cryptocurrency – analysts believe that the rate may rise to $ 13,971. The forecast is based on the Elliott Wave Theory. According to analysts, the other day the Bitcoin rate is likely to go up from the level of $ 11,094, subsequently reaching $ 12,916 and $ 13,971. Meanwhile, a rollback from the levels indicated by analysts can be considered as an opportunity to invest in cryptocurrency against the background of a slight subsidence. On the eve of Goldman Sachs analysts also published their forecast for…
The Financial Anti-Money Laundering Measures Development Group (FATF) has denied rumors about the creation of a certain system for collecting and exchanging personal data of individuals engaged in cryptocurrency transactions. This was the organization’s senior analyst Tom Neilan in a conversation with Finance Magnates. Previously, this information was disseminated by several media with reference to the Nikkei Asian Review, however, according to Neilan, […]
The IBM patent, passed on August 6 by the US Patent and Trademark Office, relates to a blockchain- based browser. The application states that the browser collects preliminary information on page browsing sessions, then it is transferred to the p2p network for recording and storage. The collection of information depends on the type of view you are viewing. For example, viewing from a work or personal computer will require different settings. Types of stored session information include information about visited sites, bookmarks, task performance, geolocation, plug-in installation, and security updates. According to the company, the browser based on the blockchain…
South Korean Internet giant Kakao Corp has announced plans to launch a Klip crypto wallet. The Klip crypto wallet developed by GroundX, a subsidiary of the Kakao blockchain company, will allow its users to store Klaytn tokens (Klay's native tokens), as well as other digital assets using the Klaytn blockchain protocol. It is known that on the page to attract attention to the new project, it is already said that Klip's partner tokens are assets from Airbloc, Pebble and Spin Protocol. ?Klaytn Announces Crypto Wallet 'Klip'? Today, Klatyn's crypto wallet Klip's teaser website will open and we are happy to…
Bitcoin's price could drop below $ 11,000 over the next 24 hours amid increased pressure from sellers, CoinDesk Markets analyst Omkar Godbow said. So, on Saturday quotes broke the triangle model down, thereby strengthening the position of the bears, Godbow emphasized. The local level of support is now located at around $ 11,100, below which bears so far […]