USA

Following a recent speech by Chinese President Xi Jinping in support of blockchain technology, the number of WeChat searches for “bitcoin” has more than doubled. At the same time, the number of requests for the word "blockchain" increased by almost 12 times. WeChat searches (10/23/19): – 区块 链 (Blockchain): 777K – 比特 币 (Bitcoin): 572K WeChat searches (10/25/19): – 区块 链 (Blockchain): 9.2MM […]

Bitcoin financial expert and critic Peter Schiff believes the technical picture of bitcoin looks “terrible.” A bear flag indicates a chance of falling to $ 6,000, according to his analysis. The Bitcoin chart looks horrible. Not only does the flag that followed the recent breakdown project a move to $ 6K, but we are close to completing the right shoulder of […]

The Poloniex cryptocurrency exchange announced a reorganization of the company structure and a number of other major changes. 5/5: Please read this blog post for additional information: https://t.co/jisUlJtq7L – Poloniex Exchange (@Poloniex) October 18, 2019 First of all, Poloniex will separate from the parent company Circle. As a result, a new company is formed – Polo Digital Assets, Ltd, which will be supported by a certain “large investment group”. […]

The United States Internal Revenue Service (IRS) has updated the most common form of income tax reporting to include a cryptocurrency clause. On Friday, the agency published a draft of the new form 1040. The annex to it now contains information on additional income and other amendments. Irs New Form 1040 by ForkLog on Scribd This IRS project has been sent out to tax specialists […]

The United Nations Children's Fund (UNICEF) has established a cryptocurrency fund to accept donations in bitcoins and Ethereum. Digital assets will finance open source technologies for children and youth around the world. UNICEF became the first organization in the UN that transacts in cryptocurrency, the fund said in a press release. “If the digital economy and currencies have […]

The president of Norilsk Nickel, Vladimir Potanin, called bitcoin “a useful souvenir” and said that his company was in discussion with the Central Bank of the Russian Federation on the tokenization of various assets. According to CoinDesk, Potanin enthusiastically looks at the future of asset-backed tokens, similar to the one that Norilsk Nickel is preparing. In his opinion, their usefulness goes beyond speculative value. Cryptocurrencies, however, Potanin is not too […]