BitCar Co-founders Gov van Ek, and John Bulich will be greeting some of the thousands expected at the Goodwood Festival of Speed event later this week and showing how they can fractionally own a stake in a half million-dollar collector edition Ferrari 599 GTO on display. Having recently announced its mainnet launch on May 6th […]
The importance of reliable market data grows with rising cryptocurrency prices that inevitably attract more investors to the space. There is a wide choice of market cap aggregators, but some offer more rich functionality than others. Coincheckup is one good example of that.
Website Tracks Coins and Offers Research Features
Coincheckup is a free online platform which tracks over 2,000 cryptocurrencies and digital tokens, providing information about their prices and price changes for different time periods, market capitalization, 24-hour volume, circulating supply, and percentage off all-time-high.
Wednesday’s edition of The Daily charts the rise of blockchain phones and the effects they’re exerting on the tokenized assets supported by their built-in wallets. We also examine Europe’s favorite crypto card service, which is invading Asia and making it easier to cash out of cryptocurrency, and consider the similarities between crypto exchanges and banks in terms of assets under management.
Americans wagered $ 140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $ 5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U.S., though a Supreme Court ruling last year looks set to change that. In the meantime, decentralized protocols are making it easier than ever for cryptocurrency users to bet on a range of events including the Super Bowl.
Minisketch is a new solution that’s trying to solve an old problem.
Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node.
“Set reconciliation, in short, is the problem of trying to figure out what the differences are between two sets stored on different computers, while minimizing how much data needs to be exchanged between them. In particular, it’s trying to do so while sending less data than the entire set of data,” Wuille told Bitcoin Magazine
The US Securities and Exchange Commission (SEC) this week approved plans for public comment which would make it easier for investment companies to bring new exchange-traded funds (ETFs) to market. Could these new rules enable the creation of more blockchain-based ETFs?
The SEC’s proposed changes would remove the need for many ETFs to seek special permission from the SEC and is targeted towards what the industry describes as “plain vanilla” ETFs. The proposal met with unanimous approval from SEC commissioners.
New Rule Will Apply to Most ETFs
SEC Chairman Jay Clayton says the new rule would “level the playing field” and that:
As Bitcoin breaches fresh all-time highs, compliance with the tax authorities becomes a confusing, yet key, priority for anyone booking profits.
The Tax Man Cometh
With Bitcoin having broken the $ 10,000-mark yesterday and currently sitting just shy of that level as of the start of play on Thursday, many holders will be considering cashing out some of their portfolios and converting it to fiat so as to book profits on their longer-term coins.
Sure, the longer term hodlers will denounce the necessity to cash out but in reality, bills can’t be paid in crypto just yet (well, for the most part) and there is no shame in taking a few percentage points (or more) off the top of any holdings to mitigate risk a little bit.