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Given the already high-profile nature of Justin Sun’s upcoming lunch with billionaire Warren Buffett, you might think he would play his cards close to the vest. Not Sun, who is milking the auction prize for all it’s worth. He announced on social media that he’s selected San Francisco’s Quince, a “three-Michelin starred restaurant in…historic Jackson […]
The post Tron's Justin Sun Prepares Media Extravaganza for Warren Buffett Lunch appeared first on CCN Markets
By CCN Markets: U.S. citizens who have failed to report their income from crypto transactions or underreported such income now have every reason to worry. According to Bloomberg, the Internal Revenue Service has identified a couple of taxpayers who underreported their earnings from crypto income or completely failed to report such earnings. Taxpayers who have been identified can now expect to receive notices in the near future. Crypto users beware. IRS auditors are starting to look at your transactions. https://t.co/85P4uiBLQU — Ally Versprille (@allyversprille) June 20, 2019 The tax body employed its document matching program – a tool used on
The Russian Federation, which is yet to regulate digital assets, is now planning to allow four of its regions to test innovations that are not covered by its current legislation. A bill drafted by the Economy ministry envisages the establishment of regulatory sandboxes there. The special economic zones will allow companies, entrepreneurs and authorities to experiment with cryptocurrencies without breaking the federal law.
Also read: Russia Adopts Law to Isolate Runet From the Internet
Following their joint declaration committing to regulate crypto assets, the G20 countries are now preparing to set crypto policies at the upcoming summit. Several international organizations have contributed resources and are actively working to help shape the regulations.
Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request
The upcoming G20 summit will be held in Osaka, Japan, on June 28 and 29. Participants are 19 member countries, the European Union, guest countries and a number of international organizations. Following the members’ joint declaration committing to regulate crypto assets for AML and CFT purposes, several standard-setting bodies have contributed resources to help the G20 set crypto policies. According to Japanese media, the countries are expected to agree upon new crypto-related regulations at the summit.
EOS (EOS), the fourth-largest cryptocurrency with a $ 2.5 billion market cap, surged nearly 25% last week as the crypto market rallied on the back of Litecoin’s (LTC) unexpected breakout. You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed […]
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Chart for BTC/USD (1M)
Bitcoin (BTC) volatility has now reached record low on major exchanges. The price is preparing for a reversal and risk taking has returned to the market. We have seen most altcoins rally against Bitcoin (BTC) the past 48 hours. This further confirms our view that the trend is about to reverse and Bitcoin (BTC) is going to enter a period of gradual ascend. As we have seen in the past, this is the period where most altcoins rally against Bitcoin (BTC). The same has started to happen this time and the altcoin market confirms it. This means that all those people waiting for Bitcoin (BTC) to make a 5x or 10x moves from here on out to reach a new ATH is not going to happen. Instead, altcoins are going to have their rally first.
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, will list Litecoin (LTC) Saturday after receiving approval from the New York State Department of Financial Services (NYSDFS). We are pleased to announce that @litecoin (LTC) is now available on Gemini! Starting tomorrow, we will begin accepting Litecoin deposits, and trading will open across all currency pairs on […]
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Yorkshire-based championship football team Hull City may be about to change hands as international bidders make their interest known in what is being referred to as a takeover in the UK media. Last weekend Paul Duffen, former chairman of Hull City AFC, announced his intention to buy the club with the backing of Saudi Arabian
The post Crypto Firm Prepares £45 Million Bid on Hull City Football Club appeared first on CCN
Even though the previous week has not resulted in any real momentum for the Dogecoin price, this week is already off to a different start. Thanks to a small gain in USD and BTC value, it becomes apparent DOGE is enjoying the semi-bearish spell keeping all top crypto markets in its grip. There is still a long way to go prior to noting strong gains, though.
Litecoin (LTC) appeared extremely weak when it fell below the 21 Week EMA. The decline was a very sharp and steady one. Debates over value proposition of Litecoin (LTC) began to surface and a lot of investors and analysts were convinced that Litecoin (LTC) might break market structure and fall significantly below $ 50. However, as the above weekly chart for LTC/USD shows, Litecoin (LTC) did an excellent job at not only defending key support levels but also forming a strong bottom.
Litecoin (LTC) has finally done it. The price has found a true bottom at the exact price of $ 50. This has been tested a number of times now according to the daily chart for LTC/USD above. Some might argue that finding a bottom is a process and not a price target. I agree with that in the case of Bitcoin (BTC) but Litecoin (LTC) seems to have found a bottom in terms of price.
Continue reading Litecoin (LTC) Bottoms Out At $ 50, Prepares To Begin A New Trend at Crypto Daily™.
The head of the Philippines’ Securities and Exchange Commission (SEC) is targeting draft rules for domestic cryptocurrency exchanges within weeks ahead of finalizing regulations later this year. Cryptocurrency exchanges in the Philippines could soon operate as regulated trading platforms as authorities proactively seek to both protect investors and enable an inclusive ecosystem for cryptocurrencies to
The post Philippines Prepares to Regulate Cryptocurrency Exchanges as Trading Platforms appeared first on CCN
Litecoin (LTC) is trading in a falling wedge with the possibility of a breakout in the weeks ahead. The above daily chart for LTC/USD shows that Litecoin (LTC) has almost reached the extent of its movement within the falling wedge against the US Dollar (USD) and is now likely to test the downtrend resistance. However, before testing the downtrend resistance, it will have to break past the 21 EMA which has served as a support turned resistance since the beginning of the correction.
Blockchain OTC trading platform ‘Xtock’ has announced the launch of its ‘teaser’ website. The company will be providing a blockchain based OTC token, which will be based on off-the-shelf, real-time financial and corporate data solutions.
Xtock stated that the database and evaluation platform will allow businesses, as well as users, to connect more effectively and efficiently. Xtock will provide liquidity, transparency and funding opportunities by tokenizing companies, evaluated by raw data analytics, and driven by artificial intelligence, government & national credit rating agencies. Xtock is a reverse TGE that is based on pre-existing fintech and digital lending services.
Bitcoin’s price pullback is seen yielding a more sustainable rally to $ 8,000, according to technical studies.
CoinDesk
The long-awaited AirPod ICO is finally taking off! The team has announced that its pre-sale is going to start on May 29, 2018. The project introduces a revolutionary sleeping pod intended to improve your travel experience while at the same time providing you with means for stable yet profitable passive income.
AirPod Sleeping Pods will provide you with a reprieve from the hassle and bustle of the airport, allowing for a stress-free waiting time that you’d otherwise have to spend in all that chaos. These private, “capsule style” units are designed to be installed in public spaces, beginning with major airports throughout the entire world.
With digital currency gaining in popularity worldwide, additional mining operations and farms have started to appear despite looming bans on the practice.
While many see bans on crypto mining as a hindrance to entrepreneurship and the crypto space, in actuality, it’s an effort to protect and enhance cities, states, and countries’ natural, historic, cultural, and electrical resources.
ARK announced in November of 2017 that, whilst the ARK Network demonstrated a fast and reliable network with a committed community, it was to completely overhaul the ARK core code after identifying key elements within the core design that could be improved.
The final testing phase for ARK core V2 is underway and it is nearly ready for public testing on the Devnet. It is not clear for how long it will remain in testing, or when it will reach the Mainnet, but once public, the public will be invited to hack, test it, review it, report bugs and suggest improvements they wish to offer.
Islamic blockchain finance start-up Hada DBank successfully ended its Pre-ICO exercise on the 15th of March 2018, after a vote from its community for an additional two-week extension. 11.3 million HADACoins were sold, raising approximately USD3 million. Hada DBank achieved its targeted soft-cap and is now looking towards its main token sale event.
DESTO, the innovative mobile blockchain financial technology company, announces its forthcoming ICO. Their mission is to blaze a new trail within the financial world, by offering “cashless commerce” underpinned by blockchain technology.
Wilmington, Delaware, March 23, 2018, The core purpose of DESTO’s unique, accessible and inclusive payment alternatives is to provide financial enfranchisement to the 2.5 billion individuals around the globe currently without traditional bank access.
Its borderless financial services offering is being supported with its token, DEO. The company’s companion mobile payment solutions will be underpinned by blockchain technology via DESTO PAY and the DESTO APP.
