The crypto exchange said the situation between Ripple and the SEC “will take time to reach a resolution.” Crypto exchange OKCoin announced it would delist XRP following the news that the United States Securities and Exchange Commission would be pursuing…
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Bitcoin whales are buying more aggressively since Christmas, data finds
High-net-worth investors, or whales, have been buying Bitcoin more aggressively since Christmas, on-chain data show. Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of…
Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown…
XRP price faces a rocky road to recovery ahead of SEC’s Ripple lawsuit
Though Ripple CEO Brad Garlinghouse is prepared to challenge the SEC over its lawsuit, the knock may be hard to come back from. Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on…
BlackRock is looking to hire a blockchain VP with experience in crypto assets
The world’s largest asset manager is looking to fill the role of vice president, blockchain lead. BlackRock Financial Management Inc., the $7.8 trillion asset manager, appears poised to expand its presence in blockchain and digital assets. According to a new…
Can blockchain technology make online voting reliable?
Blockchain could possibly help verify voter registration and audit results. The United States Presidential elections on Nov. 3 were contentious to begin with, but unfounded and inaccurate accusations of electoral fraud from the defeated President Trump cast a pall over…
Crypto taxes, reporting and tax audits in 2021
Just remember, the IRS is quite interested in crypto and is taking steps to unearth those who do not report. This year was like no other. Now that it has limped to a close and we look at the promise…
Price analysis 12/28: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, XLM
Bitcoin is taking a breather after the recent rally while altcoins are attempting to play catch up. Several central banks have resorted to unprecedented monetary expansion and aggressive rate cuts to support their respective economies badgered by the coronavirus pandemic.…
Marathon Settles Record-Breaking ASIC Acquisition, Buys 70,000 High Performance Bitcoin Miners
On December 28, the publicly listed firm Marathon Patent Group announced the purchase of 70,000 Antminer S19 bitcoin miners from Bitmain for $170 million. Marathon expects the shipments to complete in 2021, giving the mining operation over a hundred thousand…
Reader Survey: Bitcoin’s 2020 And 2021
In case you hadn’t noticed, 2020 was a bit wild. And many of the unprecedented events of the year directly impacted Bitcoin and its value proposition. A pandemic-driven wave of economic stimuli highlighted the need for a truly incorruptible store…