Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many cryptocurrency businesses, and by accepting bitcoin and ether for tax payments, the canton aims…
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The Top 5 Products That Every Bitcoiner Needs
In 2012, Bitcoin Black Friday was launched as a way for Bitcoiners to hack the mainstream consumerism holiday and promote their favorite technology as a killer tool for payments and encourage merchant adoption. Thousands of merchants have participated by offering…
Three birds, one stone: Enhancing DeFi with political parties
Political parties on the blockchain could soon become a reality for the DeFi space. Meta-DeFi protocols are becoming increasingly popular following the success of Yearn.finance. The project is essentially a yield farming hedge fund that lets people participate in complex…
Bitcoin price dips below $10K as analyst eyes ‘dead cat bounce’
Bitcoin briefly reenters four figures before a bounce takes the market up $400 in minutes amid highly volatile conditions. Bitcoin (BTC) fell below $10,000 on Sep. 4 as selling pressure combined with strength in the U.S. dollar to spark more…
US SEC upgrades ‘accredited investors,’ puts financial knowledge first
The SEC amending its definition of accredited investors could have significant implications for regulated crypto token sales. The United States Securities and Exchange Commission has made changes to its definition of who qualifies as an “accredited investor,” likely broadening the…
What are social trading and copy trading?
There is a strong correlation between social trading and copy trading, though they are distinct in their own right and should not be mixed. Social trading can be described as those activities that engage or facilitate interactions among traders to…
Don’t panic? ‘Smart money’ whales are waiting to buy Bitcoin at $8,800
Whales are bidding $8,800 to purchase Bitcoin on major exchanges like Bitfinex following a sharp drop to sub-$10,000. The price of Bitcoin (BTC) abruptly declined by 10% in a single day on Sep. 4. Following the dip, the sentiment around…
Blockchain can shield banks from billion-dollar trade finance scandals, says exec
Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert. The pressure induced by the ongoing economic crisis, obsolete trade finance systems and mounting geopolitical tensions is pushing the international trade finance industry down…
Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks
Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says. Huge gains in stock markets despite the dire economic consequences of coronavirus may soon be a thing of the past, one analyst warns. In…
‘Decentralized Reddit’ enables users to secure Twitter on the blockchain
Discussions.app and Telos will collaborate on tools to record Twitter and other social media accounts and contacts to the blockchain enabling migration between platforms. Reddit-inspired social aggregation platform Discussions.app announced its expansion to the Telos network on Sept. 3. The…