Thu, March 28, 2024

Ethereum trading

Samsung Blockchain Keystore and new opportunities

South Korean Technology Giant and Cryptocurrencies

Cryptocurrencies such as Bitcoin, Ethereum, and others gradually became part of the modern world. Crypto-related companies, as well as companies not directly linked to the crypto industry, have the opportunity to earn money thanks to this industry. However, crypto adoption is not an easy task, and international companies should work harder to speed up the …

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South Korean technology giant and Crypto

Samsung May Become One of the Biggest Drivers of Bitcoin

The South Korean technology giant Samsung may become of the biggest drivers of Bitcoin and crypto adoption. The world-famous company is willing to develop the crypto industry. Moreover, it has the capacity to play an important role when it comes to crypto adoption. Several days ago, Samsung unveiled its latest Galaxy smartphones S20, S20+, and …

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U.S. Internal Service and online gaming

U.S. Internal Revenue Service and Crypto Tax Reporting

U.S. authorities, more precisely U.S. Internal Revenue Service (IRS), updated its webpage. This routine decision at first glance contains good news for online gamers. They removed parts of the crypto tax disclosure guideline which classified game tokens as cryptocurrencies. The U.S. Government Accountability Office (GAO) stated that the IRS was not doing enough when it …

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Binance and African countries

The Price of Top Ten Cryptocurrencies in 2020

There are a lot of cryptocurrencies. However, Bitcoin retains the status of a market leader when it comes to market capitalization. Nevertheless, from the beginning of the year, other major cryptocurrencies except Stablecoin Tether achieved better results than Bitcoin. The price of Ethereum, which is a second-biggest cryptocurrency on the market, increased by 60% while …

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Cryptocurrencies and main challenges

The price of Bitcoin, Ethereum and Major Cryptocurrencies

Bitcoin is the biggest crypto money when it comes to market capitalization. This week, Bitcoin’s price approached $10,000. As a result, the price reached the highest point since October 2019. However, it failed to surpass the key threshold. It is important to mention that the price of cryptocurrency number one rose by almost 40% from …

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Crypto trading and new opportunities

Singapore and FATF Recommendations

Cryptocurrencies such as Bitcoin, Ethereum, and others are popular for several factors.  However, due to their decentralized nature, it is easier to use cryptocurrencies for illegal activities. Governments are trying to tackle these problems by introducing anti-money laundering regulations for crypto-related companies. Singapore became another country which decided to comply with FATF recommendations. The latest …

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Taxes and cryptocurrencies

Internal Revenue Service and Crypto Owners

The 2019 tax season in the U.S. starts on Monday. As a result, taxpayers will have to provide information about their assets, including cryptocurrencies. People should disclose information about any cryptocurrency transactions in 2019. It is a very important moment for the taxpayers, as they should be careful when it comes to reporting their crypto …

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Crypto industry and legal aspects

Financial Services Committee and Cryptocurrencies

Cryptocurrencies such as Bitcoin, Ethereum, and others offer several advantages in comparison with fiat currencies. One of the main differences is that central banks are not controlling the crypto money. There are some problems as well. Two days ago, the House Financial Services Committee (FSC) discussed some of those issues. The FSC subcommittee hearing was …

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Ethereum and its ecosystem

Second-largest cryptocurrency in 2019

Ethereum is the second-largest cryptocurrency in terms of market capitalization after Bitcoin. Ethereum had a solid year, despite the problems connected with its price. However, there is a chance that Ethereum’s price will increase in 2020. It is worth mentioning that Ethereum’s ecosystem continued to expand in 2019. Last year, 4 million new active addresses …

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Crypto news on Tuesday

Crypto news on the last day of 2019

This year will be remembered as a tough year for cryptocurrencies and crypto-related companies. Cryptocurrencies are becoming more popular around the world. This trend will continue in 2020 despite all of the challenges. Recently, Google started to remove crypto videos from YouTube. This decision complicated the relationship between the tech giant and the crypto community, …

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