How Soon Could We Be Getting Taxed For Our Bitcoin?

The CEO and founder of Bittax, Gidi Bar Zakay has recently spoken to Bitcoinist at the Israel Bitcoin Summit on 8th January in Tel-Aviv about cryptocurrency tax obligations for users and how the regulatory landscape is taking shape across the world. To start with, Zakay was asked why he decided to launch Bittax and how…

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What Ethereum’s Hard Fork Could Mean to the Market ⋆ ZyCrypto

This year promises to be a busy one for the crypto market. With last year’s horrid performance still lingering in the minds of many crypto investors, many coins look set to seize this opportunity to be great again. Many digital currencies are the subject of positive developments, and Ethereum now seems set to undergo one…

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How A Global Recession Could Benefit Bitcoin

Many economists from around the world have predicted that a global recession is on its way which could very well happen next year. If this prediction comes to fruition then all cryptocurrencies will be in high demand according to a newly released report. Analysts at the cryptocurrency prime dealer, SFOX has said that a worldwide…

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Russia Could Start a Bitcoin Bull Run as Early as February 2019 | BTCMANAGER

A Russian economist believes that the impending U.S. sanctions against Russia will force the country to start diversifying its reserves with Bitcoin as early as February 2019, Micky reported on January 8, 2019. New Sanctions Could Trigger a Bull Market The bear market that has persisted in the crypto industry since November 2018 might be…

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Ethereum Price Analysis: ETH Could Revisit $150-155

Key Highlights ETH price formed a support base near the $128 level and bounced back against the US Dollar. There was a break above a major bearish trend line with resistance at $134 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed in a positive zone and it may continue…

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Ripple (XRP) Price Analysis: Currency Could Be Breaking Out Anytime Soon

XRP/USD Medium-term Trend: Ranging Resistance Levels: $0.38, $0.43, $ 0.46 Support Levels: $0.33, $0.28, $0.22 XRP is on the ranging trend on the medium-term outlook. The bullish momentum placed the coin on the high of $0.46 resistance level on December 24. The bears defended this level by the formation of inverted pin bar candle pattern…

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Bitcoin Price Watch: BTC Could Extend Losses Below $3,600

Key Points Bitcoin price failed to correct higher above the $3,840 and $3,900 levels against the US Dollar. There is a major bearish trend line in place with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently at a risk of a downside break below…

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Ethereum Price Weekly Analysis: ETH Breaks $125, Could Test $140

Key Highlights ETH price surged higher and broke the $115 and $125 resistance levels against the US Dollar. There is a major bullish trend line formed with support at $114 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains in a solid uptrend and it could continue to rise towards the…

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Ethereum Price Analysis: ETH Could Turn Bullish Above $90

Key Highlights ETH price recovered recently, but it failed to break the $88 resistance against the US Dollar. There is a major bearish trend line formed with resistance at $87 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $87, $88 and $90 resistance levels to move into a…

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UK MP: “Taxes Could Be Paid in Cryptocurrency” | BTCMANAGER

On December 10, 2018, a UK Member of Parliament (MP) spoke out in favor of cryptocurrencies, calling for colleagues to educate themselves further on the technology and, suggested they could be used to pay taxes. Pro-Crypto MP According to an article published by UK media outlet the Daily Express, Eddie Hughes, an MP belonging to…

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Ethereum Classic Price Analysis: ETC/USD Could Gain Pace Above $5.00

Key Highlights Ethereum classic price recovered recently and tested the $5.00 resistance against the US dollar. There was a break above a crucial bearish trend line with resistance at $4.45 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently correcting lower, but it could bounce back and clear…

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Bitcoin Price Watch: BTC/USD Could Resume Uptrend Above $6,440

Key Points Bitcoin price corrected lower recently after trading as high as $6,472 against the US Dollar. There is a major bullish trend line in place with support at $6,390 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is positioned for the next wave, which could be above the…

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Crypto Mining Difficulty Decline Could Bring Bull Market

The virtual currency market has been in a bear trend since the beginning of the year. Bitcoin has lost more than 65% of its value since its all-time high at the end of 2017. However, this bear trend could be arriving at an end. As reported by the cryptocurrency research firm Element Group, Bitcoin mining…

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Could The Bear Market Last Two Years?

According to the CEO of BitMEX, Arthur Hayes, the Bitcoin bear market could last until 2020. Hayes believes that the current bear trend on the crypto market could last for an 18 month period until the middle of 2020. Despite these bearish calls, Hayes is still positive that the Bitcoin price in the long term…

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BCH/USD Price Analysis: Bitcoin Cash Could Disintegrate ahead of Nov 15 Hard Fork

Roger Ver’s Bitcoin Cash is at a precipice. It could fall apart if there is no consensus draining with it millions in investment and propelling Bitcoin higher. The standoff between Craig Wright of Bitcoin SV and Jihan Wu’s Bitcoin Cash ABC could be damaging. Since price relies on the outcome, traders should remain neutral ahead…

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Stellar Price Could Bounce Back Sooner Than Other Currencies

As all cryptocurrencies try to find their own pace once again, it appears Stellar may be one of the first in the top 10 to rebound. Its deficit over Bitcoin has almost been negated, which can easily turn into a net USD gain over the coming hours. How the Stellar price will evolve exactly, is…

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Could The Market Reach $1.4 Billion By 2024

Growth for cryptocurrency market will be realised at a compound annual growth rate of just over 6% as it reaches a valuation of $1.40 billion by the year 2024. Reports have submerged by different news outlets that suggest the crypto market could be driven by a stronger and more distributed ledger technology which improves the…

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Xpring Could Give Wider Adoption of XRP than xRapid and xCurrent

In recent times, there has been high concentration on the effect that xCurrent and xRapid will bring to the world banking system and mode of online payments. This two products by Ripple have actually increased XRP adoption. However, one of the products that could have more effects on Rapid adoption of XRP which was launched…

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Bitcoin Developer’s Exchange Could Be the First Within the GCC Region | BTCMANAGER

Talks of Bahraini cryptocurrency exchange Rain expanding into the GCC emerged on October 10, 2018, which would make Bitcoin developer Jimmy Song’s exchange the first in the region. The GCC, also known as the Gulf Cooperation Council, is a region within the middle east that includes all Arab States of the Persian Gulf except Iraq….

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Magic Cube Decentralized Entertainment platform on NEO’s blockchain Could be a Threat to Tron’s Ecosystem

The NEO decentralized applications platform has been attracting a lot of new startups to the NEO protocol considering the success it recorded with the Ontology initial coin offerings. Recently, the Tron Mainnet announced the use of its platform in as a decentralized entertainment ecosystem. This could have drawn the attention of one of the NEO-based…

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