Bitcoin

Bitcoin Startup BitGo May Spark Wall Street Participation In Crypto

Since Bitcoin (BTC) began to falter in early-2018, optimistic investors, many of which are “HODLing,” have resorted to grasping for straws. Case in point,  the words, “Wall Street” and “institutional investors,” are incessantly mentioned, as crypto diehards have sought to find a light at the end of the proverbial tunnel. Yet, institutions have been effectively elusive, with whale sightings, if […]

Bitcoin

Bitcoin Trades Flat as Crypto Markets Experience Mixed Trading Session

Bitcoin is currently trading sideways, which is leading the crypto markets to experience a mixed trading session following yesterday’s volatility. Ethereum is currently one of the worst performing altcoins as it has failed to post a strong recovery following yesterday’s drop that was caused by its highly-anticipated Constantinople hard fork being delayed. Although the crypto markets […]

Altcoins

NZ Police Investigate Crypto Exchange Cryptopia Hack

Cryptopia homepage, January 16, 2019 New Zealand police are investigating the hack of cryptocurrency exchange Cryptopia, which resulted in “significant losses” that some estimate could amount to more than US$ 3.5 million.    Christchurch company Cryptopia, which has been said to be operating New Zealand’s largest cryptocurrench exchange, shut down its website and exchange services […]

Crypto News

BitGo & Genesis Trading Want to Help Whales Avoid Crypto Exchanges

BitGo and Genesis Global Trading have formed a partnership to help whales avoid crypto exchanges. | Source: Shutterstock Blockchain security firm BitGo has entered a partnership that will allow its clients to trade cryptocurrency assets that are held in its custody. The partnership with over-the-counter exchange Genesis Global Trading will allow BitGo clients to trade […]

Crypto News

Russian Prime Minister: Don’t ‘Bury’ Crypto over Bear Market Woes

Russian Prime Minister Dmitry Medvedev said not to “bury” bitcoin and the crypto market prematurely. | Source: Krainov Valery (RANEPA)/Wikimedia Commons Russian Prime Minister Dmitry Medvedev has addressed the cryptocurrency bear market in a speech at the Gaidar international scientific forum, according to local media outlet TASS. Russian PM Warns Against Discounting Bitcoin On Tuesday, […]

Crypto News

Bulgaria Investigates Crypto Exchanges For Taxes, Asks 10% on Profits

Bulgaria. Shutterstock. The government of Bulgaria has started to investigate crypto exchanges to demand taxes from the profits investors generated from trading digital assets. The National Revenue Agency (NRA) has categorized cryptocurrencies as financial assets, which incur a 10 percent tax on profit that individuals have to disclose annually. Two Major Issues of Bulgaria’s Crackdown […]

Crypto News

Rising Blockchain Developer Salaries May Not Mean Increasing Crypto Activity

Rising blockchain developer salaries doesn’t necessarily mean crypto is on the upswing. | Source: Shutterstock Despite the 80 percent correction in the crypto market, blockchain developers are making $ 130,000 to $ 180,000 a year. But, the rising salaries of blockchain developers do not necessarily translate to an increase in developer activity in the crypto […]