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Bitcoin Exchange Traded Fund – Is it Crypto’s Holy Grail?

Bitcoin Exchange Traded Fund – Is it Crypto’s Holy Grail?

Americans have been waiting on it’s much awaited Bitcoin Exchange Traded Fund (ETF) which many expect to be the next big thing for cryptocurrency. Last year 2017 Bitcoin Futures created quite a hype in December 2017 following a higher appreciation of Bitcoin. However, following Bitcoin Futures thanks to the Chicago Board Options Exchange (CBOE) the...

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Japanese Taxation Committee Are Working to Ease Cryptocurrency Tax Reporting

Japanese Taxation Committee Are Working to Ease Cryptocurrency Tax Reporting

A Japanese taxation policy committee recently had a discussion with the point of making the cryptocurrency tax reporting easier. The news were officially reported on Wednesday, Oct. 17, 2018 by Sankei News reports. Thinking about the complicated tax filling laws for Japanese residents, authorities from the committee declared there was a need to modify the strategy to create...

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Behemoth Asset Manager Fidelity Launches Cryptocurrency Trading Platform

Behemoth Asset Manager Fidelity Launches Cryptocurrency Trading Platform

Fidelity Investments, the fourth largest asset manager in the world with a total asset under management of $7.2 trillion has launched a cryptocurrency trading company. It will be called Fidelity Digital Asset Services LLC. The platform will allow trading and custody services to help hedge funds for institutional or private investors. In a statement, Abigail...

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Doubtful Tether Results in Bitcoin Rally

Doubtful Tether Results in Bitcoin Rally

Tether which has time and again faced an issue of being subject to manipulation, created serious doubts earlier today. The result of the Tether value not being pegged to the US Dollar led to Bitcoin which has faced a slump rising in price. Sources claim investors are moving funds from Tether to Bitcoin. The main reason is...

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Coinbase Pro Adds 0x to its Platform

Coinbase Pro Adds 0x to its Platform

 Coinbase, the largest American cryptocurrency exchange announced the listing of the first ERC-20 token on their Coinbase Pro platform. The ERC-20 is 0x which is Zrx. ZRX will be available to be traded in ZRX/USD, ZRX/EUR and ZRX/BTC. The ZRX/GBP will not be permitted as of now. ZRX will be allowed to be traded in...

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Chainalysis Proves Bitcoin Whales Not Fully Responsible for Volatility

Chainalysis Proves Bitcoin Whales Not Fully Responsible for Volatility

Blockchain research firm, Chainalysis proved that Bitcoin whales are not responsible for the price volatility. Bitcoin whales are referred to as big money Bitcoin (BTC) players who have the power to control the Bitcoin market. Examination of the 32 largest BTC wallets were studied. Together the 32 wallets hold 1 million BTC. The study revealed-...