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FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings

Posted by By Vince Saboti January 2, 2021Posted inBitcoin News
The Financial Crimes Enforcement Network (notorious by the acronym FinCEN), which is tasked with monitoring for violations of US financial laws, wants Americans to report themselves if they possess more than $10,000 in…
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Bitcoin Shoots Past $33K Hours After Cutting Through $30K

Bitcoin Shoots Past $33K Hours After Cutting Through $30K

Posted by By Vince Saboti January 2, 2021Posted inBitcoin News
The price of Bitcoin skyrocketed past $33,000 in a record-setting Saturday morning, only hours after passing through $30,000, starting the year off in rocket-engine fashion following a highly successful 2020. When the price…
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Peter Schiff Gloats Over XRP Drop, Predicts Sam Fate For BTC

Peter Schiff Gloats Over XRP Drop, Predicts Sam Fate For BTC

Posted by By Vince Saboti January 1, 2021Posted inBitcoin News
After the news that the largest American exchange Coinbase had delisted XRP, the token fell again to $0.23. XRP's market capitalization shrunk again by more than a billion dollars, and now the gap…
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Mayor of Miami May ​​Invest Part of the City's Reserves in Bitcoin

Mayor of Miami May Invest Part of the City’s Reserves in Bitcoin

Posted by By Vince Saboti January 1, 2021Posted inBitcoin News
Miami Mayor Francis Suarez wrote in his microblog on Twitter that he would "definitely consider" the idea of ​​investing 1% of the city's coffers in Bitcoin. So, he responded to the proposal of the…
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Almost 20% of Australians Already Own Cryptocurrency

Almost 20% of Australians Already Own Cryptocurrency

Posted by By Vince Saboti December 31, 2020Posted inBitcoin News
Almost 20% of Australians have so far invested in and currently own various digital currencies, as established by a survey published by the Aussie cryptocurrency exchange Independent Reserve. Meanwhile, more than 90% of respondents…
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Bitcoin Hits $29K as Holders Hope for $30K By New Year

Bitcoin Hits $29K as Holders Hope for $30K By New Year

Posted by By Vince Saboti December 31, 2020Posted inBitcoin News
The rate of Bitcoin crossed $29,000 this Wednesday night for the first time since its creation, pushing deeper into new territory. With the day's passing, the leading cryptocurrency renewed its rapid growth tendency…
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Ripple: "SEC Lawsuit Hurt a Lot of XRP Retail Holders"

Ripple: “SEC Lawsuit Hurt a Lot of XRP Retail Holders”

Posted by By Vince Saboti December 30, 2020Posted inBitcoin News
Ripple has released an official statement accusing the US Securities and Exchange Commission (SEC) and its recent lawsuit against the company resulting in losses for "countless XRP retail holders." The SEC filed a…
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India Might Impose 18% Tax on Bitcoin Transactions

India Might Impose 18% Tax on Bitcoin Transactions

Posted by By Vince Saboti December 30, 2020Posted inBitcoin News
The Government of India estimates the promise of introducing tax at the rate of 18% for Bitcoin trading in the country. At the present time, the central government is considering a proposal for…
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Swissquote: "Central Banks Will Launch Digital Currencies in 2021"

Swissquote: “Central Banks Will Launch Digital Currencies in 2021”

Posted by By Vince Saboti December 29, 2020Posted inBitcoin News
Chris Thomas, head of digital assets at Swissquote, believes that the most profitable investment in 2021 will be buying BTC and ETH. In the same year, many central banks will launch their own digital…
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Crуpto Exchange Coinbase Prepares XRP Delisting

Crуpto Exchange Coinbase Prepares XRP Delisting

Posted by By Vince Saboti December 29, 2020Posted inBitcoin News
Since the US Securities and Stock Exchange Commission filed a lawsuit against Ripple on charges of illegal sale of securities, many analysts wonder what will happen next. Despite the fact that Bitstamp, OSL,…
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