Hong Kong is looking to implement digital currency regulations. It recently took its first step in doing so by deciding (and taking a page out of the U.S. taxation book) that all crypto will be taxed as property and not money. Hong Kong Changes Its Thoughts on Crypto This is...
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My Crypto Merchant Unveils Crypto Payment Software for Small Businesses
Digital currency company My Crypto Merchant has announced the launch of new software designed to help both small and medium-sized businesses integrate crypto payments into their networks. The goal is to help these enterprises accept digital currency payments for goods and services from their clients. My Crypto Merchant Will Help...
BTC Falls Following High Inflation in the U.K.
The prices of bitcoin, several crypto stocks, and other leading altcoins have fallen somewhat at the time of writing following fears surrounding higher-than-expected inflation figures stemming from the United Kingdom. Inflation was Much Higher Than Expected in the U.K. Inflation in the U.S. and for all its allies has been...
Stellar Lumen (XLM) Price Could Surge If It Clears $0.090
Stellar lumen price is attempting a fresh increase from the $0.085 zone against the US Dollar. XLM price is now trading above $0.0880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.0888 on the 4-hour chart (data feed via...
Ripple Price Analysis: Upside Break Looms At $0.485
Ripple price is facing resistance near the $0.485 level against the US dollar. The price is now trading above $0.470 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.4640 on the 4-hour chart of the XRP/USD pair (data source...
Bitcoin Price Bumps Slow After Bittrex News
The price of bitcoin has stalled thanks to recent news surrounding Bittrex, a popular digital currency exchange, and the Securities and Exchange Commission (SEC). Bitcoin Is Slowing Down a Bit Bitcoin has been on something of a roll since the beginning of the year. In 2022, the world’s number one...
SEC Continues Its Crypto Wrath; Files Suit Against Bittrex
The U.S. Securities and Exchange Commission (SEC) has laid its nasty hands into another digital currency company. This time, the victim of the agency’s wrath is Bittrex Inc., along with its former chief executive officer William Shihara. The SEC Is At It Again The agency says Bittrex broke its laws...
Star Athlete Shaquille O’Neal Is Latest Defendant in FTX Suit
Basketball superstar Shaquille O’Neal is the latest athlete to be served in a class-action lawsuit against the now defunct crypto exchange FTX, which fell apart in a heap of bankruptcy and fraud last November. Shaquille O’Neal Is the Latest FTX Defendant Adam M. Moskowitz – the attorney leading the lawsuit...
CME Group to Allow Bitcoin Contracts to Expire Every Day of the Week
CME Group in Chicago, one of the world’s biggest derivatives marketplaces, says it’s going to be expanding its Ethereum and bitcoin-based options across both standard and micro-sized contracts. CME Group to Establish All-Day Bitcoin Contract Trading The news comes right as several other Ethereum and bitcoin-focused contracts are reaching their...
Jon Blaylock Seeks to Strengthen Churches Through Blockchain
Jon Blaylock has a rather interesting history behind him. In the past, he was a pastor at a church, though he’s since left the world of religion to focus on technical innovation, eventually beginning a company called 3lock that he’s now the CEO of. Jon Blaylock: A Former Religious Leader...