EXCHANGES

Markets Update: Crypto Prices Continue to Gather Bullish Momentum

[ad_1] Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software Has Been Rolled Back Before Crypto Markets Add $20 Billion in Less Than 24 Hours Cryptocurrency markets have been on the move once
BLOCKCHAIN

Payments Startup Uphold to Use Ledger Vault

[ad_1] French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.Formerly known as Bitreserve, Uphold will reportedly incorporate Ledger’s institutional custody platform Ledger Vault to boost its anti-hack protection by adding an additional layer of security.J. P. Thieriot, co-founder and CEO of Uphold, said that Ledger Vault integration was mainly driven by
BLOCKCHAIN

Token Taxonomy Act Includes De Minimis Tax Exemption for Crypto

[ad_1] The recently reintroduced Token Taxonomy Act (TTA) will create a de minimis tax exemption for crypto transactions under $600, according to the executive director of Coin Center, Jerry Brito, at Consensus 2019 on May 13.The de minimis tax exemption stipulates that if a crypto owner experiences a capital gain up to $600 of crypto, then that owner is not required to report the gain to the Internal Revenue Service
Business

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 13

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Crypto markets are welcoming a series of good news. The much-awaited platform Bakkt has finally announced that it will start testing Bitcoin futures trading in
BLOCKCHAIN

Platforms Listing IEOs May Face Regulatory Trouble

[ad_1] The United States Securities and Exchange Commission’s (SEC) Advisor for Digital Assets and Innovation Valerie Szczepanik said that platforms seeking to list initial exchange offering (IEO) tokens for a fee could find themselves in regulatory trouble. Szczepanik delivered her comments at the Consensus 2019 conference on May 13.Speaking on IEO, Szczepanik — also known as the commission’s “crypto czar” — argued that platforms seeking to list IEO tokens for
BLOCKCHAIN

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

[ad_1] Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own blockchain platform, a Cointelegraph correspondent learned at Consensus 2019 on May 13.Per the announcement, the Klaytn mainnet will launch on June 27, 2019, and will purportedly be a major driver of blockchain adoption in the country. Kakao has a 96% market share in South Korea, with a presence in
BLOCKCHAIN

Blockchain Project CEO to Pay $150K Fine, Teach Business Ethics Following Settlement

[ad_1] Blockchain entrepreneur Alex Tapscott is paying a $148,000 fine and will lead ethics seminars at three Canadian business schools per his settlement agreement with the Ontario Securities Commission (OSC), according to a report by The Globe and Mail on May 13.Tapscott, the CEO of blockchain firm NextBlock Global Limited initially filed for a public settlement hearing with the OSC on May 9.The OSC had previously accused NextBlock and Tapscott
Business

Bitcoin Breaks $8,000 for First Time Since July 2018, Stocks and Oil Report Losses

[ad_1] Monday, May 13 —  Following a solid to break above the $7,400 mark earlier today, bitcoin (BTC) has broken $8,000, with all top-20 cryptocurrencies trading in the green.Market visualization from Coin360BTC is trading around $8,013 at press time, up over 13% on the day.Bitcoin’s weekly gains are now at around 38.88%.Bitcoin 7-day chart. Source: CoinMarketCapEthereum (ETH) has seen an increase of 7.57% in the last 24 hours. The second
EXCHANGES

This Latest ‘Who Created Bitcoin’ Theory is The Craziest One Yet

[ad_1] Bitcoin was the creation of a programmer and drug lord who wanted to launder money, and Craig Wright is trying to steal his private keys. Bitcoin Creator, Solotshi Nakamoto? That was the latest wild conclusion to emerge in the debate over who the ‘real’ inventor of Bitcoin is – the entity behind the Satoshi Nakamoto pseudonym – as Wright’s multibillion-dollar court case continues. After testimony from Wright leaked online,
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Bitcoin Price Analysis: Where Is the Local Top for This Parabolic Run?

[ad_1] Summary: The bitcoin market has gone parabolic as we blasted off through two major weekly levels. The resistance got crushed due to a high amount of short positions that were force liquidated in an event known as a “short squeeze.” We are currently testing the $8,000 level but a major weekly resistance level looms directly overhead in the $8,150 area. The price structure is looking fairly climactic and we