Business

US Tax Authority Prioritizes Issuing Guidance on Cryptocurrencies

[ad_1] The United States Internal Revenue Service (IRS) has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter.The letter from the IRS comes in response to a request from 21 representatives in Congress, including Rep. Tom Emmer, to provide clarity on reporting taxes on cryptocurrency holdings. In the letter to the tax authority, the representatives then claimed that there is still “substantial ambiguity on a number of
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SEC Delays VanEck ETF Yet Again

[ad_1] In the Bitcoin industry’s Sisyphean struggle to secure a Bitcoin exchange traded fund (ETF), the boulder is rolling back down the hill. The U.S. Securities and Exchange Commission (SEC) posted a notice today, May 20, 2019, that it is delaying its decision on the VanEck and SolidX Bitcoin ETF proposal. With this additional extension (the first coming on March 29, 2019), the agency will have until August 19, 2019
Business

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 20

[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.Bitcoin rallied about 101.55% between April 2 and May 14. This sharp rally after a long bear phase surprised many, including us. Analysts at JPMorgan
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‘The Dollar Is Going to Self Destruct’: Talking Bitcoin With Ron Paul

[ad_1] Dr. Ron Paul was into sound money before it was cool. Before he became an initiate in the Austrian school of economics, he served as a flight surgeon in the United States Airforce and as a private practice OBGYN in Texas. Proselytized by the works of Ludwig von Mises and Ayn Rand, Paul decided to run for Congress in the ’70s following the termination of the Bretton Woods agreement
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U.S SEC Postpones its Decision on VanEck and Bitwise ETF Again

[ad_1] Contrary to a previous report which made it known that the United States Securities and Exchange Commission (SEC) will make its decision on VanEck Exchange-Traded Fund (ETF) on the 21st of May, the regulator has once again postponed its verdict date. 35 More Days to Go According to an official SEC filing from today May 20, the regulator has added a 35 day period for gathering more information and
Business

US SEC Postpones Verdict on VanEck and Bitwise ETF Application, Again

[ad_1] The United States Securities and Exchange Commission (SEC) has delayed its decision on the VanEck and Bitwise bitcoin (BTC) exchange-traded fund (ETF) proposal, according to an official SEC filing on May 20.The SEC has added a 35 day period for gathering more information and opinions on the proposal, which was initially filed by the Chicago Board Options Exchange (CBOE) last year.In January, CBOE withdrew its request for a rule
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TrustED and Binance Launch Service, First ICO Offering with Binance Chain

[ad_1] Bitcoin Press Release: Australian academic credential verification startup TrustED and top cryptocurrency exchange Binance, announce first ICO offering on the new Binance Chain. 20th May, 2019 – Adelaide, Australia – TrustEd, an Australian start-up dedicated to bringing transparency to verification of academic credentials via blockchain, and Binance, the world’s largest cryptocurrency exchange and developer of proprietary blockchain Binance Chain, have entered an agreement to launch TrustED on Binance Chain.
BLOCKCHAIN

Austrian Fiber Producer Lenzing to Launch Blockchain-Enabled Tracking in 2020

[ad_1] Major global fiber producer Lenzing will implement blockchain tech to bring more transparency to its fiber supply chain, the firm announced on May 17.Headquartered in Lenzing, Austria, the fiber manufacturer partnered with Hong Kong-based blockchain firm TextileGenesis to incorporate the technology in its fiber business TENCEL.According to the press release, Lenzing expects to launch its supply chain traceability platform in 2020, while in the near future, the company will
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With Bitcoin Halving a Year Away, 60% Think Price Will Go Up From Here

[ad_1] Bitcoin halving, one of the most anticipated events throughout the entire cryptocurrency community is estimated to be 365 days from now. As it closes in, a new Twitter poll reveals that the overwhelming majority is entirely bullish on Bitcoin’s price going forward.  Bitcoin Halving 365 Days From Now Bitcoin halving, the event which will slash the mining block reward in half, is estimated to be exactly one year from
BLOCKCHAIN

White Hat Hackers Earn $32,000 for Finding Crypto Security Exploits in Last Two Months

[ad_1] White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20.This lump sum of over $30,000 was distributed by 15 firms from March 28 to May 16 and documented in 30 public bug reports, per the article.The rewards for a single discovery can differ depending on how damaging