Day: January 6, 2020

TaxBit, which offers cryptocurrency tax automation software targeted for crypto users, exchanges, and merchants, today announced a seed round funding of $5 million. Participating investors include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC, who previously led TaxBit’s pre-seed round, and more. Salt Lake City-based […] CryptoNinjas: TaxBit raises $5 million to automate cryptocurrency tax compliance Source

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Speculation fuels cryptocurrency market trends and 2020 is not expected to be different. 2019 has come and gone. But it was not detached from what happened in the previous year, and the year before that, etc. In short, the cryptocurrency market is a progressive one. Therefore, the outcomes could be much different from projections and […] CryptoNinjas: Crypto Market Trends For 2020 Source

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Crypto exchange company OMGFIN, recently announced the launch of a new sandbox token listing initiative that enables blockchain and crypto projects to list their token free for thirty (30) days. The program allows projects to instantly create liquidity for their tokens which will bring it closer to listing on CMC, Coingecko or other exchanges platform. […] CryptoNinjas: OMGFIN opens free sandbox token listing initiative Source

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RightBTC, a bitcoin/crypto exchange company, has announced the launch of a savings accounts service. Interest calculation commences after assets have been transferred into the savings account. Based on the annual rate of each coin, the interest earned will be calculated and distributed automatically to the savings account at 00:00 (UTC) each day. Current estimated annual […] CryptoNinjas: RightBTC adds new savings account service; lists DASH Source

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SecuX Technology, a Taiwan-based blockchain security company, today announced the launch of its all-in-one crypto payment solution for retail business. The SecuX solution allows merchants to accept different crypto coins/tokens through multiple wallet mobile apps in a single device. SecuX’s cryptocurrency retail payment solution includes three components: The first one is a white-label mobile app […] CryptoNinjas: SecuX launches retail crypto payment solution with hardware wallet Source

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John McAfee backpedalled on his much-talked-about $1 million Bitcoin bet with himself yesterday. The eccentric computer scientist had previously stated that if Bitcoin was not above $1 million per coin by the end of 2020, he would eat his own penis live on TV. The sudden renouncement of McAfee’s frankly ridiculous 2017 statement coincided with big moves in the crypto asset market. Most leading altcoins have pumped relative to Bitcoin after the antivirus pioneer stated that other digital currencies had a much brighter future than Bitcoin. “The Betrayal of John”?…

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Bitcoin’s uptrend in the time since it tapped lows of $6,400 has been unwavering, and BTC’s bulls have been able to successfully garner enough buying pressure to push the cryptocurrency up towards its key resistance levels that exist within the upper-$7,000 region. It is important to note that BTC is currently on the cusp of validating an overwhelmingly bullish technical formation, but in order for this to spark a massive rally, bulls need to push the crypto above one key level. Bitcoin Inches Towards $7,600 as Bulls Continue Building Strength…

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The number of daily transactions occurring on the Dash network has been rising slowly but steadily over the last year. In fact, there are now more transactions being performed using the crypto asset than there are on the Litecoin network. Despite the network’s growing usage, the total Dash market capitalisation still lags a long way behind that of Litecoin. For some, this suggests that the market is not yet mature enough to determine real utility in crypto assets. Dash Transactions Outpace Litecoin but ‘Flippening’ Still Looks a Long Way Away…

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While much of the world may have been tuned into the 77th Golden Globes awards to see who took home the award for Best Motion Picture, Bitcoin investors couldn’t take their eyes off the weekly candle close last night. The first-ever cryptocurrency has been stuck in a downtrend for months, and last night’s close was bull’s best opportunity to close out the week on a bullish note. But instead, Bitcoin closed its sixth consecutive week in a row under the critical resistance level of $7,500. Bitcoin Closes Six Weeks in…

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It is an ideal time to open a long position on the popular cryptocurrency BAT, according to prominent Twitterati Crypto Michaël. The full-time stock and crypto trader said on Monday that BAT could undergo a massive upside swing that ranges from anywhere between 29 percent and 135 percent. He based his prediction upon his belief that the cryptocurrency is in a strong accumulation zone, noting that the price support area around 2,300-2,450 satoshis could attract traders en masse. “I’m aiming to see whether 2450 or 2300 hold as support,” said Mr. Michaël. The…

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