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Thursday, June 6, 2019

CryptoCurrency News: What to Expect When the IRS Alters Its Bitcoin Tax Policy



Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.

via CoinDesk

CryptoCurrency News: Kodak Launches a Blockchain-Enabled Document Management System



The 130-year old company is offering blockchain-based document management.

via CoinDesk

CryptoCurrency News: Margin Lenders Lost $13.5 Million in May to Poloniex Crypto Crash



Margin lenders on Poloniex got hit with a 1,800 BTC ($13.5 million) loss on May 26th as a flash crash has made it unlikely borrowers will be able to repay the debt.

via CoinDesk

CryptoCurrency News: More Details Emerge on Team Behind Facebook’s Secretive Blockchain



News outlets are beginning to identify key staffers behind Facebook's "GlobalCoin" project.

via CoinDesk

CryptoCurrency News: S.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency



S.L. Benfica fans can now lay down bitcoin and ether to pick up a team jersey.

via CoinDesk

CryptoCurrency News: Binance Confirms Stablecoin Offering Coming Soon: Report



Binance, the top crypto exchange by adjusted trading volume, has told Bloomberg it will issue its own stablecoins, likely within weeks.

via CoinDesk

CryptoCurrency News: Congressman Budd Defends Blockchain in Testimony to House Ways and Means Committee



"The bottom line is this is a national security issue and of utmost importance that we continue to develop this technology in the United States," said Congressman Budd.

via CoinDesk

CryptoCurrency News: Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation



Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February.

via CoinDesk

CryptoCurrency News: EOS Startup Block.One Is Using Its Billions to Buy Back More Equity



Block.one is buying back more equity from early investors. Some – but not the most famous ones – made 6,500 percent on the last buyback.

via CoinDesk

CryptoCurrency News: Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm



Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures.

via CoinDesk

CryptoCurrency News: Kleiner Perkins, Galaxy Invest in EOS Blockchain-Based Gaming Startup



Galaxy Digital, Kleiner Perkins, and SVK Crypto fund a Twitch-based gaming platform.

via CoinDesk

CryptoCurrency News: US Senate Confirms New CFTC Chair to Succeed ‘Crypto Dad’ Giancarlo



Giancarlo said the agency is in “safe hands.”

via CoinDesk

CryptoCurrency News: ConsenSys Capital Co-Founder Departs to Bring Wall Street Money to Ethereum



Andrew Keys is moving to DARMA Capital, where he intends to help investors generate returns on their ethereum and bitcoin holdings.

via CoinDesk

CryptoCurrency News: Aion Network Launches First Blockchain Virtual Machine on Java



Aion is speaking your (programming) language.

via CoinDesk

CryptoCurrency News: Overstock’s Medici Ventures Leads $7 Million Round for Blockchain Voting Startup



Blockchain-based mobile voting platform Voatz has raised $7 million in a Series A round led by Overstock's Medici Ventures and Techstars.

via CoinDesk

CryptoCurrency News: Kadena Releases Updated Smart Contract Language for ‘Hybrid Blockchains’



The enterprise blockchain startup has updated its Pact programming language to allow smart contract execution between private and public networks.

via CoinDesk

CryptoCurrency News: DARPA-Funded Study Looks at How Crypto Chats Spread on Reddit



A U.S. Department of Energy science lab has been studying how well three popular cryptos performed in Reddit chats. Here's what they found.

via CoinDesk

CryptoCurrency News: Bitcoin Struggles to Build Momentum After Defense of $7.4K Price Support



A key technical line applied brakes to bitcoin's sell-off earlier this week, but so far the bounce has been shallow, with upside capped around $7,900.

via CoinDesk

CryptoCurrency News: Visa and App Provider LINE Pay to Use Blockchain in New Fintech Offerings



Japanese app provider LINE Pay Corporation has inked a deal with Visa to create new fintech services for their retail and merchant customers.

via CoinDesk

CryptoCurrency News: Marshall Islands Sets Up Non-Profit to Oversee National Digital Currency



The Marshall Islands has set up a not-for-profit organization to oversee the Pacific nation's digital legal tender, the SOV.

via CoinDesk

[FOREX TIP] Elite Swing Trader NZDJPY – 6th June 2019

CryptoCurrency News: Ethereum Startups Team to Offer ‘Banking-Grade’ Wallet Security



Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum.

via CoinDesk

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