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Showing posts with the label 2018 at 11:11PM

Cryptocurrency Market Manipulation Is Rife – But Does Anyone Care?

From pump and dump groups to insiders trading on esoteric knowledge, market manipulation is rampant within the cryptocurrency space. While some of it is illegal, most of the activity is either legal or quasi-legal, falling into the sea of grey that separates lawful land from unlawful territory. Everyone ... from Google Alert - cryptocurrency https://ift.tt/2vXhuXc via IFTTT https://ift.tt/eA8V8J

Cryptocurrency funds down nearly 30 percent in March as slump persists: index

The Barclay Cryptocurrency Traders Index was down 43.1 percent in the year to date, after three consecutive monthly losses, BarclayHedge said on Wednesday. The Cryptocurrency Traders Index, started in 2018, is an equal-weighted index of the monthly returns of 19 funds that trade bitcoin and other ... from Google Alert - cryptocurrency https://ift.tt/2vsCqF2 via IFTTT https://ift.tt/eA8V8J

Cambridge Analytica planned to launch its own cryptocurrency

The company behind Facebook's massive data leak scandal, Cambridge Analytica, attempted to develop its own cryptocurrency this past year and intended to raise funds through an initial coin offering, Reuters and The New York Times reported today. The digital coin would have helped people store ... from Google Alert - cryptocurrency https://ift.tt/2HuENfh via IFTTT https://ift.tt/eA8V8J

Metal-Backed Cryptocurrency to add PGP Founder as Advisor

Tiberius Coin, a cryptocurrency backed by real metals which I've written about in the past here made a major announcement this week. The group will be adding Pretty Good Privacy (PGP) and Silent Circle founder Phillip Zimmerman as an Executive Director/CSSO and major shareholder. from Google Alert - cryptocurrency https://ift.tt/2JwkHQd via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Subject To Income, Capital Gains Taxes In South Africa

This is just the latest in a string of countries that are establishing cryptocurrency reporting requirements. Thailand's SEC recently announced that trades in crypto would be subject to 15 percent CGT and seven percent VAT, while Australia passed a bill that would eliminate double taxation of digital ... from Google Alert - cryptocurrency https://ift.tt/2uYRutM via IFTTT https://ift.tt/eA8V8J

Leading US cryptocurrency marketplace Coinbase steps up efforts to expand business

The San Francisco-based cryptocurrency marketplace has made a series of announcements that pave the way towards supporting new crypto-assets, while reportedly stepping up its efforts to work with regulators. Coinbase has met with the Securities and Exchange Commission to discuss registering as ... from Google Alert - cryptocurrency https://ift.tt/2IFZMsK via IFTTT https://ift.tt/eA8V8J

Ryan Van Wagenen has mixed views on the future for cryptocurrency

Ryan Van Wagenen is from Salt Lake City and graduated in finance from Westminster College. Since 2009, he has been with Global Private Equity and involved in the technology sector since he was promoted to Director within the firm in 2011. Outside of his profession, Van Wagenen is close with his ... from Google Alert - cryptocurrency https://ift.tt/2GL4yri via IFTTT https://ift.tt/eA8V8J

It's Time for Ripple (XRP) to Get Serious About Transactions

Ripple (XRP)–As the cryptocurrency market enters its fourth month of decline in valuation, both investors and enthusiasts are looking for reasons to be excited or place further interest in the industry. Ripple has established itself as a currency of significance throughout the first part of the year, but the ... from Google Alert - cryptocurrency https://ift.tt/2q1CQwq via IFTTT https://ift.tt/eA8V8J

Students Use Loans to Fund Cryptocurrency Investment: Study

The last four months have seen the cryptocurrency space transformed. What was once a niche investment tool has emerged into a legitimate financial platform that has quickly gained widespread public exposure. Few millennials made money in the December bubble, but most knew someone who did, ... from Google Alert - cryptocurrency https://ift.tt/2uvC1RE via IFTTT https://ift.tt/eA8V8J

Internal Revenue Service Reminds Taxpayers To Report Cryptocurrency Gains

Just a week after the White House announced Rettig's nomination, his colleagues at Hochman Salkin Rettig Toscher & Perez, PC hosted an informative webinar on cryptocurrency taxation, perhaps a sneak peek at the nominee's attitude toward digital asset taxation. Readers may remember that in ... from Google Alert - cryptocurrency https://ift.tt/2pAsgfo via IFTTT http://ift.tt/eA8V8J

Vertcoin Insulated from Cryptocurrency Market Downturn on Mar. 22

Vertcoin has posted gains, insulated from a wider cryptocurrency market downturn, with bitcoin and other major altcoins down more than three percent on March 22. There are a few technical indications that the next 4-hour/daily sessions are ones to watch for a major trend reversal in vertcoin (VTC). from Google Alert - cryptocurrency http://ift.tt/2G5nIoz via IFTTT http://ift.tt/eA8V8J

Twitter May Soon Be the Latest Tech Giant to Ban Cryptocurrency Ads

If true, the move closely tracks similar decisions by Google, which banned cryptocurrency -related ads from appearing in its ad networks this week, and Facebook, which did the same in January as part of a crackdown on “financial products and services that are frequently associated with misleading or ... from Google Alert - cryptocurrency http://ift.tt/2G7q35t via IFTTT http://ift.tt/eA8V8J

Reduction In Cryptocurrency Mining May Be Trouble for AMD and Nvidia

two of the leading manufacturers of graphics processing hardware, saw sales and interest increase dramatically in the past couple of years thanks to the cryptocurrency boom. However, a number of factors now threaten to reduce the demand for those chips, as cryptocurrency mining evolves and ... from Google Alert - cryptocurrency http://ift.tt/2Fy7mbO via IFTTT http://ift.tt/eA8V8J

Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business

Finnish cryptocurrency exchange and crypto wallet services provider Prasos Oy is one step from being “frozen”, as most Finnish banks will no longer conduct business with them, Bloomberg reports March 9. Founded in 2012, Prasos has seen a ten-fold spike of transaction volumes reaching $185 mln in ... from Google Alert - cryptocurrency http://ift.tt/2GkURNW via IFTTT http://ift.tt/eA8V8J

Cryptocurrency Exchanges: The Key To An Investment Class

Exchanges: Investing in cryptocurrency can be done through an exchange, with the assets stored in a wallet, either on an exchange or offsite. Hardware wallets, which are physical electronic devices, are also available for managing cryptocurrencies. Coinbase, BitFinex, BitStamp and Gemini are some of ... from Google Alert - cryptocurrency http://ift.tt/2tBWIef via IFTTT http://ift.tt/eA8V8J

These 3 companies could sprint ahead of Wall Street when it comes to cryptocurrency

Also, ecommerce company Rakuten is one company that has already announced it's launching a cryptocurrency based on its loyalty program. Meanwhile, Wall Street banks are staying far away from digital currencies. Financial advisers employed by Bank of America Merrill Lynch were instructed to not ... from Google Alert - cryptocurrency http://ift.tt/2oBN46L via IFTTT http://ift.tt/eA8V8J

TD Bank stops allowing credit card purchases of cryptocurrency

Toronto-Dominion Bank is halting the use of its credit cards to buy cryptocurrency as it conducts a review of the “evolving market.” The recent decision follows moves by several U.S. banks to stop allowing credit card purchases of Bitcoin and other cryptocurrencies. “At TD, we regularly evaluate our ... from Google Alert - cryptocurrency http://ift.tt/2HESgi5 via IFTTT http://ift.tt/eA8V8J