December 28, 2019

Why Analysts Think Gold’s Christmas Rally to $1,500 Is Only the Beginning

December 28, 2019 boss

Over the past few weeks, the price of gold has begun to pick up steam, surging by $35, some 2.5%, in the past three days. In the past four weeks, since the start of December, the asset has gained 4%. While this Santa Claus rally has already brought the price of the metal above $1,500, where it was trading during the peak of trade war talks earlier this year, analysts are currently forecasting that the asset will head higher in the coming months. Related Reading: Prominent Gold Bull Thinks the…

Around the World in 2019 — A Landmark Year for Crypto Taxation

December 28, 2019 boss

2019 was, without a doubt, a milestone for crypto taxation. Countries around the world realized cryptocurrencies are here to stay and adjusted their crypto tax policies as a result. This year alone, several countries have been busy establishing and amending crypto tax legislation. Governments around the world have published updated guidance, changed crypto tax rules, and used crypto tax benefits to attract high-net individuals, while some even banned crypto completely. Looking at the crypto tax legislation worldwide in 2019, one thing is apparent: No one can deny crypto tax anymore.…

Breezecoin (BRZE) Continues to Gain Upward Trajectory Despite the Recent Bitcoin Slump

December 28, 2019 boss

As 2019 comes to an end, the Breezecoin (BRZE) token defended its position despite the recent down-trend in the price of bitcoin and altcoin markets. The second half of the year was accompanied by a steady fall in the crypto market after BTC braced a year-high of over $13k. However, the reverse was the case for the BRZE token which has seen an astronomical gain in price and value since the second half of the year. BRZE token which resumes its uptrend around $0.16 in September has seen a record…

Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship

December 28, 2019 boss

As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless. Some people will also attempt to get double-citizenship, as both of these acts may help sovereign individuals avoid government intrusion and theft. Also Read: As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted A Cryptocurrency Advocate’s Quest for Financial Sovereignty May Involve…

The Most Lucrative Signal in Bitcoin History Just Flipped Buy

December 28, 2019 boss

Bitcoin is the best performing investment of the last decade, bringing investors who bought the asset early unimaginable returns. An important metric in Bitcoin has just signaled buy for the tenth time in the asset’s history, with each time the buy signal occurring in the past resulting in an average of 5,000% returns following. Could Bitcoin be ready to bring investors upwards of 5,000% returns in the coming months ahead? Bitcoin Hash Ribbons Confirm Buy Signal for 10th Time In Crypto History Investors often look at a number of factors…

United Nations Must Embrace Blockchain: UN Secretary-General

December 28, 2019 boss

United Nations (UN) secretary-general António Guterres said the organization must embrace blockchain technology. According to a Dec. 28 Forbes report, Guterres believes that blockchain should be among the technologies used by the UN. “For the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can help accelerate the achievement of Sustainable Development Goals,” he said. This is not the first time that Guterres spoke highly of the potential of blockchain technology. As Cointelegraph reported in July last year, at…

Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records

December 28, 2019 boss

Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies. Cryptocurrency data website CoinDance shows that LocalBitcoins trading volume in local fiat currency in Argentina and Venezuela have hit new record highs. According to the website’s data, the week ending on Dec. 21 saw over 32.6 million Argentine pesos (equivalent to about $544,905) traded on the platform, or 34% more than the record registered two weeks before. LocalBitcoins weekly trading volume in Argentina in Argentine…

Blockchain Projects Are Just Entering the Netscape Phase

December 28, 2019 boss

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. David Nage is the Principal at Arca, a full service digital asset management firm. “It is always wise to look ahead, but difficult to look further than you can see.” – Winston Churchill Recently Jill Carlson wrote a piece for CoinDesk that inspired me to think through counterarguments to the points she shared. Much of the following is based on 100 in-depth interviews during…

YouTube Cracks Down on Crypto Videos, Leaving Creators Unnerved and Confused

December 28, 2019 boss

It is no news that YouTube has been targeted in times past as a host for spreading malware, including those tagged as crypto malware. However, a crackdown on these potentially harmful contents shouldn’t be exclusive to a particular niche. Even more, it should be done with some warning and precaution. Well, none of that happened. In its unique way of spreading cheers and smiles Christmas is known to bring along with it, YouTube spread rage and frustration across major crypto channels. On December 23rd, YouTube went full anti-crypto and took…