In 2019 China’s Blockchain Startups Received Billions In Funding

China is vehemently anti-Bitcoin and anti-cryptocurrency. The country, which used to be a hub for all things Bitcoin, started to disassociate itself from the rising power in the decentralized cryptocurrency in 2017, when it banned all domestic trading of Chinese yuan and other currencies for BTC, Et..

Bitcoin’s Lightning Network Trust Chain Begins Yet Again

If you’ve been a part of the Bitcoin community for any notable period of time, you likely know that according to many, the cryptocurrency has scaling issues. Near the top of the crypto bubble in 2017, fees to send BTC surged by thousands of percent from their normal rate to hit $25 to $50, dependin..

De Minimis Crypto Tax Bill Under Consideration by US Congress

The U.S. Congress has begun hearings for a bill aimed at implementing a de minimis tax exemption for smaller cryptocurrency transactions. An act developed by Washington, D.C.- crypto advocacy group Coin Center was introduced in a congressional hearing on Thursday (January 16, 2020). Lawmakers Want..

Ex-CFTC Chair “Crypto Dad” Wants a Digital U.S. Dollar

For the longest time, money has been physical — think rai stones, shells, or the physical and dirty bills we have used for centuries. But, with the introduction of credit into the global economy through credit cards along with digital payment systems like PayPal, Revolut and Venmo, money has started..

eToro Review: The Social Trading & Investment Platform

While eToro is a key player in the world of CFDs and cryptocurrency trading, the company also offers a lot more than this now. They have led the fintech revolution for over a decade and built up a reputation as the leading social trading platform in the world. The company began as a general trading..

In Move Bullish for Crypto: Whale Transacts $1.1 Billion in Bitcoin for $84

For the longest time, Bitcoin (BTC) has been deemed useless by mainstream economists, investors, and others. For instance, per previous reports from Blockonomi, LendingTree Chief Economist Tendayi Kapfidze told Yahoo Finance in an interview that he thinks Bitcoin is a “pyramid scheme,” citing his s..

NBA Team Continues Foray Into Crypto By Using Ethereum… Again

For some reason or another, cryptocurrency and sports have long been intersected with one another. Maybe it’s the size of the audience in sports, the money circulating in professional sports circles, or the potential that there is an odd overlap between fans of digital assets and sports. Whatever t..

Crypto Trading Giant Bithumb Set to Fight $69 Million Tax Fine

Following a $69.1 million tax bill imposed by South Korea’s National Tax Service (NTS) in late 2019, cryptocurrency exchange giant Bithumb has filed a complaint with the Tax Tribunal to negate the tax bill. The NTS and Bithumb must wait 90 days for a decision from the tribunal. Bithumb Wants Their ..

Chainlink Price Prediction 2020: From $3 to $1k – What Do the Experts Think?

The decentralized oracle project Chainlink was one of the big winners in the 2019 cryptoeconomy, particularly on the fronts of adoption, partnerships, and price action. The rise is not necessarily surprising: Oracles are tough to build and highly in demand, and Chainlink is one of the earliest effo..

Twitter Looking Into Tipping Feature: Sparking Bitcoin Integration Hype

For some reason or another, the citizens of the Bitcoin and cryptocurrency world have made Twitter their online home. While there are other forums for members of this community to convene such as Reddit or BitcoinTalk, Twitter, a social media platform most often associated with politicians and meme..

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