Tag Archives: crypto

Binance US Plans to Begin Onboarding Customers Next Week

Binance US Plans to Begin Onboarding Customers Next Week

The largest crypto exchange by volume is making its U.S. debut next week. Binance.US said today that the platform will open registration and deposits on September 18. According to a company blog posting, the launch will initiate a rollout of multiple Binance products across the U.S. After registration, six cryptocurrencies will be available for deposits including bitcoin, ethereum, […]

Stellar to Airdrop 2 Billion XLM Crypto Tokens Worth $120 Million

Stellar to Airdrop 2 Billion XLM Crypto Tokens Worth $120 Million

Chat with your friends – and get paid to do it. The Stellar Development Foundation and messaging service Keybase announced Monday a 2 billion XLM airdrop, the largest in Stellar’s five-year history, worth roughly $120 million. Over the next 20 months, Keybase users can expect monthly airdrops of 100 million XLM. Keybase currently has 300,000 active users across its […]

Jack Dorsey: Mass Crypto Adoption Will Transform Square’s Business

Jack Dorsey: Mass Crypto Adoption Will Transform Square’s Business

As cryptocurrency becomes more widely used, Square will transition to providing a broader range of “internet services” rather than just financial technology, co-founder Jack Dorsey predicted. In an Aug. 5 interview with The Australian Financial Review, Dorsey detailed how he believes the emerging asset class will shape his company’s development. He said: “In the long term [cryptocurrencies] […]

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

Yesterday’s crypto market carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new data shows that it may have been altcoins collapsing that dragged down Bitcoin. A side-by-side comparison […]

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

As U.S. cryptocurrency users eagerly await tax guidance from the Internal Revenue Service (IRS), they can find hints of what may come in the agency’s recent warning letters. The tax collector said earlier this year that its first guidance on crypto since 2014 is coming, but it’s not clear what information will be provided or when it will […]

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

Yesterday, President Trump took to Twitter to castigate the U.S. Federal Reserve for not cutting rates swiftly enough. Noting that three countries—New Zealand, Thailand and India—each announced surprise rate cuts on Wednesday, Trump said the Fed was not keeping pace: [The Fed] must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW… We […]