Please share if you find this article interesting. British Couple Lawyer Up as $840k Cryptocurrency Divorce Heats Up - Bitcoin News Finance Divorce is never fun and rarely simple, but when one party – generally the male – owns cryptocurrency, there’s an added layer of complexity. With cryptocurrency still relatively new as an asset class, there have been very few cases to date in which the unhappy couple have squabbled over altcoins. A British law firm professes to be handling three such cases at present, with the largest involving a tug-of-war over crypto valued at $840,000. Also read: Divorce is Messy – Especially When You Own Bitcoin Kissing Goodbye to the Ball and Blockchain It was only a matter of time until a high profile, high value crypto divorce grabbed the headline
Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD Facing Key Resistance Key Points Bitcoin cash price traded above the $1,280 level, but it failed near $1,365 against the US Dollar. There is a short-term connecting bullish trend line forming with support at $1,280 on the hourly chart of BCH/USD (data feed from SimpleFX). On the upside, the pair has to break the $1,365-1,370 resistance to gain bullish momentum. Bitcoin cash price is trading with a positive bias against the US Dollar. However, BCH/USD is finding it difficult to break an important resistance near $1,365. Bitcoin Cash Price Upside Hurdle There was a decent upside move initiated in bitcoin cash price from the $1,190 low against the US Dollar. The price started moving hi
Please share if you find this article interesting. Indian Cryptocurrency Exchanges Plan to Maintain Shared User Database - Bitcoin News Regulation Indian cryptocurrency exchanges are reportedly planning to create a database of crypto traders and their transactions. User account data would be tied to either an Aadhaar ID or a Permanent Account Number. This proposal comes amidst the Indian government actively working on crypto regulations. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Database of Crypto Traders Cryptocurrency exchanges in India are reportedly “planning to create a central repository of users that will help create and maintain a real-time record of transactions,” the Economic Times reported. The exchanges are members of the
Please share if you find this article interesting. Bitcoin Price Technical Analysis for 02/15/2018 – Next Ceiling In Sight Bitcoin Price Key Highlights Bitcoin price made an upside break from an earlier short-term consolidation pattern to show that further gains are possible. Zooming out to the 4-hour chart reveals that the next upside targets are at the 200 SMA then channel resistance. However, technical indicators are suggesting that the longer-term selloff could continue. Bitcoin price looks poised for more gains after a consolidation breakout and could approach the next ceilings. Technical Indicators Signals The 100 SMA is still below the longer-term 200 SMA to show that the path of least resistance is to the downside or that the selloff is more likely to continue than to rev
Please share if you find this article interesting. FX Aggregator B2Broker Launches Cryptocurrency Payment Gateway for Merchants - Bitcoin News Services More retail forex brokers around the world can now offer their clients the option to fund their trading accounts with cryptocurrency. A tech provider from the FX industry, B2Broker, has created a simple platform for the online businesses to roll out. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether B2Broker Cryptocurrency Payment Gateway B2Broker, an aggregator and provider of turnkey, cloud, and liquidity solutions for the foreign exchange (FX) industry, has launched a new cryptocurrency payment gateway. The system is fully automated for both deposits and withdrawals and is translated into 10 la...
Please share if you find this article interesting. US: Tax Filing Service Says Only 0.04% Of Customers Reported Crypto To IRS For 2017 Fewer than 100 out of 250,000 citizens, or 0.04 percent, who have filed federal tax returns this year to date via personal finance service Credit Karma reported cryptocurrency transactions to the US Internal Revenue Service (IRS), Reuters reported Tuesday Feb. 13. Credit Karma Tax General Manager Jagjit Chawla said that the company was not surprised about such a small amount of cryptocurrency filers, since citizens “with more complex tax situations” usually tend to file later in the tax season. However, Chawla added that considering the rise of cryptocurrencies in 2017, the company “would expect more people to be reporting”. The US 2018 tax filing
Please share if you find this article interesting. Citibank India Bans Both Credit And Debit Cards For Crypto Purchases, Cites ‘Risks’ Citibank India is the latest major bank to ban its customers from using credit cards for purchasing cryptocurrencies, but it has taken the measure one step further by banning the use of debit cards for crypto purchases as well, Quartz India reports today, Feb. 14. Quartz India wrote today that it personally reviewed an email from Citibank India sent to customers on Feb. 13 that said the following: “Given concerns, both globally and locally, including from the Reserve Bank of India, cautioning members of the public regarding the potential economic, financial, operational, legal, customer protection, and security-related risks associated in dealing
Please share if you find this article interesting. Seven Companies Form UK Cryptocurrency Trade Body Regulation Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.” Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Leading Cryptocurrency Companies form Crypto UK Trade Body Seven leading cryptocurrency companies operating the UK have formed an independent trade body tasked with developing self-regulatory standards for the cryptocurrency industry, in addition to “engag[ing] policymakers.” The members of Crypto UK are Coinbase, Etoro, Cex.io, Blockex, Commerceblock, Coi
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, February 14 2018 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Regulators around the world are trying to stifle the popularity of cryptocurrencies. But every time they do this, the crypto world bounces back bigger and stronger than ever before. Jesse Powell, founder and CEO of Kraken, believes that the market capitalization of cryptocurrencies will more than double from the current levels and ...
Please share if you find this article interesting. Paying Tax in Crypto Ironically Triggers More Taxes - Expert Take In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to [email protected] In the US, the Inland Revenue Service (IRS) is not accepting Bitcoin, Ripple or Ethereum for taxes yet. But it might not be too far off, with Arizona moving to become the first state in the country to accept payments in crypto and other states l...