Goldman Sachs analyst Sheba Jafari released a new analysis of bitcoin’s outlook, calling the recent price drop below $10,000 a possible correction. According to Zero Hedge, which published details of the client note, Jafari suggested that the market could find a base around $9,978. If the drop is actually part...
The price of BitConnect's controversial cryptocurrency has cratered following Tuesday's news that its lending and exchange operation is shutting down – and investors have been unable to sell their tokens despite claims the site would stay online this week. The closure of BitConnect's lending and exchange platform was a...
Israel's government has published draft circular outlining possible approaches to taxing the proceeds of initial coin offerings (ICOs). Released Wednesday, the draft circular from the Israel Tax Authority proposes imposing a value-added tax (VAT) on ICOs, differentiating them into two types: service transactions and sales transactions. The draft appeared to indicate...
The Enterprise Ethereum Alliance (EEA) has just appointed its first executive director. The open-source blockchain consortium today announced that Ron Resnick, previously president and chairman of the AirFuel Alliance, will now head the organization. According to a press release, Julio Faura, chairman of the board at EEA, said: "Ron's task as our first...
The price of bitcoin has fallen below $10,000 for the first time since early December. According to CoinDesk's Bitcoin Price Index (BPI), the cryptocurrency's value has hit a low of $9,714.02 as of press time. The last time bitcoin's price was below $10,000 was on Dec. 1, BPI data shows. Market...
Reality Shares Advisors and Amplify Trust ETF launched the first blockchain-based exchange-traded funds (ETFs) on Nasdaq today. Both funds went live on Nasdaq's exchange at 9:30 a.m. EST. Reality Shares' Nasdaq NextGen Economy ETF (BLCN) opened at $24.20, while Amplify's Transformational Data Sharing ETF (BLOK) started closer to $20. Both...
Tom Goldenberg is chief technology officer at Commandiv, a combined stock and crypto trading platform providing investors with automated trade recommendations and rebalancing tools.  To hear all of the bluster and hype about bitcoin and blockchain these days, you would think that it will solve all of our modern world...
Bitcoin looks like it might soon test near-$8,000 levels, as December's record-breaking rally continues to unravel. With major losses over the last few days seemingly brought about by negative regulatory news from China and South Korea, bitcoin (BTC) is trading at $10,280 levels at time of writing, according to...
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.Early blockchain tech mover IBM and Danish shipping giant Maersk have announced a joint venture to digitize and enhance global trade efficiency and security using blockchain technology. One of the world’s oldest industries that has long been...
U.S. lawmakers are eyeing the formation of a new task force to combat the use of cryptocurrency in financing terrorism and other illicit uses. Introduced to Congress by House Representative Ted Budd (Republican) of North Carolina on Jan. 10, a new bill aims to establish the team, dubbed the Independent Financial Technology...