Digital Currencies

Can’t Keep a Good Dog Down: Meme Token Dogecoin Spiked Over 500% This Year

<div class=”featured_image_container”> </div> <strong>The leading cryptocurrency bitcoin has crossed new all-time highs (ATH) in 2020 and into 2021 as well. However, many other digital assets have a long way to go to reach the ATH they experienced three years ago in 2017. Although one particular older cryptocurrency, the popular meme token Dogecoin is nearing its …

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Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion

<div class=”featured_image_container”> </div> <strong>Digital currency markets have seen decent gains this weekend as bitcoin touched another all-time high (ATH) on Saturday afternoon. Meanwhile, a number of other crypto assets have seen significant price rises as well, as the entire market capitalization of all 7,500+ digital currencies in existence is hovering above the $800 billion mark. …

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Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’

<div class=”featured_image_container”> </div> <strong>An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital currencies have “made no contribution to bypassing the sanctions.” </strong> …

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Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes

<div class=”featured_image_container”> </div> <strong>The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly. In addition to sending letters to local citizens, the tax body has also sent inquiries to cryptocurrency exchanges operating in Israel …

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SBI’s Acquisition of Crypto Firm Helps the Asian Giant Create Full-Fledged Digital Asset Trading Desk

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms … read more. …

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US Representatives Add Digital Currencies to the 2021 Defense Bill

Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note On November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded note is physically-backed by bitcoin and listed on the trading exchange Deutsche Böerse Xetra. The newly listed … read more. Major Australian Investment Firm …

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Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto

<div class=”featured_image_container”> </div> <strong>The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does not exceed 5%. …

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Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses

The Many Facts Pointing to John Nash Being Satoshi Nakamoto Six years ago, a number of theories spread across the internet that claimed the famed American economist and mathematician John Forbes Nash Jr. was Satoshi Nakamoto. There’s a bunch of circumstantial evidence that has invoked some research into the possibility … read more. Southeast Asia’s …

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Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/398295″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/lottery_euro_1456x360_bch.jpg” alt width=”1456″ height=”360″></a></div><strong>The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake <a …

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