Mastering Emotions and Managing Risk in Cryptocurrency Trading

When it comes to trading, there are several steps you can take in order to reduce your exposure to the market extremes of price volatility. A combination of both technical and fundamental analysis can be used to determine the true worth of a company or asset, securing a greater chance of success with a particular investment […]

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Ripple Invests $750,000 to Bring XRP to Crypto Wallet BRD

Mobile wallet provider BRD is partnering with Ripple’s Xpring to boost XRP adoption. The companies announced Friday that Xpring would invest some $750,000 into BRD as part of its efforts to “build the internet of value.” As part of this new “strategic partnership,” BRD will integrate XRP and begin building on Xpring’s developer platform. “The […]

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The IRS Will Now Ask if You Own Crypto in the Most Widely Used US Tax Form

The Internal Revenue Service (IRS) has updated the main form individual U.S. taxpayers use to report their income to include a question about cryptocurrencies. Following the release earlier this week of the IRS’s long-awaited guidance for reporting crypto-related income, the IRS on Friday circulated a draft of the new Form 1040, Schedule 1, Additional Income and Adjustments […]

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SEC, CFTC, FinCEN Warn Crypto Industry to Follow US Banking Laws

The heads of three U.S. financial regulators warned the cryptocurrency industry to abide by banking laws in a joint statement published Friday. The statement, signed by Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert, Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco and Securities and Exchange Commission (SEC) Chairman Jay Clayton, “reminds” actors in the […]

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Identity Thief Spends $5 Million on Cloud Computing to Mine Cryptocurrency

Singaporean citizen Ho Jun Jia, 29, also known as Matthew Ho, was indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies, according to a grand jury indictment from the U.S. District Court in Seattle, Washington. Ho was arrested in Singapore and is being charged with wire fraud, access device fraud, aggravated […]

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Traditional Financial Exchanges Oppose UK Crypto Derivatives Ban for Retail Investors

The World Federation of Exchanges (WFE) has asked UK regulator Financial Conduct Authority (FCA) not to ban the sale of crypto derivatives to retail investors. A proposed ban would envelop regulated exchanges and CCPs who operate under stringent regulations to provide pre- and post-trade risk management standards that are designed tot foster safe and efficient […]

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tZERO-Backed Startup Seeks SEC Approval to Launch Security Token Market

A firm part-owned by Overstock’s tZERO is seeking regulatory approval to launch one of the first markets for publicly traded, registered security tokens. The Securities and Exchange Commission (SEC) on Friday released a rule change proposal that would allow Boston Securities and Token Exchange (BSTX) to create an automated equity trading platform, with ownership records […]

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SEC Halts Telegram’s $1.7 Billion ‘Unlawful’ Token Issuance

The U.S. Securities and Exchange Commission (SEC) secured an emergency restraining order against the Telegram Group and its subsidiary TON Issuer for their $1.7 billion token sale. The SEC announced late Friday that it filed for and received an emergency action and restraining order halting Telegram from selling or otherwise distributing its gram tokens within […]

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Visa, Mastercard, eBay, Stripe Follow PayPal in Quitting Facebook’s Libra Project

UPDATE (Oct. 11, 2019, 20:40 UTC): Mastercard and Visa have also confirmed they will not be joining the Libra Association. Mastercard, Visa, digital auction company eBay and payments firm Stripe have all pulled out of the Facebook-led Libra Association. The Financial Times reported Friday that eBay and Stripe dropped out of the Libra cryptocurrency project, citing […]

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