Opinion

Bittrex moved Bitcoins worth tremendous value from its central exchange to another wallet. However, Bittrex returned the coins to the initial wallet with the two huge transactions costing almost nothing. The deal took place earlier today and included a transfer of 48,952  BTC (valued at $491 million), as shown by blockchain records first recorded by Whale Alert via Twitter. Interestingly, Bittrex paid a fee of $ 1.51 for two large transactions. The first and second are $ 0.67 and $…

China is quarantining used banknotes to stop the spread of coronavirus, as reports have stated. The crypto community is talking and making suggestions about fixing the issue using Bitcoin as payment means. Wuhan, Hubei Province reportedly recorded around 15,000 new cases in 24 hours and 242 recent deaths following a change in diagnostic methods on February 13. The government is underreporting the numbers, as Dovey Wan of Primitive Crypto on Twitter claims. The most recent BBC report lists 2,009 new…

During the long cryptocurrency winter, NEO seems to have fallen by the side; however, two crypto analysts said the firm could be ready to rise. As per TraderXO, NEO might break out and experience an incline. NEO is a competitor regarding smart contract platforms, hence its popular name, the “Chinese Ethereum”. The price of NEO was $8.72 at the start of last year, and currently, it upsurged by 75% to $15.29. Crypto Analysts Views on NEO According to TradeXO, NEO…

Since December 2019, Bitcoin price is still surging from $6.4k to $10550 this week, as per Tradingview data. The coin experienced over 60% gains and performed better than other assets apart from ETH, XRP, and Tesla. Following the Bitcoin's incline, Mike Novogratz, the CEO of Galaxy Digital, explained the currency's upsurge to CNBC's "Closing Bell '' panel. Novogratz says that liquidy accelerates the crypto's uptrend. He said that low-interest rates set up by Central Banks and people pumping in money…

Tron Foundation is now a partner with Steemit, leading blockchain-based blogging and social networking website. The partnership purposes of offering its network for Steemit services. Both companies, Steemit and other Steem blockchain-based decentralized applications (DApps) partnership and the Tron blockchain, were announced on February 14. Giveaways to current TRX users with the new Tron-based STEEM token and a new accelerator program for the developer community is ongoing. Migrating to the Tron Network Old Steem tokens (STEEM) token will also move…

CoinDCX, a top crypto trading platform in India and liquidity aggregators, is now an OKEx partner. OKEx is a Malta-based crypto exchange. CoinDCX also announced the launch of its new DCXfutures product. The product meets demands that have increased for access to Futures, Options, and higher leverage trading in India's market. A maximum of 15x leverage trading for renowned cryptos like BTC, ETH, XRP, BCH, LTC, EOS, ADA, and TRX will be available with DCXfutures. The Collaboration Benefits CoinDCX CEO…

This year has brought tremendous gains in the crypto market. Several leading cryptocurrencies are performing exceptionally well. Numerous questions still need answers regarding the use, potential, and adverse effects of cryptos. Comments on crypto demerits arose, including Minneapolis Federal Reserve president, Neel Kashkari, commenting on the same. He spoke recently at an event, stating that cryptos are "like a giant garbage dumpster," and they do not have the fundamental features of any stable currency. He added that USD is valuable…

A downside correction from the $10k zone of BTC/USD began. The pair's price returned to the downside beneath $10.2k but remained over the significant 100 hourly SMA. The pair tried to rise above the $10.5k barrier recently. However, it could not move higher and a short-term high close to $10,519 formed. The price eventually fell to the downside beneath $10.4k. Moreover, looking at the pair's hourly chart reveals a break of the upstream channel from the previous day with support…

The 2019 tax filing deadline is fast approaching in the U.S. Even for those who declare traditional income; the process is still long. Crypto holders in the United States and beyond face declarations of cryptocurrency assets issues without conflict arising with the IRS. As a result, both Blockfolio and Token Tax are making efforts to ensure the simplicity of United States residents' process.  Integration Goal TokenTax is a platform where crypto investors can analyze data from cryptocurrency transactions and generate…