Crypto Comes Back Strong After Correction Due to G20 News
The crypto market rallied after days of correction as news spread that sentiment on cryptocurrency from the G20 summit was generally positive.
News
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Twitter Has a Crypto Impersonator Scam Problem
As we reported previously, Twitter has a problem with crypto scams. Crypto celebrities’ pages are being overwhelmed by impersonators.
Google and IMF Crackdown on Crypto Scams Gets Interpreted as Bad News
Google, like Facebook did, is banning crypto ads in June. Meanwhile, the head of the IMF called for a global crackdown on money laundering and the financing of terrorism while noting the importance of cryptocurrency and its technology.
Coinbase Launches New Tax Tools
Good news, if you used only Coinbase to buy and sell crypto, your tax filing just got a lot easier. Coinbase has launched new tax tools including a tax calculator.
The Tokyo Whale and the Battle Over $9k
Rumors were going around that a MtGox trustee (AKA “the Tokyo Whale”) has been selling off massive amounts of BTC pushing the market down. Rumor also has it that this whale won’t have authorization to sell again until September 2018.
John Oliver Did a Cryptocurrency Episode
John Oliver did an episode on Cryptocurrency. We explain John Oliver explaining Bitcoin, FOMO, blockchain, and more… and we show you how to watch the episode.
East Wenatchee Washington Became a Crypto Miner Hub
East Wenatchee Washington has become a hub for crypto miners due to the cheap energy produced by the hydroelectric dams on the Columbia River.
Monero (XMR) Hard Fork MoneroV (XMV) Explained
Monero (XMR) is forking to create MoneroV (XMV). The snapshot block is 1564965. Anyone in Monero in a wallet where they control their private keys before the snapshot will own MoneroV.
Lots of FUD in the Air as BTC Dips
This week was full of FUD. Binance phishing, SEC statement, Japan cracking down on exchanges, MtGox selling, oh my. Bitcoin’s price dropped accordingly. This FUD overwhelmed the rather excellent news like the Coinbase index fund.
SEC Issues Statement on Crypto Exchanges (Here is What it Actually Says)
The SEC issued a statement on cryptocurrency exchanges. This, combined with other news gave the market the jitters. Let’s look at what the SEC officially has to say.