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The profits many make from cryptocurrency trading are currently eclipsing $10,000s for larger traders. Considering the significant part of many people income crypto trading has become, Japanese authorities have proposed increased powers to be given to the National Tax Agency to crack down on tax evaders. Currently the powers of the government remain limited as reforms only allow require who earn over 200,000 Yen a year via crypto trading are required to disclose their earnings…

Pantera Capital, one of the biggest crypto investment firms, has announced that over the first years since it began operations it has netted well over 10000% from crypto. TO commemorate their 5th anniversary the CEO of Pantera also released emails from within the company revealing the constant bullish expectations the company held. “In my opinion, it’s like deciding whether to buy Microsoft back in the day at $0.20 a share. It was hard to do…

Crypto markets have been tough for traders as unforgiving conditions have been seen all around, With the top 10 coins by capitalization all seeing red, we have the latest analysis to aid you in maximizing profits. Coins to watch out this week – Speculation While markets may be seeing red this week, the upcoming week may be kind to a number of crypto coins. Those looking to hold bitcoin will find their holdings stabilize in…

Bitcoin prices have been climbing significantly over the past week as we saw prices rise from the ashes to current figures of over $10k. The week began with prices coasting along the $8k range, but confidence has been building as no major announcements come from South Korea and other Asian nations. Furthermore it seems the countries appetite has grown significantly as total trading volumes exceed $9 Billion. As seen on graphs below bitcoin prices have…

Bitcoin markets have had one of their best days this week as prices jumped well over 16% within 24 hours from just under $13800 to the current high of $16460 (at the time of writing). As seen on graphs below this week wasn’t easy for bitcoin holders as a mass sell off occurred mid week with over $23 billion being traded on a daily basis. To conclude, the bitcoin markets have suitably recovered remarkably despite…

Bitcoin futures successfully launched earlier today on the CME exchange in Chicago. Signaling the open of the biggest events of the decade so far for Bitcoin, the cryptocoin has officially made one of its biggest debuts on the investment scene. Institutional investors are rushing to get into the explosive Bitcoin market as Bitcoin futures were valued at $20650 as markets opened. Parallels to CME’s launch of Bitcoin futures were drawn with that of the Chicago…

Just as quickly as bitcoin hit a new all-time high, it has come crumbling down over the past few days. While the recent bubble was an extremely volatile but profitable period, the hardfork of Bitcoin Gold effectively pulled the momentum from under bitcoin markets. As bitcoin gold buyers left the ecosystem, prices did dip briefly to the $5400 level but with the Segwit hardfork around the corner prices have picked up as currently the average…

Many considered the rise before the Bitcoin ETF a bubble. Sensing that much of the confidence arose from the imminent Bitcoin, the markets have turned into a gamblers weapon of choice as many essentially bet on the approval coming through. However as announced recently the ETF was reject by the US on grounds it would be difficult to regulate the asset and it would be extremely difficult for surveillance agencies to deal with the antonymous nature of…

Bitcoin prices this week have remained fairly stable in the past few days but jumped up considerably. Prices started at a humble $986 point earlier this week to hover close to the $1050 mark currently seen. Recent stability fuelled by the increased trading received from various countries such as Nigeria and the UK has contributed to a significant proportion as Chinese support falls away. As discussed previously, the sec has also had a sentimental boost…

Bitcoin regulation in Nigeria has not come very far over the last year with any clear regulations set out to restrict or regulate the use of the cryptocurrencies. While regulation does allow consumers protection from unforeseeable financial loss, these come at a heavy cost in terms of taxes and fees charged. The grey area on the asset currently allows users to legally use Bitcoin without facing huge consequences. The central bank of Nigeria has warned…