Bitcoin Bulls in Danger as Price Drops $500 in Minutes Back Under $10K

For the past few days, the price of Bitcoin (BTC) has been hovering above the 20 Moving Average (MA) and drawing closer to the moving average as volume continued to taper off and lower highs were set each day.  Crypto Market Data Source: Coin360 The digital asset began to look bearish on multiple time frames […]

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Retail Giant Overstock Seeks to Restructure Cryptocurrency Dividend

American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading. According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As such, the company will not have to put its dividend shares on the six-month holding period […]

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IRS Proposes to Backdate Tax Payments of Digital Currencies

The Internal Revenue Service (IRS) has sent communication to several market participants discussing backdated tax settlements in the digital asset trade. The IRS posted on its website that investors’ federal returns differ from the information provided by cryptocurrency exchanges. As such, the agency is seeking traders’ contribution on amended tax returns using profits from digital […]

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NEO Global Development Announces Pilot Network for Next Year’s NEO3

NEO is launching the NEO3 Preview1 on a pilot testing network today, intending to introduce its developer communities to major updates in NEO3. First NEO3 TestNet On Sept. 17, in a press release shared with Cointelegraph, NEO Global Development (NGD) announced that it is releasing the NEO3 Preview1 build.  Despite the fact that the official […]

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Blockchain Being Used to Turn Ocean Plastic Waste Into Eco-Fabrics

Dutch green fabrics firm Waste2Wear is launching the world’s first collection of fabrics made from ocean plastics traceable via blockchain today. Demand for tracing recycled materials The exhibition is taking place from Sept. 17 to Sept. 19 in Paris at the international textile fair Première Vision, American fashion-focused publication FashionUnited reports today. First revealed on […]

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Harbor Tokenizes $100 Million in Real Estate Funds on Ethereum Blockchain

The startup Harbor announced a partnership with Seattle-based real estate investment firm iCap Equity to tokenize $100 million in real estate funds. On Sept. 16, Harbor announced in a blog post that iCap Equity is using Harbor’s blockchain-enabled platform to improve its liquidity in four of its real estate funds which manages over $100 million […]

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Galatasaray Is the Latest Big-Name Football Club to Launch a Fan Token

Turkish Football Club Galatasaray Spor Kulübü plans to launch fan Ethereum-based fan tokens in partnership with blockchain sports fan startup Socios based on sports tokenization platform Chiliz. Socios announces in a press release published on Sept. 16 that as a result of the partnership, The Lions (Aslanlar) — the only Turkish club to have won […]

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The Crypto Tax Bill by North Carolina’s Representative Ted Budd

Ted Budd, the representative of North Carolina’s (NC) 13th congressional district has submitted a tax proposal to the United States House of Representatives. This bill focuses on enhancing how the Internal Revenue Service (IRS) handles cryptocurrencies in order to eliminate the profits and losses surrounding like-kind exchanges. No More Double Taxation Budd seeks to revise […]

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Central Banks to Meet With Libra Founders in Switzerland on Monday

Officials from the European Central Bank (ECB) and 25 global central banks will meet with Libra to assess the financial stability risks of the project. Central bank forum to challenge Libra On Sept. 16, Libra representatives will meet with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank of International Settlements […]

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Aventus Announces Ethereum-Based Protocol to Enhance Ticketing Industry

The digital assets-focused blockchain-based protocol, Aventus, revealed its next code release Aventus Classic designed to create a more equitable and transparent ticketing industry. Alleviate fraud and provide transparency On Sept 12, Aventus Network announced in a blog post the release of Aventus Classic, a fully decentralized open-source Ethereum-based ticketing protocol designed to stop fraud and […]

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