Tags : activity

Bitcoin

Bill Gates explains why he associates Bitcoin with tax avoidance

Billionaire Microsoft co-founder Bill Gates said he doesn’t hold Bitcoin, nor is he short against it. Instead, Gates claims he holds a neutral position as far as the leading cryptocurrency is concerned. However, his follow-on comments contradict his opening statement. While he’s all for the digitization of money, he believes Bitcoin encourages tax avoidance and […]Read More

Market

Market Wrap: Bitcoin Remains Around $48.5K Amid Flat Trading Activity

Bitcoin faced choppy markets for most of Tuesday after briefly trading above $50,000 for the first time during early U.S. trading hours. With some remaining bullish, other analysts and traders warned about near-term price correction. Bitcoin (BTC) trading around 48,810.95 as of 21:00 UTC (4 p.m. ET). Gaining 0.39% over the previous 24 hours.  Bitcoin’s […]Read More

Blockchain

Senate Bill Re-Introduces Suspicious Activity Reports for Tech

Another challenge to Section 230 of the Communications Decency Act, which protects tech platforms from being liable for various forms of content posted on them, has re-emerged, with bipartisan support. It takes a page from the Banking Secrecy Act (BSA) but, rather than filing Suspicious Activity Reports (SARs), the bill would force tech companies to […]Read More

Market

Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity

The Federal Reserve said Wednesday it would keep U.S. interest rates close to zero and continue its $120 billion-a-month bond-buying program.  “The pace of the recovery in economic activity and employment has moderated in recent months,” the committee said in a statement released after the meeting of the Federal Open Market Committee (FOMC). “The path […]Read More

Litecoin

On-chain network activity shows Litecoin (LTC) is preparing for a

Activity on the Litecoin network is seeing a resurgence amidst a broader bull run in the crypto markets, on-chain data metrics show. The fundamental sentiment is similarly growing, especially as the date for a MimbleWimble implementation draws closer. Franklyn Richards, the founder of the Litecoin Foundation, said in a tweet that Litecoin’s network activity is […]Read More