Analyst Who Perfectly Called Bitcoin Price Sees Bright Future Ahead

Cane Island Analyst Timothy Peterson maybe one of the only analysts to have accurately predicted the end of year bitcoin price . His analysis back in March this year, stated that the leading cryptoasset would price in at $7,800 by the end of December. If bitcoin continues to track as Peterson’s predicts,  BTC should close above it’s all-time high by the end of 2021. Climbing Higher At a Slower Pace In December 2019, the market price of BTC will hover near $7,800, predicted analyst Timothy Peterson. He was close enough…

Bitcoin And Crypto Compliance From A US Tax Perspective

One of the things which causes undue consternation for many holders of Bitcoin and cryptocurrency is its taxable status. While some naysayers still consider the whole industry a tax avoidance scheme, most users just want to make sure they comply with the rules. Fortunately, many jurisdictions, including the US, have fairly clearly defined regulation, in this area at least. So how can you ensure that your cryptocurrency ownership is all above board with the IRS? According to a Certified Public Accountant in Ohio, it is all about the record-keeping. The Rules Of…

Bitcoin Price to Continue Upward Trajectory Over the Next 5 Years

Despite the recent price struggles for bitcoin, Spencer Bogart says the top-ranked crypto will continue to see an upward growth trajectory in the next five years. The Blockchain Capital partner also doesn’t see Chinese policies as having a significantly negative impact on BTC’s performance. Bitcoin Price Will Perform Better in the Next Five Years In an interview with Bloomberg, Bogart expressed optimism about the future of Bitcoin. Commenting on the potential for further BTC price growth, Bogart declared: I think it’s a bolder bet or a riskier bet to say…

Hackers are Stealing Crypto Using Clipper Malware

Hackers can steal crypto payments by using a relatively new malware that replaces the receiving address between copying and pasting. Don’t CTRL+C CTRL +V According to a report from February of this year, a security researcher called Lukas Stefanko discovered that hackers had brought the so-called Clipper Malware to Google Play via infected cryptocurrency apps. He describes it in a blog post he named ‘First Clipper Malware discovered on Google Play,’ where he explains how the malware can steal crypto users’ coins. The malware has a very simple and very…

Crypto Exchange Gemini Eyes European Expansion with New Hire

New York-based crypto exchange Gemini’s European wing Gemini Europe, LLC. has taken on board Julian Sawyer as the Managing Director for the UK and Europe. Gemini, one of the leading cryptocurrency trading businesses and custodian platforms, is tapping the rising interest of European traders for crypto-based investment. Europe Promises Growth in Crypto Trading Interest Sawyer will build the Gemini strategy for the European market, including the physical presence of the exchange. He will be based in London, and report directly to Gemini’s President Cameron Winklevoss. Prior to joining Gemini, Sawyer…