The Finance Prof. Who Says Bitcoin’s Going to ‘Bite The Dust’ Is Wrong

By CCN.com: Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, Northeast England, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust,” along with market analyst and author, Martin Hutchinson, for the libertarian Cato Institute in Washington DC. CoinDesk published an op-ed by Dowd Monday, The post The Finance Prof. Who Says Bitcoin’s Going to ‘Bite The Dust’ Is Wrong appeared first on CCN

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US Bitcoin Investors Lost $1.7 Billion in 2018, 61% Unaware They Can Claim a Tax Deduction

According to a report from Credit Karma, US bitcoin investors who decided to exit the bitcoin market lost $1.7 Billion. Unrealized losses, belonging to those who didn’t sell, account for $5.7 billion. Credit Karma GM Jagjit Chawla believes many Americans don’t know they can qualify for a crypto tax reduction as a result of their … Continued The post US Bitcoin Investors Lost $1.7 Billion in 2018, 61% Unaware They Can Claim a Tax Deduction appeared first on CCN

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Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally

Bitcoin market dominance has fallen to a monthly low of just over 51% of the overall market capitalization while Ripple and Bitcoin Cash have both rallied multiple percentage points over the past week. Bitcoin’s overall value in the cryptocurrency market is an important barometer in the progress of the space as a whole. If Bitcoin The post Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally appeared first on CCN

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Zimbabwe’s only Crypto Exchange Aims for a National Digital Revolution

Cryptocurrency exchanges currently serve as the ideal gateway for entry into the ecosystem and therefore the designated channel of adoption into the mainstream. The effect of these exchanges in the financial solutions industry is obvious in a number of areas. Payments and clearance, remittances, operations and several other aspects have experienced one form of intervention … Continued The post Zimbabwe’s only Crypto Exchange Aims for a National Digital Revolution appeared first on CCN

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