Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud

Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud The Spanish Ministry of Finance (Hacienda) will oversee 15,000 taxpayers who have made transactions with cryptocurrencies in the last year, El País, the largest Spanish-language newspaper, reports Nov. 19. Under the auspices of Hacienda, Spain’s tax agency, the Agencia Estatal de Administración Tributaria (AEAT), underlined that it will…

Bitcoin Cash Price Analysis: BCH/USD Tumbles, $220 Next?

Bitcoin Cash Price Analysis: BCH/USD Tumbles, $220 Next? Key Points Bitcoin cash price declined heavily and traded below the $300 and $280 levels against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $315 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently…

ETH/USD Price Analysis: ICOs under Pressure, May Liquidate for Fiat

ETH/USD Price Analysis: ICOs under Pressure, May Liquidate for Fiat Latest Ethereum News It’s a selling frenzy out there. Although we cannot exactly pin-point the cause of this massive sell off, analysts and market pundits are linking this to the protracted hash wars between Bitcoin Cash ABC and SV. It has a contagion effect on…

BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near

BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near Latest Bitcoin News For the first time this year, Bitcoin prices did print below the $5,000 mark at CoinBase as reported and affirmed by statistics from CMC. While the losses were across the board, the marked drop in Bitcoin prices did shave the overall security and efficiency…

Altcoins Price Analysis: XLM/USD Stable While IOT/USD and TRX/USD Tumble

Altcoins Price Analysis: XLM/USD Stable While IOT/USD and TRX/USD Tumble Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable. While others sink, XLM/USD is relatively stable and up one spot to fifth replacing…

ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop

ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop After 11 months of relentless bears, statistics from Susquehanna, a US based trading and technology firm has confirmed that mining Ether is no longer profitable. This is mostly due to a relentless bears that have since drove prices from $1400 to $200. Because…

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019 The Bitcoin FUD It’s a capitulation. It’s the end of Bitcoin. It’s a Bitcoin Sell-off. And it’s true; a typical Bitcoin investor is bleeding right now. But a critical look at price action and historical price movement paints a rosy picture: Prices will most…

Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018

Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018 Nov. 14: Crypto markets have suffered sharp losses over the past several hours. The major market drop off took place between 10:30 a.m. (UTC -5) and 12:00 p.m., with some of the top 20 cryptocurrencies dropping by as much as 18…