π Daily Digest for Apr 5th
Great day for XRP and ADA! π₯
π¦ Some Traders avoid Crypto Taxes using Crypto Loans:
Some traders are using cryptocurrency as collateral to secure loans, allowing them to keep their crypto and get cash while avoiding capital gains tax. Due to the popularity of the option, the crypto loan industry has been growing rapidly. Read more
#trader #taxes
π΅ Coinsquare Announces CAD-Backed Stablecoin:
Coinsquare will add to the ecosystem of stablecoins, by issuing its own stablecoin backed by Canadian dollars (CAD). The asset is meant to improve the adoption of digital assets. The new coin will be known as eCad. Read more
#coinsquare #cad
π¨π³ China Approves 197 Blockchain Firms, Baidu and Alibaba Listed:
Chinaβs top-level internet censorship agency has unveiled the first round of firms that were successful in their applications to begin their blockchain-related services in the country. Technology giants such as Alibaba, Baidu and Tencent appeared in the list. Read more
#china #blockchain
Fear and Greed Index:
κ°α΄α΄ Today: 57 κ°α΄α΄α΄
βββββββββββββββββββββ
Great day for XRP and ADA! π₯
π¦ Some Traders avoid Crypto Taxes using Crypto Loans:
Some traders are using cryptocurrency as collateral to secure loans, allowing them to keep their crypto and get cash while avoiding capital gains tax. Due to the popularity of the option, the crypto loan industry has been growing rapidly. Read more
#trader #taxes
π΅ Coinsquare Announces CAD-Backed Stablecoin:
Coinsquare will add to the ecosystem of stablecoins, by issuing its own stablecoin backed by Canadian dollars (CAD). The asset is meant to improve the adoption of digital assets. The new coin will be known as eCad. Read more
#coinsquare #cad
π¨π³ China Approves 197 Blockchain Firms, Baidu and Alibaba Listed:
Chinaβs top-level internet censorship agency has unveiled the first round of firms that were successful in their applications to begin their blockchain-related services in the country. Technology giants such as Alibaba, Baidu and Tencent appeared in the list. Read more
#china #blockchain
Fear and Greed Index:
κ°α΄α΄ Today: 57 κ°α΄α΄α΄
βββββββββββββββββββββ
π Daily Report for May 24th
π₯ Facebook Planning to Launch βGlobalCoinβ in Q1 2020:
Social networking giant Facebook is planning to launch its own cryptocurrency internally dubbed "GlobalCoin" and crypto-powered global payments network internally called "Project Libra" worldwide by Q1 2020. Read more
#facebook #globalcoin
πΈ Binance to Launch Margin Trading "Soon":
Binance has been testing margin trading with select users and plans to launch it to all soon. They have made no official statement and have declined to comment on specifics, but confirmed margin trading is coming. BNB surged as much as 10% in response. Read more
#binance #bnb
π¦ Chinese Citizens Can Own Bitcoin Legally: OTC Trading is Also Legal:
Chinese citizens are legally allowed to own bitcoin. This was revealed through a recent research report released by a Council Member at the Bank of Chinaβs Law Research Association. According to him, owning bitcoin in China does not count as a legal offence, even with the ban in place. Read more
#china #bankofchina
Fear and Greed Index:
κ°α΄α΄ Today: 63 κ°α΄α΄α΄
βββββββββββββββββββββ
π₯ Facebook Planning to Launch βGlobalCoinβ in Q1 2020:
Social networking giant Facebook is planning to launch its own cryptocurrency internally dubbed "GlobalCoin" and crypto-powered global payments network internally called "Project Libra" worldwide by Q1 2020. Read more
#facebook #globalcoin
πΈ Binance to Launch Margin Trading "Soon":
Binance has been testing margin trading with select users and plans to launch it to all soon. They have made no official statement and have declined to comment on specifics, but confirmed margin trading is coming. BNB surged as much as 10% in response. Read more
#binance #bnb
π¦ Chinese Citizens Can Own Bitcoin Legally: OTC Trading is Also Legal:
Chinese citizens are legally allowed to own bitcoin. This was revealed through a recent research report released by a Council Member at the Bank of Chinaβs Law Research Association. According to him, owning bitcoin in China does not count as a legal offence, even with the ban in place. Read more
#china #bankofchina
Fear and Greed Index:
κ°α΄α΄ Today: 63 κ°α΄α΄α΄
βββββββββββββββββββββ