Sentences with phrase «cash cryptocurrency held»

On Thursday, BitMEX, a Seychelles Islands - based cryptocurrency trading platform, announced it had sold all of the Bitcoin Cash cryptocurrency held by its users, and credited them with an equivalent value of Bitcoin instead.

Not exact matches

«Many people who made lots of money on cryptocurrencies in 2017 likely don't have the cash on hand to cover their capital gains taxes, so they may need to sell additional cryptocurrency holdings in order to raise the cash to pay the IRS.

On August 1st we will see the launch of a new cryptocurrency «Bitcoin Cash (BCC)» that gives all current Bitcoin users the same holdings in this new cryptocurrency.

In addition to Cryptocurrencies, you can also track: stocks, Mutual Funds, Managed Funds, ETFs, mFunds, listed bonds, cash, fixed interest holdings, foreign currencies and unlisted assets.

Asked about investing in any other of the many available cryptocurrencies, Miller answered he doesn't hold any other than bitcoin cash (BCH) which he described for his interviewer as a kind of dividend (as he got it after the fork by holding bitcoin).

The fourth highest valued cryptocurrency market capitalization held by bitcoin cash (BCH) is seeing losses around 7.9 percent.

Users of Zebpay that held any amount of bitcoin prior to the Bitcoin Cash hard fork on August 1, 2017 were also given an equivalent amount of BCH once the cryptocurrency was added to the platform.

In the same post, the organization said it doesn't cash out its cryptocurrency holdings, but is rather holding them to study how bitcoin can be used to benefit non-profits.

«Ironically the increased regulations around trading may be contributing to the current high price of cryptocurrencies, as the increased difficulty of «cashing out» encourages people to hold their coins for longer, meaning there are fewer coins in circulation to meet the increasing demand, therefore the price goes up.»

Distributed to all bitcoin owners at the time of the fork, investors were suddenly given an equal amount of valuable cryptocurrency (bitcoin cash has held relatively steady around $ 300 per coin, but has traded for as much as $ 1,000).

With consumers holding more and more money in digital wallets, and with cryptocurrency expanding in new directions, many businesses are now finding ways to adopt cryptos into their cash flow, from artists selling albums for bitcoin, to companies like Brave Software's Basic Attention (BAT) which lets audiences pay for content creators.

Cryptocurrency exchange Bitfinex has announced today that in regards to the Bitcoin network fork on August 1st to create a new chain and token called Bitcoin Cash, all Bitfinex user Bitcoin addresses holding a settled balance will automatically own equivalent balances in Bitcoin Cash.

Still the move to list bitcoin cash was unique, as it effectively gave all customers of Coinbase's GDAX exchange an amount of bitcoin cash equal to the amount of bitcoin they held on the exchange at the time the new cryptocurrency network was created.

Whereas the world's first cryptocurrency held benefits for economies, Bitcoin Cash, a hard fork of the Bitcoin network which since

As cryptocurrencies and altcoins continue to gain popularity, more and more Bitcoin owners are diversifying their holdings with digital currencies like Litecoin, Dogecoin and Bitcoin Cash.

The Bitcoin Cash cryptocurrency is currently trading at $ 477, according to CoinMarketCap data, while Bitcoin is holding at $ 3,900 level.

Therefore, any users who had bought or invested in bitcoin before the hard fork received an equal amount of bitcoin cash holdings in their bitcoin wallets, which is why bitcoin cash immediately became one of the biggest cryptocurrencies in terms of market capitalisation.

BEDMINSTER, N.J., April 5, 2018 / PRNewswire / — GAIN Capital Holdings, Inc. (NYSE: GCAP)(«GAIN» or «the Company»), a global leader in online trading, today announced the continued rollout of the Company's cryptocurrency offering, with the recent launch of Ethereum, Litecoin, Ripple and Bitcoin Cash in the U.K., Europe, Australia and Singapore on the Company's FOREX.com and City Index services.

The companies will leave the exchange business after returning clients» cash and cryptocurrency holdings.

With just one more day remaining in the split of Bitcoin Blockchain and formation of the new cryptocurrency called Bitcoin Cash, various investors are worried about their Bitcoin holdings in wallet and exchanges.

While many cryptocoins seek to transcend conventional currency, the cryptocurrency Tether claims to back each of its issued tokens with an equal amount of redeemable cash held in a private reserve.

Fidelity Investments announced their partnership with premier Cryptocurrency Exchange Coinbase on Wednesday under a test project which will help customers view the digital cash held by them in the said exchange.

Know - your - client and anti-money laundering laws also make it difficult for users to anonymously cash out their cryptocurrency holdings, which should discourage the purchase of illegal goods, the user said.

Coincheck affirmed that it would use its cash holdings to reimburse 260,000 people for the value of 46.3 bn yen who lost their holdings of NEM, the world's 10th - biggest cryptocurrency by market capitalisation.

The move effectively prevented anonymous traders from pouring in their Korean fiat currency, the won, into buying cryptocurrencies or cashing out their crypto holdings back into fiat.

This means your cryptocurrencies need to be backed entirely by cash, and can't serve as collateral for equities positions that you hold in your financial account.

For people new to bitcoin and cryptocurrency trading, the process is simplified by Square as they are the ones holding on to your bitcoin and executing the transactions: the bitcoin is tied to your Cash App account, not your device.

Bitcoin cash is the eighth most traded cryptocurrency today by volume and the market holds a $ 10.3 Bn market capitalization.

Miller also added that the fund holds Bitcoin Cash as well but not any other cryptocurrency.

The joke has turned prophetic in the sense that 3 of the top 13 cryptocurrency positions by market capitalization are now held by Bitcoin or Bitcoin hard forks (Bitcoin, Bitcoin Cash & Bitcoin Gold).

The new funds — the Ethereum Investment Trust, Ripple Investment Trust, Bitcoin Cash Investment Trust, and Litecoin Investment Trust — will each hold positions in a single cryptocurrency.