Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Tron: Price Analysis, June 25

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. At the beginning of the year, the total crypto market capitalization had risen above $825 billion, and many expected it to reach trillion dollars during the year. But at press time, June 25, the market capitalization is $236 billion. It is no surprise…

Andreessen Horowitz Hires First Female General Partner for Crypto Fund

Silicon Valley-based venture capital firm Andreessen Horowitz has hired Katie Haun as its first female general investing partner to run the company’s newly formed $300 million cryptocurrency fund, according to an announcement published June 25. Haun, who is also a director on the board of Coinbase, served as a federal prosecutor with the U.S. Department of Justice for ten years, where she focused on digital assets and cryptocurrency startups. She reportedly led investigations into Mt. Gox and took down the corrupt agents on the Silk Road task force. Ben Horowitz,…

Japan Cryptocurrency Tax | Finance Minister Considers Crypto Tax Rates

Japan Cryptocurrency Tax: Taro Aso, the Deputy Prime Minister and the Minister of Finance for Japan, has concerns over cryptocurrency taxes in his country but believes it to be doubtful that the public would accept any changes made to the cryptocurrency taxation law. Japan Cryptocurrency Tax Currently, cryptocurrencies are taxed as “miscellaneous income”. Items taxed under this category can incur taxes up to 55%. However, Aso feels a better approach to cryptocurrencies is to tax them as “separate self-assessment taxation”. This category would bring cryptocurrency taxes to a flat rate of 20 percent…

‘Rebellious Teenager’ Crypto Is Maturing

This interview has been edited and condensed. Cointelegraph had the opportunity to speak to ConsenSys’ Ajit Tripathi at BlockShow Europe 2018 about his experience leaving Wall Street for the crypto world, what new ConsenSys projects he’s most excited about, and why crypto regulation changes from country to country. Molly Jane: Could you tell us a little bit more about what Consensys does and what your role is there? Ajit Tripathi: ConsenSys is a venture production studio based in Brooklyn, and now we have offices in London, in about 30 countries,…

Bitcoin Price Leads Recovery as Market Fights Off Weekend Firesale

The cryptocurrency markets experienced a labored recovery on Monday after the deep bitcoin price sell-off that occurred over the weekend. Monero Price Headlines Monday Recovery Monero (XMR) has seen a huge rebound in the past 24 hours, up nearly 15% to $128.86. Monero saw a steep sell-off with the news out of the United States that the Secret Service recommended a crackdown on privacy cryptocurrencies , as CCN reported on June 22. The coin has also appeared recently in the news for its use in crypto-jacking malware. Lastly, speculation has…

Crypto Markets Recover After Weekend Losses Saw Bitcoin at Lowest 2018 Level

Crypto markets are seeing a tentative recovery today, June 25, as data from Coin360 shows, after yesterday saw leading cryptocurrency Bitcoin (BTC) hit its lowest level yet this year. Market visualization from Coin360 Bitcoin (BTC) is trading around $6,270 at press time, up about 1.3 percent over the 24-hour period. Yesterday, June 24, BTC plummeted to $5,833, its lowest price level in 2018, and a price point it had not hit since October 2017. A rapid three-hour bounce yesterday between 2 and 5 PM UTC saw the coin recover back…

Why Review Sites Need Blockchain, Explained

2. Sometimes, because they’re being paid to. New businesses, and those bruised by poor reviews from genuine customers, sometimes pay people to write glowing testimonials. It helps startups make it look like they have a long line of happy clients and enables badly rated companies to artificially enhance their reputation. Despite efforts by universities to create software that can weed out phony testimonials, and a push by retailers to remove these posts, the practice is still endemic. In part, this is because review writers don’t have to prove that they…

What Is That Mysterious About the Bitcoin Block Hash 21E800

On June 19, 2018, block number #528249 in Bitcoin’s blockchain was mined. And ever since, the crypto community has been in a frenzy. Why? Because the block hash assigned to block #528249 is 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a, and, according to calculations, it is very unlikely for a miner to compute this hash. pic.twitter.com/dSkoAiGQCV — Bitcoin Geoff “Still The Same Kids” Tarantino (@desantis) June 20, 2018 The crypto-community has been restless in trying to figure out if this low-probability event was by chance, premeditated, or maybe a legacy of Satoshi Nakamoto. When members of…

Japan’s Finance Minister Wants to Change Crypto Taxation, Doubts Public Acceptance

Japan’s Minister of Finance thinks that it is doubtful the public would accept a change in the taxation of cryptocurrency transactions, Cointelegraph Japan reports today, June 25. During today’s Upper House Budget Committee meeting, Taro Aso — also Japan’s Deputy Prime Minister — said that crypto transactions should be taxed as a “separate self-assessment taxation” rather than their present classification as “miscellaneous income,” while expressing doubt over the public’s reaction due to “tax fairness.” The current tax rate for crypto transactions has a maximum of 55 percent, and changing its…

Tron Claims Its Blockchain Is Live, But Its Token Migration Isn’t Over

Tron, the $3 billion decentralized internet project, may have gone live today, but its full “independence” from the ethereum blockchain isn’t yet complete. Although Monday was intended to serve as an “Independence Day” celebration marking both the official launch of its mainnet and the completion of its departure from its former host, ethereum, the project has only achieved the former. More precisely, founder Justin Sun said during a live stream that Tron is still in the process of migrating the last of its users’ TRX tokens from ethereum to its mainnet.…