🗞 Daily Crypto News, December 26th💰

• How Zero-Knowledge Blockchain can help Europe tax GAFA?;
• Are Bitcoin Tax Records Ever Optional With IRS? Expert Blog
• Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees
• Classic Mainstream Media Clickbait Scare Resurfaces: ”Chinese Government Can Take Over Bitcoin”
• Why the Service Industry Needs Blockchain, Explained
• BTC Trading Update by @cryptopassion

Merry Christmas to you all my friends!

Take care my CryptoFriends.

🗞 How Zero-Knowledge Blockchain can help Europe tax GAFA?

The challenge is huge. For the last ten years, dozens of billions of euros went under the radar, evading taxation in the European Union. One might recall, for instance, that Google was recently held to owe 13 billion euros to Ireland for “undue privilege” by the EU. We are also rendered speechless upon learning that Airbnb paid less than € 93,000 of taxes in France in 2016 for an estimated 120 million euros in profits, equating to less than € 775 of taxes for every million made.

Read more & Source: https://themerkle.com/how-zero-knowledge-blockchain-can-help-europe-tax-gafa/

🗞 Are Bitcoin Tax Records Ever Optional With IRS? Expert Blog

Cryptocurrency may be a new topic for the IRS and taxpayers to tackle but tax records are certainly not a new issue. Since the dawn of the income tax, some taxpayers have struggled with this, and the IRS knows it. At tax time, many taxpayers find themselves scrambling for receipts, looking in file folders and drawers.

Read more & Source: https://cointelegraph.com/news/are-bitcoin-tax-records-ever-optional-with-irs-expert-blog

🗞 Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees

The cryptocurrency exchange Hit BTC has notified its clients that they need to pay a new fee to deposit bitcoin into the platform. This move might be replicated by more exchanges in time as they try to find ways to cope with the high fees on the network other than not accepting new clients or advising their existing ones to use litecoin or bitcoin cash instead.

Read more & Source: https://news.bitcoin.com/hit-btc-introduces-deposit-charges-to-deal-with-high-bitcoin-fees/

🗞 Classic Mainstream Media Clickbait Scare Resurfaces: ”Chinese Government Can Take Over Bitcoin”

The latest story (again) on mainstream media meant to scare away uninformed people from using bitcoin is about the possibility of China taking over the cryptocurrency. This particular FUD (fear, uncertainty and doubt) meme was also publicized widely in 2015 and 2016.

Read more & Source: https://news.bitcoin.com/another-mainstream-media-clickbait-scare-chinese-government-can-take-over-bitcoin/

🗞 Why the Service Industry Needs Blockchain, Explained

The service is developing not as fast as it could.

Like any other business, the service industry is trying to keep up to date. But there are still some issues slowing down the progress.

Read more & Source: https://cointelegraph.com/explained/why-the-service-industry-needs-blockchain-explained

BTC Trading update by @cryptopassion

As expected and explained you yesterday, we were testing the resistance line of the trading canal.
This is now broken and look the immediate effect => nice UP :

The next objective is now to go to test the second resistance line upper.
If we are able to break it, we should try to go test our previous highs :-) :-) :-)
Let's hope for a wonderfull end of year for the BTC !

🗞 Daily Crypto News, December 25th💰
🗞 Daily Crypto News, December 24th💰
🗞 Daily Crypto News, December 23rd💰