Bitcoin and cryptocurrency round-up: 23 January 2018
Get today's crypto news, today.
South Korea may have sorted out its crypto tax, but things are much less certain in India.
The market correction continues, a new report finds that 10 cents on the dollar invested in ICOs goes missing and the Geneva crypto convention is set to convene. You can also take a deep dive into the issue of gender disparity in cryptocurrency.
1. South Korea settles it; India's in the air
Standard business tax based on exchange revenue stands to deposit hundreds of millions into South Korea's coffers.
Things remain much less clear in India, where conflicting reports and rumours of a bank crackdown have traders holding off.
2. Market correction continues
This downturn in the market is bringing different coins to the fore, with some clear green patches scattered through all the red on the board. And those green coins all seem to have something in common.
3. A 90% satisfaction rate is worse than it sounds
Research from Ernst and Young has found that about 10% of the money invested in ICOs is stolen, and the research also delivered another take on which coins are hot and which are not.
4. Crypto in Geneva
This Geneva Convention (no relation) will be focused on cryptocurrencies, bringing together world experts to talk economics, blockchain and ICO financing.
5. Gender in crypto
Is the gender disparity in cryptocurrency actually affecting market behaviour and prices? Spoiler: Hard yes.
6. Bonus round
- Bitcoin price lags while regulators raise fears and banks grapple
- Bitcoin price sees volatility around $37,000 with Pantera Capital projecting $115,000
- Ethereum price: Upswing may be on the cards as ETH continues leaving exchanges
- Bitcoin falls 10% in weekend trade as alts run
- Ethereum price: Upward surge noted but fears of near-term volatility continue to persist