ZEC decked

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August 12, 2019 TAX CLUES: The IRS’ recent warning letters to 10,000 traders offer hints at what its forthcoming guidance on crypto taxes might say. While the letters are not guidance, they suggest the IRS might be changing its required methods for calculating the value of crypto holdings and the forms and schedules for reporting them. However, major questions remain unresolved, including how hard forks and airdrops should be treated for tax purposes. Full story ZCASH DROPPED: The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash. According to customers, Coinbase UK is sending letters out warning people that they will need to convert their zcash (ZEC) holdings, or remove them to an external wallet, by Aug. 26. The cryptocurrency exchange gave no specific reason for the removal of the cryptocurrency. The Electric Coin Company, developer of zcash, appeared to confirm the news, saying in a tweet on Friday: “Those affected by Coinbase UK issues: this is limited to Coinbase UK only. ... No other exchanges in the UK [are] affected.” Full story DIGITAL YUAN: An official at China’s central bank has said the institution is nearing the launch of its digital currency, Bloomberg reports. Speaking at an event in China over the weekend, Mu Changchun, deputy director of the payments unit at the People’s Bank of China, said its researchers have been hard at work since last year to complete the systems needed to support the digital yuan offering and that it is “close to being out.” Full story BLOCKCHAIN BROWSER: A new patent application from IBM describes a blockchain-based web browser. Filed on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network that collects pre-specified information from web browsing sessions. Types of potentially storable session information include what websites one visits, bookmarks, task performance, geolocation, plugin installation, and security patches. One potential use-case cited is an attack on a computer’s browser. If secured by blockchain technology, a viable backup of all user information is available. Full story RANGE BREAKDOWN: Bitcoin is looking south, having dived out a four-day-long narrowing price range over the weekend. With the intraday charts now reporting a bearish continuation pattern, a drop below $11,000 looks likely. On the higher side, violation of resistance at $11,589 would invalidate the bearish view, although a weekly close above $12,000 is needed for a bull reversal. Full story BLOCKCHAIN TV: Blockchain-powered entertainment platform Breaker is breaking into the world of TV, reports Variety. The company has nabbed the rights to a six-part miniseries called “Bad Banks” and will provide the first episode at no charge in the U.S. The series is directed by Christian Schwochow, who previously worked on “The Crown.” Until now, Breaker offered a number of film and music titles. WHO WON #CRYPTOTWITTER Copyright © 2019 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

Victoria’s Secret & Cannabis?

Editors Note: Whether you own cannabis stocks or not, we encourage you to take a look at this opportunity from the team at IR Pub. Their recent recommendation is something you don't want to miss. What lessons can a cannabis & CBD company learn from Victoria's Secret? Quite a lot when you consider this:     Last year the cannabis industry generated $10.4 billion in the US.   It's estimated to grow to 194 billion in the next 6 years. [1]   That would be a 1,765% growth in the INDUSTRY in just a few years.   The CBD market is expected to grow to $22 billion from $200 million – a 10,900% gain in the size of the sector.   All that cannabis has to get into the hands of customers.   It needs to be retailed.    It could be one of the largest opportunities for retail in recent memory. This company put together a team of executives that know the retail market inside and out. Their team developed and executed winning retail strategies for Victoria's Secret, Bath and Body Works, American Eagle Outfitters, and DSW .  They're masters of retail... And they're putting that mastery to work  to tap into this massive and growing market. Learn exactly how they're doing it in this free report.     This is a paid advertisement. IR Pub LLC is publishing this advertisement, and IR Pub LLC is not offering (and is not responsible for) the product or service being advertised, and is not recommending or endorsing it. IR Pub LLC, the publisher of the advertisement, or one of its affiliates, is the owner of the CoinSnacks.com domain (collectively, the "Company" or "we" used herein). The Company bears no responsibility or control over the content of the advertisement and/or the product or service offered. Compensation Disclosure iR Pub received Forty - Thousand Dollars paid by Hybrid Financial for brand awareness, marketing distribution and investor education marketing of Green Growth Brands, Inc. for a period of 30 days. iR Pub has not received any shares nor owns any shares of Green Growth Brands, Inc. iR Pub may be compensated an additional Twenty-Thousand Dollars for this campaign for an extended period of time. For a full disclaimer | disclosure please click here: https://irpub.com/Disclaimers_Disclosures.php The Company is a publisher that publishes impersonal views which are not adapted to any specific person, portfolio or need. You understand that no content published as part of the information provided herein constitutes a recommendation that any product, service, particular investment, security, portfolio of securities, transaction or investment strategy is suitable for any specific person. 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PBoC crypto asset is "ready" / Goldman Sachs bullish on Bitcoin / Ether to hit $1,000 again

Inside Bitcoin presented by Xeric Watches.

Presented by Subscribe | View in browser Market Watch: Bitcoin remains within the $11,000 range, and has taken a step back from its Friday high of $11,700. Out of the top five, it's the only one in the red during trading Monday morning. Bitcoin: $11,373 (⬇️ 0.26%) // $203.2 billion market cap. Ethereum: $211 (⬆️ 0.18%) // $22.7 billion market cap. XRP: $0.301 (⬆️ 0.43%) // $12.9 billion market cap. Bitcoin Cash: $330 (⬆️ 2.50%) // $5.9 billion market cap. Top 100 Winner: bitUSD: $25.58 (⬆️ 88.12%) // $92 million market cap. Top 100 Loser: Egretia: $0.047 (⬇️ 8.37%) // $201 million market cap. Prices are as of 11:40 a.m. EDT.       1. The People's Bank of China (PBoC) is reportedly "ready" to launch its cryptocurrency. In an announcement, it states that research into the country's central bank digital currency has been ongoing for five years. Now, though, after some minor changes, the coin is "said to be ready." The timing of this follows on from Facebook's intention to release its Libra stablecoin in 2020. However, the social media platform has faced criticism from global regulators who are concerned about users' data protection. –SHANGHAI SECURITY NEWS       2. Coinbase is removing support for Zcash for its U.K. customers. In an email sent out on Friday, the platform stated that from August 26, customers in the U.K. will no longer have the option of holding the privacy cryptocurrency. Customers will have to either convert their funds into any other crypto on Coinbase or send it to a hardware wallet or another exchange. If funds aren't moved by the deadline, the platform will "automatically liquidate" customers' money into their GBP wallets before removing the Zcash wallet from their Coinbase account. The company hasn't given any reason yet for the delisting of Zcash. –THE BLOCK       A MESSAGE FROM XERIC WATCHES NASA just collaborated with Xeric Watches to create the perfect gift for space nerds Xeric has teamed up with NASA to create a brand new otherworldly collection of watches to celebrate the 50th anniversary of our landing on the moon. If you pre-order right now, you can secure the super early bird pricing and save 36% off the future retail price. 3. Now is a good time to buy Bitcoin, according to an analyst's note from investment bank Goldman Sachs. According to a tweet, the bank considers a short-term target for the number one crypto asset at $13,971 and that investors should consider purchasing any dips on the digital coin. The price target is based on the Elliott Wave Theory, which looks at market trends by noting investor movements, as well as price highs and lows. It added that Bitcoin would find support at $11,094, suggesting the first of a five wave count, and that it could move higher to $12,916 and then $13,971. Any retracement from the two latter figures present a buying opportunity, the note states. –COIN DESK       4. The price of Ether is likely to trade above $1,000 again, according to a Twitter survey. Conducted by Nik Patel, author of An Altcoin Trader's Handbook, 54 percent of those who took part think it will revisit $1,000. However, of the more than 5,400 respondents, 34 percent don't think it will. Ether reached a high of $1,400 during the crypto bull run at the beginning of 2018; yet, at the moment it trades at $212, according to CoinMarketCap. –COINTELEGRAPH       A MESSAGE FROM NOOM Find out how much weight you'll lose for good with Noom's free 30-second online evaluation.  Noom helps you build healthier habits to lose weight—no dieting needed! Get Personalized Support Every Step of the Way. You Can Do It with Noom! Start Now! Long Term Weight Loss. 14 Day Trial. Virtual Coaching. Services: Weekly 1-on-1 Appointment, Daily Lessons, Tracking Tools. 5. Nigel Green, CEO and founder of deVere Group, an independent financial consultancy, thinks that Bitcoin could hit $15,000 "within weeks." He is the latest figure to point to a falling Chinese renminbi against the U.S. dollar as the reason why Bitcoin is steadily being seen as a safe haven asset. Crypto bull Mike Novogratz is another who believes trade tensions between China and the U.S. could give the Bitcoin rally "real legs." –COIN RIVET       6. New Zealand's Inland Revenue Department (IRD) has published a bulletin stating that it's legal for companies to pay their employees in Bitcoin and other cryptocurrencies. However, one of the caveats is that the main function of the coin must be as a replacement for fiat, thus preventing companies from paying their employees in lesser-known altcoins. –THE NEXT WEB       7. Crypto mining hardware manufacturer Bitmain has accused a project of falsely using its name in a product known as Bitmain Cloud Miner and in the promotion of Mangocoin. In a blog posted on Friday, the manufacturer stated that it is not connected with the Bitmain Cloud Miner or Mangocoin and neither have been developed by Bitmain. –BITMAIN       8. The Zscaler ThreatLabZ team have uncovered the sale of a new Trojan being sold on the dark web enabling hackers to steal a person's bank details, cryptocurrency wallets, and online gaming credentials. Known as Saefko and written in .NET, the Trojan has been labeled a new threat to the space due to the variety of tools it offers potential hackers to unsuspecting victims. –ZDNET       9. New York-based bank Quontic is reportedly opening its doors to the crypto sector. Several weeks ago, the bank opened a checking account with a Bitcoin ATM company and is believed to be in talks with another crypto firm to open accounts with them. The bank is hoping that by taking action now, it will be one step ahead of others when regulations become clearer in the U.S. –FINANCE MAGNATES       10. Mexico's Federal District Government Transport and Highway Secretary is integrating with the MexiCar platform to secure, store, and track vehicle ownership and registration on the blockchain. The platform is being developed by DeepCloudAI and hopes to enable users to secure their vehicle registration through digital documentation with government agencies, insurance companies, and law enforcement. –ENTERPRISE TIMES       This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter. Editor: David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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