Bitcoin, ETH and XRP are breaking out, good crypto news: Facebook’s WhatsApp coin, Bakkt and USA new tax rumors

While many are wondering what is happening in crypto world after 40% 50% drop in 2 weeks and now breaking out from 15% to 60%, many are selling to claim their loss for the taxes and some are holding for jan 2019 huge breakout. So based on where you come from you are also waiting for the new rumors of tax rules change in US. US may exclude crypto exchange and under $600 payment from tax calculations.

Beside tax rumors CNBC just reported on the The social media giant facebook plans on developing a way to use cryptocurrency to transfer money on WhatsApp messenger in India, Bloomberg reports. But it’s not using bitcoin. Instead, Facebook plans to use a “stablecoin,” a digital currency pegged to the U.S. dollar. Facebook’s hiring of former PayPal President David Marcus sparked rumors that the company would eventually dive into financial services.

Facebook is one of many tech and financial services giants at least exploring blockchain, the technology underlying bitcoin and other cryptocurrencies. Amazon, J.P. Morgan, Walmart and IBM are among other well-known companies testing the technology. Its potential has been compared to the internet but so has its hype.

Bitcoin soaring this week as the markets selloff. Here’s what @coinbase president @asiffhirji had to say about the move pic.twitter.com/dCrXkhq5bz

— CNBC’s Fast Money (@CNBCFastMoney) December 20, 2018

Binance adds XRP quote Pairs

We will be adding a couple trading pairs with XRP as the quote currency shortly.

And rename ETH markets to ALTS market. Running out of space on the UI.

Merry Xmas!

— CZ Binance (@cz_binance) December 24, 2018

Coinbase Crypto-to-Crypto opening doors to millions in crypto trading

Coinbase has officially enabled crypto-to-crypto trading on the platform. So far, trading pairs are available between Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ethereum Classic.

Starting today, you can convert one crypto to another on Coinbase. Conversions are available between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX), or Bitcoin Cash (BCH).
It’s Day 8 of 12 Days of Coinbase. Learn more: https://t.co/VshJf7FOMZ pic.twitter.com/wLyJPfkKcA

— Coinbase (@coinbase) December 17, 2018

Coinbase is exploring the addition of 30+ new digital assets. It’s our goal to offer support for all assets that meet our standards and are compliant with local law. https://t.co/Hl2zbVodLl

— Coinbase (@coinbase) December 7, 2018

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Mohsen Daemi|News author and moderator for news and gaming articles in ultragamerz.com. Mohsen as video games news reporter along everybody in ultragamerz work hard to bring you all the gaming news from direct and trusted sources. Mohsen provides the most recent news and trends of gaming. He has been Working last 6 years on online platforms, medias and online publishing. He was a contributer for fotoup.com and now in popular-photo.com. Mohsen is based in Massachusetts. In ultragamerz we provide the most recent news of technology and gaming.

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