Daily Crypto News 23/12/2017 - All Cryptocurrencies Down, Good Time For Investment ? - Coinbase Back Up After Temporary Suspension

in cryptocurrency •  7 years ago 

Daily Crypto News 23/12/2017

Within the last 24 hours, only 3 of the top 100 assets by market capitalisation have posted a gain in the price. Bitcoin was trading at a low $12,500 at one point yesterday. Ripple was one of the 3 currencies to have a gain hitting a high of around $1.15 on bittrex

Coinbase, the most popular site for cryptocurrency transactions in the US, is back up after a short suspension of trading activity after the crash in crypto currency prices. A statement from the website said “Due to today’s high traffic, buys and sells may be temporarily offline. We’re working on restoring full availability as soon as possible.”

In Belarus, the government have cut taxes for cryptocurrency businesses. They did this to encourage the development of companies around cryptocurrency and blockchain. The law now states that “Turnovers, profits (income, proceeds) from various operations with tokens are not recognized as taxable items until January 2023”

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