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Three Solutions for Crypto Traders When Markets Get Volatile

23.8.2020
Bitcoin (BTC) is back! And so is the rest of the cryptoasset market. But their return has also heralded the comeback of market volatility. While experienced traders have been rejoicing at intraday price movements of 5% to 15%, enabling them to make substantial daily gains, not everyone...

IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form

22.8.2020
The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired...

Soaring, Plunging, Being Indecisive, and 20 Crypto Jokes

22.8.2020
This week in crypto, bitcoin couldn’t make up its mind about staying above USD 12,000 as price went up to new yearly highs, while the hashrate dropped 25% in three days, as floods hit Southwest China. Then YFI exceeded BTC’s price, Tron dropped while JustSwap went live, while OMG soared on Tether...

Grayscale’s Litecoin and Bitcoin Cash Trusts Trade for Tremendous Premiums

22.8.2020
This week data from Arcane Research shows there’s been massive demand for Grayscale’s recently launched publicly traded crypto trusts. Following the trusts getting DTC eligibility last monday LTCN (litecoin) shares have been selling for a 753% premium while BCHG (bitcoin cash) shares...

Interest in Crypto Up in Belarus as ‘Information War’ Rages

22.8.2020
Amid unconfirmed reports pertaining to be from Belarus, the nation could soon impose foreign currency exchange limits – a move that some think could drive citizens to crypto en masse. Protests and strikes continue in the country after a disputed general election returned incumbent president...

18% of Asked Americans Bought Crypto, Most Know Only Bitcoin - Survey

21.8.2020
Nearly 20% of asked Americans bought crypto, but most of the surveyed people are familiar with bitcoin (BTC) only - and know nothing of altcoins, a recent survey concluded. Commissioned by Coinflip, a major US-based Bitcoin ATM operator, the survey included 1,005 respondents, whose responses...

Japan: Demographic Shift Sees Younger Folk Flock to Crypto + More News

21.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Japanese crypto exchange bitFlyer has reported that there has been a shift in the demographic of its user base, with more people...

John McAfee Ditches Ghost Crypto Project: He Says It Will Fail

21.8.2020
Two-time U.S. presidential candidate John McAfee has announced that he is leaving the ghost cryptocurrency project, claiming that it will fail “without a doubt” and his reputation has been damaged. His Ghost phone service, however, will be launched as planned, he emphasized, adding that...

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