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Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event


The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...

Now Transact Bitcoin Through Blockstream’s Satellite Technology


The technology in the domain of blockchain has taken now another joint leap with Bitcoin registering the swop against the dollar through the satellite broadcast network of Blockstream. This is for the very first time that the transaction via satellite took place and it is considered as a milestone...

Bitcoin Price Analysis: Bitcoin (BTC) Price Plunges in the Intraday Chart


Bitcoin has locked itself at $10,600 level. Whenever there is a fall in the market, Bitcoin is found hovering around the same level. The stability in the coin has hyped our expectation. Today, the market is again suffering, and most of the coins are seen fall. Bitcoin is again at $10,600 and...

Goldman-Backed Apple Card Restricts Cryptocurrency Purchases


Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward...

Bitcoin (BTC) Price Rally Indicates a Heavy Upsurge in Price


Bitcoin continues to climb without and pull back. BTC price momentum indicates a brighter future ahead. Currently, Bitcoin price was trading around $10,600 mark. Well, the intraday traders will consider a loss of $200 as the coin closed yesterday around $10,800. The same indicates that BTC will...

How Much Bitcoin Is Really Being Traded in Zimbabwe?


If you are a regular reader of crypto media, you may be under the impression that Zimbabwe is one of the hottest bitcoin trading hubs in the world. Faced with a struggling economy and the re-introduction of a previously-failed sovereign currency, the Southern African state has been labeled as...

Research Reports Show Positive Crypto Industry Growth in H1 2019


More than half the year is behind us and the cryptocurrency ecosystem continues to move forward, showing relentless growth over the last six months. 2019 has also seen a new theme arise as speculators believe the cryptocurrency ecosystem is experiencing an influx of institutional interest...

P2P Crypto Lending Is on the Rise


As peer-to-peer cash, it only seems logical that cryptocurrency should be deployed for P2P lending. While that application has taken time to materialize, bitcoin and other crypto assets are now increasingly fulfilling that purpose. Across the BTC, BCH and ETH networks, credit is being supplied...

Bitcoin.com is about to Launch Its Cryptocurrency Exchange This September


Bitcoin.com is all set to launch its digital currency exchange on 2nd September 2019. The exchange, dubbed as Exchange.Bitcoin.com, will be a secure and fast trading platform for digital currencies catering to new traders and experts alike. As per the announcement press-release by Bitcoin.com,...

More Signs the Next Big Financial Crisis May Begin in Germany


Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the Old Continent usually catches cold. This time, Germany may infect the rest of the world as well. An economic and financial crisis there...

The Modern Era of Free Range Slaves: How Bitcoin Breaks the Mold


In a string of recent Tweets, 2020 Libertarian presidential candidate and fugitive from the law John McAfee has been talking about slavery. Urging people to “wake up” and assuring them that neither compliance with the status quo, nor stacks of riches, can set them free. Indeed, when...

Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto


On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description...

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