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What to Expect When the IRS Alters Its Bitcoin Tax Policy
7.6.2019
Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for
Blockstream Developers Alleged to Earn $850K Per Year
7.6.2019
There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core software company are alleged to earn up to $850K per year thanks to a “stock option” that sees them paid 20% of their salary in BTC. That BTC is pegged at the price...
Margin Lenders on Poloniex Lost $13.5 Million Due to Flash Crash
7.6.2019
Margin lenders on crypto exchange Poloniex have lost around $13.5 million due to a flash crash
US Congressman Seeks Tax Clarity for Cryptocurrencies
6.6.2019
A U.S. congressman proposed tax breaks for cryptocurrencies, arguing that current IRS codes are unreasonably demanding and deterrents to blockchain businesses
Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price
6.6.2019
A study on cryptocurrency discussions on Reddit has been published by the University of Notre Dame and the Pacific Northwest National Laboratory
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
Major Coins See Red Following Reports That FOMO Fueled May’s Rally
6.6.2019
Crypto markets see red following reports that May’s rally was fueled by fear of missing out
SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval
6.6.2019
Custody and market manipulation need to be dealt with before a cryptocurrency ETF can be approved, said SEC Chairman Jay Clayton
Egypt Lays Out Path for a Crypto Future With Draft Law
6.6.2019
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology?
Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation
6.6.2019
Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February
Bitcoin Miners 'Highly' Profitable Again, China Still Dominates
6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...
Why Bitpay Is Really Charging More for BTC Transactions
6.6.2019
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again. Also Read: How...
Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
6.6.2019
The current outlook for the crypto market has been downgraded from mildly bullish to uncertain in a new volatility report
This USD 100M Fund Goes Long on Ether, Plans Bitcoin, Filecoin Funds
6.6.2019
Darma Capital, a USD 100 million investment firm, is already looking for investors that believe that Ether, the native token of the Ethereum platform, is poised for a 10-year bull run, Bloomberg reported, citing Andrew Keys, a managing member in Darma.
The firm also aims to create similar funds...
3 Top Executives Depart Online Lending Fintech Startup SoFi
6.6.2019
Three top executives have departed fintech startup, SoFi, known for its online crypto lending services
SEC Confirms Ethereum As Legal Usable Currency, Terms KIN Token As Securities In A Lawsuit
6.6.2019
The legality of Bitcoin and Ethereum as a legit currency has been under the scanner for a long time. However, speculations were ended on June 5, when the Securities and Exchange Commission (SEC) confirmed Ethereum as a legal tender and usable foreign currency. In a lawsuit against Kik’s (KIN)...
Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
6.6.2019
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies
Ethereum vs Bitcoin: ETH and BTC Progress with Slow Recovery
6.6.2019
In the last two days, Ethereum has gone through frequent price slumps. The coin was struggling to break the bearishness that lasted for a couple of days. However, since yesterday, the ETH price is slowly moving upward. Bitcoin price, on the other hand, has also increased in the last 24 hours....
Binance Hires Former NBA, Dell Exec to Head Global Strategy Initiatives
6.6.2019
Crypto giant Binance has a new strategic officer with experience in the department from similar positions at Dell and the NBA
Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability
6.6.2019
Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds