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IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings

12.10.2019
The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies...

Bitcoin Price Diary: How REN/BTC Double Bottom Made Me 49% Profit

12.10.2019
“A bounce was somewhat inevitable,” a veteran trader explains after executing a profitable trade with REN/BTC and BTC/USD

Pushing for Crypto Self-Regulation Amid Tightening Government Scrutiny

12.10.2019
Crypto exchanges in different countries are exploring ways to pursue effective self-regulation in the face of tougher government laws

Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra

12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...

Next Bitcoin Halving May Not Lead to Bull Market, Says Bitmain CEO

12.10.2019
Jihan Wu, CEO of mining giant Bitmain, believes the next Bitcoin block reward

TradeSanta and HitBTC’s Collaboration to Offer 0% Trading Fee Opportunity to Traders

12.10.2019
Serving as one of the leading cryptocurrency exchanges in the European market, HitBTC has broadcasted the news of its strategic partnership with TradeSanta, the cloud software solution that allows us to create and manage bots efficiently. As per the announcement, the highly anticipated...

Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

12.10.2019
The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed...

Halving and Beyond: What the Future Holds for Bitcoin Miners

12.10.2019
Source: iStock/da-kuk Reward for mining Bitcoin (BTC) is estimated to halve in May 2020, dropping from today’s compensation of BTC 12.5 to only 6.25. The question is: how will this change the behavior of bitcoin mining companies/pools, and how will the bitcoin mining sector evolve more generally...

Michael Novogratz: Bitcoin has “one Store of Value,” While Other Cryptos are for Use

12.10.2019
There’s a growing debate in the crypto industry between the supporters of Bitcoin and other altcoins, about the general value, legitimacy, and usage. While some argue that each coin has its own value, others think all cryptos except Bitcoin will fall down someday. However, giant investor and market...

Fidelity Exec: We Are Very Careful About Where We Offer Cryptocurrencies

12.10.2019
Kathleen Murphy, personal investing president of Fidelity Investments, says that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients

Alipay Bans All Cryptocurrencies Transactions on Its Platform

12.10.2019
In a significant development that doesn’t bode well for the mass adoption of cryptocurrency, Alipay has decided to ban all the transactions involving Bitcoin and other cryptocurrencies. So that you know, Alipay is one of the subsidiaries of the Alibaba group, which is involved in the business...

5 of the Best Crypto Swapping Services

12.10.2019
Creating an exchange account, signing in and placing an order every time you want to switch cryptos is like using a sledgehammer to crack a walnut. It’s an incredibly inefficient way to jump between cryptos, and given that no exchange has all the coins, it necessitates creating multiple...

BTC Surf Expands Its Exclusive Offer for Its Community

12.10.2019
If you have been in the world of cryptocurrencies for a long time, you should have experienced the evolution of the business models. In the initial phase, there were many business models linked to advertising. The already known “faucets” and the PTCs (Paid To Click) were a viable way...

PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin

12.10.2019
After the proof-of-stake consensus algorithm is implemented, Ethereum will be more costly to attack than Bitcoin, says Vitalik Buterin

Slovenia Has the Most BCH-Accepting Physical Locations Worldwide

12.10.2019
Bitcoin Cash (BCH) merchant adoption continues to grow, but in certain regions worldwide like Australia, Japan, and New Hampshire, BCH acceptance is swelling. As each area pursues BCH adoption in a variety of unique ways, the Republic of Slovenia has seen massive retail approval as the payment...

4 New High-Powered Bitcoin Miners Revealed

12.10.2019
Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds...