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IRS Clarifies its Confusing ‘Airdrop’ Cryptocurrency Tax Policy


America’s top tax authority, the Internal Revenue Service (IRS), has somewhat provided clarification about its recent cryptocurrency tax guidelines. However, their final decision regarding taxing promotional airdrops is yet to be made. Critics pointed out a range of potential problems with...

'Altcoin Hype Has Largely Died Off' – Kraken CEO


Jesse Powell, CEO of major U.S. cryptocurrency exchange Kraken, believes that the hype surrounding altcoins in the Cryptoverse is at its dying breath. “Altcoin hype has largely died off,” said Powell in a recent interview with Ivan on Tech, a popular YouTuber. He explained his view by saying that...

Tron Prices Rise as CEO Justin Sun Admits He Invested in Poloniex


Justin Sun. Source: Twitter, @justinsuntron Tron (TRX) prices are up on the news that the company’s CEO Justin Sun is indeed an investor in the Poloniex exchange, which started accepting limit orders for TRX/BTC, TRX/USDT and TRX/USDC yesterday. Hour-by-hour Tron rates were still in the green...

Crypto Listing & Delisting Announcements: Week 45


Source: iStock/~UserGI15632523 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Market Sentiment Slightly Down; BTC and TRX Hold Their Spots


Looking at the 7-day moving average, the combined Sentscore for the top 10 coins by market capitalization dropped somewhat since last Monday, from 5.68/10 to 5.5, according to Omenics, a crypto market sentiment analysis service. Nonetheless, Bitcoin (BTC) and Tron (TRX) maintain their positions...

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