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IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners


The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com....

Klever Raises $1.5 Million in KLV In-App Offering on TronWallet


Prominent crypto wallet on the TRON network, TronWallet announced on Monday that it has successfully concluded its in-app sale of the KLV token. Klever, the transformed platform of the wallet, managed to raise more than $1.54 million in P2P crowdfunding via the in-app offering. $KLV In-App Offering...

$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars


Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...

Bitcoin.com Wallet Launches Cred’s 1-Touch “Earn” Button


Bitcoin.com, a global blockchain leader with over 11 million Bitcoin wallets, and Cred, a global blockchain-enabled financial services platform serving clients in 190 countries, today announced a major milestone in their ongoing strategic partnership. The latest Bitcoin.com wallet now features...

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


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...

NEO Breaches 1-year High at $17 with a Bullish Bias


NEO strengthens and breaches yearly resistance above $15 at $17.68 just at the onset of the week. Ranked amongst the top 20 coins of the global crypto market, NEO is one of the developing blockchain networks holding a market capitalization of over $1.2 billion with the bullish intraday sentiment....

Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations


There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule....

Analyst: Chainlink Is Another Altcoin Bubble as Price Crashes 20% in 48 Hours


Chainlink is a bubble that is waiting to burst, and the token will eventually lose 99% of its value, according to crypto investor and analyst ‘Cryptowhale’. The warning comes as the price of Link tumbled 23% to $15.41 in 48 hours. Cryptowhale this week told his 28,000 Twitter followers...

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