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Tax Guide: What Crypto Owners Should Know


With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...

Bitcoin Trades Around $8300; Resistance may Come at $8435


Bitcoin manages to stay above 8,250 USD, while trades around 8,300 USD in the last 24 hours. The next resistance may come by 8,435 USD. Bitcoin has been successful in maintaining its value around 8,250 USD over the last 24 hours, and the three price swings have given a range between 8,166 USD...

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin


The BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is...

Bitcoin Price Indicates Relaxed Fall Since August


Bitcoin (BTC) moves towards the support level Bitcoin price is seen dealing with the bears. The price movement in the currency is quite surprising as the month has experienced a heavy fall in BTC that took it to $7,800. The current price also indicates an intraday loss which is expected to stay....

IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings


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...

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


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...

Alipay Bans All Cryptocurrencies Transactions on Its Platform


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...

BTC Surf Expands Its Exclusive Offer for Its Community


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...

Slovenia Has the Most BCH-Accepting Physical Locations Worldwide


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


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...

Swedish Government Auctions Cryptocurrency Again


The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11. Also read: Sean Walsh: Cryptocurrencies Can Harness...

5,200 Tobacco Shops in France Now Sell Bitcoin


Bitcoin can now be purchased at 5,200 tobacco shops in France. Fintech startup Keplerk launched the service on Oct. 10 after halting it for many months. France’s 24,000 licensed tobacco shops have diversified into non-tobacco products to boost revenue. Also read: IRS Issues New Crypto...

Bitcoin Stagnates at $8544 After a Mere Decline of 0.84%


Bitcoin loses 0.84% over the last 24 hours The next resistance may come at 8,650 USD Bitcoin has been through huge volatility in the price movements over the last 24 hours but there is only 0.84% decline in the value in this period. The price movements have been in the range between 8,654 USD...

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