The bitcoin price is putting the crypto community to the test.Bitcoin fundamentals, however, remain solid.Altcoins are down in sympathy. It’s not easy being a crypto investor these days.China is sending mixed messages, the bitcoin price is in the doldrums, and there is major FUD being spread around the industry that is only exacerbating already precarious…
Crypto Hard Forks
A Major Ethereum Upgrade is Imminent: Here Are The Key Points to Remember | NewsBTC
Ethereum has had the week from hell.Despite solid fundamentals and a growing decentralized finance ecosystem, the world’s second largest crypto asset has dumped 20% since Monday.A major upgrade is imminent for the ETH network but can it revive prices? Ethereum Istanbul Imminent The eighth hard fork for the Ethereum blockchain is upon us and will…
Top 5 Common Misconceptions About Bitcoin
MrTopStep Stream 0 75% of US adults have heard about Bitcoin.But their information doesn’t always come from reliable sources.Whether they believe it’s magic internet money or a vehicle for drug lords and pedophiles, here are the 5 biggest Bitcoin misconceptions around.The Most Common Bitcoin Misconceptions 1.Bitcoin Is Anonymous It’s not surprising that one of the…
Silvergate Bank CEO Bets on Higher Crypto Price Volatility After $40M IPO
Crypto-friendly Silvergate Bank is spending cash from its initial public offering this month to expand its offerings, anticipating higher cryptocurrency price volatility will fuel rising trading volumes and deposits. In an interview, Silvergate CEO Alan Lane said the IPO is providing fresh capital for new products to meet the rising demand from institutions for full…
This Week in Crypto: Bitcoin Narrative Strengthens Amid PayPal Debacle, Ethereum Istanbul Nears, Bakkt Swells – Live Coin Watch – Bitcoin & Cryptocurrency News
This Week In Crypto is a weekly segment from the Live Coin Watch News team, providing readers with a fun, succinct, and pertinent summary of the most important Bitcoin -related events in the past seven days.This Week in Crypto: RBC May Launch Crypto Asset Exchange: Reported by The Logic, a Canadian innovation-centric news outlet, Royal…
You Might Owe Cryptocurrency-Related Taxes
By Peter S.Vogel & Chelsea HilliardNov 20, 2019 10:13 AM PT Got your attention? We thought so. In a recently published Notice, the Internal Revenue Service seems to be offering some cautionary advice about the legal risks associated with using cryptocurrencies to avoid capital gains taxes. Likely displeased by the volume of folks who have…
Bitcoin ATMs catch the attention of the IRS
The IRS has turned its gaze towards bitcoin ATMs and their potential for illegality.But is it justified? Image: Unsplash The United States Inland Revenue Service (IRS) has been slowly turning its gaze towards crypto.First, it issued guidance on crypto tax liabilities–that some described as “absurd–now, its sights are set on Bitcoin ATMs. Bitcoin telling machines…
Grin Devs Respond: Mimblewimble Privacy Isn’t ‘Fundamentally Flawed’ | Crypto Breaking News
Subscribe to updates Unsubscribe from updates The developers of privacy -centric cryptocurrency Grin ( GRIN ) have hit back at the fundamental claims of an article purporting to have “broken” the coin’s privacy model. In a Medium blog post published on Nov.19, Grin core dev Daniel Lehnberg argued that the so-called breakage did not go…
IRS Kills Tax Free Crypto Exchanges? Not Hardly
In 2014, the IRS said crypto was property.Five years went by, and the next thing the IRS said was that hard forks were taxable.How about swaps of crypto for crypto guidance? Not so much.There is no official guidance, although we all know that by statute, 1031 now applies only to real property.How about for 2017…
Researchers debunk theory that single whale caused 2017’s Bitcoin bull run
Researchers debunk theory that single whale caused 2017’s Bitcoin bull run Story by 62 Shares Specialist blockchain research ers have debunked an academic paper that claimed Bitcoin ‘s astronomical price surge duri ng the infamous 2017 cryptocurrency bull r un was caused by a single whale . The paper, which Hard Fork previously reported on…