6 hours ago IRS Explains What Crypto Owners Must Know to File Taxes This Year Kicking off this year’s tax filing season, the U.S.Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns.This is the first time a cryptocurrency question has been included in the tax form.The IRS…
Crypto Hard Forks
Top 10 Congresspeople Working on Crypto Policy
Following a year that has seen unprecedented interactions between United States legislators and the crypto industry, Cointelegraph has compiled a roster of congresspeople who have established stances and policies for blockchain and cryptocurrency that will shape the future of the industry within the country. Some of the congresspeople listed are bullish on blockchain, while some…
Will Genesis upgrade signal the beginning of the Bitcoin financial powerhouse?
Unicef now accepting cryptocurrency donations You can now use bitcoin and ether to donate to the global agency focused on children’s rights.Featured What if 5G fails? A preview of life after faith in technology PayPal accounts abused en-masse for unauthorized payments Top cloud providers in 2020: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players…
Monex Crypto Market Weekly: January 31 – Market Insights
This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan).Monex is the parent of TradeStation Group.Summary Bitcoin (BTC) broke above $9,000 as the spread of coronavirus weighed on equities.BTC support moves up to the $9,000 breakout area, while resistance is around $9,500 Market…
The 10 most traded crypto of January
The first two weeks of January have brought a reawakening of the bulls.Bitcoin surged forward all the way to $8,700.Investors’ renewed confidence resulted in some feverish trading activity – culminating in the all-time high of $176bn on January 15.Let’s see which coin was the most traded cryptocurrency in January 2020.1) Tether (USDT) Currency pairs with…
Cardano bolsters science focus with new commercial strategy
Click here to view original web page at decrypt.co IOHK CEO and Cardano founder Charles Hoskinson said the platform is on track for mainet launch in Q2 this year.IMAGE: Decrypt Blockchain network Cardano has made a name for itself based on its robust scientific approach—so much so that its associated cryptocurrency, ADA, is now the…
Volatility, Illiquidity Threaten BSV’s Newfound Position
Volatility in bitcoin SV (BSV) is raising concerns about the resilience and stability of the world’s fifth-largest cryptocurrency by market capitalization, as ranked by CoinMarketCap. On Jan.14, at around 00:35 UTC, the price of BSV shot up 6 percent over a 10-minute period and 22 hours later, it was up a total of 139 percent…
Rare Bitcoin Stale Block Event Sees $3 Double-Spend | WhyLose.com
The Bitcoin network has seen its first stale block event since October 2019 resulting in a $3 double spend.With mining difficulty at an all-time high (ATH) and hash rate distributed among major players, Bitcoin mining is even now more competitive than ever.Bitcoin Network Produces First Stale Block Since Oct 2019 According to BitMEX Research, two…
IRS Intensifies Hunt For Crypto Tax Cheats
The IRS is taking steps to build cases against taxpayers who fail to report cryptocurrency.Despite more awareness of tax rules today, the IRS appears to believe that millions of transactions may be unreported.Taxpayers may think they will not be caught, but the risks are growing, and the best way to avoid penalties is to disclose…
Canadian Mining Firm Publicly Rejects Bitcoin Cash Tax Plan – BitlyFool.com
Share on Pinterest Share TAAL, a Canadian Bitcoin mining firm which mines Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV), has announced their plans to no longer mine on the BCH chain.This announcement comes in response to the unilateral announcement to impose a 12.5% mining tax on miners in order to fund BCH development.…