The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. Also read: 10 Tax Tools […]
The post IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In appeared first on Bitcoin News.
https://news.bitcoin.com/irs-issues-new-crypto-tax-guidance-after-5-years-experts-weigh-in/
Bityard, the world’s leading digital contract trading platform, has officially launched. According to industry authoritative sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple transactions.
The post Bityard Has Now Officially Launched – Register now and earn 258 USDT for Free appeared first on Bitcoin News.
https://news.bitcoin.com/bityard-has-now-officially-launched-register-now-and-earn-258-usdt-for-free/
On April 8, 2020, the Bitcoin Cash network officially halved as of block 630,000 and BCH miners hashing away at the network will capture 6.25 coins per block going forward. The BCH halving is the first major SHA256 branch to halve its block reward, as BSV and BTC will halve as well within the next […]
The post The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined appeared first on Bitcoin News.
https://news.bitcoin.com/bitcoin-cash-block-reward-halved-block-630000-mined/
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank has started the printing presses.
The post Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep the Economy Going With a ‘No Limit’ Printing Press appeared first on Bitcoin News.
https://news.bitcoin.com/swedens-response-to-coronavirus-no-masks-keep-economy-going/
Digital asset markets have been gathering some gains during the last few days and tokens like stablecoins have seen massive demand since the start of the market carnage. Alongside stablecoins, gold-backed digital assets like Tether Gold, Pax Gold, and Digix Gold have seen tremendous trade volumes as well. In fact, cryptocurrencies that claim to be […]
The post 5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums appeared first on Bitcoin News.
https://news.bitcoin.com/gold-backed-tether-gold-digix-premiums/
Virgin Galactic Chairman Chamath Palihapitiya has shared his bitcoin investment strategy, predicting that bitcoin’s price could reach a million dollars. He further suggested that everybody should have 1% of their assets in bitcoin since it is “a fantastic hedge.” Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Bitcoin’s Price […]
The post Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some appeared first on Bitcoin News.
https://news.bitcoin.com/chamath-palihapitiya-bitcoin/
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.” Also read: 5% Over […]
The post Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments appeared first on Bitcoin News.
https://news.bitcoin.com/deutsche-bank-post-covid-19-economy-digital-payments/
Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are […]
The post Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion appeared first on Bitcoin News.
https://news.bitcoin.com/traders-buck-trend-crypto-market-cap-200-billion/
With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.’ However, a few speculators believe digital assets in […]
The post Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy appeared first on Bitcoin News.
https://news.bitcoin.com/hyperbitcoinization-post-covid-19-shadow-economy/
One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about the subject and the article […]
The post Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow appeared first on Bitcoin News.
https://news.bitcoin.com/s2f-models-analysts-question-stock-to-flow/
Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases. Also read: IMF […]
The post 2 American Banks Have Failed Since Coronavirus Started Spreading in the US appeared first on Bitcoin News.
https://news.bitcoin.com/us-banks-failed-coronavirus/
Sensorium Corporation has listed its digital currency Senso Token on HitBTC one of the oldest and most advanced cryptocurrency platforms operating today. The move follows a recent listing of Senso Token on the KuCoin cryptocurrency platform and signals Sensorium’s intention to expand its operations and enable users to engage deeply with Sensorium Galaxy, the unique and industry leading 3D social virtual reality platform.
The post Sensorium’s Senso Token Lists on the Top Ten HitBTC Cryptocurrency Exchange appeared first on Bitcoin News.
https://news.bitcoin.com/sensoriums-senso-token-lists-on-the-top-ten-hitbtc-cryptocurrency-exchange/
Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S. dollar and how one should take the government’s free money and buy bitcoin. The best-selling author also explained the cost of free money. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars […]
The post Rich Dad Poor Dad Author Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin appeared first on Bitcoin News.
https://news.bitcoin.com/rich-dad-poor-dad-robert-kiyosaki-bitcoin/
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations […]
The post 10 Countries Actively Regulating Cryptocurrency Despite Global Crisis appeared first on Bitcoin News.
https://news.bitcoin.com/cryptocurrency-global-crisis/
Bitcoin.com’s Cashfusion Fund officially surpassed the fundraiser goal by 103.3% or $51K worth of bitcoin cash spread out between 623 donations. The funds will go toward Cashfusion developer expenses and a security audit from Kudelski Security. Bitcoin.com also matched the funds donated so Cashfusion can provide bitcoin cash users with the best privacy methods available […]
The post Bitcoin.com’s Cashfusion Fund Exceeds Goal: $100K Raised for Bitcoin Cash Privacy appeared first on Bitcoin News.
https://news.bitcoin.com/bitcoin-coms-cashfusion-fund-exceeds-goal-100k-raised-for-bitcoin-cash-privacy/
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered […]
The post ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies appeared first on Bitcoin News.
https://news.bitcoin.com/ico-crackdown-11-class-action-lawsuits-filed-against-cryptocurrency-companies/
Since the supreme court lifted the RBI ban, more people have been looking to buy bitcoin and other cryptocurrencies in India. Responding to community feedback, a number of cryptocurrency exchanges have lowered their fees as the Indian crypto sector continues to grow. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars […]
The post Where to Buy Bitcoin in India: Cryptocurrency Exchanges Lower Their Fees appeared first on Bitcoin News.
https://news.bitcoin.com/buy-bitcoin-india-cryptocurrency/
The owners of the website Freebitco.in have announced a coronavirus relief fund following the myriad of other crypto companies donating funds to help fight the covid-19 pandemic. Freebitco.in is an extremely popular gaming website that saw more than 40 million visitors last month in web traffic and the site ranks #2,379 globally according to Alexa […]
The post Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts appeared first on Bitcoin News.
https://news.bitcoin.com/freebitco-in-gaming-launches-covid-19-relief-fund/
The coronavirus outbreak has sent shockwaves through the world’s economy and this has caused politicians and central bankers to react in various ways. However, global market leaders, Wall Street CEOs and hedge fund managers had one of the best years in more than a decade since the 2008 financial crisis. In fact, evidence shows that […]
The post Evidence Shows Politicians and Wall Street CEOs Expected the Market Crash Well Before Covid-19 appeared first on Bitcoin News.
https://news.bitcoin.com/politicians-wall-street-ceos-expected-market-crash-before-covid-19/
Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also approved a new cryptocurrency exchange as the country continues to fight the covid-19 outbreak. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions […]
The post Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis appeared first on Bitcoin News.
https://news.bitcoin.com/malaysia-cryptocurrency-covid-19/
We promise to keep your email safe and never spam you.
