Kraken Won’t Answer New York AG’s Crypto Inquiry
Jesse Powell, co-founder and CEO of Kraken, has stated that Kraken won’t comply with the New York AG’s inquiry into crypto exchanges. To be fair, Kraken doesn’t operate in New York.
Creating an Average Position in a Volatile Asset Like Crypto
If you don’t have to skills or headspace to try to time the bottom and top of the insanely volatile crypto market, one tactic to employ is building an average position via dollar cost averaging.
The Altcoin Boom is Back on and Bitcoin on the Rise… for Now at Least
If you pay attention to crypto you know alts have had a really solid week or two and Bitcoin hasn’t been to shabby either. Are we breaking out of the bear market?
NY AG Launches Inquiry into Cryptocurrency Exchanges
New York Attorney General Eric Schneiderman announced that he is launching an inquiry into 13 cryptocurrency exchanges.
Cryptocurrency Verge (XVG) Partners With Popular Adult Sites
A few highly trafficked adult sites, including Pornhub, have partnered with Verge (XVG) and are now accepting Verge (XVG) as payment.
Credit Karma Says Few File Crypto Taxes… that Makes Sense Considering What is Required
Credit Karma reportedly said that as of April 13 fewer than 100 of their 250,000 most recent tax filers reported cryptocurrency transactions.
The “Bart” Crypto Pattern
There is a pattern so common in cryptocurrency trading that it has been nicknamed the “Bart” due to it looking the head and hair of an iconic character.
Tax Day is April 17th, Make Sure to File For Crypto or File an Extension
Tax day is April 17th (in the U.S.), you’ll need to make sure you have all your crypto trades, sales, and transactions reported. If you can’t get this done in time, consider an extension.
The Loopring Airdrops are Starting Soon
People may have noticed a price increase in Loopring (LRC), this is likely at least in part due to the fact that there are some airdrops coming up starting May.
Big Moves Have Been Being Made At Times When There is Low Volume
Lately a few notable price spikes and price drops in Bitcoin have been happening when trade volume is low. For example 4am PST / 7am EST.