IRS Reminds Taxpayers to Report Virtual Currency Transactions
The IRS has put out a reminder on tax responsibilities for cryptocurrency. In summary, you have to report transactions and pay taxes on selling, trading, or using cryptocurrency.
The IRS has put out a reminder on tax responsibilities for cryptocurrency. In summary, you have to report transactions and pay taxes on selling, trading, or using cryptocurrency.
The mood of the Bitcoin market changed since falling from $11.6k. Mood changes are common in crypto, and thus understanding them is important.
There is a battle of bears vs. bulls in crypto land this weekend, and the prize is $9k. Bulls want to charge past it; the bears do not. It is TENSE!
Cryptocurrency has been a little bit more volatile than usual lately, big upward and downward price movements are coming quickly and with little warning. That isn’t good or bad, it just is.
Binance, a popular exchange, has release a Mac version of their desktop app after only having a PC version up until this point.
After a pretty epic crypto run, Bitcoin pulled back a bit at $9.1k and took other cryptos with it. This was magnified by some news which spread Fear, Uncertainty, and Doubt. Otherwise, there is some good news.
Loopring is doing some airdrops for LRC holders starting in May. The details are complex (as frankly Loopring is complex), but the gist is LRC holders will get the LRx cross-chain token. LRx is also available for purchase via a pre-sale.
Steven Russolillo said Bitcoin looks like the dot-com bubble at 15x speed. One could argue that Bitcoin is a bubble and bust economy in hyperspeed, and thus the comparison is notable.
Cryptocurrencies are finally seeing some gains again after Bitcoin rallied after reaching a monthly low of about $7.2k. There is a long road ahead, but this is good.
In cryptocurrency there a few legit ways to get free coins by holding cryptocurrency, one is to hold crypto in that coin’s wallet when an airdrop occurs.
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