Most Tax Filers Haven’t Reported Crypto Profits / Losses, But it’s Still Early
Preliminary reports show that only a small percentage of tax filers have reported cryptocurrency gains or losses. However, it is still early in the tax season.
Bitcoin Breaks $10k Again, as Most Alts Dip in BTC Values
Bitcoin (BTC) broke $10k after a long correction. However, this move came at the expense of alts. Alts are holding up in terms of fiat values, but they have been outpaced by BTC in the short term as regards BTC values.
Ethereum Classic “Airdrop” (Callisto) Explained
There is a Callisto (CLO) airdrop planned for Ethereum Classic (ETC) holders. A snapshot will occur at block 5500000. Those who held ETC during the snapshot will get CLO coins at a 1:1 ratio during the airdrop.
Coinbase Launches Coinbase Commerce for Merchant Services
Coinbase launched a new platform, Coinbase Commerce. The goal is to provide an easy to use platform for merchant services (for businesses to accept cryptocurrencies).
The Litecoin Fork (Litecoin Cash) Explained
Litecoin is being forked and Litecoin Cash (LCC) is being created. The Litecoin Cash fork will occur at block 1371111 on Sunday Feb. 2018.
Cryptocurrency Gift Ideas for Valentine’s Day
Here are some cryptocurrency gift ideas for Valentine’s day. This list includes things you can buy with crypto, ways to give crypto, and some crypto related gifts.
If You Bought Crypto in Early 2017, and Traded in Late 2017, there are Tax Implications
If you bought crypto in early 2017, then traded in late 2017. Then you likely owe taxes on profits from 2017. This can pose issues given the current prices of cryptocurrency in 2018.
Some U.S. Banks Block Buying Crypto with Credit Cards and More
Bank of America, JPMorgan Chase, and other banks have blocked users from buying cryptocurrencies with credit cards. Some have blocked other crypto related purchases.
MyEtherWallet Rebrands to MyCrypto (Sort of)
The Ethereum wallet provider MyEtherWallet changed its name to MyCrypto. Although the situation is a little complex, this doesn’t effect the MyEtherWallet product.
Coinomi Wallet to Support Zclassic and the Bitcoin Private Fork
Coinomi announced on its Twitter that it will be supporting the cryptocurrency Zclassic as well as the Zclassic Bitcoin fork “Bitcoin Private.”