Ripple Becomes the #2 Crypto By Market Cap
Ripple surpassed Ether to become the #2 cryptocurrency by market cap in the last week of December reaching a market cap of more than $90 billion.
The Tax Rules for Crypto in the U.S. Simplified
To summarize the tax rules for cryptocurrency in the United States, cryptocurrency is an investment property and you owe taxes when you sell, trade, or use it.
Bitcoin is Struggling; But Those Who Sell Risk Missing the Forks
Bitcoin has struggled to stay in the $14k range after hitting a high of $20k. Logic might say sell and wait, but those who sell could miss a number of forks.
Bitcoin Private Fork (Zclassic + Bitcoin Fork)
Zclassic (ZCL) plans to fork Bitcoin (BTC) to create Bitcoin Private (BTCP). Holders of both Zclassic and Bitcoin will qualify for the Bitcoin Private fork. The snapshot date is February 28th, 2018.
John McAfee’s Twitter Hacked Leading to Fake “Coin of the Day” Tweets
John McAfee’s Twitter was hacked (somewhat ironically). The result was that some fake “coin of the day” Tweets that were quickly deleted.
Will Coinbase/GDAX Support All Bitcoin Forks?
Many Bitcoin forks have occurred or been announced. We know Coinbase/GDAX supports Bitcoin Cash and Bitcoin Gold, but will they support the new forks?
Beware the Verge (XVG) FUD
Verge became a top coin after John McAfee tweeted about it, but then some FUD spread on social media and everyone panicked. Let’s set the record straight.
20 McAfee Coins – John McAfee’s Cryptocurrency Picks
John McAfee was touting a cryptocurrency every day for 20 days, he switched to Tweeting about a coin a week. We list all his picks here.
Hello Correction; Crypto Went on Sale in Time for the Holidays
Sometimes the cryptocurrency market corrects by 25% or more. Dec. 21 – 22, was one such time. From a positive frame, crypto just went on sale for the Holidays.
Don’t Let the GBTC Drop Throw You Off Your Game
If you are invested in GBTC with your 401k or IRA, and your intention is to “go long.” Then you, like the Bitcoin investor, should consider “holding.”