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.
CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
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.
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 was hacked (somewhat ironically). The result was that some fake “coin of the day” Tweets that were quickly deleted.
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.
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.
Charlie Lee (the creator of Litecoin) has sold/donated all of his Litecoin. The idea being this will let him focus on Litecoin development and comment on it freely.
Bitcoin Cash was listed on Coinbase/GDAX on Dec. 19. There were some questionable price increases in the hours leading up to the listing. Coinbase is investigating insider trading.
They rumors were true. Coinbase/GDAX has listed Bitcoin Cash. Bitcoin Cash will now be tradable on both Coinbase and GDAX.
The total market capitalization of the cryptocurrency market has gone from $60 billion in September 2017 to over $600 billion in December 2017.