Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Coinbase / GDAX announced that they will be adding support for ERC20 tokens (a common token type of the Ethereum Network). They haven’t announced specific coins, but they are eluding to it.
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.
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.
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.
The crypto market rallied after days of correction as news spread that sentiment on cryptocurrency from the G20 summit was generally positive.
As we reported previously, Twitter has a problem with crypto scams. Crypto celebrities’ pages are being overwhelmed by impersonators.
Google, like Facebook did, is banning crypto ads in June. Meanwhile, the head of the IMF called for a global crackdown on money laundering and the financing of terrorism while noting the importance of cryptocurrency and its technology.
Good news, if you used only Coinbase to buy and sell crypto, your tax filing just got a lot easier. Coinbase has launched new tax tools including a tax calculator.
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