Some Pros and Cons of Cryptocurrency (from the Perspective of March 2018)
Cryptocurrency is full of risks and rewards. Thus, it stands to reason it carries with it a number of pros and cons. Here are some pros and cons of crypto to consider.
Do a Double take on Any Crypto News From April 1st (April Fools Day)
Just a reminder, any news that came out about crypto on April 1st (April Fools) is likely to be an April Fools joke. Here are a few examples of April Fools crypto jokes to illustrate.
These Videos Will Make You Feel Better about Cryptocurrency
This week hasn’t been the happiest of weeks for crypto holders. That said, here are a few cryptocurrency videos that will help take your happiness to the moon.
Beware the Cryptocurrency FOMO
When a bottom has been hit, or when a asset is soaring toward a high, it can be tempting to buy or sell on impulse due to the fear of missing out. Watch out for that.
Search Volume for Crypto Terms has Been Correlating With the Price
Search volume for cryptocurrency related terms has been correlating with the value of the cryptocurrency market over time. The same is true for the term Bitcoin and Bitcoin’s price.
There is Crypto Tax Software that Can Help… but There are Problems
There is crypto tax software that can potentially help you in terms of reporting cryptocurrency gains and losses at tax time. We explain your crypto tax software options.
Be Careful With Crypto in the Short Term
2018 has real potential to be a big year for Cryptocurrency. However in the short term the markets are volatile and tricky to navigate. Here is some basic insight.
How Coinbase Approaches Forks and Airdrops
Coinbase has stated how they will treat forks and airdrops for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Essentially, they will support stable quality forks and airdrops that meet their criteria.
Coinbase / GDAX Adding ERC20 Support (Does this Mean New Coins?)
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.
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.