This Week in Crypto

This Week in Crypto

Crypto never stays boring.   Crypto never stays boring with news all over the world confirming its growing legitimacy.    It also covers its growing pains as well. Blockchain technology continues to prove itself a trending winner amongst institutions and individuals...
BAKKT Trading Volume Spikes 800%

BAKKT Trading Volume Spikes 800%

Bakkt trading increases 800 percent!   Bakkt trading increases 800 percent for Bitcoin futures.   This is in stark contrast to what happened to bitcoin when Bakkt first launched, with Bitcoin slumping when it happened.    Bitcoin futures contracts are being traded on...
AliPay Bans ALL Bitcoin-Related Transactions

AliPay Bans ALL Bitcoin-Related Transactions

Alipay bans bitcoin transactions!   Alipay bans bitcoin transactions as well as other cryptocurrencies. Alipay, the digital payment arm of Chinese e-commerce giant Alibaba, reiterated its anti-crypto stance in a twitter thread.    There're several reports about...
IRS Bitcoin Tax Guidance

IRS Bitcoin Tax Guidance

IRS Issues Crypto Tax Guidance!  The IRS issues crypto tax guidance following a 5 year hiatus on providing guidance to US crypto holders. Industry members have been waiting for this update since May of 2019 when IRS Commissioner Charles Rettig said that the agency was...

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