The Ultimate Guide to Cryptocurrency Taxes & Trading
Cryptocurrency taxes can be a sticky subject. The question of whether you should report your crypto trades for tax purposes can be debated into eternity. You will get different answers from everyone, and a lot of different factors come into play. This post is not...
Walmart Wins Patent for Electrical Grid Powered by Bitcoin
Walmart made another stride into the blockchain sector today as its application for a patent to develop a crypto-powered electrical grid was granted. The retail giant, which has over 11,000 stores across 28 countries and generates in the region of $500 billion in...
Wells Fargo Bans Credit Card Cryptocurrency Purchases
Financial services giant Wells Fargo has banned its customers from purchasing cryptocurrency on credit cards, following similar moves earlier in the year by JP Morgan, Citigroup and Bank of America. Wells Fargo is the world's second largest bank by market...
Potcoin Sponsors Dennis Rodman to Attend Peace Summit
The little known Potcoin (POT) cryptocurrency hit the news again today as it sponsored former NBA star Dennis Rodman's trip to attend the high profile peace talks between President Trump and North Korean leader Kim Jong-Un in Singapore. Whilst not invited in any...
Fidelity’s Asset Manager Drops Rumors of Cryptocurrency Exchange
As the crypto markets seek to recover after another major price correction, many see an influx of institutional money as the most likely catalyst for further price growth. And with Japan's SBI Holdings launching their own crypto exchange earlier this month, there is...
CFTC Commissioner Says We Cannot Ignore Cryptocurrency
Rostin Behnam, the commissioner of the US Commodity Futures Trading Commission (CFTC) has spoken positively about the future impact of cryptocurrency technologies. Behnam said that cryptocurrencies “will proliferate to every economy and every part of the planet.” The...
EOS Launches Mainnet After Unanimous Vote
In the early hours of this morning EOS block producers voted unanimously to go live and launch the network, with EOSIO version 1.0.2 scheduled for launch later today. EOS is a decentralized operating system which enables the development of dapps (decentralized...
Putin Questions the Idea of a State-Backed Cryptocurrency
Speak to the uninitiated about crypto and one question that often comes up is “what's to stop governments launching their own cryptocurrencies?” The answer, of course, is nothing. Indeed, in February of this year Venezuela became the first country to launch a...
Coinbase Cooperating with Regulators to Bring Crypto to the Masses
Coinbase has always wanted its main business of cryptocurrency trading to be taken just as seriously by the establishment as securities and they’re doing their best to make this happen. The company has recently acquired Keystone Capital, a securities dealer whose...
Binance Relocates To Malta For A Smoother Crypto Conversion Service
Amidst vague rumors about shady trade volume manipulations inside its platform, Binance has essentially relocated itself to the sunny Mediterranean island of Malta, from its previous offices in Hong Kong, China and Japan. The move is however also arguably partly...