Tag Archives: crypto

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

As U.S. cryptocurrency users eagerly await tax guidance from the Internal Revenue Service (IRS), they can find hints of what may come in the agency’s recent warning letters. The tax collector said earlier this year that its first guidance on crypto since 2014 is coming, but it’s not clear what information will be provided or when it will […]

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

Yesterday, President Trump took to Twitter to castigate the U.S. Federal Reserve for not cutting rates swiftly enough. Noting that three countries—New Zealand, Thailand and India—each announced surprise rate cuts on Wednesday, Trump said the Fed was not keeping pace: [The Fed] must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW… We […]

The Bitcoin Perpetuals Swaps Market is Growing – What You Need to Know

The Bitcoin Perpetuals Swaps Market is Growing – What You Need to Know

The perpetual swaps market for cryptoassets is growing. First brought to market by leading crypto derivatives exchange BitMEX in 2016, perpetual swaps on bitcoin have started to gain more traction among crypto traders in the past twelve months. Today, several exchanges offer perpetuals while market leader BitMEX claims its perpetual contract sees five to ten billion dollars […]

Michael Novogratz Likens Beyond Meat’s Surge to the Bitcoin Bubble

Michael Novogratz Likens Beyond Meat’s Surge to the Bitcoin Bubble

Billionaire hedge fund manager Michael Novogratz recently co-hosted CNBC’s morning slot Squawk Box. During his time on the show, he speculated on the Bitcoin price, stating that he doubts Bitcoin would dip below $5,000 again. He also spoke out on alternatives to popular modalities such as animal-free meat and virtual currency, saying prices are unnecessarily […]

Watch the Senate Banking Committee’s Crypto Regulation Hearing Live

Watch the Senate Banking Committee’s Crypto Regulation Hearing Live

The U.S. Senate Committee on Banking, Housing and Urban Affairs is holding its hearing on regulatory frameworks for cryptocurrencies and blockchain today. The open session, titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” is set to start at 10:00 a.m. EST (14:00 UTC). It’s not so far been made clear if the event will be […]

Bitcoin Maximalists Vs Altcoins: The Crypto War Of Our Time?

Bitcoin Maximalists Vs Altcoins: The Crypto War Of Our Time?

Now if you’ve been in the space for a while now, then you may have heard of the term ‘Bitcoin maximalists’. In case you haven’t, they are basically extreme believers that the leading cryptocurrency is the best digital asset. There is almost a war going on between Bitcoin maximalists and altcoins which has been going on for years now. […]