Key Takeaways Cryptocurrency users are liable for taxes in many parts of the world. Hiring a crypto tax specialist may help users navigate the potential difficulties of filing their returns. Several steps can be taken to get the best from any accountancy service. Whether enthusiasts have been busy yield farming […]
Hello. A late night interpretative letter from the Office of the Comptroller of the Currency (OCC), the U.S.’ federal banking regulator, saying banks can act as stablecoin nodes was the juice needed to push bitcoin out of the doldrums. JPMorgan analysts see a future where 1 BTC could trade hands […]
Quick take 1 minute read Jack Dorsey wrote a letter earlier this week which discusses the proposal for seeking to impose reporting obligations that go “far beyond what is required for trashcan trashy cash transactions“. This is all in relation to many crypto companies based in the United States going […]
SushiSwap (SUSHI) has dropped 14% in the past 24 hours as Ethereum has slipped lower. The leading decentralized finance-focused cryptocurrency is the worst-performer in the top 100 cryptocurrencies by market capitalization. Despite the strong drop in the SUSHI price, the coin remains up over 25% in the past seven days. […]
Stellar (XLM) started a strong increase above the $0.1350 resistance against the US Dollar. XLM price is trading nicely above $0.1500 and it could continue to rise towards $0.1800 or $0.2000. There was a steady increase in stellar’s token price above $0.1350 against the US dollar. The traded close to […]
When Bitcoin prices are setting new records, the Liechtenstein Cryptoassets Exchange, popularly known as LCX.com, has launched its digital currency exchange services. The platform is regulated and in compliance with local Liechtenstein regulations. Announced on Tuesday, the new exchange will initially facilitate trading with Bitcoin, Ethereum, USD Coin, and LCX […]
Bitcoin soared high in the weekend with a jump of nearly $4000 in its price but woefully followed by a massive correction. The Bitcoin price fell dramatically below $28000 making the beginning of the retracement phase. But now the interesting thing would be to witness what levels BTC price will […]
Bitcoin price declined sharply towards the $28,000 zone against the US Dollar. BTC is currently rising, but it might face a strong resistance near $33,200 and $33,500. Bitcoin almost 20% towards the $28,000 level before starting a fresh increase. The price is now back above $31,000 and trading nicely above […]
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate […]
Decentralized finance project Aavegotchi is pushing back the mainnet launch of its non-fungible token digital collectible game due to high activity on the Ethereum blockchain. According to a Tweet from its team today, Aavegotchi will be postponing the Jan. 4 launch of its game in response to the “insanely high […]
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