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Tax Implications of Getting Paid in Bitcoin

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Bitcoin, along with other crypto assets, is said to have the best possible tax treatment for long-term investors. Bitcoin is listed on many crypto exchange sites and has been paired with a wide variety of leading world currencies, with two of them being the US...

Bitcoin Price Drops More Than 11% on Claims of Double Spend Vulnerability

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Though Bitcoin price dropped today, the coin is up almost 30% in the last 30 days.Bitcoin price suddenly dropped more than 11% after the crypto community was hit with news of double-spend vulnerability of the Bitcoin public ledger. Notably, Bitcoin dropped below the $30k...

How Cryptocurrencies Have Changed World of Online Casinos

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Whether we want it or not we have to expect the market to expand because the cryptocurrency method is very promising for operators as well. Technology is evolving at an impressive pace. It can be a challenge even for those who are actively involved in...

Trillion Dollar Asset Management Giant BlackRock Prepares to Trade Bitcoin Futures

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BlackRock’s SEC filing suggests that the fund manager is seeking exposure to investing in Bitcoin Futures for two of its funds. The world’s largest asset manager shall be waiting for an SEC nod to invest in Bitcoin (BTC).In a massive development, the world’s largest...

Bitcoin Price Around $30K Levels Now, BTC Still Ready to Correct

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On Thursday, the leading cryptocurrency keeps correcting, declining to $34,738 USD. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. BTC price is expected to correct. BlackRock admits that it might invest in Bitcoin futures. Pantera Capital expects the BTC to rise to 115 thousand USD. On W1, Bitcoin (BTC) continues to...

FinCEN Proposed Crypto Wallet Regulations Put on Hold by President Biden

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FinCEN’s recently proposed crypto wallet regulations has been the subject of major criticism from major players in the crypto industry as many experts believe it would be technically almost impossible for many crypto projects to comply. Financial Crimes Enforcement Network (FinCEN), has seen its proposed...

Craig Wright Asks Two Sites to Take Down ‘His’ Bitcoin Whitepaper or They Will Face Lawsuit

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The brain behind the Bitcoin.org website said that all the allegations from Wright and his lawyers are false.The copyright claims on the Bitcoin Whitepaper may be brewing a legal battle with Craig Wright’s latest requests. According to a Cointelegraph report, the self-acclaimed Bitcoin inventor...

Guggenheim’s Scott Minerd Expects Bitcoin Price to Correct to $20,000

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Guggenheim’s Scott Minerd has confirmed the firm’s exposure to Bitcoin, following the filing with the Securities and Exchange Commission (SEC) to “seek investment exposure to Bitcoin through Grayscale’s Bitcoin Trust product”.Guggenheim’s Chief Investment Officer (CIO) Scott Minerd believes that the ongoing bearish trend of...

Here’s why the Energy Web Foundation thinks Bitcoin will see a massive rise in 2021

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Self-sovereignty and decentralized energy would be on the uptrend as well, the foundation’s co-founders said.The up and up of BitcoinBitcoin’s rise in 2020 has seen widespread coverage and hype among both the crypto- and traditional-finance markets, with fund managers, tech firms, and even governments...

Deutsche Bank Survey: Investors View Bitcoin and US Tech Stocks as Bubbles Now

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Respondents of the Deutsche Bank survey stated that Bitcoin and the tech stocks are likely to correct over the next 12 months. They view Bitcoin and companies like Tesla in the bubble territory as both have appreciated 10x since the March 2020 lows.Bitcoin (BTC)...