WSJ Offers Creative Bitcoin Tax Avoidance Scheme
US business-focused news outlet the Wall Street Journal (WSJ) advised readers they could avoid shelling out taxes for their Bitcoin holdings by selling and quickly repurchasing the asset. The analysis assumes Bitcoin to be regulated in the US by tax laws akin to that of other traditional investment forms such as bonds, as the Internal Revenue […]
Report Claims Blockchain in Publishing is Crypto Crash Proof
A new report investigating blockchain’s role in the publishing industry claims the technology will continue to be utilized regardless of the cryptocurrency market’s performance. The World Association of Newspapers and News Publishers, WAN-IFRA, in collaboration with the University of Arcada in Finland released the report today, in it detailing a number of benefits the publishing industry can enjoy […]
Cartoon Corner 21st December 2018: Now Hodlon a Minute…
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BitcoinNews.com Daily Podcast 21st December 2018: Stocks Crash While Bitcoin Rallies After Fed Hike
Listen to the 21 December 2018 BitcoinNews.com Daily Podcast below. [su_audio url = “https://anchor.fm/s/58aba88/podcast/play/1965857/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-11-21%2F7445064-44100-2-cc6ffc10939ec.mp3”] On this edition of the BitcoinNews.com Daily Podcast we discuss how the Federal Reserve hiked the fed funds rate, which has led to a serious stock crash. The stock market is having the worst conditions since the launch of Bitcoin in 2009 […]
Facebook Explores Stablecoins Through WhatsApp
As reported by Bloomberg today, social media giant Facebook Inc is working on a stablecoin cryptocurrency for money transfers on its WhatsApp messaging app while eyeing the Indian remittance market. Bloomberg cited anonymous sources close to this development within Facebook, that the stablecoin project being explored will have similarities to stablecoins pegged to the US […]
Coinbase Makes Highest-Value Crypto Transfer in History
Coinbase, one of the world’s largest and most widely used cryptocurrency exchanges, has made a transfer of over USD 5 billion in cryptocurrency, an amount believed to be the largest in the industry’s history. Reports indicate that 15 million Litecoin (LTC), 8.3 million Ether (ETH), and 870,000 Bitcoin (BTC) were transferred, eclipsing what was said […]
Days Could be Numbered for SEC Role in Crypto
A new law is under consideration that, if becomes legislation, could see the SEC’s role in cryptocurrency regulation come to an end. The bill set to be introduced, the Token Taxonomy Act, has been formulated by pro-crypto Republican Warren Davidson and Florida Democrat Darren Soto. The main point of conflict with the industry is the […]
