Exploring The Upside to 2018’s Bitcoin Trading Losses for Americans

TheMerkle Arizona Taxes BitcoinMost cryptocurrency enthusiasts will agree the year 2018 is best forgotten quickly. A lot of financial losses were sustained during this period. That is only normal, after the ludicrous end of year the market went through in 2017. A new report shows US investors lost nearly $2bn from trading Bitcoin alone. This allows for some interesting tax deduction options, though. The Upside of Bitcoin Trading Losses Most US traders are seemingly unaware a net loss in Bitcoin trading can be quite lucrative. Although everyone prefers making money, the deficit can serve another purpose in a positive manner. In the United

Winklevoss Capital: Investors Are ‘Thoughtfully Dipping their Toes into Crypto,’ Not Taking the Plunge

Sterling Witzke, partner at Winklevoss Capital, says she doesn’t think 2019 will be the watershed year for institutional investors to get into crypto

BitTorrent’s Tron-Based BTT Token Integration Will Launch by Summer

BitTorrent Speed system, which will integrate the Tron-based BTT token into the popular µTorrent Windows client, will launch by summer

South Africa Wants to Mandate Registration of Crypto Service Providers

South Africa Wants to Mandate Registration of Crypto Service ProvidersA regulatory working group in South Africa, which includes the country’s central bank, has released a consultation paper on crypto assets this week. According to the document, all exchanges, wallet providers, Bitcoin ATMs and payment processors will have to register with the government in 2019.  Also Read: Bitpay Reports Processing Over $1 Billion Transactions in […]

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Cryptopia Alleged Hack: Police Are on the Case While Community Tracks Down Stolen Funds

Here’s how much was stolen from Cryptopia’s wallets, along with other details of one of the largest security breaches of 2019

No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says

Last year’s falling prices are not a good enough reason to “bury” cryptocurrencies, Russian Prime Minister Dmitry Medvedev said during a high-level economic conference. He believes Russia should carefully follow the developments around digital coins.   Also read: Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again Russia Should Watch Carefully Medvedev thinks the […]

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Ethereum Co-Founder Joe Lubin Joins Board of Crypto Futures Platform ErisX

ErisX is expanding its board as it prepares to launch spot and derivatives markets for bitcoin and, eventually, ethereum.

MIT, Stanford Researchers to Fund New ‘Globally Scalable’ Cryptocurrency, ‘Unit-e’

Researchers from MIT, Stanford and five other top universities are funding “Unit-e,” a new cryptocurrency that aims to be “globally scalable”

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Crypto payment service provider BitPay reports it processed over $1 billion in transactions in 2018

Coinbase Acquires Andreessen Horowitz–Backed Startup Blockspring

Blockspring, a startup that makes tools for collecting and managing data from APIs, has been acquired by Coinbase.

Huobi Resumes Trading in Japan as FSA-Licensed Exchange

Cryptocurrency exchange Huobi, currently the world’s 7th largest by daily traded volume, has relaunched as an FSA-licensed platform in Japan

Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain

Markets Update: Crypto Prices Drift Sideways, While Traders Remain UncertainA lot has changed since our last markets update as digital asset prices have been consolidating after the cryptoconomy’s last big drop in value. The entire ecosystem’s market valuation has lost about $10 billion over the last week, but stronger global trade volumes have managed to keep values afloat at current prices as traders await […]

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