Bitcoin And Crypto Compliance From A US Tax Perspective

One of the things which causes undue consternation for many holders of Bitcoin and cryptocurrency is its taxable status. While some naysayers still consider the whole industry a tax avoidance scheme, most users just want to make sure they comply with the…

CryptoBridge Exchange Closes Down, Hints at Relaunch

The CryptoBridge exchange, aiming to offer multiple altcoin projects through decentralized trading, is closing down. The exchange still has hold of some customer deposits, and will release the digital funds up until December 15. CryptoBridge Immediately Called for Traders to…

1 Billion XRP Worth $225M Released from Escrow; Still OK to Hold Ripple’s Token?

Ripple, Inc. unlocked its monthly escrow, raising more questions about the performance of XRP. Over the course of 2019, the token has underperformed, also losing hopes of an end-of-year rally. XRP Long-Term Holding Still Won’t Pay XRP is still down…

Why is Russia Mirroring China’s Anti Crypto Stance?

Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized…

Will The Istanbul Upgrade Give Ethereum a Price Boost?

Ethereum prices have been extremely lack luster lately despite solid fundamentals and a growing decentralized finance ecosystem. The world’s second largest crypto asset is so hopelessly tied to its big brother that it may be a while before it moves…

Bitcoin, Crypto Markets Bounce Back as China Crackdown FUD Wanes

The correlation between any further oppression of the bitcoin and crypto industry in China and market movements appears to be crumbling. Mainstream media is still firmly behind the premise that the latest rout was a direct response to further crackdowns…

SEC May Come Down Harder on Illegal Crypto ICOs

Two years on from the 2017 ICO craze and some crypto projects are calling it quits despite escaping harsh sanctions from regulators. Some commentators say authorities may be forced to adopt harsher punishments for illegal token sales since indicted projects…