Bitcoin Network Spammed by One-Satoshi Transactions

The Bitcoin (BTC) mempool is getting filled with small transactions, with very low value, clogging up the network. The backlog quickly piled up, lifting the mempool to around 90,000 pending transactions. Satoshi Transactions May Wait to be Cleared for Hours…

IRS Refunds Tax-Paying Crypto Users

The Internal Revenue Service (IRS) has sent refunds to crypto users who had correctly reported their taxes with proof of trades and transactions. The matter of cryptocurrency-related taxes has been a major question within the US for a few years…

Bitcoin Beats DeFi in 2019, But What’s In Store For The Future?

Decentralized finance, or DeFi, has come a long way this year. Bitcoin has also made a remarkable recovery from the depths of crypto winter this time a year ago. But which one would be better for long term gains? BITCOIN…

Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit

The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions.  The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000…

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Five Reasons Why Bitcoin Price is Crashing Right Now

Bitcoin price first dipped a toe under the $9,000 mark, then went on to erase profit positions gained since the dramatic rally at the end of October. The slide took BTC to $8,780.84 as of 15:25 GMT on Friday, with…

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Gemini Exchange Adds Automated Customer Tax Reporting

US-based crypto exchange Gemini wants to help its users comply with the tax requirements in a convenient manner. The company hired Sovos to modernize its tax information reporting. The Solution Will Automate Gemini’s Tax Filings The exchange platform managed by…

Even With a ‘Swell’ Around, Ripple’s XRP is Reluctant to Rally

XRP, the digital asset related to Ripple’s network, remains stagnant, despite expectations that the Swell conference on November 6-7 would bring price action. Despite the numerous mentions on social media, XRP remains subdued and stuck to a price of around…