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Category: 2014
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Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021’s 9th Month Is Different
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Bitcoin Payments for Private Flights Soar, 20% of Privatefly’s Revenue Stems from Crypto
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Popular NASCAR Driver Bubba Wallace Will Sport the Bitcoin Logo While Racing
NASCAR driver Darrell “Bubba” Wallace will be sporting a bitcoin logo on his car and uniform during upcoming races. Twitter and Cash App founder, Jack Dorsey, tweeted a few pictures that revealed the new sponsorship, as he displayed the bitcoin symbol and Cash App logo design layout on the social media platform. Bitcoiners will be […]
The post Popular NASCAR Driver Bubba Wallace Will Sport the Bitcoin Logo While Racing appeared first on Bitcoin News.
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Court Instructs Craig Wright to Distribute Billions to Plaintiffs
On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time for the ruling and they believe things are […]
The post Court Instructs Craig Wright to Distribute Billions to Plaintiffs appeared first on Bitcoin News.
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10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS
On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows the recent IRS […]
The post 10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS appeared first on Bitcoin News.
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Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when […]
The post Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes appeared first on Bitcoin News.
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Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This week news.Bitcoin.com spoke with Sean Ryan, CTO […]
The post Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy appeared first on Bitcoin News.
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Quadrigacx Cold Wallet Was Stored in a Safety Deposit Box
In a 2014 appearance on the True Bromance Podcast, Gerry Cotten, the late CEO of embattled Canadian cryptocurrency exchange Quadrigacx, made comments indicating that the exchange was storing customer funds using paper wallets. Cotten also compared losing the private keys for a bitcoin wallet to “burning cash.” Also Read: Market Cap: A Flawed Ranking System for […]
The post Quadrigacx Cold Wallet Was Stored in a Safety Deposit Box appeared first on Bitcoin News.
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Current Crypto Bear Market Set to Become the Longest Ever
The market downturn that has prevailed since early 2018 is now within weeks of becoming the longest winter in the history of the cryptocurrency markets. Despite being on course to become the longest downtrend in BTC’s annals, the current market has produced the weakest drawdown of the three major bear trends experienced by BTC so […]
The post Current Crypto Bear Market Set to Become the Longest Ever appeared first on Bitcoin News.
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