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Cryptocurrency markets are suffering from deep losses today, on June 10, 2018, as most digital assets are seeing 24-hour declines between 9 and 25 percent. The number one position, held by Bitcoin Core (BTC), dropped more than a $1,000 just a few hours ago, from $7,600 to $6,600, but prices have rebounded back to $6,787 […]
The post Markets Update: Crypto Prices Take a Weekend Beating appeared first on Bitcoin News.
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Cryptocurrencies have been dropping in value this Saturday, May 12 as most digital assets are down between 3-15 percent. The price of Bitcoin Cash (BCH) is hovering around $1,446 at press time while gaining 3.4 percent today — And Bitcoin Core (BTC) values are averaging roughly $8,473 per BTC and its markets are down 1.4 percent this […]
The post Markets Update: Cryptocurrencies Lose Steam During the Weekend appeared first on Bitcoin News.
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The BTC markets have rallied to test resistance at the $10,000 area. Despite gaining 60% in just four weeks, BTC’s recent gains have been significantly overshadowed by those produced by many top performing cryptocurrency markets, including Bitcoin Cash – which has gained more than 225% since it’s early April lows. Also Read: Markets Update: BCH Prices […]
The post Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets appeared first on Bitcoin News.
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Gains from cryptocurrency transactions will be taxed in Azerbaijan, according to a high-ranking official from the Tax Ministry. Authorities in the energy-rich nation intend to tap into both corporate profits and personal incomes. The country has previously taken a conservative stance on cryptocurrencies but the focus on taxation now signals a change in Baku. Also […]
The post Azerbaijan to Tax Crypto Incomes and Profits appeared first on Bitcoin News.
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This week there’s a lot going on within the Bitcoin Cash (BCH) ecosystem as markets have been on fire and infrastructure continues to grow. Over the past six months, the price of BCH is up over 139 percent, and the price has jumped 13 percent higher over the last seven days. At the moment the […]
The post BCH Ecosystem Grows With May 4X Hard Fork Less Than Two Weeks Away appeared first on Bitcoin News.
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This week the website Bitcoin.com, the go-to web portal for all things Bitcoin, has launched ‘Satoshi Pulse’ a cryptocurrency market capitalization page that shows total digital asset market valuations, current prices, hourly – daily – weekly percentages, charts and more. Just like the rest of the informative resources and tools hosted on our website, with […]
The post Meet Bitcoin.com’s Cryptocurrency Market Cap Aggregator — Satoshi Pulse appeared first on Bitcoin News.
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In the U.S. tax season has arrived and many American cryptocurrency proponents are squirming because they have to pay for some of the gains they made last year. However, there are a lot of digital currency holders who could care less about taxes and they strongly believe that taxation is antithetical to cryptocurrencies. While there […]
The post Tax Time is Here and Lots of Cryptocurrency Holders Don’t Care appeared first on Bitcoin News.
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Tax season in the U.S. is here, and many citizens who use or hold cryptocurrencies are clamoring around trying to figure out how to file their capital gains taxes. According to reports from Fundstrat’s analyst Tom Lee, cryptocurrencies represent roughly 20 percent of last years U.S. capital gains. Also Read: Emin Gün Sirer Discusses Cryptocurrency Academics […]
The post Tax Paying Americans Owe $25 Billion in Cryptocurrency appeared first on Bitcoin News.
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Bitcoin cash (BCH) markets have been declining in value following suit with BTC and a vast majority of cryptocurrency prices suffering from losses the past five days. The price has since stabilized hovering around the $1,075 range after touching a low of $920 per coin just a few days ago. Also read: Ant Creek: Is Bitmain […]
The post A Look at This Week’s Bitcoin Cash Markets and Merchant Support appeared first on Bitcoin News.
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After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, […]
The post Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes appeared first on Bitcoin News.
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