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It has become increasingly difficult to generate any real profits in the cryptocurrency industry throughout 2018. Rather than just trading, arbitrage opportunities have begun taking center stage first and foremost. Triangular trading options can generate a fair amount of profit, as can be seen in the following examples. #6 ZEN – NEO There is a […]
The post Triangular Arbitrage Today: NEO, ZEN, XRP, TRX, and More appeared first on NullTX.
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The U.S. states of Colorado and North Dakota have independently issued cease and desist orders against companies promoting initial coin offerings in their states. Their tokens are potentially fraudulent securities offerings, according to the two states’ securities commissions. One scheme promises a return of 10 percent per month and claims to be pegged to the […]
The post Two US States Issue Cease and Desist Orders Against Five ICO Issuers appeared first on Bitcoin News.
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A Russian design studio has developed a “beautiful” cryptocurrency mining rig. The fashionable “Freer” is a modular, customizable home mining device. It comes in different colors, displays and sets of ports, depending on the requirements of the client. Meanwhile, members of the Russian crypto community have urged the government to classify individual miners as self-employed which […]
The post Russians Design а ‘Beautiful’ Mining Rig appeared first on Bitcoin News.
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The South African Revenue Service is working to improve the tracking of cryptocurrency traders and their transactions in order to verify if they are paying taxes. According to its Commissioner, the agency is exploring ways to better identify those that are profiting from trading digital assets and check if they are evading taxation. Also read: […]
The post South African Tax Authority Going After Crypto Traders appeared first on Bitcoin News.
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In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware. Also, the World Digital Mining Summit has been scheduled for late September in Tbilisi, Georgia, and reports continue to surface detailing opportunistic students […]
The post Mining Round-Up: Nvidia Shares Drop, College Students Mine on Campus appeared first on Bitcoin News.
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Japan’s GMO Internet has unveiled new priorities for its cryptocurrency business along with the performances of its crypto exchange and mining operations. The changes going forward result from the bear market and increased total hash rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Coin Profits Up 7.3-Fold Japanese internet giant GMO published […]
The post Japan’s Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-Fold appeared first on Bitcoin News.
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Swiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits. The news comes while Switzerland is debating over how to keep crypto businesses in the country when the majority of Swiss banks refuse to provide […]
The post Swissquote Reports 44% Increase in Profit After Adding Crypto Services appeared first on Bitcoin News.
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Cryptocurrency traders in Japan currently can be taxed as high as 55% on their profits. However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Aso Wants to Change Crypto Taxation The Japanese […]
The post Japan Wants to Scrap Its Progressive Crypto Tax Rate appeared first on Bitcoin News.
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Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations. Also read: Russian Railways Eyes Crypto for Tickets, […]
The post Crypto Incomes Declared on Tax Returns in Russia appeared first on Bitcoin News.
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The decree to regulate cryptocurrencies and initial coin offerings in Thailand goes into effect on Monday. The government has also revised the country’s tax code to add crypto taxation. Sellers of digital tokens will face a fine or even jail time if they fail to register with the regulator within 90 days. Also read: Yahoo! Japan […]
The post Thailand Commences Cryptocurrency Regulations Today appeared first on Bitcoin News.
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