What are the United States tax reporting obligations for those who held, donated or sold/exchanged crypto. Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments saw these investments lose value from the market highs of 2017. Facing the deadline to report their taxes by […]
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Coinbase customers can now transfer funds to any user with a Coinbase account around the world. American major cryptocurrency exchange Coinbase has expanded into cross-border payments. Coinbase revealed the development in a recent announcement. Coinbase customers can now transfer funds to any user with a Coinbase account around the world using Ripple (XRP) and the […]
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The fintech industry in Switzerland continues to grow dynamically, while traditional financial institutions are reporting a decline. A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1. The report dubbed “IFZ FinTech Study 2019” was prepared by […]
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The Tether stablecoin’s daily transaction volume hit an all-time high. Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics. On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption […]
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Bitcoin’s dominance is slipping as traders are turning positive on select altcoins. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by […]
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Israeli cryptocurrency mining firm Bitfarms will reportedly be delisted from the Tel Aviv Stock Exchange due to losses incurred during last year’s bear market. Israeli cryptocurrency mining firm Bitfarms will be delisted from the Tel Aviv Stock Exchange due to the losses caused by last year’s crypto bear market, local business daily outlet Globes reported […]
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RAND Corporation, a U.S. nonprofit think tank, has published a report on the illicit use of crypto by terrorist groups. Cryptocurrencies are not well-suited for the needs of terrorist groups, United States nonprofit think tank RAND Corporation states in a report published on March 27. The report, dubbed “Terrorist Use of Cryptocurrencies: Technical and Organizational […]
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Founders of Canadian-based Vanbex reportedly used the $22 million raised in an ICO for personal benefit instead of building promised products. Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released […]
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Blockchain-based DApp platform Tron is supporting restrictions for gambling DApp development in the Japanese market. Blockchain-based decentralized application (DApp) platform Tron pushed to remove gambling DApps in the Japanese market to comply with local regulations, according to a press release published on March 31. Per the statement, the company intends to adhere to local laws […]
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What is the next major cryptocurrency and why? Reply There are over 2,100 cryptocurrencies available on the market, and none of them ever reached the high level that Bitcoin or Ethereum have established. But does this mean they cannot be replaced in the future? Today we invite you to discuss the biggest and the most […]
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