A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts to close down a big crypto tax Continue Reading
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The State Could Try To Leech Off Of Bitcoin Rather Than Banning It
Governments truly wanting to “beat Bitcoin” may carefully consider siphoning the value gained through bitcoin. I think at the end of the day if it’s really successful, they will kill it and they will try to kill it. And I think they will kill it because they have ways of Continue Reading
Ethereum options data suggests the battle for $4K ETH is at least a week away
Traders are long on Ethereum, but derivatives data suggests that $4,000 ETH is a long shot in the short term. For the past 40 days, Ether (ETH) traded in a modest uptrend, respecting a narrow channel most of the time. The absolute leader of the smart contracts sector enjoyed a Continue Reading
Satoshi Nakamoto statue goes up in Budapest
“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi. A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors to Graphisoft Park in Budapest. In an unveiling ceremony on Sept. 16, András Győrfi, the Continue Reading
Why Generation Z Loves Bitcoin
A generation whose known nothing but mounting government debt finds the value in absolute scarcity. I am a zoomer, you may have heard of us — self entitled, spoiled and good at tech. I recently graduated from high school, attended university and entered the workforce. If you have done any Continue Reading
Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making a myriad of blockchains compatible. Researcher: ‘We Are Finally Continue Reading
Monsta Infinite Lists on AscendEX
PRESS RELEASE. AscendEX is thrilled to announce the Monsta Infinite token (MONI) listing under the trading pair USDT/MONI on Sept. 15 at 1 p.m. UTC. In celebration of the MONI listing, AscendEX and the MONI team will launch seven limited-time promotional events for users to earn token rewards. The events Continue Reading
Bringing Bitcoin To Ethiopia With Kal Kassa
Bitcoin advocate Kal Kassa discusses bringing Bitcoin to Ethiopia and its potential in Africa at large. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Spreading knowledge about the power of Bitcoin doesn’t just happen by accident. Getting information out to those who need it Continue Reading
Multimillion-dollar investment rounds spark rallies in Avalanche and Audius
Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO. Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors’ Continue Reading
YouTuber trades Tesla Roadster for NFT
“Looking back on this in one year, two year, three years from now it could be a monumentally dumb decision but it also could be a great decision,” said Dan Markham. Dan Markham, the creator of the seven-million subscriber What’s Inside YouTube channel, has traded his Tesla Roadster for a Continue Reading
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