Cryptocurrencies have successfully completed a decade of run in the financial space. What was introduced as a means of payment settlement during the time of the global recession, has now become an unprecedented part of an array of industrial domains. Today, the most renowned names of the business arena, as well as the biggest enterprises …The post CoinJar: A Perfect Partner For Crypto Transactions appeared first on CryptoNewsZ.
Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. News.Bitcoin.com recently talked with Clinton Donnelly of Donnelly Tax Law, a service that specializes in crypto returns. The U.S. Treasury-licensed Enrolled […]The post How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus appeared first on Bitcoin News.
Staking and masternodes are similar in many ways. Staking is walking on a similar path that masternodes took in 2017. Back then, masternodes were trusted by many crypto enthusiasts as insurance against losses. Many viewed them as altcoins to protect against excessive price volatility. Now, staking is reaching similar ‘obsession’ levels and is being viewed skeptically. Recently, the chief executive officer of Binance, Changpeng Zhao, expressed his views in a tweet where he claimed that the world is repeating the masternodes saga. The stark comparison of staking and masternodes was made in response to the cryptocurrency exchange launching the Algorand
Bitcoin found a strong support near $9,330 and started a fresh increase against the US Dollar. However, BTC must settle above the 100 SMA (4-hours) for a sustained upward move. After trading to a new weekly low at $9,336, bitcoin price started a fresh increase above $9,500. The price is now trading nicely above the...
JP Morgan Perspectives, the annual financial report from the financial giant, has claimed that blockchain is on the rise, but its mainstream adoption is still many years away. The report mentions the viability of cryptocurrencies in today’s financial environment and also their probable case uses, including the upcoming Facebook Libra project. The blockchain use is steadily rising as more institutions, and financial bigwigs are exploring its use in their ecosystem. Still, it is far from being called mainstream. The report further sees that distributed ledger technology (DLT) will, in the future, transform the business models of traditional banks offering more
Irish Bitcoin drug dealer Clifton Collins, who has forfeited digital assets worth $57 million, has continued his trial in an Irish High Court. On Wednesday, Collins, in the most recent ruling, was judged to forfeit private keys for about 12 accounts where he stashed all his digital assets. The Irish High Court judged that Collins garnered all his Bitcoins from the drug as he didn’t contest the sentence and agreed to let go of all his earnings to the Criminal Assets Bureau (CAB). Supposed to be the Bureau’s largest seizure, the entire 12 accounts Collins surrendered that contains the 6,000
The music industry, which has been long struggling with the issues of piracy and illegal download, can immensely benefit from the application of blockchain technology. Even the challenge that artists face in terms of unfair payments and having no control over the music rights can be addressed using the open ledger innovation. Blockchain Use Cases …The post How Blockchain Can Revolutionize the Music Industry appeared first on CryptoNewsZ.
Over the past 30 minutes, the crypto market has mounted a surprise recovery: Bitcoin, after flatlining around $9,650 for some 36 hours, surged higher just this hour, reaching as high as $9,945 just minutes ago as of the time of this article’s writing. This rapid 2% gain from $9,700 liquidated a mere $15 million worth...
Users can now look forward to using Monero in Bitsa Card as the company has added support for the cryptocurrency. Bitsa, a crypto startup based in Monaco, is well known for its Bitsa Card. XMR, on the other hand, is a cryptocurrency that focuses exclusively on protecting user privacy. The added support for Monero in Bitsa Card will definitely bring in more new users to Bitsa. Addition of Monero in Bitsa Card to amplify its user appeal Bitsa prepaid cryptocurrency cards are finding more users in European locations. The cards are easy-to-use, can be loaded with fiat-backing, and can be
Ethereum started a downside correction from well above the $280 level against the US Dollar, similar to bitcoin. ETH price found support near $245 and it is currently forming a fresh bullish trend. ETH price is trading nicely above the $245 and $250 support levels against the US Dollar. The price is slowly rising and...