The swap locks in the dollar value of a given bitcoin amount, and the difference is settled in dollars when the contract expires. At both moments, the contract references the new price index, ... Read More
With respect to bitcoin, there are two things that need to be reported on a tax return: income or revenue and any capital gains on the sale of those assets.
The IRS’ recent 31 page guidance repor... Read More
The report went on to name some of the affected regular people including grandparents who were simply leaving funds for their small grandchildren. The action also forced out of some of the nation’s ... Read More
A group of students from Boston University has set out to build a commodity derivative exchange for digital currencies, allowing those who hold large amounts of bitcoin to hedge against market volatil... Read More
Bitcoin's Price Slides Below $6.5K to Hit 70-Day Low
The price of bitcoin, the world's largest cryptocurrency by market capitalization, fell to its lowest point since April 1 on Tuesday.
Bitcoin's value slid to $6,455.92 during the afternoon trading
India's Central Bank Stays Mum on Crypto Ban Reasoning
The Reserve Bank of India (RBI) has responded to a query about why it moved to block banks from dealing with cryptocurrency businesses earlier this year – but the reply isn't very telling.
Congressional Bill Calls for Study of Crypto Use in Sex Trafficking
Congress is set to consider yet another proposed mandate for a cryptocurrency study, this time in the area of sex trafficking.
The House of Representatives Financial Services Committee is introduci
No rest for bitcoin traders as wild movements and big milestones often happen on the weekends
For bitcoin traders, key times to buy or sell often come at the least opportune time to be behind a computer monitor: Saturday night. Some of the digital currency's steepest price swings have