IRS clarifies Crypto Investment Reporting Requirements
The U.S. tax department IRS elucidated that American investors who purchased crypto through fiat are not required to report their purchase activities.
Crypto News
Crypto News
Bitfarms plans to acquire 48,000 Miners in 2022
Bitfarms has announced the firm is purchasing 48,000 Miners to expand capacity by approximately five exahash per second (EH/s).
Crypto News
PayPal to purchase Crypto Custody firm Curv
PayPal proceeds to display an interest in cryptocurrencies, as it is purchasing Curv, an Israeli crypto custody firm, for around $200 million to.
Crypto News
Multicoin Capital receives Investment from Binance
Crypto exchange giant Binance announced an investment in Multicoin Capital, a hedge fund that invests in crypto startups.
Crypto News
MoneyGram faces lawsuit for falsely representing XRP
Ripple's partner MoneyGram faces a lawsuit alleging the firm issued misleading statements and failed to disclose XRP's status as unlicensed security.
Bitcoin News
CBOE files to list VanEck’s Bitcoin ETF
CBOE Global Markets filed a request with the Securities and Exchange Commission to list VanEck's Bitcoin ETF and trade shares.
Bitcoin News
Citi Bank reports that Bitcoin may transition to the currency of choice
U.S. banking giant Citi has issued a new report which proposes Bitcoin could become "an international trade currency" as it grows.
Crypto News
Dogecoin now accessible over 1800 ATMs in 45 U.S. States
With increasing DOGE prices, famous meme crypto Dogecoin can now be available across 1800 ATMs in the United States as Coinflip adds support.
Crypto News
Shark Tank’s Kevin O’Leary says Crypto is here to stay
Previously a Bitcoin opponent, Kevin O'Leary changes his stance on Bitcoin as he invests 3% on his portfolio. He asserts that crypto is.
Bitcoin News
Bitcoin Whale moves 7,073 Bitcoin to Unknown Wallet
Bitcoin Whales move $333 Million worth of Bitcoin. While the whale remains anonymous, it's difficult to gauge the reason for the transfer.