Mining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs
The IRS has considered crypto mining revenue as part of taxable income since 2014. North…
Month: July 2021
Bitcoin bulls control Friday’s $1.7B monthly options expiry
Bitcoin’s surge above $40,000 boosted the bulls’ advantage in this month’s $1.7 billion options expiry….
Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm
Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a…
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial…
US Marshals Service Hires Custodian for Seized Cryptocurrencies — Over 185K BTC Confiscated, Sold so Far
The U.S. Marshals Service, a primary law enforcement agency of the Department of Justice (DOJ),…
Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near Zero
Members of the U.S. Federal Reserve discussed the possibility of economic measures and actions at…
IMF intends to ‘ramp up’ digital currency monitoring
The fund will greatly expand to cover all aspects of digital currency while also working…
Altcoins pump while traders anticipate a lower support test from Bitcoin
RUNE, QNT and PERP continue to gather strength even as analysts expect a lower support…
Ethereum price can hit $14K if the March 2020 chart fractal holds
One trader spotted the fractal, which employs three classic technical indicators to predict an upside…
Algorithmic stablecoins show promise of reducing volatility — ShapeShift
“Stablecoin experimentation is happening in real-time with billions of dollars at stake in this vast…
Greenidge Generation will use BTC mining profits to build solar farm
According to the mining firm, it aims to create high-tech jobs for residents and support…
Western nations need better public-private cooperation on crypto, says Mohamed El-Erian
The famous economist has warned that western nations risk losing out to China in the…
COIN price fails to impress as more crypto firms are eager to go public
One of the best options for larger crypto companies to maximize their liquidity reserves seems…
Bitcoin hash rate rebounds as major miners are coming back online
Restrictions in China have forced homegrown Bitcoin miners to move out to crypto-friendly nations such…
New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender
On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the…
