How to Report Bitcoin Forks and Ethereum Airdrops on Your Taxes
The advent of Bitcoin, Ethereum, and other cryptocurrencies has introduced unprecedented ways to distribute new assets, creating complex tax situations. Here’s how to account for forks and airdrops,...
Is Bitcoin a Stock or a Commodity?
The economic and legal nature of Bitcoin is one of the most hotly debated topics between professional economists and legal scholars in crypto.The question doesn’t elude the regular crypto userbase e...
The Top 5 Gold-Backed Cryptocurrency Tokens
Gold-backed cryptocurrency tokens have emerged as a new, commodity-pegged stablecoin in the crypto market. But as many gold bugs turn to these innovative alternatives, many are unsure where to start.�...
CoinTracker Counts 100,000 Users Using Crypto Tax Service
CoinTracker has announced that the company now counts over 100,000 users who use the crypto tax service. In March, the company also partnered with additional industry leaders, including Lolli, Casa, C...
Is XRP Decentralized? Ripple’s Involvement in the Cryptocurrency
Ripple is adamant that XRP is decentralized. The evidence disagrees.XRP is a cryptocurrency aimed at reducing the friction between foreign exchange transactions. Like the oil in a car, it helps banks ...
No, Gold-Backed Crypto Isn’t Immune to Sell-Off Either
Most financial markets have been heavily impacted by the widespread transmission of coronavirus and failed oil negotiations between Russia and OPEC. The sell-off has even affected traditional safe-hav...
Ethereum Engagement Surges from ProgPoW and Prices
Social engagement around Ethereum has exploded, with strong price performance and discussion around ProgPoW driving the surge.Ethereum’s Community Highly EngagedEthereum’s social engagement has pi...
Bitfinex Introduces Arbitrage Opportunities With Tether Gold Futures
Bitfinex has launched perpetual swap trading on Tether Gold (XAUT), a digital token backed by physical gold, enabling arbitrage opportunities with incumbent exchanges.Bitfinex to Open Up Tether Gold S...