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With US Tax Season Around the Corner, Here’s How to Report Crypto Activity to the IRS

The key to properly filing taxes on cryptocurrency comes down to excellent record-keeping, the correct IRS tax forms, and knowledge about what qualifies as income versus capital gains. Handle Tax Filings With Care to Avoid Any Audits Although the traditional April 15th deadline for filing US taxes has been pushed to May 17th, there is […] дальше »

2021-4-1 05:30


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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’

The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said that the crypto asset “fits the description […] дальше »

2021-4-1 03:30


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Goldman Sachs To Start Offering Bitcoin And Other Cryptoassets To Its Wealthy Clients In Q2

Bitcoin and other digital assets will soon be available to Goldman Sachs’ wealth management clients, per a report by CNBC. Mary Rich, Goldman Sachs’ head of digital assets of the private wealth management division confirmed plans to launch a “full-spectrum” of investment products in the flagship cryptocurrency and some altcoins in the second quarter of […] дальше »

2021-4-1 20:22


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Cardano (ADA) intensifies efforts against scams with launch of new task force

Cardano (ADA) has rolled out a task force to fight fraudulent activities and scams. The launch is coming after a recent report of an increased spate of fraud within the crypto industry. Cardano founder Charles Hoskinson said he has been frustrated by the high levels of scams within the industry and thinks his company can […] The post Cardano (ADA) intensifies efforts against scams with launch of new task force appeared first on Invezz. дальше »

2021-3-31 12:11


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Dapper Labs Raises $305 Million in Latest Round from Michael Jordan, Will Smith, and Others

The startup behind NBA Top Shot raises $305 million in the latest funding round. Dapper Labs Announces $305 Million in New Funding The NFT craze seems to be showing no signs of slowing down anytime soon as according to a recent report by Business Insider, Dapper Labs – the startup behind virtual trading-card platform NBARead More дальше »

2021-3-30 21:02


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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »

2021-3-30 03:00


Gold Is A Worthy Role Model For BTC, Says BNY Mellon In A ‘Bitcoin Valuations’ Report

The bank says it is important to consider the value of an alternative currency, Bitcoin, in the current environment where “the intrinsic value of fiat currencies is increasingly being questioned.” The post Gold Is A Worthy Role Model For BTC, Says BNY Mellon In A ‘Bitcoin Valuations’ Report first appeared on BitcoinExchangeGuide. дальше »

2021-3-29 15:43


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South Africa: FNZ Unveils Blockchain-based Solution for Funds Sector

Blockchain technology is being utilized for fund trading and settlement solutions by FNZ. FNZ Unveils ChainClear Solution According to a recent report by Ledger Insights, FNZ – a firm committed to enhancing client engagement, lowering costs, and delivering a seamless service to aid people achieve their financial goals – has launched ChainClear, a blockchain-enabled fundRead More дальше »

2021-3-25 15:00