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Category: Cryptocurrency

Paying Taxes in Bitcoin: Will State-Level Proposals Make Headway?

January 31, 2019January 31, 2019 Adam Gardiner0

State lawmakers in the US have made several proposals over the past few years for their states to accept Bitcoin in payment of taxes. Most legislative proposals haven’t gone anywhere, dying in committee or failing when voted upon. But last year Ohio became the first state to accept Bitcoin as a payment for taxes, thanks […]

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The Government Shutdown Claims Its First Crypto Victim

January 28, 2019January 28, 2019 Ryan Tucker0

With government agencies shutting down and furloughing their employees for the past month, not much has gotten done. While that hasn’t affected overall cryptocurrency markets too much, it has affected specific projects that are dependent on federal approval. And because the outlook for the government reopening was looking so bleak, the shutdown last week claimed […]

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Crypto-Mining Malware Increased Nearly 4,500 Percent in 2018

January 24, 2019January 24, 2019 Adam Gardiner0

One of the concerns many investors have with possibly investing in cryptocurrency is the risk of becoming susceptible to hackers. Thankfully, many of those concerns are able to be addressed through taking basic security measures. And investors in Bitcoin IRAs have the benefit of working with custodians who are able to use secure vaults, hard […]

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Is the Government Shutdown Affecting Crypto?

January 21, 2019January 21, 2019 Ryan Tucker0

With the federal government now having been “shut down” for a month, we’re starting to hear more and more accounts of the toll it is taking. While much of the focus has been on government workers and the hardships they’re having to endure by working without pay and missing paychecks, there are more and more […]

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Overstock Plans to Pay Some of Its Taxes in Bitcoin

January 17, 2019January 17, 2019 Adam Gardiner0

One of the key aspects to the adoption of any currency throughout history has been the ability for people to use the currency in payment of taxation. That was the case for metal coinage, paper money, and now for cryptocurrencies. With Ohio’s announcement late last year that it would begin to accept Bitcoin as payment […]

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New York State to Form Task Force to Study Bitcoin, Blockchain, and Cryptocurrencies

January 14, 2019January 14, 2019 Ryan Tucker0

The government of the state of New York has become infamous among Bitcoin enthusiasts for its antipathy towards Bitcoin and cryptocurrencies. With the world’s financial center residing in New York City, it would only be natural for New York to become a center of Bitcoin and cryptocurrency innovation. Yet the New York government continues to […]

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Bitcoin ATM Numbers Doubled in 2018

January 10, 2019January 10, 2019 Adam Gardiner0

While the mainstream media focused on the drop in Bitcoin’s price in 2018, Bitcoin users and investors doubled down on their adoption of the radical cryptocurrency. Bitcoin ATMs, which allow users to buy and exchange Bitcoin, became much more popular in 2018, with an almost perfect doubling in use from 2,025 machines in 2017 to […]

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What Will 2019 Bring for Bitcoin and Cryptocurrencies?

January 3, 2019January 3, 2019 Adam Gardiner0

To many cryptocurrency investors who got in at the height of the craze in late 2017 and early 2018, the rest of 2018 seemed like a bitter disappointment. From highs of $20,000 Bitcoin seemed to crash and burn, ending the year at around $4,000. But what many of those fair-weather friends fail to remember is […]

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Bitcoin and Cryptocurrencies Trading Lower? There Are a Few Benefits

December 27, 2018December 27, 2018 Ryan Tucker0

Many investors are undoubtedly unhappy that Bitcoin is well away from its $20,000 highs. That goes the same for cryptocurrency miners too, many of whom are idling their equipment or even trying to get rid of it as Bitcoin has dropped below the price needed for many miners to recoup their energy costs. But with […]

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Have ICOs Tipped the Cryptocurrency Power Balance Towards Regulators?

December 27, 2018December 27, 2018 Ryan Tucker0

If cryptocurrencies were the talk of 2017, initial coin offerings (ICOs) were the talk of 2018. But while ICOs got a lot of attention from investors in 2018, they also attracted a lot of attention from regulators. With such a hot cryptocurrency market fraudsters began to infiltrate. US authorities shut down numerous ICO operators, prosecuting […]

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