Regulation
StarkWare Launches Layer 2 Product StarkNet on Ethereum
StarkNet uses rollups to squash Ethereum’s crushing gas fees Source link
Month: February 2022
Ethereum
Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws
However, some incumbents are building rather than buying: “At Jackson Hewitt, we train our tax pros on tax preparation using our internally sourced training materials (which includes what cryptocurrency is and how to handle it […]
Bitcoin
Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
When the IRS receives a copy of this 1099-B, it will see that you sold $50,000 of bitcoin on Cryptocurrency Exchange B. However, it will not be able to see that your true capital gains […]
Market Analysis
Mayer Multiple Falls to Oversold Region – Bitcoin (BTC) On-Chain Analysis
BeInCrypto takes a look at the Mayer Multiple (MM) and its components in order to determine if the long-term bias is bullish or bearish. What is the Mayer Multiple? The Mayer Multiple is an oscillator […]
Regulation
1Password Adds 1-Click Credential Storage for Solana-Based Phantom Wallet Users
“1Password shares our commitment to help bring Web 3 mainstream by making the user experience safe and easy-to-use,” said Brandon Millman, CEO of Phantom, in a statement. “Together with 1Password, we will provide an industry-leading […]
Ethereum
First Mover Americas: Bitcoin May Not Be out of the Woods Yet; Stablecoins' Bull Market Continues
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Source link
Bitcoin
Bitcoin Investors Haven’t Responded To Russia-Ukraine War With Large Inflows (Yet)
On-chain data shows Bitcoin investors haven’t moved large amounts to exchanges in response to the Russia-Ukraine war (at least for now). Bitcoin Exchange Reserve Doesn’t Spike Up Following The War Breakout Between Russia And Ukraine […]
Market Analysis
Uniswap (UNI) Falls Below Yearly Lows — Multi Coin Analysis
BeInCrypto takes a look at the price movement for seven different cryptocurrencies, including Uniswap (UNI), which has broken down from the $15 horizontal support area. BTC BTC has been falling since reaching a local high […]
Politics
Canada Revokes ‘Emergencies Act’ and Begins Unfreezing Bank Accounts
On Wednesday, Canada prime minister Justin Trudeau revoked the Emergencies Act, nine days after it was invoked, believing that tensions have been deescalated. Emergencies Act Passed by the Parliament of Canada in 1988, the Emergencies […]
Regulation
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
Theoretically, the Internal Revenue Service (IRS) could look through every transaction on every blockchain to see profits and losses in each wallet or account. From there, the IRS could figure out the amount of on-chain […]