3 Major Positives From the Crypto Market Meltdown

Yesterday’s meltdown of the crypto markets was not entirely negative, Bitcoin, although price dropped substantially, has remained resilient through its first financial crisis.  The network has stayed up, and even made a higher low than 2018, and the halving is less than 60 days away. 1. Crypto Markets Weather First Major Global Crisis Even though […]

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Bitcoin Volatility Overtaken By Oil Amid Global Pandemic Fears

In what seems like a bizarro world reversal, oil has become more volatile than Bitcoin. Bitcoin is legendary for its high volatility and wild swings in price, although the turmoil affecting global markets may be strengthening its safe haven investment narrative. Oil markets have been a rollercoaster since the beginning of the year Oil markets […]

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Korean Government to Tax Crypto Capital Gains from 2020

The Korean government is preparing legal tools to tax capital gains from the sale of crypto assets. Specialized legislation to target digital asset deals is expected to arrive from the tax season for 2020. Korean Authorities Hope to Tax Crypto Capital Gains Until recently, Korea was one of the most active markets for crypto speculation. […]

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IRS Playing Fair With Transparent Crypto Tax Filings

Contrary to its portrayed draconian stance on crypto taxes, the US Internal Revenue Service is playing fair. Exercising transparency in reporting numbers is the key, and may save crypto traders thousands in tax bills. IRS Appreciates Detailed Crypto Transaction and Trading History A detailed history of crypto transactions and sales may significantly reduce the outstanding […]

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Will CoinMarketCap Never Provide Accurate Crypto Data?

A recently published Forbes report found that CoinMarketCap continues to list exchanges that are known for providing fake crypto trading volume. Does this mean CoinMarketCap has given up on providing reliable data to investors? Fake Volume and Wash Trading Persist In early 2019 two separate research reports from Bitwise Asset Management and Alameda Research found […]

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Binance Opens Its First Fiat-to-Crypto Exchange in Uganda

44 million Ugandans are able to trade Bitcoin and Ethereum without fees during the next month. Binance recently announced the launch of a fiat-to-crypto exchange in Uganda and the platform will begin processing deposits and withdrawals of Ugandan Shillings beginning on October 17th. The exchange, called Binance Uganda, is the first official fiat-crypto exchange launched […]

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