How to pay no taxes on your Bitcoin gains

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Taxes, in and of themselves, can be complex, and throwing your crypto gains on top of it makes things even more challenging. However, that doesn’t mean that there aren’t ways around paying taxes on your Bitcoin gains. Here are some practical tips we’ve discovered that allows you to pay no taxes on your cryptocurrency gains.…

Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

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Crypto debit cards supporting bitcoin cash expand their international reach and a platform offers shopping at Walmart using BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel, and get a chance to take part in a futuristic promotion. Also Read: What Makes Slovenia a Cryptocurrency Adoption Leader –…

Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall

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Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto…

Markets Update: Crypto Prices Surge After Last Week’s Pullback

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Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last 24 hours. Also read: Bitcoin.com’s Local Bitcoin…

Self-proclaimed Bitcoin creator Craig Wright committed fraud according to Florida court documents

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Craig Wright, the controversial creator of Bitcoin SV claiming to be Satoshi Nakamoto, could be facing jail time for fraud. Documents from a Florida court proved that Wright committed perjury, as his defense contradicts an affidavit he previously submitted to an Australian court. Wright summoned to appear in court, documents reveal he committed fraud Craig…

New SLP Token Allows You to Transact in BTC But With BCH Fees

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There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with BTC. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact with BTC, but utilize the same network fee (less than a penny) as bitcoin cash transactions. Also read: Meet the Developer Who…

As the halving approaches Litecoin could plunge like it did in 2015

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47 days before the 2015 block rewards reduction, Litecoin’s declined by 70 percent following a 590 percent surge. Now, only 45 days away from this year’s halving and up 540 percent, LTC is showing signs that a correction is underway. The Halving Event Every four years after 840,000 blocks are mined, Litecoin goes through a…