Markets Update: Cryptocurrencies See Big Gains After New Year’s Day

The second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days. Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges. However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 percent during … Read more

Tether Won’t Redeem Americans, Terrorists and Other Bad Actors

Living in a country known for having some of the toughest financial regulators in the world has its advantages and disadvantages. While it may deter the more cautious international scammers from targeting you it can also hurt your ability to conduct normal business. American cryptocurrency traders are now facing this situation with Tether. Also Read: Exchanges … Read more

Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore

Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to … Read more

Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

1 billion USDT have now entered into circulation, again drawing attention to the operations of Tether. The eight-figure threshold for Tether was passed during the creation of nearly 300 million USDT that has occurred over the last seven days. Also Read: Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex Tether First Emerged in … Read more