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IRS Explains What Crypto Owners Must Know to File Taxes This Year


Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...

Russia’s New Prime Minister Has an Opinion of Cryptocurrencies


The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell...

Pre-Bitcoin Halving Race Pushes Mining Difficulty to Record High


As Bitcoin (BTC) mining difficulty and hashrate are reaching new all-time highs, the Cryptoverse is discussing the meaning behind it, and it seems unlikely that the miners are capitulating ahead of the Bitcoin mining reward halving in May. As reported by Cryptonews.com in October 2019, miners will...

Central Bank Gold Hoarding Hits 50-Year High


While dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers. In fact, the key drivers in gold demand...

Hive Blockchain Lost 'Last Analyst'; Reports Record Income, Still Makes Loss


The first publicly listed blockchain infrastructure company, Hive Blockchain Technologies Ltd., reportedly lost the last analyst covering it, and the price of its shares is far from the early days of it going public. Meanwhile, the company reported an income increase of c. 84% in Q3, compared...

ILCoin Launches With 5GB Blocks


ILCoin Blockchain Project set a new record for stable block size - when it successfully released a 5Gb block. This achievement became possible after the project introduced RIFT protocol, which allows to increase the block size and keep high transaction speed. With these qualities, RIFT effectively...

Sideshift SLP Token SAI Gains Over 30% in Less Than 24 Hours


Crypto exchange Sideshift’s SLP token, SAI, has scored remarkable gains in value this week. Its price jumped well over 30% on Thursday, from $0.0310 per coin early on Nov. 28 to over $0.0450 a few hours later, and to a record high of 0.0473 on Friday, Nov. 29. Also read: Gocrypto SLP Token...

Bakkt Smashes Another Bitcoin Futures Record, But There is a ‘But’


Source: iStock/Sergey_P Bakkt, the recently launched U.S.-based physically-settled Bitcoin futures trading platform, has set another record, but it came with one 'but.' Even though Bitcoin (BTC) dropped in November, the platform announced that two months after the launch of Bakkt Bitcoin Futures...

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