Tag: united states

Jul 31 2021

A Bipartisan Case For Bitcoin

Bitcoin need not be a politically splitting idea, as there are benefits to be had from progressives and libertarians alike.As the U.S. Senate approaches the finish line of the upcoming infrastructure deal, Coindesk has reported that congress is considering legislation with an escalating...

Jul 23 2021

Bitcoin Ownership In The U.S. Has Tripled Since 2018, A Gallup Survey Found

A Gallup survey found that the number of American investors holding bitcoin has tripled in three years, while skepticism has declined.Three times more Americans are holding bitcoin than three years ago, a recent Gallup survey found. But while 75% of those surveyed called bitcoin "very risky" in 2018, that number has...

Jun 28 2021

John McAfee: The Passing of a Pioneer, Outlaw, and Legend

Last week, the crypto community awoke to the shocking news that John McAfee was dead. A maverick fixture in the crypto space, he had many supporters as well as many critics. The latter stages in his life often played out like a hard-boiled novel or movie. John McAfee was found dead in his jail cell at the Brians 2 penitentiary center. The prison...

Jun 09 2021

US investors made over $4 billion trading Bitcoin last year

Jun 09 2021 Published at CryptoSlate under tags  adoption bitcoin china investments trading

A recent report from cryptocurrency analytics firm Chainalysis has shown that quite a number of countries made massive gains in their Bitcoin investments when...

May 06 2021

IRS To View Bitcoin Exchange Records, “Taxman” Is Coming “For Crypto”

May 06 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Judgement day could be coming for early crypto investors who thought that the government had no chance in tracing Bitcoin and other blockchain transactions. According to a Senior Washington Correspondent for CNBC, the "taxman" is coming "for crypto" and the IRS has been authorized to serve a request...

Apr 16 2021

Peer-To-Peer Is Patriotic

The founding principles of Bitcoin echo that of the genesis of the United States of America.In the spring of 1774, the British Parliament passed the Coercive Acts, dubbed the Intolerable Acts by the soon-to-be-free Americans. Months later, in the spring of 1775, Paul Revere would...

Apr 15 2021

Bought NFTs? There’s A Tax For That, And Other Ways The IRS Is Eyeing Crypto

Apr 15 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

NFTs volume is dropping after an initial bubble-like storm of interest and millions pouring into the emerging digital goods market. But it could be because crypto investors are realizing as they wrap up last year's taxes – extended to May 17 in the United States – that buying such tokens with Ethereum results in a taxable transaction. Here's some of the tax pitfalls...

Mar 16 2021

CFTC Probes Binance Over U.S. Residents’ Transactions

The Commodity Futures Trading Commission (CFTC) is probing Binance Holdings Ltd., the largest cryptocurrency exchange by volume, concerning transactions that were allegedly carried out by U.S. residents. According to the report, the CFTC is investigating Binance to find out if U.S....

Jan 20 2021

Inauguration Day: Past Presidents Taking Office Has Boosted Bitcoin Bull Run

Jan 20 2021 Published at Bitcoinist.com under tags  america biden bitcoin btc btcusd

Bitcoin is struggling to hold onto $35,000 after an epic run, just as a new United States president takes office. And although things might appear suddenly bearish for the cryptocurrency in the short-term, past instances of new presidents taking the oath of office has led to the asset's most bullish impulses yet. Here's a detailed look at what could be next if the...

Jan 06 2021

United States OCC Approves Stablecoin Use by Banks

More great news rocks the crypto and blockchain space. This time around, the U.S. Office of the Comptroller of the Currency has greenlighted banks to carry out payments using stablecoins. The United States OCC made this announcement in an interpretive letter published on Monday, January 4, 2021. The letter further disclosed that banks can also now make use of public...

Dec 23 2020

“Don’t worry” Says Ripple’s CEO as XRP Plumps More Than 30%

Dec 23 2020 Published at Coingape under tags  altcoin news bitcoin btcusd coinmarketcap crypto

As XRP drops more than 30% in recent days, Ripple's CEO, Brad Garlinghouse, recently shared a note with the Company's...

Huobi Returns To The U.S. After Receiving Nevada Trust License

Huobi, one of the most popular cryptocurrency exchanges globally, plans to return to the United States, after a long time outside the United States and ceasing its operations in 2019. According...

It’s Official: SEC Files $1,3 Billion Lawsuit Against Ripple And Its Executives

The Securities and Exchange Commission (SEC) is filing a lawsuit against the American technology company Ripple. Likewise, the SEC considers XRP, Ripple's official...

Dec 10 2020

Four Frightening FUD Filled Factors Bitcoin Investors Should Beware Of

Dec 10 2020 Published at Bitcoinist.com under tags  astrology bitcoin btc btcusd btcusdt

Bitcoin price is clinging on to $18,000 after setting a new all-time high but failed to make it through psychological resistance at $20,000. Market participants are always searching for a reason for a trend change and often look to negative news or events that create FUD – fear, uncertainty, and doubt. And although 2020 has been the most bullish year yet for Bitcoin...

Dec 07 2020

New Crypto Regulations Are a Major Concern for U.S.-Based Exchanges

The whole crypto ecosystem was built on the foundation of decentralization; to hand over the final control into the hands of the common man. However, as days are passing by, this ecosystem is turning more and more centralized, which defies the purpose of blockchain and cryptocurrencies. In many countries, crypto regulations are a “gray area.” While some countries have defined some regulations for...

Nov 28 2020

The United States is Worried About Chinese Dominance in the Cryptocurrency Industry

The United States is worried about Chinese dominance in the cryptocurrency industry. According to the Washington Examiner, the U.S. intelligence community is raising concerns about China’s influence over […]

Nov 18 2020

PayPal Gives the Thumbs-Up to U.S. Crypto Trading

Popular payment giant PayPal has announced that all eligible customers in the United States can now buy digital currency directly from their PayPal accounts. Announcing the new development via Twitter, PayPal disclosed that it has ended its waitlist after conducting a narrow rollout over the past weeks....

Nov 13 2020

CBDCs: ECB and US Closer to Launching Digital Currencies

The European Central Bank (ECB) and the United States are seriously analyzing issuing central bank digital currencies (CBDCs). Two of the largest economies in the world are analyzing […]

Nov 03 2020

Coinbase Launches Debit Card in the U.S.

Popular cryptocurrency exchange Coinbase announced that the Coinbase debit card will be launched in the U.S. this winter. From the time of the announcement, U.S. customers can join the waitlist so that whenever the Coinbase Card is ready, it will be made available to them. The Coinbase debit card has already been launched in the U.K. and in 30 other countries. How the...

Nov 02 2020

Bitcoiners Weigh In On The U.S. Presidential Election

Bitcoin is inherently apolitical, in the sense that no third party or government can influence the critical aspects of how the network functions. But politicians can influence Bitcoin tangentially, by introducing regulations that make it harder to access, implementing economic policies that drive more people toward this alternative or through other actions within their power. And decisions by individuals to leverage BTC, to...

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