5 Essential Tips for Preparing Your Cryptocurrency Taxes

Paying taxes on Bitcoin and other cryptocurrencies is becoming a priority for individuals in the US after the IRS announced on July 2nd, 2018 that one of their core campaigns and focuses for the year is the taxation of virtual currencies. Because cryptocurrencies are treated as property in the eyes of the law, they are subject to capital gains and losses rules just like stocks, bonds, real estate, and other forms of property. The challenge with cryptocurrency in regards to taxes is that the data making up your crypto buys, sells, trades, transfers, mining income, forks, splits, air drops, wallet

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Exclusive: Why Ledger CEO Eric Larchevêque is Preparing for Crypto Nuclear Winter

One of the most striking things about the cryptocurrency industry is people’s willingness to talk about it. As the CEO of Ledger, perhaps the most secure hardware wallet in the world, you might think that Eric Larchevêque would send a spokesperson on his behalf. Yet the professional, poised, and, above all, humble Larchevêque is always willing to talk–especially if it helps the advancement of the bitcoin industry. The first time I spoke to him at a conference, I was still fairly new to the bitcoin industry and wet around the ears. As I trembled with my notes terrified of asking

Exclusive: Why Ledger CEO Eric Larchevêque is Preparing for Crypto Nuclear Winter by CCN

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‘Major Announcement’: Is Donald Trump Preparing to Declare a National Emergency to Gain Wall Funding?

U.S. President Donald Trump has promised to make a ‘major announcement’ on Saturday afternoon. This comes as the partial government shutdown nears the one-month mark. Without going into much detail, Trump said the focus of the announcement would be on the partial government shutdown and the ‘Humanitarian Crisis on our Southern Border’: I will be

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Kazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central Bank (news.bitcoin.com)

The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of cryptocurrencies in the country as well as any kind of crypto mining, citing several risks he sees.
Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

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Bitcoin Cash Price Technical Analysis – BCH/USD Preparing for Break

Bitcoin cash price is preparing for the next move with support on the downside at $ 2300 against the US Dollar. There is a crucial bearish trend line forming with current resistance at $ 2400 on the hourly chart of BCH/USD (data feed from Kraken). The pair might soon make the next move either above …
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Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough (news.bitcoin.com)

At the moment there are two forks planned for the Bitcoin network, and cryptocurrency proponents are curious about taking the best preparations. One fork is called Bitcoin Gold which is scheduled for October 25, while the other hard fork Segwit2x (BTC1) will take place roughly around mid-November or block height 494784.
Also read: Putin Tells

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