Tether signs agreement with Guinea to explore blockchain tech
Stablecoin giant Tether has agreed to help the Republic of Guinea explore the possibility of using blockchain and set up education programs on the technology.
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U.S. law firm says IRS is coming after Coinbase users who evade taxes
Once an IRS investigation or audit is opened, it's too late to make amends, warn tax lawyers. 1195 Total views 15 Total shares The Tax Law Office of David W. Klasing, a boutique California tax firm, has issued a public release warning investors that the United States Internal Revenue Service is getting serious with Coinbase…

The case for Bitcoin price dropping to $27K in a possible bearish scenario
Some analysts say that the price of Bitcoin (BTC) could drop to $27,000 in a bearish scenario if it falls through the $30,000 support area.The potential drop to $27,000 is conditional in that BTC would have to break down below $30,500, where it strongly bounced from on Jan. 11. Bitcoin whale clusters. Source: WhalemapWhich is…

Cointelegraph Consulting: Research outlines how DeFi can merge with traditional finance
New research finds that regulated financial institutions can interface with decentralized finance via digital asset marketplaces. 1158 Total views 12 Total shares While public adoption of crypto assets is increasing, global regulations continue to progress and recognize decentralized technologies as a suitable infrastructure for the dematerialization of securities. In Luxembourg, the country that is second…

Irys launches layer-1 programmatic data blockchain
The price of storing data directly on the blockchain is extremely prohibitive for most users, leading to an overreliance on traditional IT.

3 charts showing this Bitcoin price drop is unlike summer 2021
Bitcoin (BTC) bear markets come in many shapes and sizes, but this one has given many reason to panic.BTC has been described as facing "a bear of historic proportions" in 2022, but just one year ago, a similar feeling of doom swept crypto markets as Bitcoin saw a 50% drawdown in weeks.Beyond price, however, 2022…

Coinbase users can now report their crypto taxes using CoinTracker
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before. 2771 Total views 9 Total shares With just three months until the deadline for United States citizens to declare their crypto gains and losses to the Internal Revenue Service, Coinbase is partnering with portfolio tracking and tax calculating platform CoinTracker…

Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty
Bitcoin's mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual. 1873 Total views 24 Total shares Recent findings from analytics company Digital Assets Data show miners hanging on to their Bitcoin (BTC). "Rolling MRI (Miner's Rolling Inventory) has declined significantly since the halving, meaning that miners are holding onto more BTC than…

What is the risk/reward ratio in cryptocurrency trading, and how to use it
The risk/reward ratio or risk/return ratio is a commonly used metric in trading that compares the potential profit of a trade with the potential loss. That said, it’s the reward traders stand to make for the risk they take. For example, an investment with a risk/reward ratio of 1:3 would mean that for every dollar the…