At least 69,369 bitcoins, worth about $955 million, were on Wednesday moved from a wallet address that may be linked to the collapsed Silk Road darknet marketplace. This is the first time that the … What is Bitcoin? Bitcoin (BTC) is the world’s first open-source, peer-to-peer cryptocurrency developed by a pseudonymous person or group of people under the name of Satoshi Nakamoto in 2008. The identity of Satoshi Nakamoto remains a mystery. The crypto is run on distributed ledger technology, also known as blockchain. Bitcoin allows for ... The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is dis… Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 6 More donations can be expected. Source Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether’s TUSD. Also known as BUSD, the token is traded almost exclusively on the Binance exchange and its market cap – which roughly corresponds to the total value of dollars deposited with its issuer,... Trader tax status. For starters, active cryptocurrency traders can qualify for trader tax status (TTS) to deduct trading business and home office expenses. TTS is essential in 2018. The Tax Cuts and Jobs Act, signed into law by President Donald Trump in December, suspended investment expenses and the IRS does not permit employee benefit plan deductions on investment income. A TTS trader can ...
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