Cryptocurrency investors may soon have more clarity on how the IRS will tax their holdings now that the agency has said it is making that a priority. Continue reading IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency
John McAfee is famous for predicting that the bitcoin price will hit $1,000,000 at some point or he’ll eat his own appendage. What you might not know is that he dislikes Ethereum and doesn’t even care that much for BTC, either. Yes, the reason is as silly as you might have hoped. Meanwhile, similar to Tesla CEO Elon Musk, McAfee has a soft spot for meme-fueled cryptocurrency Dogecoin. Continue reading John McAfee Bashes Bitcoin and Ethereum but Touts ‘Adorable’ Dogecoin
Don’t believe the hype. Gene Simmons may promote many things, but he doesn’t go near anything unless he has an “emotional connection,” to it, he once told CNBC. Apparently, bitcoin is near and dear to his heart and the crypto winter didn’t freeze him out. Continue reading Kiss Frontman Gene Simmons: Bitcoin Is Volatile but It’s Not Dead
In the past few sessions, we mostly saw range moves below $0.3700 in ripple price against the US Dollar. Earlier, the XRP/USD pair made a few attempts to break the $0.3700 and $0.3740 resistance levels. However, bulls failed to gain bullish momentum above $0.3740 and the price retreated from highs. It broke the $0.3650 support and settled below the $0.3600 level plus 100 hourly simple moving average. The recent swing low was formed at $0.3488 and the price is currently consolidating in a tight range. Continue reading Ripple Bulls Protecting Crucial Support But Can They Gain Momentum?
Bitcoin risks a further sell-off if the bulls’ defense of $3,700 fails to produce quick recovery. Continue reading Bitcoin Price Holds Above $3,700 But Bulls Need Progress Soon