Traders

Mistakes Crypto Owners and Traders Should Avoid

<header class=”article__header”> </header> <strong>There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should avoid.</strong> Also read: ‘No-Deal …

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Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty

</header> <strong>Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil and socio-economic challenges. </strong> Also read: Russia Blocks 2 Crypto News Websites …

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NIXT – Nexinter Launches Exchange Offering Using SLP

<header class=”article__header”> </header> Today, NextHash and Bitcoin.com have entered a technical partnership to design and structure the NIXT utility token. NIXT token is being listed in its fully operational exchange Nexinter on top of Bitcoin Cash, using the Simple Ledger Protocol (SLP) framework. The Simple Ledger Protocol whitepaper was published last July and the project …

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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

<header class=”article__header”> </header> <strong>U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed for the lack of liquidity in the repo …

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Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks

<header class=”article__header”> </header> <strong>In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of the losses.</strong> Also …

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10 Tax Tools to Help Crypto Owners

<header class=”article__header”> </header> <strong>While tax laws on cryptocurrency vary by jurisdiction, there are many useful tools to help you calculate crypto taxes, lower your tax liabilities, and simplify your filing — no matter where you are. Many of them work globally, supporting tax forms of multiple countries, and can import data directly from all major …

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Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch

<header class=”article__header”> </header> <strong>Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism.</strong> Also Read: Bitmain Launches Next Gen Miner …

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Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide

<header class=”article__header”> </header> <strong>On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) is holding steady, up 2% today and now commanding …

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Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In

<header class=”article__header”> </header> <strong>As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News.Bitcoin.com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in …

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Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes

<header class=”article__header”> </header> <strong>On Wednesday, June 26, the price of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become …

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