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Cryptocurrencies

Gemini Plans Crypto Rewards Credit Card

With Bitcoin and cryptocurrencies once again garnering a ton of public attention, there seems to be a renewed interest in making such assets as accessible as possible. This not only includes the likes of PayPal allowing users to buy Bitcoin and other tokens but also introducing ways for customers to...

SEC Files Lawsuit Against Ripple

Despite all the negativity that 2020 had to offer, cryptocurrencies have actually enjoyed a fairly successful year all things considered. Case in point: Bitcoin is currently trading for more than $23,000 after finally breaking through the much-eyed $20k mark earlier this month. However, one token may be in for a...

Cash Back App Slide Adds Crypto Payment Support Via BitPay

In recent months, cryptocurrencies have continued to creep into the mainstream consiousness. This includes a growing number of integrations allowing consumers to actually spend Bitcoin and other assets instead of merely holding them for investment reasons. The latest example of this is Slide, which is now partnering with BitPay to...

Bitcoin Continues to Surge, Nearing All-Time High

In 2017, Bitcoin enjoyed a famed run that saw the cryptocurrency's value climb to nearly $20,000 per coin before plummeting back down to earth. Now, nearly three years later, the asset is making another run at that record. Since October 1st, the price of Bitcoin has nearly doubled, going from...

BitPay Launches BitPay Send Feature for Businesses

It's no secret that the typical employment model has been upended in recent years. Not only has the gig economy continued to grow but, due in part to the COVID-19 pandemic, remote work is at a new high. With that in mind, BitPay recently launched a new tool called BitPay...

Crypto Card Issuer Ternio Joins Visa's Fast Track Program

Visa's Fast Track program has found its newest participant: blockchain card issuer Ternio. By partnering with Visa, Ternio says it will be able to make it even easier for other FinTechs to introduce "crypto-friendly payment experiences." This is to say that customers will be able to manage and even earn...

Square Announces $50 Million Bitcoin Purchase

Square has just made a major investment in cryptocurrency. The Jack Dorsey-led FinTech announced this week that it had purchased 4,709 Bitcoins. With a total price tag of $50 million (which amounts to approximately 1% of Square’s total assets as of the end Q2), this means that the company paid...

IRS Alters 1040 Form to Make Crypto Question More Prominent

Taxpayers who hold, exchange, and transact cryptocurrencies will soon have one fewer excuses for not reporting these activities to the Internal Revenue Services (IRS). According to the Wall Street Journal, the new Form 1040 for the 2020 tax will make it harder to ignore a question about cryptocurrency assets. Now,...