Back in June, following months of rumors, Facebook officially unveiled plans for the cryptocurrency Libra. In that announcement it was revealed that, while Facebook was taking the lead on the project and would also be introducing the Calibra crypto wallet, there were several partners that had signed-up to support the...
Following the big Bitcoin boom of 2017, April 2018 saw several reminders that cryptocurrency gains needed to be reported on tax filings. Of course by that time the price of Bitcoin was about half of what it was just a few months before. Nevertheless it seems that the IRS is...
While it may have been a rocky week for the stock market, it's been a good few days for crypto. Potentially due in part to the volatility on Wall Street, Bitcoin has managed to stay on the right side of $10,000, currently trading for more than $11,500. On top of...
It seems that, when it comes to Bitcoin, Facebook giveth and Facebook taketh away. Just a few weeks after the announcement of Libra helped push Bitcoin over the $10,000 mark and as high as $14,000, the leading cryptocurrency is currently slumping and has fallen back down below that five-figure floor.
Earlier this week, United States Federal Reserve Chairman Jerome Powell testified before Congress. While the meeting's big headline was Powell's suggestion that a rate cut was likely later this month — news that brought market indices to all-time highs — one company that was likely not too happy with everything...
After months of speculation, Facebook finally announced the first details about the planned debut of Libra just a few short weeks ago. While the news was well-received in many circles and arguably helped push the price of Bitcoin north, it seems that not everyone is on board with the plan....
For the first time in more than a year, the price of a single Bitcoin is now higher than $10,000. While that's nearly half of its all-time high, it's more than double where it was late last year and into early this year. So could the world's largest cryptocurrency be...