Crypto purchases made with fiat do not need to be declared in Form 1040.
Polkadot Reports Surge in Weekly Cryptocurrency Inflows (Finance Magnates)
The crypto investment products saw a total of $395 million inflows last week.
ECOMI to List OMI Tokens With BitMax (Bitcoin.com News)
PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of OMI Tokens (OMI) …
Bitcoin’s Recent 25% Drop ‘Positive’ as It Tested Holder Conviction: Report (Cryptoglobe)
Bitcoin’s recent 25% price dip was positive because it flushed out excessive leverage from the market and tested its holders’ conviction while keeping speculators at …
Another billionaire moves into crypto, but New York regulators sound alarm (Cryptoslate)
Separate instances this morning saw a billionaire embrace the crypto sector and a regulator move away from it. One steps into crypto Dan Loeb, founder …
Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash (Bitcoin.com News)
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms …
Gensler sticks up for Bitcoin before Congress, but doesn’t say much new (Cointelegraph)
The Senate held its first hearing on Gary Gensler’s nomination to chair the SEC today.
‘Chain-Agnostic’ Orion Protocol Set to Expand to Binance Smart Chain (BTC Manager)
March 2, 2021 — Orion Protocol, the liquidity aggregator building a decentralized gateway to the entire crypto market, has revealed Binance Smart Chain (BSC) as …
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Litecoin creator draws parallels between 2021’s NFT and 2017’s ICO mania (Cointelegraph)
Litecoin creator Charlie Lee continues to criticize the NFT industry, seeing the hallmarks of a mania similar to 2017 and even 2013.