cryptocurrency

Cryptocurrency Exchange UpBit Raided by Korean Officials

Cryptocurrency Exchange UpBit Raided by Korean Officials

South Korean officials raided the country’s largest cryptocurrency exchange, Upbit, on Thursday and Friday night on suspicion of fraud, reported Reuters, citing Yonhap News.Yonhap did not provide any further details. Neither Upbit nor the fina..

Crypto Traders Can Save on US Taxes

Crypto Traders Can Save on US Taxes

For American cryptocurrency traders, a tax trap awaits. They have not paid their taxes despite huge capital gains enjoyed in 2017. The first half of 2018 saw the cryptocurrency portfolios declining in value and they incurred huge trading losses. It ..

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Susquehanna analyst, Christopher Rolland lowered his price target for Advanced Micro Devices Inc. (NASDAQ: AMD) and Nvidia Corporation (NASDAQ: NVDA) as specialized cryptocurrency mining chips will be released this year.Rolland reduced his rating to..

Bitcoin Prices Fall After Google Announces to Ban All Crypto Ads

Bitcoin Prices Fall After Google Announces to Ban All Crypto Ads

Alphabet Inc. (NASDAQ: GOOGL) Google announced on Wednesday that it plans to ban all unregulated or speculative financial products such as binary options, cryptocurrency, foreign exchange markets and contracts for difference (CFDs) beginning in..

Coinbase releases Cryptocurrency Tax tool

Coinbase releases Cryptocurrency Tax tool

Coinbase the startup which has become the go-to exchange for many newcomers who are looking to invest in the technology has released a gain/loss calculator to help users meet the newly placed U.S. tax requirements.Recently as the IRS has begun to cr..

Scammers Steal Cryptocurrency Worth $2 Million Through a Scam Named Project Giza

Scammers Steal Cryptocurrency Worth $2 Million Through a Scam Named Project Giza

All the hype about cryptocurrency has been further spurred by the recent developments in the cryptocurrency market. It looks as though scammers have managed to carry out an invalid initial coin offering or ICO and make a run with almost close to $2 ..

Wall Street Veteran Predicts Bitcoin Value to Drop by 90%

Wall Street Veteran Predicts Bitcoin Value to Drop by 90%

Bitcoin is becoming increasingly popular and drawing investors by the number because of the significant returns in bitcoin investments over the past six years. Bitcoin is emerging as a strong contender in several aspects of finance such as investmen..