currency

Cryptocurrency Market Bearish Sentiment Continuous

Cryptocurrency Market Bearish Sentiment Continuous

Bitcoin has lost value continuously for four sessions, sliding down as much as 20 percent, while questions rise about whether the largest cryptocurrency was manipulated during its immense price surge last year. It traded at a few cents initially in ..

Easing Trade Tensions Portend Steady Stock Markets

Easing Trade Tensions Portend Steady Stock Markets

Easing trade tensions between China and the United States mean US stocks can only go up on May 14. Futures predicted a 0.2 percent opening gain for S&P 500. The Dow Jones Industrial Average or DJIS may go up by 0.3 percent. The Stoxx Europe 600 ..

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..