Bitcoin Value $300 And Market Trepidation
Bitcoin value at $300 will be reality within a day or two as the Bitcoin price holds its ground just below $300 and prepares for the final push of advance. Trade has been pushing up against overhead resistance, and it is likely that a strong price surge will occur once price crosses above $300 / 1900 CNY. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Value and Price Analysis. Time of analysis: 09h39 UTC. Bitstamp 4-Hour Chart. From the analysis pages of xbt.social,....
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As most people have now heard, the IRS just granted itself the power to tax the gains realized when individuals sell or spend their bitcoins - much like stocks. That means you are also responsible for knowing exactly how much your Bitcoin holdings have increased in dollar terms since you bought them. If you are a miner, it even means all those 1's and 0s sitting idly on your cold storage hard drive are now considered gross income. Naturally, this has produced some trepidation among Bitcoin lovers, who now are obliged to keep incredibly onerous tax records if they want to stay on the right....
As most people have now heard, the IRS just granted itself the power to tax the gains realized when individuals sell or spend their bitcoins - much like stocks. That means you are also responsible for knowing exactly how much your Bitcoin holdings have increased in dollar terms since you bought them. If you are a miner, it even means all those 1's and 0s sitting idly on your cold storage hard drive are now considered gross income. Naturally, this has produced some trepidation among Bitcoin lovers, who now are obliged to keep incredibly onerous tax records if they want to stay on the right....
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When it announced its blockchain innovation lab earlier this year, UBS caused a ripple of excitement and trepidation. It was a watershed moment: one of the world's wealthiest investment banks was putting its money, and public image, behind blockchain technology. Not only that, but it would be experimenting deep in the financial heart of London. The narrative around bitcoin has shifted since the cryptocurrency first gained notoriety via illegal activities and anti-bank sentiment. The finance world is now racing to test it - and other blockchain technologies - out in startups, research....