Bitcoin's market cap now over 9% of global Banking sector
Bitcoin’s market capitalization of €0.56 trillion as of January 19, 2021 accounts for about 9.2% of the market cap of the global banking sector.
Peter Schiff still doesn’t get it. Real Bitcoiners aren’t trying to cash out. We didn’t come here just to sellout for USD War Bucks, but the IRS only accepts USD, so we are forced to comply. Peter Schiff’s opposition to Bitcoin and support for Gold rests entirely on appeals to authority.
Bitcoin bulls believe that if they pump the #Bitcoin price high enough institutions will have no choice but to buy for fear of missing out. If so, this would be the first bubble in history where little guys get in early and sophisticated bag holders arrive late to cash them out.
— Peter Schiff (@PeterSchiff) November 28, 2020
Bitcoin Optech Newsletter #132
This week’s newsletter summarizes posts to the Bitcoin-Dev mailing list about payjoin adoption and making hardware wallets compatible with more advanced Bitcoin features. Also included are our regular...
Sorry Janet and Christine, Criminals Still Prefer the U.S. Dollar and Euro to Bitcoin
January 20, 2021, is a special day for Joe Biden. It is indeed the day he will become the 46th president in the history of the United States. Everyone hopes that the departure of Donald Trump from…
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To anyone who lost their Blockchain dot info V1 wallet access, here's how a wallet recovery service cracked my friend's 2013 bitcoin wallet. Funds recovered were worth $50 back then, and $5000 today!
On December 19th 2020 Miguel Cuneta (@MiguelCuneta) / Twitter tweeted: Helping a friend recover his old blockchain wallet from 2013. Crossing my fingers for him because the $50 he won from our UFC…
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here is exactly how the IRS is treating bitcoin for the 2020 tax year: IRS Virtual Currency Guidance | Internal Revenue Bulletin: 2014-20 | Internal Revenue Service
Highlights of This Issue
SPECIAL ANNOUNCEMENT
INCOME TAX
EMPLOYEE PLANS
EMPLOYMENT TAX
SELF-EMPLOYMENT TAX
I will forever have this bookmarked, fantastic illustrated guide - the one which finally got my family on board 🚂
Learn everything you need to know about the cryptocurrency Bitcoin. Quick and simple explanations: Discover how Bitcoin works and why it’s so popular.
Putin critic Navalny’s non-profit is still receiving Bitcoin -- $24M and counting | Protos
Navalny fans have sent a steady stream of Bitcoin donations -- even as it quadrupled in one month to new highs above $40,000.
What the IRS wants to know about your BTC holdings: does this mean that if i buy one crypto with another on an exchange without cashing out to USD, i still have to report capital gains on *each* crypto exit into another if i made gains?! and i have to pay taxes on mined coins i haven't cashed out?!
Whether you received some crypto this year or you decided to finally cash in your Bitcoin while it's high, you'll have to tell Uncle Sam next spring.
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"According to Investor Erik Townsend, Bitcon poses a serious threat to the government's monopoly on issuing money. But he believes that since enough institutional investors are now invested in Bitcoin, at this point it’s 'politically inexpedient' to ban it. "
The 4 biggest themes of the last weeks in the fast paced cryptocurrency world which is quickly converging with reality (and a quick defi and Bitcoin markets overview)