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Bitcoin News / Bitcoinist - 2 months ago

Tax Policy, Not Technology, Is Blocking Bitcoin Payments, Advocates Say

Using Bitcoin to buy groceries or pay a bill sounds simple. Under current US tax law, it is anything but. Every transaction — no matter how small — triggers a taxable event that must be reported to the IRS, forcing users to calculate capital gains on...

Bitcoin News / Bitcoinist - 2 months ago

Analyst Says Bitcoin Bulls Have Won And This Is The Next Target

Over the last week, the Bitcoin bulls have been putting up a fight to combat the consistent decline, and this has led to the price ranging around the $70,000 level. With this newfound recovery trend, things look to have taken a turn for the better as...