The bitcoin and ethereum options on Deribit, one of the largest crypto derivatives exchange, expired earlier today.
This month saw the largest open interest in...
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to...
In the cryptocurrency sector, mining cryptocurrencies is without doubt one of the greatest methods to earn. Mining cryptocurrencies like Bitcoin and Ethereum, alternatively, may be expensive because of the want for high-end laptop machines. Furthermore, the expense of sustaining these units is big and out of attain for the standard crypto fanatic. This is why […]
How Is Crypto Taxed in the United States? It’s important for investors, including those with cryptocurrency IRAs, to understand how taxes affect their accounts. Cryptocurrencies are treated as property according to the IRS, just like many other investments. Every sale may cause a taxable event, with only a few exceptions. But if you hold your […]
Exxon Mobil, one of the largest publicly-traded oil and gas companies in the world is experimenting with using waste energy for mining crypto. According to a report from Bloomberg, Exxon is running a pilot program in North Dakota to harness excess natural gas that would have otherwise been burnt off, to power crypto mining operations. […]
Malaysia’s deputy finance minister Shahar Abdullah turned down a proposal to adopt Bitcoin as legal tender on Thursday, calling cryptocurrency unfit for payments. See related article: Malaysia ministry: adopt crypto as legal tender to engage the young Fast facts Abdullah voiced concerns around cryptocurrencies’ price volatility and cyber security risks. Zahidi Zainul Abidin, the deputy […]
Malaysia’s deputy finance minister Shahar Abdullah turned down a proposal to adopt Bitcoin as legal tender on Thursday, calling cryptocurrency unfit for payments. See related article: Malaysia ministry: adopt crypto as legal tender to engage the young Fast facts Abdullah voiced concerns around cryptocurrencies’ price volatility and cyber security risks. Zahidi Zainul Abidin, the deputy […]