A professional tax advisor explains the key things for Bitcoiners to know when filling out their returns for 2021.

Many analysts are working to discover why it is that bitcoin has suddenly taken such a nasty price stumble. The world’s number one digital currency by market cap has fallen below the $40,000 mark after hovering there for the past several weeks, and it looks like it may be because BTC is in line to...

The post The Federal Reserve May Unveil a National Cryptocurrency appeared first on Live Bitcoin News.

By Jeremy M. McLaughlin and Daniel S. Nuñez Cohen Last week the Federal Reserve Board (the “Fed”) issued a discussion paper entitled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation” (the “Paper”). The Paper explores the advantages and disadvantages of the Fed issuing a central bank digital currency (CBDC or digital […]

Bitcoin is becoming increasingly popular, having already been adopted as legal tender by El Salvador in 2021, and being bartered for incentives in other areas, such as Rio offering a 10% discount when taxes are paid in Bitcoin Instead of spending, some crypto owners (HODLers) are holding crypto in high-yield savings accounts, collecting up to … Continue reading "LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) and Lightning Network Could Benefit Immensely by Bitcoin’s Potential as Hedge Against Inflation"

The post LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) and Lightning Network Could Benefit Immensely by Bitcoin’s Potential as Hedge Against Inflation appeared first on CryptoCurrencyWire.

On Monday, January 24, the Central bank of Russia was forced to halt purchases of foreign currency in an attempt to stop a tremendous plunge in the stock market and the value of the ruble.

The International Monetary Fund’s board urged El Salvador to do away with its move to make bitcoin a legal tender while calling for strict regulation of the country’s e-wallet. IMF board members “urged the authorities to narrow the scope of the Bitcoin law by removing bitcoin’s legal tender status,” the IMF said in a Tuesday […]

The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported. (Read More)

As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1% this week. Dogecoin Down 80% Since All-Time […]

As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare.

Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, has said he sees the bitcoin price crash as “great news” as he may invest in the flagship cryptocurrency “if and when” its price drops back down to $20,000. In a tweet Kiyosaki shared with his over 1.8 […]

The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore. The institution will offer funding in the form of grants to support initiatives built on top of the Luna network. One of its biggest functions will be to establish a “forex reserve” that will […]

US President Joe Biden's administration is working on an initial government-wide strategy on digital assets for release next month. (Read More)