Posts Tagged: IRS

Bitcoin Near $9K; U.S. Tax Payers Don’t Report Gains

It’s another interesting week for the world’s most popular cryptocurrency as the price recovers from a longer downtrend that shook the markets.  After the U.S. Senate hearing brought new faith in the future of cryptocurrencies last week, Bitcoin began a gradual climb from its $7,000 levels to reaching $9,000. And

Hard Fork Fears Cause Price Drop; IRS Reveal Data

After trading near to $1,200 for weeks, Bitcoin to USD price has reversed back to below $1,050 during weekend trading on the back of high volume and, presumably, fears about the future of the cryptocurrency. And judging from the current market signals, the price is bound to take another hit