The Wild World of Cryptocurrency

Understanding the world of cryptocurrencies such as Bitcoin and Ethereum, among others, can be a very complicated task. They stand firm on the blockchain’s decentralized and encrypted technology, which is a quite intricate subject to learn. Nevertheless, if one can unravel their functioning principles, one can also grasp the enormous potential they present for the…

Cryptocurrency News Roundup

1. U.S. Treasury Department Calls for Stricter Cryptocurrency Compliance: The U.S. Treasury Department announced that it will require any cryptocurrency transfer worth $10,000 or more to be reported to the Internal Revenue Service to increase tax compliance and to gray market transactions. 2. Bitcoin Plunges: Bitcoin, the world’s largest cryptocurrency, plunged nearly 30% and dropped…

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