Category: Cryptocurrency News

The IRS added a new checkbox this year on Form 1040 p. 1 ‘Did you trade virtual currency?’. They’ve subpoenaed Coinbase and are forming entire divisions devoted to finding those not paying tax on crypto gains. That being said, there are still ways to properly report while also mitigating your liabilities. Luckily COVID has set…
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he does not consider dogecoin an investment. “I don’t participate in that kind of thing. I don’t understand why anybody would,” he said. Kevin O’Leary Won’t Invest in Dogecoin Shark Tank star Kevin O’Leary talked about the meme cryptocurrency dogecoin in an interview with CNBC last […]

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Ethereum 2.0 will outperform Visa by a factor of 7 when it comes to transactions per second. Ethereum 2.0 will handle around 100,000 transactions per second according to Vitalik Buterin, while Visa claims to handle around 15,000 transactions per second. But in practice Visa only handles around 1,700 transactions per second. This would make Ethereum…
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