The South African Revenue Service will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their
Browsing: Bitcoin
View the latest contribution from TechCentral cartoonist Jerm.
View the latest contribution from TechCentral cartoonist Jerm.
The rapid evolution of crypto assets such as bitcoin may one day make them a threat to the financial system, Mark Carney, chairman of the Financial Stability Board, said in a letter to Group of 20 finance leaders. “Wider use and
The tea leaves don’t bode well for bitcoin. Traders who look for future price direction in chart patterns are finding more indicators suggesting the world’s largest digital currency may have further to fall. Bitcoin’s 50-day moving average
A version of the technology that’s meant to make cryptocurrency payments faster and cheaper went live on Thursday. The software, called Lightning Network, can now be used for bitcoin payments after more than
It might be hard to believe. But after the 1 400% rally of 2017, with wild swings along the way, the great crypto craze has cooled, at least for now. For the past month, bitcoin’s price has stalled between $8 500 and
Earlier this year, when bitcoin’s price fell by more than 60% from its record close, a less-noticed bitcoin figure also plunged: the number of daily transactions. There are many explanations for the fall-off in trading, from
Last spring, as cryptocurrencies seemed on the brink of a linkage with the traditional financial system, there were predictions of a price explosion along with institutional, regulatory and mainstream acceptance of the currencies
Bitcoin has quietly reached a major milestone in its quest to reach the masses. Segregated Witness, or SegWit, the software upgrade designed to speed up bitcoin transactions, is gaining traction. The number of transactions