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PR: ACD Launches Coin Buy Back Project

ACD’s new exciting project is the brainchild of Bitcoin.com’s CEO Roger Ver and ACD’s CEO Yasuhiro Sonoda. ACD has decided to start the “ACD Coin Buy Back Project,” where a certain number of ACD coins will be bought back when payments are made using BCH…

Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds

At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto…

These Tools Will Help You Calculate Your Crypto Taxes

Filing taxes can be tricky and in jurisdictions like the United States is notoriously complicated. But when cryptocurrencies are added to the equation things start to get even harder. Many aspects of the reporting of crypto income and profits are not yet clearly defined. However,…

Swedish Trader Expects to Pay 300% of Crypto Profits to Tax Agency

According to local media, a Swedish cryptocurrency trader is anticipating receiving a tax bill of approximately $1 million after conducting approximately $2.9 million worth of trades across tens of thousands of transactions made since 2014. The trader claims that the tax bill will equate to…

Altocin Arbitrage Today: XMR, ZEC, XLM, ETH, XRP, LTC and 5% Profit

Even on a Sunday morning, there is some good money to be made with cryptocurrency arbitrage. In fact, one could argue some opportunities are even more lucrative compared to the rest of the week. The following six opportunities all offer pretty decent returns, depending on…

Crypto Arbitrage Today: XLM, TRX, XMR, ZEC, DOGE, BTG

Cryptocurrency traders and speculators are always looking for ways to make some good money. When trying to ignore the overall market circumstances, using arbitrage opportunities is one’s safest bet more often than not. The following six offerings will allow users to score some quick profits,…

Making $2,000 a Month With Cryptocurrency – Triangular Arbitrage

On the road toward making $2,000 a month with cryptocurrency, one has to look well beyond traditional opportunities first and foremost. In the case of arbitrage trading, there are quite a few different options to explore. The triangular arbitrage opportunity can be extremely lucrative, although…

Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter

Coincheck reported a pre-tax loss of 588 million yen (US $5.3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. That’s an increased deficit of 130 percent from the 259 million yen ($2.3…

Bitcoin Group SE Reports Half-Year Profit Surges 300% to $3.85 Million

German digital currency exchange Bitcoin Group SE reported on Friday a first-half net profit increase of more than 300% to €3.32 million (~$3.85 million USD). The company added 86,000 new accounts of people buying and selling cryptocurrency like bitcoin and bitcoin cash in the first…