Commentary

What Do the New IRS Crypto Taxing Guidelines Mean?

New cryptocurrency tax guidelines have been released by the Internal Revenue Service, which has caused some commotion in the cryptocurrency industry due to how uninformed the IRS actually is about the subject.

The taxation seems to be targeting almost every means of crypto trading including Bitcoin robots. According to this Learnbonds Bitcoin Era review, the revenue and profit are directly calculated through "speculation" even though it's classified under high-frequency trading very common on Wall …

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Crypto Casinos Are the Future of Gambling

The advent of cryptocurrencies has fundamentally changed the world of finances in many aspects. The new, blockchain-based technology with virtually no safety breaches and instantaneous transactions provides never-before-seen opportunities to customers and businesses alike.

New possibilities arise for the gambling industry as well. Even though many casinos, like the casino slots in Australia, still run on traditional wallet technologies for deposit and withdrawal purposes, there are some providers that have already started implementing new …

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Will Crypto Transactions Help the Venezuelan Economy?

The Venezuelan economy has been in terrible shape in the last couple of decades as it's been going through hyperinflation to a point where the local currency is as good as a roll of toilet paper.

Because of this, the local population was forced to either emigrate outside of the country to nations that have a better economic condition or stay in Venezuela and somehow combat the issues from within.

On top of the hyperinflation, …

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High Steaks: 6 Real-Life Gambles You Take Every Single Day

High Steaks

A few days ago, we spoke to a crypto fund manager who likes to gamble. He uses machine learning and other technology to maximize his profit. And that got me thinking...

It's no secret that Bitcoin and other blockchain technology has revolutionized online gambling. It's almost hard to find a sportsbook that doesn't accept cryptocurrency these days. Fast, secure, cheap payments are a godsend in such a high-risk industry (pun kind of intended).

Whether …

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What is Bitcoin Gaming? What Are the Best Games?

Bitcoin gaming

Gamification is big news across the digital marketing sector right now. It's the concept of turning some otherwise mundane task, such as sitting through a safety briefing, into a game. The theory is that we will be more engaged, pay better attention and do the task more willingly and effectively.

The notion of Bitcoin games turns the gamification model on its head. Instead of starting with an important task and making a game of it, …

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Choosing a Crypto Trading Strategy – CFDs or Coins?

Cryptocurrency trading comes in all shapes and sizes. There are hundreds of different coins and different industries to choose from.  This makes the market a lot more vibrant. But there are traders that are not satisfied with the already existing options and demand more.  Usually, these traders are reinforced by traders who migrated over from traditional financial markets such as stocks or Forex. Due to relatively different market infrastructure, many got off-put from trading cryptocurrencies …

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Crypto and eSports Were Made for Each Other

Cryptocurrencies and eSports share more in common than most people realize. In fact, most people see these two industries as something completely different. One tackles finance while the other focuses on video games, when in fact these two features are intertwined. Video games themselves, the ones you'd find on Steam that are primarily focused on single player experiences, can be ruled out, even if they come with multiplayer options. The whole essence of eSports is …

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Crypto Predictions That Didn’t Come True in 2019

The year 2018 was rough for cryptocurrency. Bitcoin rang in the new year with prices above $20k, then gradually crashed for the next 11 months. Throughout 2018, people made numerous predictions about cryptocurrencies that were to have come true by 2019. And while some crypto analysts have good track records, many predictions definitely did not hold true (at least thus far in 2019). In fact, for almost a year straight, crypto gamblers who shorted BTC …

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