IRS Confirms It Trained Staff to Find Crypto Wallets

The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s according to a slide deck presentation from an IRS cyber training session, which details a number of ways the agency’s criminal investigators might find potential crypto tax cheats. “Issuance of a Grand Jury Subpoena should be considered for Apple, Google, and Microsoft for the Subject’s complete application download history,” says the slide deck prepared by James Daniels, the program manager for cyber crimes at the…

Ethereum Price (ETH) Remains Sell Despite Recent Bitcoin Recovery

ETH price traded as low as $212 and recently corrected higher against the US Dollar. The price traded above the $220 and $225 resistance levels, but it is still trading in a bearish zone. There is an ascending channel forming with resistance near $240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its slide if it struggles to clear the $240 resistance area in the near term. Ethereum price is slowly recovering versus the US Dollar, along with bitcoin. ETH price is likely to…

Bitcoin Tumbles while Gold Steady as China Data Shows Growth |

The bitcoin price on Monday slipped below the $10,000 level as benchmark China data eased concerns about gloomy monetary outlook. The spot bitcoin rate was down 3.2 percent at $9,857.27 as of 02:15 UTC. The losses came as a part of a more significant downside action that began soon after the US President Donald Trump criticized bitcoin on Thursday. The rate since had dropped by as much as 25.34 percent on San Francisco-based Coinbase exchange. Bitcoin Price Down by 4.02% in the Last 24 Hours | Image Credits: TradingView.com In…

The Bitcoin Price Surged Because Mnuchin Made This Crucial Remark

The bitcoin price surged to an intraday high on Monday after US Treasury Secretary Steven Mnuchin made a crucial comment during his surprise press conference on cryptocurrency regulation. Bitcoin Price Shoots to Daily High During Mnuchin Press Conference The flagship cryptocurrency, which traded down after Mnuchin referred to it as a “national security issue,” suddenly shot higher midway through a question-and-answer session when a reporter asked him what he believed was driving its mammoth price increase. The bitcoin price exploded higher midway through US Treasury Secretary Steven Mnuchin’s press conference.…

John McAfee Reiterates His $1 Million by 2020 BTC Price Prediction

In a rather haughty Tweet posted earlier today, American crypto enthusiast John McAfee wrote that he was “laughing his f—— ass off” at the concern over Bitcoin’s falling price this week. The entrepreneur went even further and reiterated his prediction that Bitcoin would reach $1 million by 2020. What has him so bullish? John McAfee Predicts Bitcoin $1 Million by 2020 Bitcoin price has fluctuated wildly in recent weeks. Unable to breach the $14,000 mark, Bitcoin topped out at approximately $13,650 and fell back below $10,000 at the end of…

Tether (USDT) Accidentally Creates $5 Billion in Crypto

Stable coins, which are backed by fiat currency, have become an integral part of the crypto ecosystem over the past couple of years, and in that regard, Tether (USDT) is possibly the most well known. However, the very fact that it is backed by fiat makes it possible for it to be prone to certain errors, and that is exactly what happened yesterday when the team behind USDT made a mistake that had an effect on the wider crypto market for some time. Administrative Error In an astonishing development, the…

TRX Down 29.1% Even With The Launch of TronClass

Tron (TRX) slides 29.1 percent week-to-date The launch of TronClass will aid in Tron’s global reach and general awareness For their global outreach, the launch of TronClass is beneficial for the cryptocurrency and blockchain space as a whole. Even so, that is not enough to tame sellers pushing TRX to the edge. At press time, TX is down 29.1 percent from last week’s close. Tron Price Analysis Fundamentals That Tron has been grabbing headlines in recent days is true. From accusations of shilling and rumors of a police raid, the…

Bitcoin Cliff Hanger, BTC Slides 10.2% In A Early Stage Of A Correction

Bitcoin (BTC) is down 10.2 percent BTC may be a store of value, but President Trump’s skepticism could bog down progress President Trump’s highlighting Bitcoin is bullish and hints of how disruptive the coin has been for the status quo. Leveling out the field and fronting end users, Bitcoin is huge for the libertarians. However, down 10.2 percent in the last week, BTC could register more losses in days ahead. Bitcoin Price Analysis Fundamentals Presently, Bitcoin is at a brink. By printing massive losses over the weekend, there is a…