Blockfolio and TokenTax Join Forces to Make Taxes Easier

The deadline for filing 2019 taxes in the United States is quickly approaching. Even for those declaring traditional income, the process can be lengthy to say the least. One of the biggest challenges for crypto holders in the US and beyond is how to declare their crypto assets and not run afoul of the IRS. Tax Season for Cryptocurrency Holders Made Simpler  Blockfolio and Token Tax are trying to make this process easier for US residents. TokenTax is a platform for crypto investors which can analyze data from crypto transactions…

Ripple (XRP) Approaching Next Crucial Break: Here’s Why $0.35 Holds Key

Ripple surged higher and climbed above the $0.3200 resistance area against the US Dollar. However, XRP price is now facing a strong resistance near the $0.3400-$0.3500 area. Ripple price surged to a new 2020 high at $0.3399 before correcting lower against the US dollar. The price is now consolidating gains above the $0.3150 support area. There is a major contracting triangle forming with resistance near $0.3310 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either surge above $0.3400 or it might start a…

Ethereum Takes a Bit Hit But Uptrend Intact Above This Support

Ethereum jumped to a new 2020 high at $278 before correcting lower against the US Dollar. ETH is now consolidating and it is likely to continue higher above $275. Ethereum seems to be struggling to clear the $275 resistance area against the US Dollar. The price is currently consolidating gains above the $260 support area. There is a key contracting triangle forming with support near $259 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is currently correcting lower, but it remains supported above $10,000. Ethereum Price…

Sky-High Tesla Stock May Have Met Its Match in the Coronavirus

  Tesla stock dipped overnight after an annual SEC filing raised concerns about the impact of China’s coronavirus epidemic. This comes shortly after the announcement of a $2 billion stock offering early in the day to raise capital. TSLA bulls are now dealing with the possibility that Elon Musk’s aggressive growth strategy has left the company exposed to an unforeseen supply-chain crisis. After a breathtaking run, Tesla (NASDAQ: TSLA) stock has been the darling of Wall Street. Unfortunately for bulls hoping to see this trend continue, Elon Musk’s EV company…

Blockchain Use Gains Momentum in Oil Industry for Being Safer, Cheaper and Cleaner

Oil is central to the growth of the global economy and maintenance of political stability. But for an industry that plays such an important role in both shaping and maintaining the world around us, its business model is quickly becoming outdated. As the industry struggles to adapt to the demands of a rapidly changing and politically charged world, some of the largest oil companies are looking to modernize through blockchain.  Moreover, governments around the world are struggling to come to terms with the consequences of climate change, and the extraction…

Alyx Needs No Reign as VR Gaming’s ‘Killer App’

Half-Life: Alyx looks to be VR’s new killer app. However, the platform already had its fair share of solid releases. Half-Life will help bring people to VR, these killer apps will make them stay. The rise of virtual reality has been a long time coming. From the early experimental days of Sega VR and Nintendo’s Virtual Boy to the extreme immersion seen within the upcoming Half-Life: Alyx, it has never been a better time to get into the space. But, as good as Valve’s upcoming title looks (and it looks…

This My Hero Academia ‘Scandal’ Is Laughably Ridiculous

My Hero Academia creator Kōhei Horikoshi has been under fire for his choices in names recently. Even after changing the name, people seemed determined to find more controversy in the replacement. Not only was the original controversy overblown, but the subsequent controversies are just ridiculous. Recently there has been a massive amount of controversy surrounding My Hero Academia. The creator of the massively popular manga and anime series came under fire for his choice of names. A character known for experimenting on human beings had a name that sounded like…

Trump’s Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar

Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.  At her Senate confirmation hearing Thursday, Shelton said the U.S. needs fintech innovation to keep ahead of other countries.  “Yes, it is a dominant reserve currency but we can’t rest on our laurels in that regard,” Shelton said. “Rival nations are working very diligently to have an alternative to the dollar. I think it is very important that we get ahead of the curve…

MIT Wasn’t Only One Auditing Voatz – Homeland Security Did Too, With Fewer Concerns

The Department of Homeland Security (DHS) found a number of security vulnerabilities in Voatz’s tech infrastructure during a cybersecurity audit of the mobile voting app vendor’s Boston headquarters, according to a newly declassified report obtained by CoinDesk.  However, the DHS report, conducted by a Hunt and Incident Response Team with the department’s Cybersecurity and Infrastructure Security Agency (CISA) also determined Voatz had no active threats on its network during the week-long operation, conducted last September. It developed a series of recommendations to further boost Voatz’s security. Voatz has since addressed…

Outriders Reveal Proves Game Needs More Time in the Oven

Outriders is shaping up to be a disappointing live-services game. A gameplay reveal shows off a generic game with an outdated appearance. Gamers are voicing their dismay over the reveal online. Outriders finally has gameplay out and boy is it underwhelming. A live stream with developers People Can Fly shows off what appears to be another boring live-services looter shooter. Here’s the thing, there are already plenty of games that cover this genre. Destiny 2 and Anthem are the two that stick out the most, and neither of them has…