Major Online Swiss Bank Integrates Bitcoin Custody, Boost in Institutionalization

Buckle up, the institutionalization of bitcoin and crypto, in general, has begun. Swissquote, a $618 million worth online banking group, announced Friday that it is partnering with Zug-based Crypto Storage to enable cryptocurrency custodial services on its platform. The Gland-based said that institutional investors on its platform would be able to transfer cryptocurrencies from their external …

4 Crypto Tax Tricks from Deloitte That Will Maximize Your Tax Return

CCN spoke to Deloitte tax partner Jim Calvin about the problems and strategies associated with cryptocurrency for his clients, particularly when it comes time for them to submit their annual tax returns. Deloitte Tax Partner Spends More Than Half His Time Working on Crypto Deloitte tax pro Jim Calvin has been involved in crypto since …

Report Suggests Ethereum May Outperform Bitcoin In Next Bull Market

A new report from research firm Delphi Digital takes an in-depth look at Ethereum. One observation is the ether coin’s potential to outperform Bitcoin if the next bull run happens soon.  Better Beta This is based on ether’s higher volatility compared to Bitcoin and the tendency for all cryptocurrencies to move in unison. The beta …

No, Bitcoin (BTC) is Not a Quick Rich Scheme, Price Approaching $4,000

Bitcoin prices up 1.6 percent FCA Research paints crypto-asset owners as greedy Transaction volumes low, drive above $4,500 must be high-volume. The UK’s FCA research concludes that Bitcoin (BTC) and crypto-asset investors are here for the money. Meanwhile, prices are stagnant, and as accumulation continues, the next feasible target will be $4,500. Bitcoin Price Analysis …

Starbucks Will Laugh if You Still Use Cash in 3 Years: Bitcoin Bull Draper

Bitcoin bull Tim Draper has predicted that by 2022, coffee lovers will be routinely buying their fix at Starbucks using bitcoin and other crypto assets. Draper: Bitcoin Will Dominate Starbucks Transactions In a podcast interview with NBC Bay Area, Draper said that the cryptocurrency is on the verge of making the US dollar redundant: “I …

Tippin.me Takes Off at Lightning Speed With More Than 14,000 New Users

As the new Lightning network (LN) protocol continues to take the Crypto-Twitterverse by storm, it’s taking at least one new app with it, as the tipping and micropayment app Tippin.me catches on like wildfire. Founder Sergio Abril told Bitcoin Magazine he is “overwhelmed” by the interest and support he is receiving from around the world. …

Bitcoin for Starbucks Coffee Poses Significant Tax Filing Issues

Using Bitcoin to pay for coffee at Starbucks might come with some difficult implications as far tax filings are concerned.  Increased Bitcoin Tax Filing Palaver As reported by Bitcoinist, part of the Bakkt launch will see the adoption of Bitcoin payment for coffee at Starbucks. Reports indicate that Starbucks had received a significant stake in …

Is Largely Unbanked Africa Primed for Bitcoin Adoption?

For many of the unconverted in the so-called developed world, Bitcoin is seen as something for speculators at best and criminals at worst. However, as the highly respected Bitcoin evangelist Andreas Antonopoulos argues, one of the most revolutionary adoption cases for Bitcoin won’t be in the United States, UK, or Australia. In these countries and …