XCOINS

There may be far more different cryptocurrencies available to today's consumers than those of even a few years past, but that doesn't mean that bitcoin has lost its edge. In fact, it remains the world's favorite form of crypto despite all of this alternative currency's recent competitors' efforts.  Although the use of bitcoin as both an investment tool and a means of making real-world financial transactions has actually become quite commonplace, some consumers are still hesitant. Readers who haven't yet given bitcoin investing a shot for themselves are often abstaining due to anxiety over the unknown...

The most important thing for crypto investors to realize is that while Bitcoin is considered by its proponents to be the first form of decentralized currency, the IRS treats it as property, not as currency. As a result, bitcoin transactions may be subject to capital gains tax. Put simply, the IRS believes...

Bitcoin may have developed its reputation for getting the ball rolling when it comes to crypto, but that doesn’t mean its day is done. In fact, Bitcoin is fully expected to play an important role in the coming year’s crypto trends. In fact, one A. T. Kearney report indicates that Bitcoin is expected to corner two-thirds of the market by the end of 2019. It’s undeniable that the 2018 crash turned some avid investors away from cryptocurrencies, in general. That shouldn’t lead potential new investors to believe that Bitcoin is down for the count, though. A little bit of research into current and anticipated market trends shows that the crypto landscape is constantly changing...

Bitcoin was the first digital currency, introduced in 2008 by an unknown author who used the pseudonym Satoshi Nakamoto. Also known as a cryptocurrency, Bitcoin is a peer-to-peer system of exchange that relies on computers, rather than banks, to verify users’ transactions. The technology behind the system is known as the blockchain, which is a continuously up-dated database that exists simultaneously on multiple computers. While many other cryptocurrencies have followed in its footsteps, Bitcoin is still the leader of the pack, accepted by the largest number of merchants around the world. If you’re...