Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600

Post Views: 244 Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through a third-party payment network. …

EverRise Releases EverRevoke, Platform for Revoking Token and NFT Approvals

Post Views: 235 This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection…

Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority

Post Views: 216 A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” In addition, “nearly three-quarters of those surveyed reported plans to accept either cryptocurrency or stablecoin payments within the next 24 months.” More than 85% of…

US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report

Post Views: 208 The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” source

Mad Money’s Jim Cramer Offers Advice on Cryptocurrency Investing

Post Views: 264 The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying crypto,” he said, adding that he himself owns ethereum. Jim Cramer, the host of Mad Money, gave some advice regarding cryptocurrency investing on CNBC Make It Wednesday. Cramer is a former…

Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

Post Views: 217 Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the…

Bitcoin, Ethereum Technical Analysis: ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report

Post Views: 236 BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin was attempting to stay above $30,000 on Thursday, as traders began to anticipate the latest U.S….

Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions

Post Views: 227 U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks of inflation. A U.S. senator from Wyoming questioned the Treasury secretary’s…