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Bitcoin’s Recent Gains Have Been Small. What Will Drive Its Price Higher?

Moya noted gains in equity markets that also rose for a third consecutive day with the tech-focused Nasdaq, S&P 500, which has a heavy tech component, and Dow Jones Industrial Average all rising over a percentage point. But he also struck a cautionary note, writing that although the rally for risky assets was a boon …

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Senate Bill To Exempt Tax On Small Bitcoin Transactions – Bitcoin Magazine

The Virtual Currency Tax Fairness Act seeks to provide tax exemption for transactions up to $50 or trades which net a capital gain of less than $50. Senators Patrick Toomey and Krysten Sinema will introduce the bill today. A House bill was previously introduced with a threshold of up to $200 this past February under …

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