Can the blockchain solve some of our most pressing challenges?

As we continue our trudge forward into the 21st century, one thing has become apparent: progress is relentless. Individuals, entities, and entire industries not capable of innovation are quickly usurped and replaced by those that are — changing the face of many industries.

Since Bitcoin hit the scene in 2009, blockchain has lit up headlines around the world — in part, due to its spectacular growth over the past decade, but also due to the enormous number of use-cases the technology seems poised to revolutionize.

Nowadays, practically every industry is experimenting with incorporating blockchain into its workflows — ranging from agriculture, fashion, logistics, and with all of the world’s top ten corporations now exploring its potential. …

To say trading cryptocurrencies may be profitable could be considered an understatement. With many cryptocurrencies experiencing several fold improvements year on year, cryptocurrencies have outperformed every other asset class in terms of ROI (return on investment).

This article was originally published at BeInCrypto.

However, picking and choosing the correct trading opportunities and cryptocurrency trading strategies can be difficult — particularly in the midst of the innumerable indicators that often conflict with each other and make technical analysis a sometimes confusing prospect.

Before you start trading cryptocurrency and getting into the world of overly-complex indicators and advanced technical analysis (TA), it is wise to first learn some of the more basic strategies. …

Any chain is only as strong as its weakest link — and when it comes to the blockchain, this link seems to lie with exchanges and trading platforms. These entities have been hacked at least six times and lost nearly $1 billion worth of cryptocurrency in the first nine months of the year, CipherTrace report shows.

This article was originally published at BeInCrypto.

The sudden popularity of Bitcoin and 1,600+ other digital coins caught an eye of hackers and cybercriminals in recent years, as they quickly realized that unregulated and often poorly-managed trading platforms for cryptos are an easy target.

In 2018, the crypto world lived through several high-profile crypto heists that cost cryptocurrency exchanges millions of dollars. …

It’s no secret that the crypto market saw a dramatic fallout throughout 2018. While this hasn’t been great for most Bitcoin and crypto traders, it pays to understand that these losses offset other types of capital gains. You can use them to save money on your tax bill. This article addresses how to handle your losses and save money on your bitcoin taxes, cryptocurrency taxes, and taxes on Bitcoin gains in the US.

[Editor’s Note: This is a guest article provided by David Kemmerer.]

As stated by the IRS, Bitcoin (BTC) and cryptocurrency should be treated as property for tax purposes. This means that you incur a capital gain when you sell/trade your crypto for more than you originallybi acquired it for and a capital loss for when you sell it for less. …

How to Start your Blockchain Career

Since its inception in early 2009, the blockchain and related cryptocurrency industries have witnessed extraordinary growth in awareness, promise and usage. The burgeoning field of blockchain technology has exploded into an economy predicted to reach $16 billion by 2024.

This article was originally published at BeInCrypto.