The U.S. Internal Revenue Service (IRS) announced on Tuesday that, for tax purposes, Bitcoins will be treated as a property instead of a currency.
More bad news concerning cryptocurrency exchanges: Vircurex has announced it will freeze all current BTC, LTC, FTC and TRC balances. This means they are now effectively insolvent.
Cryptsy hasn’t been very popular in the Dogecoin community lately. After multiple failures, especially during high volatility, many have turned their back on the biggest Dogecoin exchange.
In volatile markets, advanced trading order types can be very useful in limiting potential losses. There are, however, some things to consider when using these.
It is common knowledge that cryptocurrency prices are very volatile, but what is the direct impact of high volatility for those trading cryptocurrencies?