Tag: bitcoin

Bitcoin, Market Analysis

Bitcoin Price Fell 11% in 24 Hours: What Triggered the Drop and What Lies Ahead?

Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is […]

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The Role of Bitcoin in Crime: Tax Evasion

Highlighting the role of cryptocurrency in the crime world is not exactly difficult. There have been so many allegations regarding the involvement of digital currencies where criminal activity is concerned. Tax evasion is of particular concern to government officials. The bigger question is whether people are doing this intentionally or […]