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Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
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Bitcoin News Roundup for July 14, 2020

With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!

By Adam B. Levine, Lyllah Ledesma
AccessTimeIconJul 14, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:30 a.m. UTC
Markets Daily Front Page Adam Lyllah
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Bitstamp and Crypto.com.

Today's Bitcoin News:

Bitcoin Volatility Metrics Are Like November 2018 All Over Again

Bitcoin is locked in a low-volatility squeeze similar to one seen ahead of a 40% price crash in November 2018. This time may be different.

Even the IRS Admits Some Crypto Tax Regulations Are 'Not Ideal'

Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class.

Crypto and Taxes 2020: Wednesday is this year's deadline for Americans to file their tax returns, and cryptocurrency users' obligations are as confusing as ever. This series of articles explores the complex issues facing digital asset investors.Read more:IRS Violated 'Taxpayer Bill of Rights' With 2019 Crypto Letters: WatchdogCrypto Taxes: Still Confused After All These YearsHodlers Can Donate Crypto to Charity to Minimize Tax PaymentsView on Flipboard

Bank of England Considering a Central Bank Digital Currency, Governor Says

The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

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