TwoDogsCaged

TwoDogsCaged

Cryptocurrency is a fascinating idea, one that has many confused, scared and dismissive of the concept. However, it also is intriguing and likely a large part of the future.


New US crypto tax regulations proposed.

25 Aug 2023 1 minute read 0 comments TwoDogsCaged

News out today reports there was a joint tax proposal from the IRS and the United States Department of the Treasury regarding cryptocurrency and taxation. An article about it can be found here: https://bitcoinmagazine.com/markets/us-treasury-and-irs-...

A blow for Binance?

25 Aug 2023 1 minute read 0 comments TwoDogsCaged

Apparently, Mastercard ended the option for individuals in Latin America and the Middle East to have and use Binance branded credit cards.  Those cards had allowed users to buy using cryptocurrency. Here is an article detailing it:https://www.cnbc.co...

SEC approved to appeal Ripple decision.

22 Aug 2023 1 minute read 0 comments TwoDogsCaged

This is continuing my posts regarding the SEC and how they are going after cryptocurrency.  In an expected move by the SEC  they were approved to challenge the verdict regarding the ripple  case. Here is more information  on it: https://www.yahoo.com...

SBF bail revoked!

14 Aug 2023 1 minute read 4 comments TwoDogsCaged

I have chosen to write about the fall of SBF at times over the past year. The general take that I have had regarding SBF and FTX has been that cryptocurrency in general needs to weed out the fraudsters and criminals. Now, I know the SBF news broke at...

As expected: SEC appeals Ripple decision.

10 Aug 2023 1 minute read 0 comments TwoDogsCaged

My first thought about this was we knew it was coming. I mean, the SEC said as much right after the decision in the court was handed down. I suspect, Ripple would have appealed as well if it had "lost" the case. My second thought about this is a bit...

New program to oversee crypto in US banks.

9 Aug 2023 1 minute read 0 comments TwoDogsCaged

As I was reading about cryptocurrency today, I came across this article: https://www.coindesk.com/policy/2023/08/08/fed-starts-new-program-to-oversee-crypto-activity-in-us-banks/ Apparently, it is un updated policy/guideline from the federal governme...

Coinbase requests case dismissal.

5 Aug 2023 1 minute read 0 comments TwoDogsCaged

Earlier today Coinbase made a request from the judge overseeing their SEC legal battle. Apparently, Coinbase made a legal request to the judge that the SEC lawsuit against them being dismissed. Here is an article detailing it: https://www.reuters.com...

US Judge muddies crypto waters.

4 Aug 2023 1 minute read 0 comments TwoDogsCaged

I have written about the good news regarding cryptocurrencies apparent win when Ripple XRP was partially declared a commodity in court in mid July. At that time it was determined in court that when Ripple was old to the public it was considered a com...

Lessons I've learned in cryptocurrency. My first year

3 Aug 2023 2 minute read 0 comments TwoDogsCaged

I have been thinking about my year and a few months of experiences first learning about, and then investing in cryptocurrency. What a ride, some of it fun, and others times it has been frustrating.   Lesson one: No matter what, don't buy or sell when...

US inflation has smallest rise in 2-years!

28 Jul 2023 2 minute read 0 comments TwoDogsCaged

Well well well, the inflation process is starting to decline. This is really a positive marker in the grand scheme of things. Things are moving in the right direction. I remember my first post about inflation was back at the beginning of 2023 and tal...