This morning the cryptocurrency market saw a significant headline that caused Dogecoins price action to drop The Indian Central Bank came out with firm rejection against adopting cryptocurrencies in the country There was an announcement from Indias Central Bank RBI calling cryptocurrencies a tool which will wreak havoc on our economy

Reports of Bitcoins death are as always exaggerated

Following the hack at Bitfinex many people stand to lose money as the company spreads losses among users A 36 haircut was announced but some users claimed even bigger losses American tax accountant Daniel Winters explains how the IRS could allow US taxpayers to deduct their losses from the Bitfinex hack

This morning the cryptocurrency market saw a significant headline that caused Dogecoins price action to drop The Indian Central Bank came out with firm rejection against adopting cryptocurrencies in the country There was an announcement from Indias Central Bank RBI calling cryptocurrencies a tool which will wreak havoc on our economy