Author Archives: Darren Marchal

Top Tier Tips and Tricks on Tax Preparation

The tax filing season starts with the annual meeting with a Certified Public Accountant (CPA) for the tax return for many people. While some business owners have already set up a tax preparation company to fill out their returns, many others prefer to do their tax preparation. Therefore, before you start working on your tax…

Explainer: ‘Death cross’ chart formation adds more wo

(Reuters) – For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A “death cross.” The formation could signal further losses ahead. Here are some details about what this is: What is a death cross? Technical analysts use the term “death cross” to describe when a short-term average…

Chinese banks promise to step up cryptocurrency ban

China’s biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban. Regulators appear to worry that despite the 2013 ban on Chinese banks and other institutions handling cryptocurrencies, the state-run financial system might be indirectly…

China orders Alipay, banks not to assist cryptocurrency trading

China summoned officials from its biggest banks to a meeting to reiterate a ban on cryptocurrency services. Representatives from Industrial and Commercial Bank of China, Agricultural Bank of China and payment service provider Alipay were reminded of rules that prohibit Chinese banks from engaging in crypto-related transactions, according to a statement from the central bank…