Making Money in Bitcoin Markets? Don’t Forget About Crypto Taxes
It feels like 2017 all over again. The price of Bitcoin surged to reach an all-time high at the end of November. As a result, anyone who bought Bitcoin right at 2017’s peak moved out of the red and back into positive gains. Prices could go even higher. The Stock-to-Flow (S&F) forecast model is showing […]
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Argentinian Tax Authority, AFIP, has stated that they will be able to seize any assets owed by taxpayers in digital wallets if the tax debts are not settled. Last year, the organization recommended the law but did not execute it until early 2022 during the Covid-19 pandemic. Related Reading | Making Money in Bitcoin Markets? Don’t Forget About Crypto Taxes The organization now has a procedure for confiscating digital assets in these accounts. This addition will allow authorities access not only bank accounts and loans given out by third parties but also houses and cars owned by....
Liberal and leftist hypocrisy was exposed when millions took to the streets to protest Donald Trump's triumphant victory over Hillary Clinton in the recent U.S. elections. In response to the protest, Jeff Berwick, a Canadian Bitcoin enthusiast, entrepreneur, libertarian and anarcho activist, urged those who don’t want Trump as their president to quit paying taxes. Cointelegraph spoke to Jeff Berwick. Don’t Pay Taxes to Trump. Cointelegraph: You just started a movement on Facebook rallying Liberals to stop paying taxes to stop Trump. What’s your motivation? Jeff Berwick: It actually began....
If you’ve gone deep in the current crypto craze, you might need to prepare your heart once you do your crypto taxes. Crypto may have started out as a humble money gig, but with its total value at nearly $2 trillion, many are betting it’s “the future of money.” However, its growing popularity has come […]
Slovenia, though small, is one of the fastest-growing nations in Europe, especially in the business and economic contexts. After its successful economic succession from Yugoslavia, it was the first to join the European Union in 2004 and is the wealthiest Slavic nation, as measured by per capita GDP. Crypto adoption in Slovenia has rapidly grown over the years. The awareness of cryptocurrencies among its citizens is relatively high. The Proposed Crypto Tax Bill According to reports by local media, the Financial Administration of the Republic of Slovenia (FURS) has put forward a proposal to....
The Bitcoin price range has become significantly more subtle over the last several years as it has grown in popularity as a cryptocurrency. It is currently valued at $42,398.83 as of Sunday. On Saturday, the BTC/USD exchange rate increased by 7.07%. Bitcoin ended the day at $42 414, up 3.54% from Wednesday’s low. According to analysts, investors are in profit taking mode this week, rapidly eroding daily gains and capping the market at around the 45K level. Bitcoin fell to an intraday low of $43,917.4 Saturday morning before recovering. Late in the day, a new high of $48,598 was set,....