With US Tax Season Around the Corner, Here’s How to Report Crypto Activity to...
The key to properly filing taxes on cryptocurrency comes down to excellent record-keeping, the correct IRS tax forms, and knowledge about what qualifies as income versus capital gains. Handle Tax Filings With Care to Avoid Any Audits Although the traditional April 15th deadline for filing US taxes has been pushed to May 17th, there is no time like the present for organizing cryptocurrency transaction records. At this point, all cryptocurrency transactions are taxable in some constellation, so it’s vital to familiarize yourself with the nuances to ensure you fill in the accompanying....
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Both crypto and sports basically never sleep. If one sport is out of season, there’s bound to be another in-season. When the stock market is closed, there’s always a crypto chart that’s moving. We’re back with another weekly review of sports and crypto activity, with this week’s “Sports Slice.” Lionel Messi dominated the sports headlines […]
Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an "alt season" just yet. Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an "altcoin season." A quick view of Crypto Twitter shows the schism between traders who are certain we are halfway through alt season and those who believe it has yet to begin.Typically, traders rely on a wide swath of indicators and metrics, like Bitcoin’s total market capitalization versus the total altcoin market....
A seemingly bear market has brought a slower news week in sports and crypto crossover, but there is still activity to cover each and every weekend – and this weekend is certainly no exception. The host of activity came by way of this past week’s Formula 1 Grand Prix Miami, and as interest in crypto […]
A little bit of sports and crypto activity across quite a few major league sports this week, from teams to centralized NFT platforms and sports league activity, too. Every Sunday, we cover the past seven days of sports and crypto headlines that should be on your radar if your a sports fan looking at emerging […]
In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro. Investors who knew when to swap Bitcoin (BTC) and altcoins could have boosted their gains significantly in 2020, according to new research from eToro, the popular social trading platform. The challenge, of course, is pinpointing when the coveted alt season begins. In its latest quarterly report, eToro breaks down various cryptocurrency investment themes related to the 2020 bull market. It also devotes an entire section to alt season – the part of the....