[ad_2][ad_1] XRP, the fourth largest digital asset by market value, was excluded from the 2020 cryptocurrency rally, marking the second consecutive year of underperformance against its biggest and most popular rivals, bitcoin and ether. The token fell 2% in 2020, while bitcoin rose 30% and ether, the native token of …
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[ad_2][ad_1] Unlike traditional financial markets, cryptocurrency exchanges are largely unregulated and virtually every Bitcoin (BTC) and cryptocurrency trader is familiar with various stories detailing the degree of manipulation of certain aspects of price action on the cryptocurrency market. Despite this, many traders believe there is little that can be done …
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[ad_2][ad_1] A loophole in U.S. tax legislation could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from the cryptocurrency platform Coin Tracker. Traders, defined by the US tax agency’s Internal Revenue Service (IRS) as persons who operate substantially, regularly and continuously, …
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[ad_2][ad_1] Although the best cryptocurrency exchanges offer charts, many don’t offer the analytical features that cryptocurrency traders need to make good trading decisions. To meet this need, CoinTracking partnered with two companies specializing in cryptocurrency analysis: IntoTheBlock and Cryptosheets. These new integrations provide an entirely new use case for the …
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[ad_2][ad_1] Binance Coin (BNB) deals at $ 26.69. The heavy fall in the price of the recovery. Binance Coin (BNB) price is currently disappointing for many traders. The coin started the downtrend a week ago, and it has still not recovered. The price chart is dipped in red color. Also, …
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[ad_2][ad_1] The Romanian tax authority has amended the country's tax laws to force cryptocurrency traders to pay a ten percent income tax if they generate more than 600 Rumanians annually from their commercial operations, according to a local newspaper, Ziarul Financiar, on January 22, 2019. Romanian hodlers are now required …
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[ad_2][ad_1] © Reuters. Investing.com – Bitcoin and other major digital coin prices slid Thursday in Asia after trading slightly higher on the day after news that Belarus is allowing traders to use cryptocurrencies to buy real assets, including actions and gold. slipped 0.06% to $ 3,591.5 for 1:25 AM ET …
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[ad_2][ad_1] BitPay, a bitcoin payment service provider, has announced that its merchants will now be able to receive a multi-cryptocurrency agreement. As per official report, the company has added support for Bitcoin Cash and three stablecoins, which include PAX, USDC and GUSD. BitPay traders can now receive multi-cryptocurrency settlements The …
Read More »[ad_1]<div _ngcontent-c14 = "" innerhtml = " Shutterstock: CryptocurrencyShutterstock If you have multiple cryptocurrency transactions (coins), consider a commercial accounting solution dedicated to coin transactions. The program should calculate taxable income and losses based on the IRS rules for currency transactions. It should generate capital gains and losses reports to …
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[ad_2][ad_1] Whether it's short or long position trading, cryptocurrency investment is a highly absorbing field for new and existing buyers alike. BTC this year, the generation of Millennials that have grown up around cryptocurrency they are at risk of becoming a gateway drug, leading them into other areas of stock …
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