Nov
13
Despite the seemingly slow pace of regulations being made in response to what can be confidently described as a financial revolution, almost a quarter of the world has intact began working on policies relating to cryptocurrencies. Inevitably, taxation is a leading influence on policies in many of said regions. A growing number of countries require taxation on cryptocurrencies in relation to both capital gains and income. Read More
Nov
7
Cryptocurrency exchanges are websites where you can buy, sell and trade cryptocurrency for any other digital currency or traditional currency such as US dollars and Euro. You may need to use an exchange to verify your ID or open an account if you want to trade professionally and have access to sophisticated trading tools. Read More
Nov
5
ChainLink
In just a month, Chainlink(LINK) rose in value by 270% with its market cap touching the almighty $1 billion. It has shot past big names in the crypto-space including NEO, IOTA, and Ethereum Classic. The rise to the top represents a far cry from the beginning of the year. Its former price of $0.30 showed little indication of significant gains. Now, at $3.50, many wonder if it could rise further or dump. Read More
Nov
1
Bitcoin may not be an ideal investment for retirement because of its volatile price fluctuations. Nevertheless, a growing number of financial services companies now offer the option to invest through self-directed IRA accounts in the cryptocurrency. Bitcoin IRA, one of the early providers in this area, claimed in an interview earlier this year that it had signed up for its service to 4,500 people. Read More
Oct
28
While the cryptocurrency markets recently picked up, downward pressure can still be felt, with losses being experienced by many. Filing taxes adds to the heat of the markets. Many investors in cryptocurrencies will have to claim capital losses to reduce their tax bill. Read More