How to determine crypto cost basis for accurate tax filings
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.
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In addition to environmental metrics, the U.S. now accounts for 49% of the world's Bitcoin cash rate. 1288 Total views 57 Total shares In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or…
Bitcoin price turns to test lower support levels as $50K stays out of reach
It's a frustratingly sideways market for Bitcoin bulls as August ends and September, which is typically a boring month for BTC price, looms. 892 Total views 9 Total shares Bitcoin (BTC) continued to range below $50,000 on the last day of August as analysts demanded higher levels in order to continue the bull run.BTC/USD 1-hour…
Bitcoin Price Fear & Greed Index Turns Blood Red Under 8K — Time to Buy?
Bitcoin (BTC) price dropped out of the descending triangle, causing a level of extreme fear to spread throughout the entire crypto market. Bitcoin price remains bearish since the top at $13,800, as the price has been trending downwards in a channel. However, is the price of Bitcoin bearish overall or only short term? Crypto market sentiment registers…
8 ways crypto exchanges can help address liquidity concerns
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Peter Thiel's Founders Fund invests $70M in election betting platform
Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket secures funding to expand its global operations despite restrictions.
Neema CEO: Marshall Islands Digital Currency Needs Work to Satisfy US Regulatory Concerns
The Marshall Islands’ government upcoming digital currency, which will be launched in partnership with Israeli startup Neema, still needs work in order to placate United States financial regulators. English-language Israeli media The Times of Israel reported on the currency’s progress on March 9.While the release of the coin, dubbed the Sovereign (SOV), is scheduled for…
Court ruling dismantles would-be Bitcoin creator Craig Wright’s false claims
Following a protracted legal battle, a U.K. court has methodically broken down Craig Wright’s mountain of fabricated evidence and assertions regarding his true identity.
Maze Ransomware Group Hacks Two Plastic Surgeons
Ransomware leaks social security numbers and other sensitive information from plastic surgery studios. A cybercrime group recently infected two plastic surgery studios with ransomware. They subsequently leaked patient’s social security numbers and other sensitive information onto the internet.Emsisoft threat analyst, Brett Callow, told Cointelegraph on May 5 that Maze recently took credit for hacking a…