Bitcoin hit an all-time high on Saturday, Nov. 11, when it reached a price of $100. The digital currency has seen a meteoric rise in price this year, with its value increasing by more than 1,000%. Bitcoin was worth just $970 on Jan. 1, 2017, but has since shot up in value as investors have […]
How Hold Crypto Assets
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
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How To Figure Out Crypto Taxes
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
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Which Crypto Will Explode Next
There are a number of cryptos that could potentially explode next. Here are a few of the most likely candidates: Bitcoin Bitcoin is the most well-known and established crypto, and is likely to continue to be a major player in the market. Despite its current volatility, Bitcoin is still the most widely accepted crypto and […]
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What Are Crypto Taxes
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
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How To Calculate My Bitcoin Profit
Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: […]
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What Are Crypto Nfts
Cryptocurrencies are a type of digital currency that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and […]
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How To Get Fiat From Crypto
In order to get fiat from crypto, there are a few things you need to do. First, you need to find a reputable exchange that will allow you to exchange your cryptocurrency for fiat currency. Second, you need to make sure that you have a verified account with the exchange. And third, you need to […]
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How Much Does Crypto Get Taxed
Cryptocurrencies are becoming more and more popular as time goes on. Many people are curious as to how these digital assets are taxed. The process of taxation can be confusing, so let’s break it down. Cryptocurrencies are considered property for tax purposes. This means that when you sell or trade them, you will have to […]
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How Are Crypto Profits Taxed
Cryptocurrencies are a new and exciting investment option, but when it comes to taxes, there are a lot of unanswered questions. How are crypto profits taxed? How do you report them to the IRS? At the moment, there is no clear guidance from the IRS on how to report crypto profits, but there are a […]
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