2022-2-25 17:30 |
For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion. origin »
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Quick Take Utilizing data from Glassnode to estimate a market-wide cost basis reveals intriguing trends in the average price at which coins are withdrawn from exchanges. The information, segregated into cohorts, uncovers an upward trajectory on a cost basis, indicating a trend of purchasing Bitcoin at incrementally higher prices.
2024-3-24 22:13 | |
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The short-term and long-term bitcoin holder cost basis ratio is trending downward, signaling a shift in market conditions.
2022-2-21 06:30 | |
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In our previous on-chain market analysis, we mainly discussed that bitcoin needs to reclaim the $53k level, which is the cost basis for short-term holders. Not only did we fail to reach that crucial level, but we saw a further drawdown to $41k.
2022-1-9 16:01 | |
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The crypto market is still not out of the woods yet. There is no indication to turn bullish right now, as bitcoin is yet to reclaim the on-chain cost basis support at $53k. As a result, there is a lot of money sitting on the sidelines to enter the market.
2021-12-21 18:41 | |
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What the ratio of short-term bitcoin holders to long-term bitcoin holders can tell us about the market.
2021-12-18 05:00 | |
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Bitcoin's realized market capitalization, a measure of the average cost basis for all bitcoin on the network, has broken its all-time high and hit $400 billion.
2021-10-7 02:00 | |
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Taking a look at advanced bitcoin market metrics, like SOPR, long-term holder cost basis, spent volume and long-term holder MVRV.
2021-9-25 06:00 | |
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Robinhood is rolling out a new crypto feature that will allow users to automatically invest in supported cryptocurrencies on a daily, weekly, or monthly basis without a commission fee. Supported cryptocurrencies on the brokerage company include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), and Bitcoin SV (BSV).
2021-9-9 16:45 | |
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NODE40, a leader in cryptocurrency tax calculation, announced today its SMART algorithm (Simple Multi-Account Reconciliation Technology), designed to track and match the cost basis of cryptocurrency transactions is now patent...
2020-7-22 02:45 | |
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The world's largest cryptocurrency by market cap as well as price, Bitcoin was found to be undervalued. Over the last couple of months, Bitcoin underwent impressive rallies accompanied by some severe The post Bitcoin's cost basis metric signals 'macro bullishness' appeared first on AMBCrypto.
2020-6-18 12:30 | |
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The multi-year bear market Bitcoin has been caught within in the time following its decline from highs of nearly $20,000 has shown few signs of ending anytime soon, as BTC has struggled to gain any solid footing within the five-figure price region.
2020-6-17 04:00 | |
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XRP holders are doing really, really bad, according to Messari data
2020-6-17 22:45 | |
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The latest Coin Metrics report found that about 72 percent of all Bitcoin in circulation now has unrealized gains. The huge rise from December’s 50 percent shows that the vast majority of Bitcoin has an estimated cost basis of less than $12,000.
2020-1-23 23:00 | |
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Our civilization is now on the threshold of the fourth industrial revolution, which will be characterized by a combination of technologies that erases the boundaries between the physical, digital and biological spheres.
2019-11-29 12:14 | |
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Blox, a platform for crypto asset management, accounting and cost basis, announced today it has partnered in technical collaboration with crypto exchange IDEX to introduce the company and its users to Blox’s advanced crypto asset management platform and smart data technology.
2019-11-26 22:17 | |
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The U. S. Internal Revenue Service (IRS) has finally decided to publish its first guidance about how to pay crypto taxes in five years. After years and years of people asking the IRS how to pay their taxes, it seems that the entity decided to comply.
2019-10-10 22:09 | |
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Chicago based crypto exchange Seed CX has cut its trading fees. Edward Woodford, co-founder and CEO of Seed CX said: “With our aggressive fee schedule and low slippage books, we continue to be the leading venue globally for cost of execution in the digital asset space. Our one basis point rebate for making is designed […]
2019-9-21 18:49 | |
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The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.
2019-5-21 20:54 | |
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Coinspeaker IRS to Release In-Depth Crypto Tax Guidance ‘Soon’According to the IRS, they are now working on comprehensive crypto taxation guidance, which will in-depth explore 'acceptable methods for calculating cost basis, acceptable methods of cost basis assignment, and the tax treatment of forks'.
2019-5-21 11:36 | |
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Our Armacoin GZM coin is specially designed for advertising companies, as well as various media, as well as various greetings registered on the basis of blockchain. Each new message will not be overwritten by the previous one, but will be supplemented.
2019-5-15 08:03 | |
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Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.
2019-3-29 18:20 | |
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Your Bitcoin Cost Basis Won’t Matter In Five Years Since Bitcoin (BTC) began to fall just thirteen months ago, investors have done their best to time the bottom. Some have been taking the safe, smart.
2019-2-23 04:05 | |
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NodeSwap, a Singapore Staking as a Service company, today announced a strategic alliance with New York-based NODE40, bringing its secure Masternode hosting and cryptocurrency cost basis services to NodeSwap customers.
2019-2-13 02:47 | |
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No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […]
2018-12-14 00:17 | |
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The market for cryptocurrency tax services is growing rapidly, and it is providing forward-thinking tax professionals with an opportunity to capture oversized profits.
2018-11-15 16:58 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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CryptoNinjas Voyager Digital Holdings, a new and licensed commission-free crypto asset brokerage, today announced that it has teamed with Silver Cost Basis, a provider of business and technology solutions for the investment services industry,.
2018-10-16 18:44 | |
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Advertisers are looking to blockchain technology to subvert the marketing phenomena called “ad blindness. ” Ad blindness is a sort of natural defense against the constant bombardment of ads people are subjected to on a daily basis.
2018-8-14 12:00 | |
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Most bitcoiner owners aren't cypherpunks and don't require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives.
Investors receiving airdrops should be aware of the tax implications of their newly-earned tokens to avoid unwelcome surprises from the IRS.
The two agencies' differing opinions are impeding the development of comprehensive guidelines that would protect investors and ensure crypto's development.
Uncle Sam may collect tax on every loan and repayment of cryptocurrency which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry.
Casual collectors may be in for a rude awakening this year.
A sizable proportion of “advisor alpha” can be generated from effective investment-related tax planning strategies alone.
With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have your facts wrong, according to ZenLedger COO, Dan Hunnum. This piece is part of CoinDesk's Tax Week.
