U.S. Investors Netted $4.1 Billion From Bitcoin Gains In 2020

A new report from Chainalysis found that U.S. investors realized $4.1 billion in bitcoin gains last year, by far the highest of any country.

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Small countries are punching above their weight in terms of Bitcoin gains

Chainalysis tracked total U.S. dollar gains made by Bitcoin investors in 2020. The country comparison was drawn from an analysis of web traffic on various cryptocurrency exchanges.

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El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs

El Salvador president Nayib Bukele said in a tweet last night that investors will pay no capital taxes on Bitcoin gains, a day after announcing the asset could soon be ‘legal tender’ in the country.

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Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains

Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office […]

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South Korea to Impose 20% Income Tax on Crypto Transactions

Beginning in the 2022 tax year, stock and bond investors will be taxed on capital gains that are over 50 million won, or $45,000. The post South Korea to Impose 20% Income Tax on Crypto Transactions appeared first on BeInCrypto.

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Crypto M&A Surges as Integration With Traditional Finance Systems Gains Momentum

As cryptocurrencies continue to be gradually integrated into the broader financial system, the critical first step of converting fiat currency into crypto offers a rare investment opportunity for investors looking for a way to get exposure to the success of cryptocurrencies without necessarily holding any coins.

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US Lawmaker Pushes for Safe Harbor Legislation to Protect Crypto Investors With Forked Coins

US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against taxpayers attempting to report certain gains or losses on ‘forked assets’ until the IRS issues sufficient guidance on how […]

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Survey: 1 in 4 American Investors Believe Dogecoin is the Future

The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U. S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name.

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Survey: South Korean Investors Welcome Controversial Crypto Tax Law

A new survey has revealed that a majority of South Korean investors support the proposed crypto tax law set to be unveiled next year. 53. 7% Support Crypto Gains Tax According to a recent survey sponsored by local television station YTN, many South Korean crypto investors support the government’s move to tax crypto gains.

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Money In Memes: Dogecoin And Funny NFTs Go Viral

Dogecoin has somehow become the face of crypto, popular among mainstream stock investors, celebrities, and even outspoken CEOs. As the industry mascot so to speak, it also has the gains to back up the FOMO surrounding the trending “meme” coin.

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DOGE out of control? Social media and whales sway Dogecoin price action

Dogecoin posting over 14,000% gains in a year could be a sign of the rise of retail investors in the crypto market, but will the price go up even further?

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The Two Signals That Say Dogecoin Holders Are In For “Much Ow”

Dogecoin is the hottest crypto of 2021, taking a major bite out of Bitcoin and Ethereum’s gains this year.  These astronomical numbers the altcoin has done this year has sucked in more and more investors.

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U.K's FCA issues policy statement requiring crypto-businesses to submit REP-CRIMs

Bitcoin and the rest of the crypto-market have noted a startling rise on the price charts over the past year, with the scale of its gains capturing the attention of public and institutional investors The post U.

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How Filecoin is up 50% in a week and could take more profits

After a week of significant gains, Filecoin (FIL) is shaping up to become one of the biggest earning cryptocurrencies of the month. Journalist Colin Wu has recorded increasing interest in the cryptocurrency and its file-sharing platform: Filecoin surpassed $100, benefiting a large number of Chinese miners and investors.

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VanEck’s Bitcoin ETF Application Gains Traction, Awaits Final SEC Verdict

The first American Bitcoin exchange-traded fund might hit the market this year. Investors are keeping their fingers crossed following a recent update from the US Securities and Exchange Commission in which VanEck’s ETF was acknowledged.

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Kyber Network (KNC) gains 40% as its 3.0 network launch approaches

Excitement for the upcoming release of Kyber 3.0 is helping to boost KNC price by 40% as new governance features and lower Ethereum fees excite investors.

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TradeSanta vs Cryptohopper vs 3Commas vs Quadency

In recent years, the cryptocurrency market has gone from a fairly unknown space that most investors wouldn’t touch with a 10-foot pole, to becoming one of the most lucrative and popular markets among younger and more tech-savvy investors, looking to create immense gains from the technology’s spontaneous price swings, often aiming for “the moon”.

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Can Ethereum afford to miss the train when it comes to NFTs?

Institutional investors have been flooding the Bitcoin market, with their price gains over the past year providing ample evidence of the same. In fact, according to many, it was this flood of institutThe post Can Ethereum afford to miss the train when it comes to NFTs? appeared first on AMBCrypto.

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U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors

United Kingdom crypto investors braced themselves for significant changes in the treatment of Capital Gains Tax (CGT). The post U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors appeared first on CryptoSlate.

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VeChain (VET) price gains 15% as bulls target new highs

VeChain (VET) price is trading about 15% higher today as buyers look eager to extend the bull run. Fundamental analysis: Investors could diversify portfolios through crypto allocation – JPMorgan The cryptocurrency market has been boosted by higher adoption and interest from institutional investors.

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Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

In the past month Near Protocol (NEAR) rallied 106% as the DeFi market captured the attention of new investors.

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Risk management in crypto: Aka 'the art of not losing all your money'

To attract and retain the interest of institutional traders, we need advanced risk management tools that can maximize gains for investors.

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Institutional Investors Dominate Grayscale’s 900% Annual Gains in 2020

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These DeFi Tokens Have Double-Digit Gains as Bitcoin’s Growth Tapers

DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.

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Get the Most Out of Your Bitcoin As Market Corrections Loom

After a year of strong gains in the BTC market investors, in many cases, may be left wondering what to do with those hard earned gains at the end of 2020. There are the conventional ways of doing things such as reinvesting your gains or simply HODLing that BTC for the next market bull runRead More

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What to Do With Your BTC After The Massive Gains of 2020

Bitcoin has been steadily rising for a large portion of 2020 and now that the year is coming to an end many investors in the cryptocurrency markets may be wondering what to do with the Bitcoin they are holding or HODLing! Diversify Your Tokenized Investments  If you’re one of the BTC HODLers out there who […]

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Bitcoin Tracks US Futures Into Positive Territory on Stimulus Hopes

Bitcoin flipped into positive territory ahead of the New York opening bell, tracking US stock futures’ gains as investors pinned hopes on Washington’s economic relief package. The benchmark cryptocurrency jumped 1.

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Bitcoin Gains Popularity Among The Rich As Bull Market Rages On

More wealthy mainstream investors are getting attracted to the cryptocurrency space. This is particularly true for the number one cryptocurrency, Bitcoin. At the moment, Bitcoin has gained 270% since March this year.

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XRP Price Dips By 10% Following Spark Airdrop While Bitcoin Surges Towards $19,000

It seems that XRP has experienced a classic case of ‘buy the rumors, sell the news’ event where investors jumped into the digital asset thanks to the Spark airdrop but quickly sold their gains after the event ended.

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Gold Price to ‘Suffer’ at Bitcoin’s Expense, Say JPMorgan Strategists

Increased interest in cryptocurrency funds appears to be coming at the expense of the precious metal. Investors Increasingly Choosing Bitcoin Over Gold Recent gains in crypto prices appear to be driven by diversification away from gold.

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XRP Gains Ground Against Bitcoin as Active Address Count Remains High

XRP has seen some wild price action over the past few days and weeks, with investors sending the previously embattled token rocketing by over 300% following its break above the long-held trading range between $0.

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First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K

This year's rapid price gains are unnerving some investors, but NYDIG's Greg Cipolaro argues that bitcoin's growing network could justify $52K in five years.

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Institutional demand for Bitcoin skyrockets while technicals point to a steep correction

Bitcoin surged to a new all-time high for the first time since mid-December 2017. While interest among institutional investors skyrockets, a particular technical indicator points to a steep decline before further gains.

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Can Bitcoin (BTC) price hit fresh record highs in December?

Bitcoin (BTC) price rose to the highest mark in nearly three years on Wednesday before correcting lower on Thanksgiving to erase previously weekly gains. Fundamental analysis: New record highs eyed Crypto investors witnessed a strong move higher in Bitcoin price thanks to being perceived as a safe-haven against inflation and driven by expectations of mainstream adoption.

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Bitcoin Options Market Suggests Investors Preparing for All-Time High

Options investors appear to be eyeing more gains for the top cryptocurrency, which is now just 2.8% below a record high.

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HODL Bitcoin (BTC) and Earn over 40% APR from this Cross-Chain Money Market

The recent Bitcoin rally has proven to be an opportunity for savvy investors. While there is an opportunity to HODL and enjoy capital gains, lucrative alternatives like the Hard Protocol are emerging.

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IRS Again Warns Crypto Investors They Under-Reported Gains

For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But there may false alarms again.

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Investors’ Unrealized Bitcoin Profits are Higher Than 2019 Peak; A Warning Sign?

Bitcoin has been on a tear throughout the past few weeks, with its price posting 2017-style gains as buyers take charge After reaching highs of $19,000, the cryptocurrency’s momentum began stalling and it entered yet another consolidation phase These bouts of sideways trading have been seen on multiple occasions throughout the recent uptrend.

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Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level

Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […]

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Institutional Investors ETPs Generate Crazy Gains as Bitcoin Bull Run Continues 

Bitcoin exchange-traded products (ETPs) floated by leading institutional investors such as Grayscale, which recently surpassed the $10 million AUM mark, Wisdom Tree, and others, have seen a massive increase in market capitalization and volume in the last 30 days thanks to the ongoing bitcoin (BTC) bull run, according to a CryptoCompare’s Digital Asset Management ReviewRead MoreRead More.

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Market Wrap: Bitcoin Hits $16.2K; Uniswap Crosses $3B Locked

Bitcoin’s price is making gains for the second day in a row as investors park more crypto in decentralized exchange Uniswap.

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Bitcoin gains may be wiped out soon, fact or fiction?

With bitcoin reporting 24% monthly gains in October so far, things seem to be going good for bitcoin investors. Lingering questions of an impending crash might be bubbling up to the surface since thisThe post Bitcoin gains may be wiped out soon, fact or fiction? appeared first on AMBCrypto.

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What Yearn Finance’s ‘Blue Kirby’ Incident Means for Pseudonymity

DeFi investors are reeling from another case of pseudonymous treachery as Yearn.Finance community leader Blue Kirby allegedly absconded with ill-gotten gains.

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Yearn finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend

Yearn.finance (YFI) price surged by 58% in the last few days as three key factors suggest investors expect further upside.

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$1 Bitcoin investment beats gold and stocks despite 2020 gains

2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets.

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iTrustCapital Gains Investors Trust as Alternative Crypto and Gold IRA Platform, Registers Strong Growth

As the post-pandemic financial markets stand on shaky ground, further worsened by the economic slowdown faced by almost all the nations has driven people to rethink their investment choices. As people look for more stable investments, non-traditional platforms like iTrustCapital have started to gain more attention.

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First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K

Cryptocurrencies' 2020 gains are the truth gauge as markets react to the Federal Reserve's inflation goal, where Zimbabwe is the model of success.

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Bitcoin Will Make Gains Above $100,000, Says PlanB

Coinspeaker Bitcoin Will Make Gains Above $100,000, Says PlanBPlanB stated that high net worth individuals, institutional investors and countries hedging against quantitative easing would be the funding source for Bitcoin.

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Analysts Flip Bullish on XRP as It Plunges to Key Support Level

XRP has been hit hard by the recent market-wide selloff, with the cryptocurrency’s price erasing the vast majority of the gains that it has been able to gain over the past several months. These gains were hard-fought by the cryptocurrency’s investors and came about in the form of a slow grind higher. The resistance found […]

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