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Czech Republic to Eliminate Taxes on Long-Term Crypto Gains
6.2.2025
The country's central bank is also looking at whether or not to add bitcoin to its reserves
India Imposes 70% Tax Penalty on Unreported Crypto Gains
3.2.2025
The Indian government is classifying cryptocurrencies under the Section 158B of the Income Tax Act. With this move,…
No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat
29.1.2025
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025...
From Crypto Gains to Timeless Treasures: Bitcoiners Embrace Luxury Watches
4.1.2025
Just recently, a new wave has emerged—a slew of bitcoiners are channeling their digital wealth into luxury timepieces, with brands like Rolex taking center stage. Rolex, Audemars Piguet, and Piaget: Bitcoin Buyers Splurge on Iconic Timepieces As bitcoin (BTC) cruises just shy of the $100,000...
Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale
13.12.2024
A Texas Bitcoin investor faces prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent
Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale
13.12.2024
A Texas Bitcoin investor faces two years in prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent
Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk
26.11.2024
The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate.The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans,...
South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
20.11.2024
South Korea’s Democratic Party argued that increasing the threshold to 50 million won ($36,000) would mean only big players would be affected.
Denmark Tax Council recommends bill to tax unrealized crypto gains
24.10.2024
Denmark’s Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026
Denmark Tax Council recommends bill to tax unrealized crypto gains
24.10.2024
Denmark’s Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026
Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains
14.10.2024
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts...
This Week’s Crypto Gainers and Losers: Meme Tokens Outshine Bitcoin and Ethereum
14.10.2024
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight...
Trump and Politifi Tokens Surge — Which Coins Are Soaring the Most?
11.10.2024
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains....
Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains
15.9.2024
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions...
Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking
17.8.2024
After Michael Saylor, Microstrategy’s executive chairman, disclosed that the company now holds 226,500 BTC valued at $13.4 billion, it turns out the firm’s bitcoin (BTC) holdings have gained 61% profit. Interestingly, while blockchaincenter.net’s ‘There Is No Second...
SUI and ZETA Lead the Week’s Crypto Gains, Monero Dips Slightly
12.8.2024
Despite the recent dip in the crypto market, several digital currencies have experienced solid growth over the past week. Leading the pack, SUI saw a 95.6% increase against the U.S. dollar, with ZETA following closely, jumping 71.9% this week. Crypto’s Top Weekly Performers As of 12 p.m....
2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%
11.8.2024
It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period. Crypto’s Year-to-Date Gainers...
Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined
9.8.2024
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform
South Korea’s ruling party proposes to delay crypto tax to 2028
15.7.2024
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule
South Korea’s ruling party proposes to delay crypto tax to 2028
15.7.2024
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule