Author: John Smith
It is officially tax season in many countries throughout the world—the United States included. This means that millions of people are taking the time to get their documents and investments for tax reporting, including their cryptocurrency. In this guide, we walk through five commonly asked questions about cryptocurrency tax to help you gain a better understanding of crypto-assets taxation. Note: This guide breaks down specific cryptocurrency tax implications within the U.S., but similar issues arise in many other countries. 1. How are cryptocurrencies taxed? According to the Internal Revenue Service, cryptocurrencies such as Bitcoin are treated as property for tax purposes, not…
There is a lot of hype in the crypto market about automated cryptocurrency trading bots. For people asking, “What is a Crypto Trading Bot?” Well, a bot is a software program that performs a specified set of tasks within some defined rules, and so, a crypto trading bot is a software program that conducts trading within the rules defined by traders. Moreover, since it’s a software program, it runs automatically after the initial setup. Check out these 16 Best Paid and FREE Crypto Trading Bots. Why do we need Crypto trading bots? The answer is pretty simple; crypto bots overcome…
Spot Bitcoin exchange-traded funds in the United States continued to experience outflows on Dec. 30, with Bitcoin remaining below $93,000. According to data by SoSoValue, the 12 spot Bitcoin ETFs recorded $426.13 million in outflows on Dec. 30 extending their outflow streak to two consecutive days that saw $723.8 million leave the funds. Fidelity’s FBTC saw the highest outflows of the day with $154.64 million withdrawn from the fund while Grayscale’s GBTC followed with an outflow of $134.5 million. Additional outflows were seen from BlackRock’s IBIT, Grayscale Bitcoin Mini Trust, Bitwise’s BITB and ARK 21Shares’s ARKB saw $36.52 million, $31.73…
One of the biggest challenges for businesses today is to create engaging and relevant content for their customers. Content creation can be time-consuming, expensive, and prone to errors. How can businesses overcome this challenge and generate high-quality content at scale? The answer is Einstein GPT, a generative AI platform that can create various content types, such as emails, letters, presentations, and social media posts. Einstein GPT can generate personalized product recommendations, customer support tickets, and marketing campaigns. In this article, we will explain what Einstein GPT is, how it works, and how it can help businesses to improve the customer…
Key takeaways: The proposal to restore governance control to Tornado Cash token holders has garnered an impressive 517,000 votes in favor, with no votes against it. This remarkable outcome suggests a pivotal milestone in the recovery of Tornado Cash, as token holders actively regain control over governance. The decentralized privacy protocol Tornado Cash is poised to regain its governance control after a token vote that garnered strong community support. With overwhelming backing for the proposal, this marks a significant milestone in restoring the protocol’s governance functionality. This step forward gives the community back control over the protocol, allowing it to…
Bonk Bot has carved its niche in the crypto trading ecosystem, especially for traders focused on memecoins and sniper trading. Its key features include High-Speed Token Sniping: Optimized for catching early opportunities in token launches. Multi-DEX Compatibility: Operates seamlessly on Uniswap, PancakeSwap, and other major decentralized exchanges. Automated Alerts: Customizable notifications for buy/sell triggers and price movements. Security Features: Provides encrypted APIs and anonymous trading to ensure user safety. Despite its prowess, there are other noteworthy alternatives that offer unique features, fees, and security protocols. Here’s a list of the top 7 alternatives to Bonk Bot. For on-demand analysis of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Yeti Ouro, a new Dogecoin rival, attracts investors to its presale with its unique ecosystem. Dogecoin is the original meme coin and leader. But now, another challenger is emerging. The unique mix of utility and community-driven growth makes Yeti Ouro (YETIO) stand out from the crowd. The project’s ambitious vision and robust ecosystem have attracted investors to its presale. Yeti Ouro: The new meme coin that can do it all Yeti Ouro is different from most meme coins, its…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Yeti Ouro emerges as a standout in the crypto space, blending gaming utility with deflationary mechanics, as Dogecoin and Shiba Inu regain market attention. Dogecoin (DOGE) and Shiba Inu (SHIB) are back in the spotlight. Dogecoin rallies while Shiba Inu reactor whales exodus sparks interest. But the most interesting find is Yeti Ouro (YETIO), the new altcoin transforming the gaming world. Its unique model and successful presale are gaining a lot of buzz. Crypto investors are keeping a close…
The infamous hacker group, under the guise of “Blockchain Bandit,” made a grand comeback with a sensation of merging 51,000 Ether into a single wallet, which totaled $172.2 million, almost two years after going into stealth mode. Funds transfer occurred between 8:54 pm and 9:18 pm UTC on Dec. 30 from 10 inactive wallet addresses into a multi-signature wallet labeled as “0xC45…1D542.” Each transaction accounted for 5,000 ETH. Among them, the ones that had been on Jan. 21, 2023, all were the ones that the blockchain bandit transferred 470 Bitcoin (BTC) along with Ethereum (ETH). Diagram detailing the consolidation of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rollblock emerges at the intersection of DeFi and iGaming, with analysts projecting significant growth during its presale and beyond. 2024 has been a huge year for both the DeFi and iGaming spaces. With the market expanding as 2025 approaches, investors are wondering where to focus their efforts. While Ripple (XRP), Cardano (ADA), and Sui (SUI) have been strong investments historically, an exciting new project has been tipped to outperform them all: Rollblock (RBLK). This project has emerged from the…