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Choosing the Best Way to Calculate Cost Basis on Crypto

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process.For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment is important. Things can get confusing quickly.Miles Fuller is head of government

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A Look at When Bitcoin’s Price Crashed Below the Cost of Production – Mining Bitcoin News

Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However, bitcoin mining is still profitable, in contrast

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Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH – Mining Bitcoin News

Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin’s Hashrate Hits

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Interview With Aleph Zero On The MEV Problem That Could Cost Ethereum Users $1 Trillion In Losses

The Ethereum network remains to this day one of the most active and innovative blockchains in the crypto space. Onboarding thousands of users since its inception, Ethereum is the king of DeFi and some of the hottest trends in this industry with billions in total value locked (TVL). However, Ethereum is

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Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution – Technology Bitcoin News

The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended

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Bitcoin halts losses amid criticism ETF rejections have cost investors ‘12,700% gains’

Bitcoin (BTC) tapered losses on Nov. 13 as the market showed little interest in U.S. regulators refusing to allow a spot exchange-traded fund (ETF).BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewETF rejection causes few market headachesData from Cryptox Markets Pro and TradingView showed calm conditions for BTC/USD into the weekend, the pair

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