Cryptocurrency Analysis and News Portal
If you hold crypto that has appreciated in value for more than one year, you won't need to worry about paying capital gains taxes and you’ll reap the benefits of one of the most generous deductions in the tax code, Adam Nash writes. Original Source
Read More
Bitcoin (BTC) dropped to the $15,500 level, nearing a two-year low, amid a gloomy market climate following the FTX collapse. The largest cryptocurrency by market capitalization was trading as low as $15,591, close to the 52-week low of $15,554. Bitcoin had settled back to around $15,800 as of press time,
Read More
Positive price movement during bear markets are notoriously hard to come by due to the non-stop FUD of media and lackadaisical interest from crypto investors.One crypto that managed to flash green on June 12 is the Nervos Network (CKB), an open blockchain protocol designed for universally accessible decentralized applications (DApps).
Read More
The crypto market has been subjected to major sell-offs since assets began to crash across the board. September which has been a historically bloody month for the market has stayed true to nature as various cryptocurrencies suffered crashes that dragged the market down. Due to this, over $1 billion longs
Read More
Long-term Bitcoin hodlers appear not to be selling despite 2021’s all-time highs, while nervous newbies have been taking profits along the way.According to Unchained Capital’s “Hodlwaves” chart — which visually illustrates the time since BTC wallets were last active on-chain, 2021 has seen an increase in both long and short-term
Read More
India’s cryptocurrency investors were caught off-guard and left confused after news broke that the country’s Parliament will be considering a government-backed bill that would ban “private” cryptocurrencies. Given the ruling party controls both houses of Parliament, the bill’s chances of becoming law are good.The Cryptocurrency and Regulation of Official Digital
Read More
This week Bitcoin (BTC) price rallied to a new 3 year high at $18,965, leading investors to believe a new all-time high above $20,000 is on the cards. While these are exciting times, data does show that some professional investors feel antsy about the price at these levels and the absence
Read More
The Dow Jones dropped over 400 points Friday.U.S. stocks plummeted after earnings season crushed big tech.Nadex believes Dow bulls should be backing Donald Trump.The Dow Jones dropped again on Friday, as earnings crushed Apple and Boeing stock. Election jitters are on the rise, with some investors starting to question how
Read More
Bill Belichick should be nervous about facing Andy Reid and Patrick Mahomes in Week 4.The Kansas City Chiefs have mastered the unexpected on an explosive offense.Cam Newton won’t match Mahomes point-for-point the way Tom Brady did in 2018.Bill Belichick sounds nervous, and he should be. The six-time Super Bowl winner
Read More
JPMorgan thinks the U.S. stock market will see a different dynamic in the next six months.Strategists predict individual stocks will see less correlation, as fear of missing out (FOMO)-driven sentiment subsides.Struggling sectors with weaker fundamentals and financials like the airline industry are expected to see a steeper downtrend.JPMorgan thinks the
Read More