Search Results for "revenue drop"
IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors
The Internal Revenue Service (IRS) has requested help from independent consultants to crack down on non-compliance in cryptocurrency tax.
Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day
Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.
Chainlink, Uniswap, and Polkadot among the Altcoins that Have Held Up Well Despite Bitcoin’s Plunge
While Bitcoin has plunged by 15% on a seven-day period, dragging most of the cryptocurrency market along with it, some altcoins have survived the drop.
IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax
The Internal Revenue Service began sending warning letters out to cryptocurrency owners in the United States, announcing that taxpayers should be paying back taxes they owe or to file amended tax returns in regards to their cryptocurrency holdings.
Yearn.finance (YFI) Plunges Again Amid Sell-Off Pressure from Strong Drop in yVault Yields
Yearn.finance (YFI) has faced a steep correction lately and has been one of the worst performers in the top 100 cryptocurrencies.
Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin
MicroStrategy will host a $600M private offering and the revenue will be used to buy more Bitcoin.
Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030
Nigeria says that blockchain in the country could generate a revenue of between $6 and $10 billion in 10 years.
Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World
Governments around the world are seeking new sources of revenue, and value-added tax (VAT) is the key revenue driver and the largest contribution to governmental budgets. Each year billions of dollars are lost in tax revenue due to non-compliance, evasion, fraud, and non-collection.
Tesla's Biggest Drop Indicates a Stock Market Downtrend—Implications for the Bitcoin and Crypto Market
Yesterday, Tesla stocks plunged dramatically, suffering their biggest loss since going public.
Bitcoin Price Drop, An Aftermath of Janet Yellen Calling the Cryptocurrency "Extremely Inefficient"
The crypto market with Bitcoin in the lead is down following comments from Treasury Secretary, Janet Yellen that BTC is mainly used in crime and is inefficient.