Search Results for "profits"
Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits
Crypto analyst Lark Davis has noted that the present pullback is being caused by profit-taking tendencies initiated by Bitcoin whales.
Bitcoin Hodlers Experience Profits on Majority of Trading Days
Bitcoin's profitability challenges the narrative of depreciating volatility. 88.50% of Bitcoin's tradable days were profitable for hodlers, with just 11.56% being unprofitable. Understanding market cycles is crucial for investors, while some prefer daily trades. General Bytes shut down its cloud services due to a discovered security vulnerability.
GitHub Launches New Initiative to Support Nonprofit Organizations
GitHub introduces a new portal offering exclusive discounts and resources for nonprofits to enhance their technological capabilities and drive social impact.
Secret Fortunes Fueling Tether's Half-Trillion Dollar Empire
The world's largest stablecoin issuer sits atop a financial empire worth hundreds of billions, yet the identities and wealth stories of its key stakehol...
Revolut faces issues with 2021 annual report
UK-based fintech Revolut, known for its crypto-friendly services, experienced issues with its annual report for 2021, despite reporting its first-ever full year of profit. Independent auditors confirmed the report’s accuracy, but noted certain qualifications related to the report.
Bitcoin's Bull Run Above $50K Has Led to Profits for 99% of BTC Addresses
As Bitcoin soars to a new ATH price above $52,000, more addresses, namely 99% of them, has benefitted.
PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?
The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).
Institutional Bitcoin Buying Could Push Price to $45K, What Happens When They Start Taking Profits?
Bitcoin surged over 300% in 2020 on a wave of institutional buy in—but what happens when institutions decide to sell in 2021?
South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities
South Korea’s parliament has put forward a bill that could see crypto profits taxed by up to 20% as members argue that cryptocurrencies are commodities.
Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst
Daniel Ives, an analyst at Wedbush Securities, has disclosed that Tesla is smiling all the way to the bank after cashing in approximately $1 billion in profits from its Bitcoin investment.
Bitcoin Trading Guide- Important Steps for Beginners
Bitcoin adoption and popularity are growing by the day. And as the price of Bitcoin continues to make significant moves, traders can make more profits and faster. Bitcoin trading mechanics are straightforward.
Crypto, Tax, and the IRS: The Good, The Bad, and The Downright Ugly
The IRS wants a piece of your crypto, and the agency is sending letters to thousands of taxpayers who may have failed to declare profits from crypto deals. Question is, is the IRS entitled to what it's asking for?