The Best Ways To Lower Your Crypto Taxes in 2020
One of the most powerful yet underutilized ways to reduce your crypto taxes is tax-loss harvesting.
Tag: crypto
The Pros and Cons of PayPal-Bitcoin Combo
With a history of firing nasty comments at Bitcoin, the Wall Street mammoth, ranging anywhere from “bubble” to “financial scam,” appeared with candies in its hands this time.
Should Bitcoin Traders Worry About Third-Quarter Earnings’ Outcome?
The dilemma was the same at the beginning of July 2020: could or could not Wall Street earnings influence the Bitcoin price trend? Entering October 2020, the market has some clues about it.
Bitcoin Begins Q4 With a Bang: Is $20K By Year’s End Possible?
A battered final month of the third quarter signaled more pain for Bitcoin, a decentralized cryptocurrency known for hedging global market risks and enabling cheaper and quicker cross-border payments.
Bitcoin Stands Tall Ahead of FOMC Meeting This Week
On Sunday, Bitcoin experienced a brief pump-and-dump. The BTC/USD exchange rate was able to break above $10,400, a resistance that capped the pair’s upside outlook for almost two weeks. Bitcoin eventually formed a session top above $10,500 only to find later that the area was full of profit-taking traders. A pullback ensued and the cryptocurrency…
Three Reasons Why Top Crypto Bitcoin Can Still Fall Towards $6,000
Predicting Bitcoin price is no less than looking into a crystal ball. As the cryptocurrency leaves behind a trail of endless bullish and bearish fractals, it gives traders a grain of data to predict its next trend. The reality remains the same: the Satoshi Nakamoto’s p2p cryptocurrency is an erratic asset. Its market is tiny,…
Negative Interest Rates & Its Potential Impact on Crypto Market
“Negative interest rates? Over my dead body.” Jerome Powell did not say that. But if one were to reimagine the Federal Reserve chairman in a superhero comic book, that is precisely how his dramatized version would have screamed about “the biggest monetary policy experiment of modern times.” In the real world, a less-theatrical Powell conveyed…