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Only 0.04% Of Taxpayers Are Reporting Any Bitcoin Gains To The IRS

With the US tax .....»»

Category: blogSource: zerohedgeApr 16th, 2018

Bitcoin slumps 14% as pullback from record high gathers pace

Bitcoin, the world's biggest cryptocurrency, fell as much as 14% to $51,541 on Sunday, reversing most of the big gains it made over the past week......»»

Category: topSource: foxnewsApr 18th, 2021

TaxWatch: The IRS wants to know all about your Bitcoin holdings — and this court summons is a reminder

There's a problem with under-reporting crypto transactions, the tax collection agency says......»»

Category: topSource: marketwatchApr 5th, 2021

Why Is Ethereum Surging, Outperforming Bitcoin Today?

Gains in Bitcoin (BTC) appear faint in comparison with Ethereum (ETH) as the latter’s supply diminishes. read more.....»»

Category: blogSource: benzingaApr 1st, 2021

Stocks Dump"n"Pump; Dollar Gains Amid Bitcoin, Bond Pain

Stocks Dump'n.....»»

Category: personnelSource: nytMar 25th, 2021

Cathie Wood says bitcoin investors sitting on huge gains shouldn"t transact with the coin until tax changes are implemented

Investors should avoid using bitcoin as a payment system until tax changes are made, according to Ark's Cathie Wood. A growing number of companies are bec.....»»

Category: topSource: businessinsiderMar 25th, 2021

Bitcoin gains 5% after Elon Musk says Tesla now accepts the cryptocurrency as payment

The "Technoking" said in a tweet early Wednesday the EV-maker has added bitcoin as a payment option. Britta Pedersen-Pool/KTS Design/Science Photo Library/Getty Images Bitcoin.....»»

Category: dealsSource: nytMar 24th, 2021

Bitcoin Might Be Tanking But These Ethereum Killers Are Posting Major Gains Today

The rally in number one and number two cryptocurrencies by market capitalization — Bitcoin (BTC) and Ethereum (ETH) — may have toned down but there is still plenty of upwards action visible on the cryptocurrency markets. read more.....»»

Category: blogSource: benzingaFeb 23rd, 2021

Bitcoin surpasses $50,000, extending massive 2021 rally

The cryptocurrency has surged more than 70 percent this year as it gains favor with corporate and institutional investors......»»

Category: topSource: washpostFeb 16th, 2021

Bitcoin climbs 4% to a new high before paring gains as the cryptocurrency"s record-breaking surge continues

The price of bitcoin hit a 24-hour high of 48,929.36 on February 11 at 7:08PM E.T., continuing a rally on news this week of support from big companies. A visual representation of the digital .....»»

Category: topSource: businessinsiderFeb 12th, 2021

US consumer sentiment gauge drops to lowest since August as recovery hopes dim

Households earning less than $75,000 dragged on the metric, as the share of those reporting income gains shrank to the smallest since 2014. Alexi Rosenfeld/Getty Images The University of Michigan's consumer sentime.....»»

Category: worldSource: nytFeb 12th, 2021

Market Snapshot: Dow gains 250 points as jobless claims hit lowest since November

Stock benchmarks Thursday aim for a fourth straight gain as investors brace for the busiest day of the fourth-quarter earnings reporting season and parse a better-than-expected weekly update on employment amid the COVID-19 pandemic......»»

Category: topSource: marketwatchFeb 4th, 2021

A bitcoin IRA lets you profit from the cryptocurrency"s potential gains in a tax-advantaged way

A bitcoin IRA is a self-directed individual retirement account allowed to hold cryptocurrencies. They have high fees but allow tax-advantaged p.....»»

Category: smallbizSource: nytJan 25th, 2021

These Cryptocurrencies Are Soaring Today Despite Bitcoin Slump

Bitcoin (BTC) saw a major correction on Wednesday, down 4.09% at $34,646.50 at press time. Yet, there are several cryptocurrencies that have managed to post massive gains in the day. read more.....»»

Category: blogSource: benzingaJan 20th, 2021

Polkadot Outperforms Bitcoin, Rival Ethereum To Join The Top 5 Cryptos: What You Need To Know

Polkadot (DOT) outpaced the weekly gains made by both Bitcoin (BTC) and Ethereum (ETC) to emerge as the fifth-largest cryptocurrency by market capitalization, as per CoinMarketCap data. read more.....»»

Category: blogSource: benzingaJan 15th, 2021

Market Extra: As bitcoin surges to records, Riot Blockchain stock is up nearly 1,500% in 2020

Few assets in 2020 have outpaced the gains of bitcoin but the shares of one company have been deftly riding the coattails of the epic resurgence in the No. 1 digital currency, and the rally in ethereum......»»

Category: topSource: marketwatchDec 30th, 2020

Need to Know: As bitcoin busts out new records, these market watchers see $250,000 and even $400,000 on the horizon

Cryptocurrency bitcoin has charted new territory for Thursday, pushing past $22,000. Our calls of the day see much bigger gains ahead. Scarcity is one reason......»»

Category: topSource: marketwatchDec 17th, 2020

NewsWatch: As bitcoin busts out new records, these market watchers see $250,000 and even $400,000 on the horizon

Cryptocurrency bitcoin has charted new territory for Thursday, pushing past $22,000. Our calls of the day see much bigger gains ahead. Scarcity is one reason......»»

Category: topSource: marketwatchDec 17th, 2020

Market Wrap: Bitcoin’s Price Up 12% Since the Halving

Bitcoin has seen double-digit gains in price since the halving. Institutional investors doing more trading in crypto options on CME is a sign of continued interest......»»

Category: forexSource: coindeskMay 14th, 2020

IRS Solicits Contractors to Help Examine Crypto Traders’ Tax Returns

The IRS is emailing crypto startups with an offer to "assist our Revenue Agents in calculating taxpayers' gains or losses as a result of their transactions involving virtual currency.".....»»

Category: forexSource: coindeskMay 13th, 2020

Bitcoin Gains Major Backer In Paul Tudor Jones

Bitcoin gained one of its biggest backers ever, billionaire investor Paul Tudor Jones. read more.....»»

Category: blogSource: benzingaMay 7th, 2020