NFTs are taking the digital world by storm and appear to be growing in popularity with each passing day. What’s more, savvy investors are taking advantage and bringing in some serious profits. What is an NFT, and what makes them so special? This ultimate guide answers all your questions and more. What is an NFT? …
Finance/
Crypto
Have you been investing in cryptocurrency? Maybe now it’s time to calculate and pay your crypto taxes. What is already a complicated activity can get a lot trickier if you don’t work with crypto tax software. In this article, we’ve wrapped up the best crypto tax software for 2024. Best Crypto Tax Software Our Methodology …
Inflationary and deflationary cryptocurrencies are opposite sides of the same coin. The first one consists of increasing cryptocurrencies in circulation, while deflationary cryptocurrencies have a limited amount circulating (this amount usually remains the same, it doesn’t increase). Or, if they eventually do, it rises at a slower pace. What is a Deflationary Cryptocurrency? A deflationary …
With more than one-third of U.S. small businesses accepting virtual payments, cryptocurrency is gradually making its way to the mainstream. But when we evaluate the pros and cons of cryptocurrency, we realize that the crypto market isn’t as stable as traditional financial markets. The 2022 crypto crash is the most recent example of how unpredictable …
Yes, any capital gains you make from cryptocurrencies are taxable. As the U.S. Treasury calls for stricter crypto tax compliance, the IRS is coming after crypto tax dodgers. It’s crucial for investors to know their IRS cryptocurrency tax rate, how to file crypto taxes, and how to legally minimize their tax liability. What is Your …
Cryptocurrency is a digital currency that you can directly buy, sell, or trade online on crypto exchange platforms. The benefit of virtual coins and tokens is that they can be circulated without supervision from a central monetary authority. The fastest growing cryptocurrencies may be the best choice for you if you’re looking to invest or …
Cryptocurrencies are primarily bought and sold on crypto exchanges. There are more than 600 crypto exchanges worldwide, but a major chunk of the daily trading volume stays in the top 25 exchanges. If you’re interested in trading crypto, here are the best crypto exchanges you can choose from. Best Crypto Exchanges in 2023 Coinbase – …