The first-in, first-out (FIFO) rule requires traders to liquidate multiple positions of the same asset in the same order they were taken, starting with the oldest first. The consequence of these rules is that it can be difficult for U.S. residents to legally copy traders who live in jur...
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below Crypto News October 20, 2023 0 In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a… ...
Is there a cryptocurrency tax? If you've invested in cryptocurrency, understand how the IRS taxes these investments and what constitutes a taxable event.
First of all, there are several main types of bonuses that crypto casinos usually offer: As tempting as all this may sound, behind most of the bonus offers is a condition that makes getting a bonus not as easy as it seems at first glance. In the case of a deposit bonus, before the ...
Suppose you want to add cryptocurrency to your portfolio in order to generate yield from staking. Here are the steps to make that happen: Choose a cryptocurrency.Not all cryptocurrencies support staking, so your first step is to choose a relevant token. Cryptocurrencies that use proof of stake ...
“Bitcoin was the first internet money in the world. Then when you realize that money is the greatest social network of all, Bitcoin is maybe the greatest social network of all also.” –Tyler and Cameron Winklevoss “I should have bought [bitcoin] eight years ago … I do at this point...
I am the owner of Crypto Tax Girl, one of the world's most reputable crypto tax firms, and I have helped thousands of people with their crypto taxes. If you've reached out to me in the past, you know that I'm usually pretty booked out (and I'm not cheap), which is why I ...
The first reason you need to file crypto taxes is that it is the law, and it’s always better to stay on the good side of the tax authorities. In the early days, crypto was seen by many as a financial gray area, with regulators calling it out for being used for illicit transactions...
First, you need to find a trustworthy platform that lets you copy trades. Some of the popular ones are PrimeXBT, MEXC, Bybit, and Binance. They have all the required features and many traders to copy from. We will be choosing Bybit as an example. ...
the manager also will need to determine a liquidity strategy for its public holdings post lockup. In the past, I was closely involved in the publics strategy at Greenspring Associates so have first-hand experience both managing this process and watching how a wide range of other venture manager...