Learn how to pay taxes on cryptocurrency gains. Understand the tax implications, reporting requirements, and strategies for accurate filing. Get insights from experts in this informational post.
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As the world of cryptocurrency continues to evolve and expand, it is fascinating to witness the diverse performances of different meme coins. At present, two meme coins that stand out due to their drastically opposite performances are FLOKI and SPONGE. FLOKI’s Downward Spiral FLOKI, a meme coin named after a Shiba Inu belonging to Elon
As of the latest update, AVAX has emerged as one of the most resilient and promising cryptocurrencies in the market. Despite a slight decline in its price compared to 24 hours ago, AVAX has held onto more gains than any other top fifty cryptocurrency. Currently trading at $57.73, AVAX’s 22% increase over the past week
In the volatile world of cryptocurrency investing, XRP (XRP) has been notably lagging behind other major cryptocurrencies in 2024. With XRP trading flat at $0.65, investors are now turning their attention towards a new Initial Coin Offering (ICO) called 5thScape in search of significant returns on investment. This article will delve into the reasons behind
The US Securities and Exchange Commission (SEC) Chair, Gary Gensler, recently raised concerns about the rising trend of ‘AI washing’, which refers to the misleading use of artificial intelligence (AI) in the financial sector. Gensler emphasized that such practices may violate securities laws, and the SEC is taking regulatory actions to address this issue. Gensler
In a recent development, a Federal High Court in Nigeria has issued a directive to Binance, one of the largest crypto exchanges in the world, demanding detailed information on all its Nigerian users to be provided to the country’s top anti-corruption agency. This move comes amidst escalating tensions between the exchange and Nigerian authorities, with
The soaring market cap of Solana’s decentralized exchange Jupiter (JUP) has left many crypto investors wondering if it’s too late to jump on the bandwagon. With a fully diluted market cap approaching $15 billion, Jupiter’s valuation now challenges that of the well-established DEX Uniswap. While Jupiter’s 24-hour trading volume surpasses that of Uniswap, signaling its
Solana’s native meme coin, SHARK, has recently gained significant attention and traction in the cryptocurrency market. Launched only two days ago, SHARK has experienced a rapid surge in its price, climbing to an all-time high of $0.016. The initial listing on Solana DEX markets saw a remarkable pump of +9,400% in the first hour, attracting
The cryptocurrency market has been abuzz with the recent success of Dogecoin20, a new meme coin that has raised $2 million in just four days. The allure of meme coins lies in their potential for high returns on investment, with Dogecoin20 offering the opportunity for 100x gains. However, a closer examination of Dogecoin20 reveals some
Carbonated Inc. recently made waves in the gaming industry with the early access launch of MadWorld for iOS and Android devices. Alongside this exciting news, they also announced a significant achievement in raising $11 million in a Series A funding round. This funding was led by Com2uS, a South Korean gaming giant, with contributions from