Cryptocoins News / Blockchain - 3 days ago
The US IRS has introduced Form 1099-DA for cryptocurrency brokers to report digital asset transactions, aiming to improve compliance and ensure accurate tax reporting from digital assets starting January 1, 2025. (Read More)
Bitcoin News / Bitcoinist - 3 weeks ago
Asset management firm and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has unveiled its latest offering, the “Dynamic Income Fund” (GDIF), designed to focus on investments in proof-of-stake tokens.
Grayscale Launches Dynamic I...
Bitcoin News / Bitcoin.com - 1 month ago
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and ha...
Bitcoin News / Bitcoin.com - 1 month ago
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to t...
by COINS NEWS - 1 month ago
I need to check the visa requirements submitted by /u/Mediocre_Suspect_203 [link] [comments]
by COINS NEWS - 1 month ago
Asset holders are protected by the system more than income-earners I started working a little over 20 years ago. My starting salary was about $80k. My starting net worth was about $2k (I had a used car worth maybe $2k). My salary has barely increased...
Bitcoin News / Google News Bitcoin - 2 months ago
Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth β Mining Bitcoin ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increas...
More / Etherum Reddit - 2 months ago
I asked this in ethstaker, but got incomplete answers. I basically understand how execution income is determined. Can someone explain how consensus income is determined? I've seen it vary considerably. What causes the variation? submitted...
by COINS NEWS - 2 months ago
Today, Coinbase released 1099-MISC forms documenting other income from sources like ETH staking (and is a value that will be reported to the IRS). Depending on how you did your taxes last year, the number might be higher than expected because Coinbas...
More / Etherum Reddit - 4 months ago
Not sure if this is the correct sub for this question or not. If you stake eth and derive rewards are those rewards considered income by the IRS? Are the staking rewards taxable as income based on the price of eth at the time the rewards were earned?...
Bitcoin News / Bitcoinist - 4 months ago
The world of digital finance is changing the way people manage their finances thanks to cryptocurrency. The largest cryptocurrency exchange in the world, Binance, recently carried out an extensive survey across several continents to learn more about...
Bitcoin News / Bitcoin.com - 4 months ago
Nearly half of the crypto exchange Binance’s users list “earning extra income as their primary use for crypto.” The survey also revealed that 36% of the respondents consider “achieving financial security and independence”...
More / Bitcoin Reddit - 4 months ago
It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...
More / Bitcoin Reddit - 4 months ago
It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...
More / Bitcoin Reddit - 4 months ago
It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...
More / Bitcoin Reddit - 4 months ago
It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...
More / Bitcoin Reddit - 4 months ago
Just curious what people are doing. For me it's only about 5% currently. submitted by /u/metahipster1984 [link] [comments]
More / Etherum Reddit - 5 months ago
What other exchanges are there that I can use to deposit ETH, exchange for USD, and then withdraw to a US bank account? Possibly, even a wire transfer. I've been trading NFTs since the end of 2021. I made all of my ETH and income doing only that....
by COINS NEWS - 5 months ago
I have been DCA'ing into BTC over the course of this year. I am bothered that my BTC is just sitting idle while every boomer currency is offering 5% yields. I acknowledge that there are always risks but what are the safest ways to earn at least s...
Cryptocoins News / The Cointelegraph β - 5 months ago
Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis. India leads the world in crypto adoption,...