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New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode
2.10.2024
In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious....
Bitcoin price stuck in ‘extended consolidation phase’ due to drop in capital inflows — Report
25.9.2024
Bitcoin’s significant drop in capital inflows over the last six months is contributing to the current price consolidation.
Bitcoin price stuck in ‘extended consolidation phase’ due to drop in capital inflows — Report
25.9.2024
Bitcoin’s significant drop in capital inflows over the last six months is contributing to the current price consolidation.
Bitcoin price drop below traders’ cost basis warns of deeper sell-off
26.6.2024
Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue
How to determine crypto cost basis for accurate tax filings
3.5.2024
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards
Bitcoin’s $30K Floor — Willy Woo’s Onchain Analysis Predicts Enduring Stability Above Threshold
21.11.2023
On November 21, 2023, the popular onchain analyst Willy Woo presented a detailed chart showcasing the cost basis density map of bitcoin. This analysis delves into BTC’s pricing history and transactional data, pinpointing critical areas of price stabilization and potential zones of support....
Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value
27.8.2023
Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based...
Bitcoin prepares for CPI showdown as BTC price dips below $19K cost basis
11.10.2022
BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data
Bitcoin eyes 'textbook' bottom as $16K whale cost basis comes into play
10.10.2022
The price paid for “whale coins” is revealed as a potential new bear market bottom zone for BTC
Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend Highlights ‘Refusal to Spend’
27.9.2022
After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term...
FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto
23.2.2022
For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion
XRP Army’s Cost Basis Per Coin is $1.38 — 7X the Current Price
19.6.2020
According to Messari’s realized cap figures, XRP token holders paid an average of seven times the current price
Blox Launches Automated Crypto Cost Basis Tool
5.11.2019
When it comes to owning cryptocurrencies, the investors should comply with the financial obligations like submitting their tax reports on time to the regulatory bodies. These crypto taxations and cost-based calculations often seem to be challenging for the financial professionals, due to the lack...
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...