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Romania Carries Out Raids as Part of Crypto Tax Evasion Probe
8.1.2023
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets exceeding...
Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices
31.12.2022
Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific integrated...
Which coin will bring the most profits – Cardano (ADA), OKB (OKB), or the Orbeon Protocol (ORBN)?
29.12.2022
Investors are beginning to alter their investment philosophies. New initiatives with more excellent development opportunities are currently in demand, as opposed to earlier times when the most popular currencies could only generate profit. We understand this idea is coming true because Cardano...
How are passive investors making 1500% in profits by copying top traders at PrimeXBT?
26.12.2022
With crypto prices dropping, passive investing has become more popular in the cryptocurrency market because it often involves generating interest in digital assets you’re holding anyway. Between DeFi protocols, CeFi platforms, and even crypto staking, these passive investing solutions offer...
Japan set to ease 30% crypto tax on paper profits for token issuers
16.12.2022
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale
Technical analysis picks for easy profits: SmarterWorx (ARTX), Polygon (MATIC), and Cardano (ADA)
13.12.2022
Technical analysis is the study of historical price movements. Technical traders generally use the process as a confluence or an actual reason to get involved in specific cryptocurrency projects. For efficiency, the trading methodology is effective on large crypto projects with high liquidity...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
8.12.2022
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate...
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
2.12.2022
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below...
Italy to impose 26% capital gains tax on crypto profits
1.12.2022
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3)
Italy Wants to Tax Crypto Gains at 26% From 2023
1.12.2022
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
30.11.2022
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only...
Biggest Movers: DOGE Down 10%, XRP Extends Declines
28.11.2022
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to a three-week high over the weekend, however bulls appeared to have abandoned their positions, opting to secure profits. Xrp, formerly known as ripple, fell for a third...
Oryen Network tempts investors with a 200% price surge alongside Kava and Polygon
26.11.2022
Some of you might feel down because you think it’s hard to make big bucks on the cryptocurrency market right now. Many tokens are in trouble because they aren’t stable, but you shouldn’t worry. Oryen has built strong footholds in the market to give investors the best return...
Vivacious Oryen Network community sees 150% presale profits – Can ORY beat Dash2Trade, IMPT, or Big Eyes?
24.11.2022
Oryen’s native token ORY has shown a lot of potential since its inception. The ongoing ICO has already made new records of 150% profits to early investors. The novel DeFi project is gradually outshining its key competitors, such as Dash2Trade, IMPT, and Big Eyes, day by day. Oryen’s...
Oryen Network’s 140% profits for its holders spark incredible hype. BNB, Big Eyes, and DOGE holders are joining the ICO
21.11.2022
By offering limitless and passive income based on an amazing yielding mechanism, Oryen is gunning for the top place in the cryptocurrency market. The new competitor is shaking up the market because its initial coin offering (ICO), presently in phase 4, attained peak results of 140% profits. This...
South Korea seizes $104M from Terra co-founder suspecting unfair profits
19.11.2022
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors
DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined
18.11.2022
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens
DeFi platforms see profits amid FTX collapse and CEX exodus
16.11.2022
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency
Big Eyes, BNB, and DOGE holders are FOMOing over Oryen ICO which made 110% profits for its buyers until now
14.11.2022
Key Takeaways Oryen offers fast 110% gains for Oryen ICO buyers. Big Eyes, BNB, and DOGE holders are FOMOing over the quick gains. Oryen ICO offered fast 110% gains for Oryen ICO buyers Oryen ICO buyers gained over 110% in profits in their Oryen ICO investments during the phase one presale. This...
The Dollar Milkshake Theory and How It Can Affect Your Crypto Profits
4.11.2022
The Dollar Milkshake is a theory focused on USD and its global influence, and as such, it touches upon cryptocurrencies such as bitcoin (BTC) as well. There are arguments, however, that should the US central bank pivot, crypto may go up – and there are arguments that BTC may not benefit from...