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US Treasury reiterates that the IRS won't consider crypto miners, stakers or coders to be brokers

In a letter to a group of senators, the Treasury has said that it does not plan to treat miners and stakers as brokers for the purposes of tax reporting. The concern comes after the Infrastructure Bill left such determinations up to the Treasury. In a February 11 letter seen by The Block, the Treasury reassured six concerned senators that it did not plan to treat crypto miners, stakers and wallet providers as brokers for tax purposes. "Existing regulations impose broker reporting obligations onl

A complete guide to cryptocurrency trading for beginners

What is trade? Trade is a fundamental concept in economics that involves the buying and selling of valuables. It may be goods and services for which the buyer pays some compensation to the seller. In other cases, trade may involve the exchange of goods and services between parties to a transaction. In the context of financial markets, the assets traded are called financial instruments. They can be stocks, bonds, Forex currency pairs, options, futures, leveraged products, cryptocurrencies, and ot

how to earn money online

There are many ways to earn money online, some of which include: Freelancing: You can offer your services as a freelancer in a particular field, such as writing, design, programming, or marketing. You can find freelance work on websites such as Upwork, Fiverr, and Freelancer. Selling products: You can sell physical or digital products through an e-commerce platform like Amazon, eBay, or Etsy. Creating and selling online courses: If you have expertise in a particular area, you can create an onlin

Impact of Bitcoin in financial world.

1.Financial Inclusion: Bitcoin allows people without access to traditional banking services to participate in the global economy. Anyone with internet access can create a Bitcoin wallet and engage in financial transactions, providing greater financial inclusion for underserved populations.

Poem for Bitcoin

In the realm of code and byte, A currency emerged one night, Bitcoin, born in cryptic light, A digital dream that took its flight. A peer-to-peer, decentralized force, No rulers, banks, or hidden source, With blockchain's ledger, on its course, Transcending borders, with no remorse.

Cryptocurrency Trading Bots: A Guide for Beginners

Explore the basics of cryptocurrency trading bots, their benefits, and how to start using them effectively for automated trading.

CRYPTOCURRENCY FOR DUMMIES.

Cryptocurrency is a digital money. Instead of physical coins or bills, it's a type of virtual currency that exists only in electronic form. It uses a technology called blockchain to keep track of who owns how much of it and to make sure transactions are secure. Here's a simple breakdown: Digital: Cryptocurrency exists only in computers. You can't hold it in your hand like regular money. Decentralized: It's not controlled by a central authority, like a government or a bank. Instead, a network of

How to earn Money from Trading

Earning money from trading involves understanding the markets, developing a strategy, and managing risks. Start by educating yourself on trading principles, practice with a demo account, and consider seeking advice from experienced traders. Remember, it's essential to manage your risks and not invest more than you can afford to lose.

Crypto investors build Bitcoin mines to avoid paying taxes — thanks to Trump

In the US, tax-shy crypto enthusiasts are building new Bitcoin mining plants in struggling rural areas to take advantage of a controversial Trump-era loophole intended for the poor, reports HuffPost. Republican legislation introduced in 2017 allows companies and investors to reduce their tax bills when selling off assets like crypto or stocks — provided they use the money to fund projects in so-called “opportunity zones.” Opportunity zones were introduced to give a leg-up to the most deprived ar

Cryptocurrency Futures vs. Spot Trading: Key Differences

Explore key differences between cryptocurrency futures and spot trading to optimize your investment strategy.

What is trading ?

Trading is the buying and selling of assets, such as stocks, commodities, currencies, and bonds. Traders buy assets when they believe the price will go up, and sell them when they believe the price will go down. The goal of trading is to make a profit by buying low and selling high.

Day Trading Cryptocurrency: A Guide for Beginners

Day trading, the practice of buying and selling assets within the same trading day, has gained popularity in the cryptocurrency market

Bitcoin financial backers dive in for long stretch in 'faltering' shift

Jan 17 (Reuters) - As bitcoin heads into 2022, a developing companion of long haul financial backers is multiplying down on its supplies of the cryptographic money, trusting a December plunge was just a merry blip. A few industry watchers highlight the hidden strength of such long haul ventures as possibly encouraging markers for the eccentric digital currency. Since last July, for instance, how much bitcoin held in computerized wallets without any outpourings for over five months has been consistently expanding, as per advanced money business Genesis Trading.

Crypto lovers

Guidelines for beginners

Making your first $100,000 in 2023

It's great that you have a goal of making your first $100,000 in 2023! Here are a few tips that may help you reach this goal: Set specific, measurable, achievable, relevant, and time-bound (SMART) goals: This will help you create a plan of action and stay on track. Identify your skills and strengths: Think about what you are good at and how you can use those skills to generate income. Network and build relationships: Connect with people in your industry or field of interest and make an effort to

Cryptocurrency Futures Trading: Strategies and Risks

A detailed guide on Cryptocurrency Futures Trading: Strategies and Risks for informed trading decisions.

Top 10 crypto currency in the world

As of the current date, the top 10 cryptocurrencies in terms of market capitalization can change over time due to market fluctuations. However, here are the top 10 cryptocurrencies as of my last update: Bitcoin (BTC): The first and most well-known cryptocurrency, often referred to as digital gold. Ethereum (ETH): Known for its smart contract functionality, Ethereum is a platform for decentralized applications (dApps). Binance Coin (BNB): The native cryptocurrency of the Binance exchange, used fo

Cryptocurrency Comparison: Bitcoin and Ethereum

Knowledge about crypto currencies