Category: Everything Crypto

5 Best Crypto Credit Cards in 2023: Earn Crypto By Spending

The best crypto credit cards in the market today allow users to earn cryptocurrencies for spending fiat currency. And based on the projected increase in crypto credit card adoption by 40% annually, it seems to have garnered a tonne of interest from crypto enthusiasts.  Choosing the best crypto credit...

Are Cryptocurrencies Securities?

This year, a surge of legal actions coordinated by the U.S. Securities and Exchange Commission (SEC) has shaken the crypto space. Among the high-profile cases are Bittrex, Kraken, Celsius Network Limited, Binance, and Coinbase, all facing charges for unregistered security offerings (Read the full story here). This industry-wide regulatory...

SEC Vs Crypto? Regulations and Controversies

The Securities and Exchange Commission (SEC) has long been a central figure in the regulatory tussle with various crypto platforms. However, the recent surge in lawsuits against exchanges has taken the conflict to a new level of intensity.  Each lawsuit has its intricacies, yet a common thread runs through...

Crypto News: 5 Major Developments in Crypto Recently

SEC is going after Binance and Coinbase, PayPal launches its own stablecoin, attackers steals $61 million from Curve Finance and then returns it, mixed views on the possibility of spot Bitcoin ETFs, and a potential crypto oversight bill to bring more regulatory clarity. There is a lot that happened....

What are the Tax Implications of Crypto Investment Strategies?

The tax implications of different crypto investment strategies can be categorized into – crypto trading, HODLing, dollar-cost averaging and crypto passive income sources, like staking, yield farming, lending, etc. While the first three will generally trigger capital gain taxes, crypto passive income activities will attract income taxes. In this...

Crypto Tax Software – Streamline Crypto Tax Reporting

Crypto tax software simplifies the tax reporting process for crypto investors and traders. By addressing the complexities unique to digital assets, like crypto and NFTs, these tools allow users to track and calculate their taxes more efficiently and ensure compliance with tax regulations. Accurate tax reporting is a top...

8 Best Crypto Debit Cards in 2023: Spend your Crypto

The earnings statement of VISA released last year revealed that $2.5 billion in payments were made using crypto debit cards. With increasing demand, more and more companies are coming out with their own cards and features. However, despite so many options, only a few made it to our list...

Crypto Taxes for US Expats: A Comprehensive Guide

Crypto taxes for US expats is pretty simple when you remove all the nuances: You may not always be liable to capital gains taxes on your crypto gains or income taxes on your crypto income, but regardless of your tax liability, you must always report all your gains, income,...

Crypto Credit Cards: Explained

Crypto credit cards allow users to earn rewards in cryptocurrency while making purchases with fiat currency, like any regular credit card.  Crypto credit cards and debit cards have witnessed a remarkable surge in popularity in recent years. This trend is reflected in Visa’s Q1 2022 earnings report, where users...

Is Crypto Tax Loss Harvesting Right for You? The Pros and Cons Explained

Crypto tax loss harvesting can reduce taxable gains and income while rebalancing your portfolio. However, investors must also consider the opportunity cost of selling assets too early, potentially paying more taxes in the long run, transaction fees and the need for meticulous record-keeping.  Let’s face it. Nobody likes paying...