According to a study by Fidelity, nearly half (45%) of all cryptocurrency investors donated $1000 or more to charities. It’s huge compared to the total investor population donating to charities, only 33%. We don’t know why crypto investors are more inclined towards charities than the overall investor population. Maybe...

Taxes, especially crypto taxes, can be a real headache. That’s why most people like not to think about taxes until tax season comes around. However, seasoned crypto investors know that creating a year-round tax-saving strategy is crucial to reduce taxes as much as possible. Otherwise, you could be losing...

The same rules apply to yield farming taxes, which apply to basic cryptocurrency transactions. You pay income taxes on rewards received from yield farming and capital gains taxes on selling or swapping cryptocurrency. Or at least, that’s how it works in theory. In practical reality, it’s much more complex...

This is how crypto taxes in Germany works in a nutshell –  If you sell your crypto the same year of purchasing it and gain a profit of €600, you’ll be liable to ordinary income taxes under the German Tax Acts.  Germany has seen a lot of changes and...

Crypto taxes in Austria were pretty simple and straightforward until a recent crypto tax reform came into effect this April. Due to this recent change, crypto tax regulations in Austria have now split into two paths –  The old taxation rules, which apply to crypto you bought before 28...

Crypto taxes in Ireland are divided into mainly two categories –  Capital gain taxes, which you pay when you dispose of your crypto. Ordinary income taxes, which you pay when you receive crypto as income or reward.  There are some other tax consequences as well, but the majority of...

If you’re into crypto gambling or looking to get into it, you might be wondering how crypto gambling taxes work. Well, let’s find out.  Are crypto gambling winnings tax-free? Yes, crypto gambling winnings are tax-free in most countries except in the US.  In the US, crypto gambling winnings are...

Here’s the most straightforward answer on how to make money with cryptocurrency? There are MAINLY five legit ways you can do it – trading, HODLing, mining or putting your crypto to work (passive income). When Bitcoin first started booming around 2015-2016, everyone dismissed it, saying it was a bubble....

The Terra crash is a historic event for the entire crypto industry. An event that we’ll remember for years to come.  It set many examples, taught many lessons and unfortunately, cost people millions of dollars.  Terra (LUNA), once trading for more than $80 per unit just a month ago,...

It’s official. We’ve officially entered a crypto bear run. Some might call it a crypto winter. Whatever you wanna call it, it’s here.  If you’re into crypto, trading or stocks, you might already know what a bear market is.  Different people have different definitions for it, but generally, it’s...