Best Stablecoins in 2024: Bringing Stability in Crypto
Stablecoins have emerged as a vital component of the volatile crypto space, especially for trading. But with so many stablecoins out there, how do you pick the best one? That is where our carefully crafted list of best stablecoins in 2024 comes in. In this guide, we will quickly...
Best Crypto Exchanges in Dubai and the UAE (2023 Updated)
With numerous crypto companies and startups moving their headquarters to Dubai, this place and its rapid ascent as a crypto hub have caught the attention of crypto enthusiasts worldwide. Whether you’re already in the region or considering a move, our list of the best crypto exchanges in Dubai and...
Crypto Taxes for Businesses: Is it Better than Fiat?
In most countries, crypto taxes for businesses follow the same framework as receiving income in crypto – personal or business income taxes on its fair market value when received. But there is a lot more to it than just that. As crypto is growing relentlessly and penetrating the mainstream...
Crypto Tax Software Vs CPA: What’s Right for You?
The decision between crypto tax software and a CPA depends on your specific situation. Consider your transaction complexity, budget, tech comfort, and time availability. Weigh the pros and cons, and remember, a hybrid approach is usually the best option. If you’re still not sure, consult with a CPA. With...
The Aftermath of Binance’s Guilty Plea
Changpeng Zhao (CZ) pled guilty to charges from the U.S. Department of Justice (DOJ) and stepped down as the CEO of Binance. Binance faces a $4.3 billion fine, while CZ personally agreed to pay a $50 million fine with a potential 18-month prison term. This article breaks down the...
6 Year-End Crypto Tax-Saving Strategies for 2023
2023 is almost over. Here are the best year-end crypto tax saving strategies – harvest losses, bump up your business expenses, convert to retirement accounts, donate crypto, and more. Crypto taxes can be tricky, but as the year ends, it’s key to get smart about them. This article will...
5 Common Crypto Tax Tool Problems (& How to Fix Them)
While crypto tax tools have become increasingly popular for simplifying this process, they aren’t without their own set of challenges. The most common crypto tax tool problems include inaccurate data import, missing transaction details, and gray areas in crypto taxation. In this practical and insightful guide, we will tackle...
12 Best Crypto Coins to Stake in 2023 to Earn Passive Income
After the Ethereum transition to a Proof-of-Stake (PoS) consensus mechanism, the hype around crypto staking surged again. But staking Ethereum isn’t everyone’s cup of tea. Some people prefer to spread their bets. That is exactly why we’ve put together this list of best crypto coins to stake in 2023...
6 Best Practices for Using Crypto Tax Tools
Crypto taxes may not be as fun to talk about as some of the other exciting bits of crypto, like skyrocketing prices, controversies, and innovations, but it’s necessary, especially when it comes to accurate tax reporting. The last thing you want is an audit or a penalty. So, what’s...
Meme Coins Explained: From Memes to Millions
Meme coins are crypto tokens inspired by internet memes or trends, often lacking utility and value beyond their cultural appeal. But there is more to it. First introduced in 2013, Dogecoin was the first meme coin created as a joke to troll Bitcoin and its rising popularity at the...