El Salvador and Bitcoin

On September 7, history was made when president Nayib Bukele announced that Bitcoin is now a legal tender in El Salvador, which means Bitcoin is now an official currency of the country, along with U.S dollars, which was El Salvador’s only official currency before this. Is Bitcoin Legal Tender...

The Five Best US Crypto Exchanges

The craze for trading crypto is spreading like wildfire, and with that, so is the demand for better cryptocurrency exchanges. But choosing the right crypto trading platform is not an easy task, especially if you’re just starting out. There are many factors to consider before starting your journey on...

Crypto Taxable Events

Recently, the IRS has been coming after everyone in the crypto space who are avoiding taxes. To make sure you aren’t one of them, you must accurately report all your taxes on crypto to the IRS. But the crypto taxation isn’t as simple as it looks. What are the...

Bitcoin Golden Cross Explained

There have been many reports recently pointing out early signs of a Bitcoin bull run. Some also call this the “Bitcoin golden cross” phenomenon. If you’re relatively new to crypto and trading, you might not know what a golden cross is. So, in this quick article, we will explain...

Crypto Mining Taxes – The Complete Guide

In recent years, more and more people are getting aware of the importance of reporting taxes on their crypto transactions. There is a bounty of content and resources out there talking about the different tax implications of trading crypto. However, when it comes to crypto mining, such as Bitcoin,...

NFT Taxes – Everything you Need to Know

Non-fungible Tokens (NFTs), once popular only among crypto-enthusiasts, are now quickly overtaking the mainstream by storm. It’s clear that it’s not just a passing trend. NFTs are here to stay. People all over the world are earning top dollar from flipping NFTs. Creators and artists struggling before this boom...

The London Hard Fork

On Thursday, 5 August, the world’s second-biggest cryptocurrency underwent the much-awaited software upgrade that aims to solve some of the problems that have annoyed even the biggest Ethereum supporters for the longest time. What we are talking about is Ethereum’s highly unpredictable and volatile transaction fee. The problem has...

How the Crypto Infrastructure Bill Might Affect Crypto Taxes

The Senate finally gave bipartisan approval to the $1 trillion infrastructure bill, also known as HR 3684, last Tuesday, the 10th of August. Focused on collecting and allocating money for building bridges, roads, transportation systems, and supporting clean energy, along with other advancements, the bill plans to raise $28...