2022-12-17 01:48 |
Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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FTX Token has recovered its losses and trading at its highest level for year
2023-11-11 13:28 | |
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The biggest news in the cryptoverse for December 15 includes the FTX co-CEO Ryan Salame being revealed as the whistleblower, Donald Trump’s NFT collection, and research on long-term Bitcoin holders still showing bullish sentiment despite losses.
2022-12-16 00:30 | |
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The largest losses due crypto firm failures this year actually occurred before FTX, according to a recent Chainalysis report. The post Worst Losses Behind Us Before FTX, Says Chainalysis Report appeared first on BeInCrypto.
2022-12-15 17:45 | |
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Chainalysis researchers have revealed that the abrupt collapse of Sam Bankman-Fried’s FTX accounted for a lesser amount of realized losses for crypto investors compared to the Terra stablecoin de-pegging and fall of Three Arrows capital. FTX demise is not the…
2022-12-16 16:44 | |
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FTX’s collapse resulted in around $9 billion in realized losses for crypto investors, according to a Chainalysis report. The post Chainalysis data reveals FTX collapse caused $9B in realized losses appeared first on CryptoSlate.
2022-12-15 16:00 | |
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Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis.
2022-12-15 06:47 | |
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Yesterday’s testimony hearing of new FTX CEO John Ray III to the U. S. House of Representatives Financial Services Committee brought to light some new findings that are not likely to please former customers of the exchange.
2022-12-14 12:57 | |
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Solana has been on its knees after the FTX fall which brought the price down by over 60% in just 10 days, and 94.72% below its all-time high. The post Can Solana NFTs Help Reverse SOL Price Losses After FTX Collapse? appeared first on BeInCrypto.
2022-12-9 18:30 | |
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Bitcoin and crypto market twist has brought unexpected changes to almost all assets. Prices have been declining with little or no hope for a reversal. The FTX exchange fiasco intensified the performance as several losses have been recorded in the entire crypto space.
2022-12-9 02:00 | |
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In response to the FTX crypto exchange's collapse, which left 80,000 UK investors with losses, the UK FCA and other international regulators are acting to protect investors.
2022-12-8 11:45 | |
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Bitcoin is retracing its recent week losses, and it’s about to reclaim the support lost during the FTX debacle. The number one crypto by market capitalization is displaying some short-term strength as macroeconomic conditions continue to improve.
2022-12-2 23:23 | |
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Bitcoin accumulation has rallied since the collapse of FTX New BTC buyers have seen lower losses than an average existing BTC holder As the general cryptocurrency market took a bite at recovThe post Bitcoin's accumulation trend score and everything latest for your next trade appeared first on AMBCrypto.
2022-11-30 05:30 | |
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Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels. On November 8, despite the negative effects of the collapse of the FTX exchange platform, the digital asset managed to briefly surpass the psychological $7 marker, peaking at $7.
2022-11-30 10:43 | |
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The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors.
2022-11-29 12:20 | |
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Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement.
2022-11-25 16:45 | |
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The biggest news in the cryptoverse for November 22 includes the increasing rate of miner sellouts, realized Bitcoin loss from FTX fallout surpassing the losses caused by the Terra collapse, and Digital Currency Group CEO Barry Silbert’s comments regarding the liquidity situation at Genesis.
2022-11-23 01:05 | |
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With the FTX crypto exchange’s collapse, many events erupted in the crypto space. As a result, more of FTX’s investors and partners record massive losses with no potential recovery system.
2022-11-21 17:23 | |
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Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges.
2022-11-20 23:05 | |
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Some companies have resulted in layoffs to deal with their million-dollar losses.
2022-11-20 00:45 | |
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According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”
2022-11-18 00:30 | |
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Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses.
2022-11-18 19:08 | |
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CRO gains 5% after Crypto. com CEO AMA CRO witnesses improved sentiment, but holders still under losses Crypto. com is still facing a potential bank run after FUD escalated its FTX exposure.
2022-11-16 08:46 | |
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Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building the trust of the crypto market after FTX’s collapse, leaving users with massive losses.
2022-11-16 21:30 | |
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FTX’s Sam Bankman-Fried had featured prominently in Sino Global Capital’s investment strategy.
2022-11-16 11:26 | |
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As most cryptocurrencies suffered heavy losses following the collapse of FTX last week, Trust Wallet Token bucks the trend, growing 58% over the last 24 hours. The post Gravity of ‘not your keys, not your coins’ hits home as Trust Wallet spikes 113% to new ATH appeared first on CryptoSlate.
2022-11-15 18:49 | |
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Journalist and insider Colin Wu shares details of Hong Kong-based unit of Huobi's plan to cover client losses
2022-11-15 18:43 | |
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Sam Bankman-Fried has stepped down as FTX Group's CEO
2022-11-12 17:32 | |
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With the downfall of cryptocurrency exchange FTX, many associated sports stars could end up rueing the day they got involved with Sam Bankman-Fried. The post FTX Collapse: Tom Brady and Steph Curry Among Celebs Staring at Massive Losses appeared first on BeInCrypto.
2022-11-11 16:15 | |
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The DeFi market is suffering big losses. The total value of crypto assets blocked in DeFi protocols (TVL) has sharply decreased and reached 20-month lows. The fall is due to a large-scale sell-off in the cryptocurrency market after the collapse of the FTX exchange.
2022-11-11 15:31 | |
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Crypto market capitalization fell 8.8% in the past 24 hours, data shows.
2022-11-10 11:02 | |
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Bitcoin price declined over 10% and even spiked below $18,000. BTC remains at a risk of more losses, as the FTX faces more heat. Bitcoin started failed to recover ground and declined over 10%. The price is trading below $19,500 and the 100 hourly simple moving average.
2022-11-9 05:56 | |
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Weekend losses solidify as macro volatility to come meets internal turmoil over FTX.
2022-11-8 18:31 | |
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The biggest news in the cryptoverse for October 24 includes a recent spike in Bitcoin mining difficulty leading to a new ATH, FTX agreeing to compensate its users’ losses to a phishing attack, and on-chain data reveals Binance and Bittrex were also attacked.
2022-10-25 00:48 | |
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Crypto exchange organization FTX reportedly faced Sybil attacks and losses. The company lost 111, 260 EUROS, with the largest number of estimated accounts (66.35), while that of users being less. White-capped users targeted bonuses offered from the exchange. A Complete…
2022-9-30 17:40 | |
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Video game retailer GameStop has announced that it will partner with FTX, one of the most popular crypto exchanges. Gamestop and FTX Form Partnership GameStop and FTX are joining forces....
2022-9-8 05:58 | |
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As market leaders Bitcoin and Ethereum moved deeper into the bearish zone, other altcoins registered losses and scrambled to find support at various levels. Tron hovered just above the $0.058-support,The post Tron, Synthetix, STEEM, FTX Token Price Analysis: 23 March appeared first on AMBCrypto.
2021-3-23 18:30 | |
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Crypto trading platforms see new user signups and increased traffic while exchanges like Bittrex and FTX list the stocks delisted on Robinhood. Blockfolio meanwhile announced both crypto and stocks trading with “no fees.
2021-1-30 19:06 | |
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Bitcoin Dominance rose to 63.7% and Bitcoin was trading at $13,501 at press time. The altcoin market saw losses, with giants such as Ethereum also registering losses as it closed beneath $400. This coThe post Polkadot, Tron, FTX Token Price Analysis: 31 October appeared first on AMBCrypto.
2020-10-31 11:00 | |
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Wall Street saw losses on Monday but Bitcoin, after a $400 plunge, was quick to climb back above $13,000 and was trading at $13,125 at press time. Polkadot exhibited a bearish divergence just beneath The post Polkadot, Filecoin, FTX Token Price Analysis: 27 October appeared first on AMBCrypto.
2020-10-27 17:30 | |
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After going through a deep pullback in the past month, most of the DeFi tokens struggle to let go of the losses. Although the news of Square buying $50,000,000 worth of BTC has sent the market into a tisy, not all coins are moving out of the red.
2020-10-8 18:43 | |
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SushiSwap’s SUSHI gets handed over to FTX CEO after it plunged 88% in 5 days in a surprise move that caused the price to pare some losses.
2020-9-7 13:26 | |
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FTX bull and bear are ERC20 tokens which gives 3x returns on the change in price of the underlying assets. Hence, if the underlying crypto (e. g. Bitcoin or Ethereum) gains or losses by 10% in a day, the bull and bear tokens will gain or lose 30%.
2020-3-31 13:41 | |
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The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.
Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.
The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.
Indonesia witnessed a notable downturn in its crypto tax revenue in 2023, plunging by 62% compared to the previous year, despite the surge in Bitcoin's value.
In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb.
The Brazilian Senate has approved a new taxation policy, effective Jan. 1, imposing up to a 15% tax on earnings from crypto held in foreign exchanges.