Beginner’s guide to margin trading cryptocurrencies

In 1940, the chances of children outperforming their parents in terms of income was 41%.

The post Beginner’s guide to margin trading cryptocurrencies appeared first on CryptoSlate.

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How to Get Earning Interest on Cryptocurrency: Full Guide and Best 3 Platforms

Earning interest is one of the easiest and most affordable ways of making passive income on cryptocurrencies. From this article, you’ll get to know how to make the most of it. Earning an interest rate is one of the most popular and affordable ways of making passive income on cryptocurrencies.

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This could make buying Bitcoin and other cryptocurrencies more expensive for Indians

India introduced equalization levy in 2016 intending to tax digital transactions- the income accruing to foreign e-commerce companies from India. Although it aimed to tax business-to-business transactThe post This could make buying Bitcoin and other cryptocurrencies more expensive for Indians appeared first on AMBCrypto.

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4 Reasons Why You Should Use JAX Coins

Every worthy cryptocurrency has some inherent benefits users derive from it (use case), and the same applies to JAX coin. This stablecoin offers a lot of benefits to users. Some cryptocurrencies help users generate income, engage in a transaction, etc.

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China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst

China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens.

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Earn Passive Income with Nhash Cloud Mining Services

Cloud mining services are an easy way to earn passive income online. Although you can earn income through cryptocurrencies in many other ways such as trading, this requires significant investment of time which you may not have.

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Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies

The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013.

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How to Make Money off Ethereum – Earn Passive Income with ETH

Since the launch of Bitcoin back in 2009, hundreds of cryptocurrencies have entered the market and compete with Bitcoin for market share.   Ethereum launched in 2015 and has since become the second most popular cryptocurrency globally, with 11.

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Despite no laws, Indian minister says traders must pay taxes on Bitcoin

An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express. The post Despite no laws, Indian minister says traders must pay taxes on Bitcoin appeared first on CryptoSlate.

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Earn Passive Income Cloud Mining with Xminer

Mining cryptocurrencies is one of the best ways to make money in the cryptocurrency industry. However, mining profitable cryptocurrencies like Bitcoin and Ethereum can be expensive since it requires high-end computing machines.

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Earn passive income: cloud mining with Xminer

Mining cryptocurrencies is one of the best ways to make money in the cryptocurrency industry. However, mining profitable cryptocurrencies like Bitcoin and Ethereum can be expensive since it requires hThe post Earn passive income: cloud mining with Xminer appeared first on AMBCrypto.

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Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament

Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation.

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Earn Passive Income Cloud Mining with Xminer

Mining cryptocurrencies is one of the best ways to make money in the cryptocurrency industry. However, mining profitable cryptocurrencies like Bitcoin and Ethereum can be expensive since it requires high-end computing machines.

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South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time

According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant […]

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Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto

Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their cryptocurrencies on an exchange.” In contrast, 26% of the […]

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Best Staking Coins – Earn Staking Rewards With PoS Cryptocurrencies [2021 Edition]

Trading is not the only way to earn money with crypto. Passive income with coins is possible through staking as well. But not all coins are good for staking, some are better than the other and for this reason, we compiled this list of best staking coins to reap staking rewards.

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South Korean Lawmakers to Delay Cryptocurrency Tax Rule Implementation Till 2022

The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […]

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BlackRock CIO: Bitcoin Will Replace Gold Because it is So Much More Functional

In an interview with CNBC this morning, BlackRock, CIO of Fixed Income Rick Rieder said Bitcoin and cryptocurrencies are here to stay. Talk about a sharp U-turn, although not at all surprising for the bitcoin community given all the new bitcoiners we see this year thanks to the fiat devaluation and bitcoin’s over 150% YTD […] The post BlackRock CIO: Bitcoin Will Replace Gold Because it is So Much More Functional first appeared on BitcoinExchangeGuide.

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US: IRS Declares Crypto Earned via Microtasking is Taxable Income

The U. S. Internal Revenue Service (IRS) continues to keep a keen eye on crypto-transactions. IRS to Tax Crypto Earned via Microtasks According to a report by The Block, the U. S. tax watchdog is set to tax cryptocurrencies earned via microtasking jobs.

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The IRS wants to know if you used cryptocurrencies in 2020

A few days ago, on August 19th, the US IRS published drafts that show what the new income tax forms for 2020 will look like. Interestingly enough, the drafts will also require US citizens to disclaim whether or not they used digital currencies at some point this year.

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Could Cryptocurrency Casinos be a Realistic Form of Income for You?

The history of cryptocurrencies isn’t extensive, but is established enough for millions of people around the world to grasp whatContinue Reading The post Could Cryptocurrency Casinos be a Realistic Form of Income for You? appeared first on CoinMarketCap Blog.

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Income Inequality: Can Bitcoin or Other Cryptocurrencies Fix This?

Despite the benefits of crypto being in the hands of the few, the current crisis may be a harbinger of change.

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South Korea to Implement 20% Income Tax on Crypto Gains After Finalizing on New Tax Code

South Korea's government has tabled its final proposed tax code on cryptocurrencies with the tax rule set to be implemented from October 2020. The new tax rule will see a 20% income tax on crypto gains take effect as South Korea's government scales its effort to capture digital asset revenue. The final documentation was agreed […]

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South Korea Levying Crypto Tax Will Stifle Industrial Growth, Say Economists

Taxing cryptocurrency income is premature and may stifle the growth of blockchain and crypto in South Korea. Cryptocurrencies, unlike fiat, have not taken root and are largely unstable. This is the view of leading South Korean economists in response to the Ministry of Economy and Finance’s tax office proposal to levy a 20 percent taxRead MoreRead More.

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South Korea to Start Taxing Bitcoin Profits in 2021

South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament.

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Lending and Interest Income Could Be the Path to Boost Crypto Adoption

Bitcoin and cryptocurrencies, in general, have come a long way from the early days when they were regarded as an internet bubble waiting to burst. However, even after a decade, one constant criticism is that digital assets haven't found a niche, and cannot be spent as easily as it has been advertised for long. The […]

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New Zealand Aims To Abolish Cryptocurrency Sales Tax While Income Tax Would Remain

The New Zealand government has held discussions in a bid to revise the Goods and Service Taxes applied to cryptocurrency. This would mean that cryptocurrencies exchanging ownership would be liable to a 15% GST and end up double taxing as they would still be keen on applying the income tax. The revenue authority Inland Revenue […]

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Staking ecosystem surges to $8 billion valuation

The total amount of staked cryptocurrency has spiked to an all-time-high over $8 billion. Holders of proof-of-stake cryptocurrencies are choosing to stake their coins to support the network in exchange for income.

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South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies

South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions

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India’s Income Tax Department Is Secretly Training Its Officials to Investigate Cryptocurrencies

We got a copy of the Indian tax authority’s secret training manual for cryptocurrencies

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Dollar Cost Average: Even Bitcoin Investors Using This Strategy May Soon Be At A Loss

There are a number of sound investment strategies a crypto investor may choose to gain exposure to Bitcoin and other cryptocurrencies, depending on important factors such as risk appetite or income level.

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Best Staking Coins – Earn Staking Rewards With PoS Cryptocurrencies [2020 Edition]

Trading is not the only way to earn money with crypto. Passive income with coins is possible through staking as well. But not all coins are good for staking, some are better than the other and for this reason, we compiled this list of best staking coins to reap staking rewards.

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UK Officials Introduce Streamlined Cryptocurrency Taxation Guidelines

The current legal status of Bitcoin is difficult to gauge in the United Kingdom. A new taxation guidance update shows there is still some confusion to be cleared up. At this time, cryptocurrencies are neither currencies nor securities.

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US IRS Adds Question on Crypto Usage to New Income Tax Form Draft

The U.S. IRS adds question to 1040 income tax form to find out if taxpayers have been dealing with cryptocurrencies

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US IRS Makes Change to Standard Questions in Regards to Cryptocurrencies

The U.S. IRS adds question to 1040 income tax form to find out if taxpayers have been dealing with cryptocurrencies

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Residual Income from Cryptocurrencies: How to Tell Truth from Fiction

Many people would like to make money in the crypto space but very few actually possess the knowledge of how to do it. There are several ways to get your hands on digital coins: sell goods or services in exchange for crypto, mine it, trade it, get your salary paid in it, or even gamble.

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NBA Star to Convert His $34M Contract into a Digital Investment

An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of sports.

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Found in Translation: Easy Crypto Trading for Laypeople

Who wouldn’t want to have a stream of extra income? What a silly question, right? And yet relatively few people actually take advantage of all available market opportunities to make their wish come true.

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New Zealand greenlights Bitcoin salary regulation – but it’s still a bad idea

New Zealand‘s tax authorities have deemed it legal for companies to pay its employees in Bitcoin and other cryptocurrencies. Companies will also be able to deduct income taxes using current PAYE (pay as you earn) frameworks under the Income Tax Act 2007.

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New Zealand Rules Receiving Income in Bitcoin Is Legal, Taxable

New Zealand's tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed

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Web advertising 5 times more profitable than crypto-jacking, research says

When cryptocurrencies were soaring in value in late 2017 to early 2018, crypto-jacking was all the rage with opportunistic hackers. Thankfully, it’s not been quite as popular in recent times, and recent findings might make it even less so.

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Israeli hacker allegedly stole $1.7M in cryptocurrency from Europeans

A cybercriminal from Israel is facing a long list of felonies associated with the supposed theft of $1. 7 million (6. 1 million NIS) in various cryptocurrencies. The perp, 31-year old Eliyahu Gigi from Tel Aviv, reportedly stole Bitcoin, Ethereum, and Dash from various foreigners, including Belgians, Dutch, and Germans, Israeli news reports.

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Find a Job Paid With BCH Using Workingforbitcoins.com

In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic.

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Japan Unleashes 200 Tax Specialists to Chase Undeclared Cryptocurrency Gains

By CCN: Japan is adding to its impressive compliance charge on cryptocurrencies by honing in on tax evasion. Through more stringent laws tracking cryptocurrencies, the Asian country will gain better access to data from exchanges.

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How to Earn Bitcoin Cash Income

Earning cryptocurrency income online has become increasingly popular for more people around the world. Many employers and marketplaces are now offering jobs and tasks that pay in cryptocurrencies.

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Top 4 Ways to Cash out Crypto Profits in 2019

Most people are interested in cryptocurrencies as a way to make money. Whether it is an extra income, some minor profits, or a full income as a self-employed trader, the opportunities are nearly limitless.

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Australian Tax Authorities Collect Crypto Data to Verify Tax Compliance

The Australian Taxation Office (ATO), on April 30, 2019, announced that they were collecting trading records from designated service providers (DSPs) to ensure that cryptocurrency traders were presenting accurate income statements and not cutting out on taxes.

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New York Makes First Money Laundering Conviction Involving Cryptocurrency

In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments.

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US Presidential Candidate Yang Promises ‘Clear’ Bitcoin Regulation

2020 US Presidential hopeful Andrew Yang has given the clearest sign yet that he welcomes Bitcoin, releasing a dedicated statement on cryptocurrency regulation this week. Yang Highlights ‘Vast Potential’ Yang, whose pitch revolves around radical economic policy such as installing a Universal Basic Income (UBI), said that he would create “clear” legislation on crypto, using pro-industry legal schemes such as that of Wyoming as role models.

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