Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’
President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators.
Related Posts


Cryptocurrency Grin Follows Through With Anticipated July 17 Mainnet Hardfork
Privacy-focused cryptocurrency Grin has completed the first hardfork so far on its mainnet. The fork occurred at block height 262,080 on July 17, as shown on the Grin block explorer Blockscan. According to an official announcement from Grin core dev Quentin Le Sceller, the latest blockchain hardfork is designed to discourage Grin mining through dedicated application…

Celebrities boost crypto projects but don’t guarantee legitimacy
In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals.

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XTZ, ADA, NEO
Bitcoin (BTC) rallied above $10,000 on May 7 and just when everyone was getting ready for the long-anticipated halving surge the top-ranked cryptocurrency on CoinMarketCap plunged over 15% to hit a low of $8,130.58.However, the sharp fall in price did not attract further selling, which suggests that traders are not panicking and dumping their positions.…

BitMEX Research: ICO Tokens Allocated by Teams to Themselves Lost 54% of $24 Bln Value
The value of tokens that over a hundred of initial coin offering (ICO) teams have allocated to themselves has decreased by 54 percent from the initial figure of $24 billion. This was revealed in the latest research by cryptocurrency exchange BitMEX published Jan. 16.BitMEX has conducted a research of the ICO market in collaboration with…

Crypto Exchange Bittrex to Block US Users From Trading in 32 Cryptos
Cryptocurrency exchange Bittrex announced that it will block its United States-based users from trading in 32 cryptocurrencies. The exchange revealed the news in a post on its blog on June 7.Per the announcement, after June 21, U.S. traders won’t be able to access a slew of coins listed on the exchange, including QTUM and STORJ.The…

DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher
A new report by CoinShares suggests Bitcoin (BTC) has garnered 97% of the total crypto inflows in 2021. The recent correction in Bitcoin price does not seem to have deterred crypto investors as CoinShares data shows a record $1.3 billion in crypto product inflows over the past week. This suggests that investors are accumulating on…

Digital turns physical: Top NFT galleries to visit in-person in 2021
As restrictions seem to be easing for many, people who are looking to leave their houses and discover their region or country can ride the nonfungible token (NFT) wave with physical exhibitions and galleries that will be opening over the second half of 2021 — with some having opened their doors already.Will there be one…

After Ethereum Merge, GPU prices may stabilize with dipping demand
The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe. 304 Total views 25 Total shares