Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Crypto Tax
U.S. Crypto Tax Guide for 2023
The world of cryptocurrency is constantly changing, with innovations and new uses for digital currencies springing up every day. This innovation has left governments, including the U.S., scrambling to catch up. For example, as of 2023, the Internal Revenue Service (IRS) considers cryptocurrency property for tax purposes. This means the tax laws that apply to property transactions, like selling or exchanging property, also apply to cryptocurrencies. Cryptocurrency Basics Cryptocurrencies such as Bitcoin, Ethereum, and others are digital or virtual currencies…
Crypto Adventure
@CryptoAdventure
5 months ago 382 views