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 $1,165 trillion. Bitcoin is up by over 2% after a rollercoaster of a week. Ethereum decreased by almost 1% over the past seven days. XRP gained more than 15% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols…
Tax Payment
Colorado to Welcome Tax Payment in Crypto by the Middle of the Year
The state of Colorado is ready to accept tax payments made in crypto by Summer, 2022. At least three other US states are considering passing similar legislation. According to the governor's announcement, the state will allow Colorado dwellers to pay tax equivalents in crypto, while a buffer converts it to United States Dollars. The state's governor, Jared Polis, gave an interview to CNBC on Tuesday. He said the government is working on the acceptance of taxes in the form of…
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