Futures have been around in the world of investment for centuries, but they only entered the cryptocurrency sphere at the end of 2017. The futures of Bitcoin are available in a number of regulated exchanges that were eager to start Bitcoin futures trading, offering people new ways to invest in crypto. Many people still do [...]
Cryptocurrency was born on the idea of decentralization; the idea that there should be no middleman in between two parties exchanging assets in a trustless manner. Instead of relying on the traditional buyers and sellers in a financial market, AMMs keep the DeFi ecosystem liquid 24/7 via liquidity pools. Automated Market Makers (AMMs) are entrants [...]
Bitcoin is like a digital gold in many ways. Like gold, bitcoin cannot be created spontaneously; it requires work to “extract”. Gold must be extracted from geological earth and bitcoin “mined” from computational method. There are about 18.5 million Bitcoins are currently and worth about $ 80 billion based on the current BTC price of [...]
Now it is common to tax income and capital gains from Bitcoin and other cryptocurrencies. However, there are many countries that are interested in seeing how this growing property class develops and promoting innovation. Even in these countries, tax laws are subject to change and are often complex. Tax liability is an important resource for [...]
