El Salvador’s El Zonte is now popularly known as “Bitcoin Beach,” for being the first town to use the cryptocurrency as a form of payment for services, products and salaries. Juan Carlos for NPR hide caption … Source link

Koinly is a tax solution for cryptocurrency investors and accountants. Anyone who owns multiple exchange accounts or wallets knows the pains when it comes to declaring taxes. Koinly was built to solve this very problem – by integrating with all major blockchains and exchanges Koinly reduces crypto tax reporting to a few minutes of work. Robin Singh is the Founder of Koinly. He recently joined the Bitcoin.com News Podcast to talk about the challenges crypto users face with regards to… Source link

Bitcoin (BTC) saw a fresh spike to near $45,000 overnight into March 27 as the weekend looked set to deliver a decisively bullish close.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly close of key importance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding back to higher levels seen days previously after a rejection at just above the $45,000 mark. While still within its extended trading range with $46,000 as its ceiling, the pair was still firmly… Source link

The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes related to urban real estate within their city limits, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU). As reported by Cointelegraph Brazil, the new pro-crypto tax laws will be implemented from 2023, which was announced by the Secretary of Economic Development, Innovation and Simplification, Chicão Bulhões. Work from anywhere = Rio! Welcome @binance… Rio on… Source link

InvestorsObserver analysis gives Litecoin Cash a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver… Source link

The second half of March was relatively bullish for the markets, especially for Ethereum, with only two red daily candles. ETH started the rally when breaking above $2500 and then surged by 25%. Crossing the psychological resistance at $3,000 was an outstanding achievement for the bulls, marking a decent recovery of about 50% of the downtrend since reaching the all-time high. What’s next? The Daily Chart Technical Analysis by Grizzly After crossing the $3K milestone, ETH… Source link

What is FIRE? Financial Independence, Retire Early (FIRE) is a movement focused on extreme savings and investment with the aim of allowing people to retire much earlier than conventional strategies target. Extreme frugality is at the core of FIRE. Proponents aim to save significant amounts of their income — well over 50% in many cases. This is typically achieved through a disciplined focus on reducing expenses. Increasing income is encouraged, but acknowledged as less controllable than… Source link

“Most simply, to derive total industry value, we multiply coins to be mined times current BTC price plus transaction fees. Today, this value is approximately $92B,” he said, using a bitcoin price of $38,000. As of this writing, the price of bitcoin was back up to $44,000. Source link

The total crypto market cap has crossed $2 trillion as major tokens surged despite macro headwinds. Crypto analysts break down the bullish catalysts that have fueled recent price actions.  They also share why ethereum’s merge could lead to an “inevitable speculative bounce in price.” Global financial markets have been mired in bearish sentiment amid geopolitical… Source link

Gold has served as a store of value for thousands of years. Due to this, investors have widely used it as a hedging tool against the effects of recessions and inflation often caused by geopolitical tensions. In light of recent events such as the COVID-19 pandemic and, more recently, the military crisis between Russia and Ukraine, many investors have sought alternatives to gold and other precious metals as hedging options. As we approach a digitized age, it is a prerequisite that alternatives… Source link