Bookmarking Crypto Insights
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As tax day in the US approaches, a tax filing service reports that less than 100 out of 250K customers have included crypto in capital gains filings #NEWS Go to Source Powered by WPeMatico
Bullish Tom Lee eyes $25k per bitcoin before the end of 2018, a prediction he originally made in January. #NEWS Go to Source Powered by WPeMatico
BTC, ETH, and altcoins continue to grow as the crypto markets are on their second day in a row of solid growth. #NEWS Go to Source Powered by WPeMatico
Tax season in the U.S. is here, and many citizens who use or hold cryptocurrencies are clamoring around trying to figure out how to file their capital gains taxes. According to reports from Fundstrat’s analyst Tom Lee, cryptocurrencies represent roughly 20 percent of last years U.S. capital gains. Also Read: Emin Gün Sirer Discusses Cryptocurrency Academics … Read more
BTC’s price will be able to find its “footing” only after tax day, as a large selloff of crypto to fiat will take place by crypto-holding tax payers, Tom Lee predicts. #NEWS Go to Source Powered by WPeMatico
With western Christianity set to celebrate the basis of its theology this weekend, bitcoiners the world over might be showing up to churches in droves, hoping one resurrection might lead to another. The ecosystem’s main prophet, Tom Lee of Fundstrat Global Advisors, has outlined four reasons why enthusiasts ought to be bullish on the future: … Read more
Intel’s new BTC mining hardware accelerator patent seeks to reduce BTC mining energy use. #NEWS Go to Source Powered by WPeMatico
A predicted 56,000 percent increase for BTC since Jan. 2015 brings BTC’s hypothesized price to $91,000 by March 2020. #NEWS Go to Source Powered by WPeMatico
According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at … Read more
A new Fundstrat report points out that the current market slump is making BTC mining temporarily unprofitable, as low BTC prices come close to mining costs. #NEWS Go to Source Powered by WPeMatico
