Portfolio in the red? How tax-loss harvesting can help stem the pain
“If you've made a sale during the tax year, and you've sold at a loss, there's basically a benefit there,” says Koinly’s head of tax. Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting” according to Koinly’s head of tax. Koinly is one of the most widely-used crypto tax accounting firms online. Head of tax Danny Talwar told Cointelegraph that while most retail investors are aware of their obligation to pay capital gain taxes (CGT) when they make profits, many are....
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Thailand's cabinet approved tax relief for bitcoin and cryptocurrency investors giving a value-added-tax and loss-harvesting tools to offset taxes.
The software used by Stem, which is based on blockchain technology, lets creators aggregate data from a lot of different distribution platforms. Monetizing content on the Internet is not an easy task these days, but there are solutions under development as we speak. Stem, a startup using the blockchain to help content creators collect and share revenue, recently announced a US$4.5m funding round. One of the hardest things to do as a content creator is earning money and keeping track of where all funds are coming from. Thanks to a wide variety of platforms in existence to try and make a....
Stem a new startup tapping the power of blockchain technology and cryptocurrency is creating an application that aims to provide content creators a “fair share of earnings and information in a clear and timely manner.” The company has just raised $4.5 million USD in funding led by investment firms such as Upfront Ventures, and well-known music industry....
On-chain data shows the loss margin of Bitcoin traders is only halfway through the way to the boundary that signaled rebounds in the last two years. Bitcoin Traders Are About 5% Underwater At The Moment In a new post on X, analyst Ali Martinez has talked about how Bitcoin tends to rebound when the Profit/Loss Margin of the Bitcoin traders falls under -12%. The Profit/Loss Margin refers to an indicator that measures the net amount of profit or loss that the BTC investors are carrying right now. The metric works by going through the transaction history of each coin on the blockchain to see....