While this is a respectable gain, Bitcoin (CRYPTO: BTC) has fared much better. Since mid-March 2015, the world's top cryptocurrency has skyrocketed a jaw-dropping 29,690% (as of March 12).
But we believe that investors should remain cautious about investing in Bitcoin, as we have yet to gain more clarity on the Bitcoin acquisition plan. Moreover, trade tensions persist, and it ...
Short-term capital gain: You bought bitcoin for $6,000 and then sold it for $9,000 six months later. You would owe taxes on the $3,000 in profit at the short-term capital gains tax rate ...
The stock market tariff tantrum of the past few weeks has seen the Nasdaq 100 and S&P 500 give up all their gains since the early November election victory of Donald Trump even as bitcoin (BTC ...
The biggest problem facing Bitcoin's mass adoption is a lack of financial and technical education, which fuels misconceptions about BTC — including the idea that it is a scam or a Ponzi Scheme.
China has never officially disclosed its Bitcoin holdings or any sale strategies. In 2020, Chinese authorities seized nearly 195,000 BTC from the PlusToken Ponzi scheme. A ruling from the Yancheng ...
Critics of Bitcoin and other cryptocurrencies have warned that the assets have no intrinsic value and likened their rise to a Ponzi scheme.
That overshadowed the exuberance around Trump's so named US strategic crypto reserve, which some traders had hoped would pull bitcoin out of slump. After reaching its record in January ...
In the past decade, Bitcoin's price skyrocketed almost 30,000%. While I don't think it's reasonable to assume a similar type of gain in the next 10 years, I am confident the price will be ...
The price of bitcoin failed to recover the $85,000 level – where it traded before President Donald Trump's announcement of a U.S. crypto reserve sent it soaring – after a sell-off driven by ...