Investors riding the NFT craze are facing billions in taxes | Crypto News

NFTs had a breakthrough year – What’s next for them? | Crypto News

The NFT market has ballooned to $44 billion, Chainalysis data shows, and the rules for taxing tokens are unclear. It’s one of the hottest corners of cryptocurrency – and now the US government wants its share of the profits. Investors and creators of non-fungible tokens — a market that has swelled to $44 billion and … Read more

Bitcoin climbs above key level after US inflation jump | Crypto News

Bitcoin climbs above key level after US inflation jump | Crypto News

The largest digital asset by market capitalization rose 3.3 percent to $44,085 on Wednesday. by Vildana Hajrik and Emily GravioBloomberg Posted on January 12, 2022January 12 2022 Bitcoin surged above $44,000 for the first time in a week as the largest US inflation rate in four decades revived the debate over whether the cryptocurrency is … Read more

NFTs had a breakthrough year – What’s next for them? | Crypto News

NFTs had a breakthrough year – What’s next for them? | Crypto News

When Canadian artist Trevor Jones graduated 14 years ago from the University of Edinburgh in Scotland, he quickly faced the harsh realities of the art world. “I had some good exhibitions and gallery shows,” he told Al Jazeera. But it wasn’t a way to pay the bills. I was working three different jobs at the … Read more

Inflation hedge? Bitcoin jumps after US consumer price data | Crypto News

Inflation hedge? Bitcoin jumps after US consumer price data | Crypto News

Bitcoin extended its gains after data showed US consumer prices rose at the fastest pace in nearly four decades. by Vildana HajrikBloomberg Posted on December 10, 2021December 10, 2021 Bitcoin extended gains after a report showed that US consumer prices rose at the fastest pace in nearly four decades. The largest cryptocurrency by market capitalization … Read more