Tag Archives: Crash

Overstock Shares Crash as Former CEO Cashes Out – Goes All In on Crypto and Gold

Ousted former CEO of Overstock, Patrick Byrne, revealed via a regulatory filing on Wednesday that he offloaded his entire holdings in the internet retailer he’s been at the helm for since 1999. Continue reading Overstock Shares Crash as Former CEO Cashes Out – Goes All In on Crypto and Gold

Bitcoin Price Slump Flashes Buy Signal in Sub-$10,000 Crash

Bitcoin price continued its plunge below $10,000 on Wednesday, touching $9,274 on Coinbase. The fall marks a 32 percent pullback from the year’s high. For many analysts, the move below $10k is a bearish sign with further drops on the horizon. But could this pullback be a buying opportunity? Continue reading Bitcoin Price Slump Flashes Buy Signal in Sub-$10,000 Crash

Crypto Crash Offers Investors Tax Write-off Opportunity

Amidst a dreadful year for crypto investors, a significant upside to the dismal performance of their assets could be that the losses could end up saving them a significant amount of tax if they understand how to record and file appropriately. Under the U.S. tax code, bitcoin investors who got “rekt” in 2018 can use these losses to mitigate their tax burden for the current financial year and beyond. Continue reading Crypto Crash Offers Investors Tax Write-off Opportunity

Major UK Charity Fund Executive Believes Crypto Market Crash Is ‘Just a Bump in the Road’

A major United Kingdom charity fund executive said at the Bloomberg Crypto Summit in London this Friday that the recent crypto market crash is just a “bump in the road,” Bloomberg reports Dec. 7. Continue reading Major UK Charity Fund Executive Believes Crypto Market Crash Is ‘Just a Bump in the Road’