Tag Archives: Traders

How Traders Can Make the Most of the Bitcoin Price’s Bearish Turn

The bitcoin price on Tuesday continued to pursue its downward trajectory, albeit finding decent support at one of the downside targets. The climate is not favorable for establishing long-term positions, but a few well-timed day trades can help you make the most out of the market’s recent bearish turn. Continue reading How Traders Can Make the Most of the Bitcoin Price’s Bearish Turn

Robinhood Wins New York’s Coveted BitLicense, Will Now Serve Crypto Traders

Today, Robinhood and LibertyX gained approval to work in virtual currencies in New York. Robinhood is a stock trading app that recently created some controversy when they released interest-bearing bank accounts that are not protected by the Securities Investor Protection Corporation. Continue reading Robinhood Wins New York’s Coveted BitLicense, Will Now Serve Crypto Traders

Australian Tax Office Warns Traders About Declaring Cryptocurrency Profits

The Australian Taxation Office (ATO) has reissued a warning to traders to ensure they declare their cryptocurrency profits when reporting their annual revenues. The ATO has warned Aussie crypto traders numerous times in the past but the issue is now reaching fever pitch. Continue reading Australian Tax Office Warns Traders About Declaring Cryptocurrency Profits

Cryptocurrency Traders Protest Poland’s Move to Tax All Transactions

Cryptocurrency traders in Poland launched a petition to protest the government’s decision to tax all cryptocurrency transactions, even those that aren’t profitable. “We are demanding the release of the blockchain technology market and the abolition of all taxes related to this industry,” according to the Change.org petition, which has already been signed by more than 2,700 people. Continue reading Cryptocurrency Traders Protest Poland’s Move to Tax All Transactions

Bitcoin Adopters Could Soon Overtake Stock Traders in Indonesia

Indonesia’s biggest exchange platform for cryptocurrencies including bitcoin could soon outrank the national stock exchange by sheer numbers of participants. A single cryptocurrency exchange in Indonesia could soon have more registered users than the country’s 106-year old stock exchange. If the value of bitcoin and the wider cryptocurrency market is in a rut, Indonesians have missed the memo. Continue reading Bitcoin Adopters Could Soon Overtake Stock Traders in Indonesia