Robert Gryn is a serial entrepreneur who has built a high-tech Metaverse scanner which he hopes will act as a portal from our physical reality into the Metaverse. It is no secret that the physical world is beginning to merge with the digital, and that blockchain is serving as the arbiter of reality in many of these nascent metaverses. Gryn, CEO of MetaHero, is doing his part to make that new reality as real as possible, creating high-definition 3D scans of people, objects and animals that you may soon encounter…
Month: February 2022
Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center – Emerging Markets Bitcoin News
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted a license that allows it to operate in the UAE’s international financial center, the Abu Dhabi Global Market (ADGM). According to reports, the Financial Service Permission (FSP) license, which was issued by the Financial Services Regulatory Authority (FSRA), became effective on February 7, 2022. After the…
Why We Still Need Guidance on Staking Rewards Taxation
If we instead consider staking rewards to be payment for services, we will look at §61(a)(1), which says that compensation for services is included in gross income. Generally speaking, compensation for services is paid in cash (i.e. a paycheck). However, staking rewards are paid in crypto. No matter, §83(a) tells us that property transferred in connection with the performance of services should be included in income at its fair market value, less any amount paid. Source
Are Crypto Investors Savvy or Suckers? The UK’s Tax and Financial Regulators Don’t Agree
HMRC, on the other hand, assumes these same people are sophisticated investors capable of accurately keeping records of every single taxable event across a myriad of offshore exchanges, decentralized automated market makers, and lending and staking protocols. Source
How Does Cryptocurrency Work? For Beginners
If someone asks you where do you prefer to invest money. Most probably 80% of people answer cryptocurrency investment. According to research cryptocurrency is the first priority for many beginners. Here in this article, we are going to share how cryptocurrency works for beginners. What is cryptocurrency? If you are planning to invest in cryptocurrency then you do not need to understand the concept & definition of cryptocurrency. However if you want to learn and understand cryptocurrency you need to understand the concept of digital currency, blockchain & cryptography. Cryptocurrency…
Bitcoin Elliott Wave Theory suggests BTC price can drop to $25.5K this year
The ongoing Bitcoin (BTC) price correction could continue as per almost a century-old technical analysis principle called the “Elliott Wave Theory.” The interim bearish outlook put forth by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000 amid the Russia-Ukraine conflict. Bitcoin wave fractal eyes repetition The theory, which divides a price cycle into two sets—one consisting of five upward-trending impulse waves and the other having three follow-up corrective waves—points to the possibility of BTC’s price dropping toward $25,500 in 2022. At the core of its bearish outlook is…
Bloomberg Integrates Elwood Technologies' Crypto Platform Into Buy-Side Order System
Crypto-focused technology firm Elwood, owned by billionaire fund manager Alan Howard, is to integrate its trading platform with Bloomberg’s Asset and Investment Manager (AIM) system. Source
Lender Beware: The Potential DeFi Tax Trap
Uncle Sam may collect tax on every loan and repayment of cryptocurrency which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. Source
NFTs Are the Latest Crypto Tax Events Nobody Understands
Casual collectors may be in for a rude awakening this year. Source
BITCOIN CRASH EXPLAINED (Important Update)!! Bitcoin News Today, Bitcoin Price Prediction 2022 (BTC)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BITCOIN CRASH EXPLAINED (Important Update)!! Bitcoin News Today, Bitcoin Price Prediction 2022 (BTC) Welcome back to the Crypto World! In this video I reveal my next Bitcoin Price Targets and my Bitcoin Strategy (Bitcoin Trading for Beginners)! Is Bitcoin the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: My Complete Technical Analysis Course 👉 👈 📈BEST TRADING PLATFORMS: ► Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with my link and…