Ethereum

Vital Questions to Ask Before Buying Bitcoin

One thing to know before purchasing Bitcoin is that values can fluctuate drastically. Hype, speculation, and celebrity whims are some of the things that drive this fluctuation. While some people have made significant returns from their Bitcoin investments, others have lost big time. However, this shouldn't hinder you from venturing into crypto investment.

Don't Borrow Money to Buy Bitcoin Says Banker

JPMorgan's CEO Jamie Dimon blasted crypto and bitcoin yet again. The JPMorgan executive argued about the real value of cryptocurrencies and his take on the cryptocurrency world in an interview. Dimon stated that the latest bull market in cryptocurrencies was created by a lot of liquidity in the system, which then leads to speculation. Dimon declared:

FURS proposes special tax on cryptocurrencies

Ljubljana – The Financial Administration (FURS) has proposed changing how income from cryptocurrencies is being taxed so that a 10% tax rate would be imposed when the cryptocurrency is spent or turned into cash.

The administration proposes the tax, at a rate of 10%, be paid on the amount of cryptocurrency turned into another currency or spent for goods or services.

Explaining the Differences Between Ethereum and Bitcoin

Thanks to the fact that cryptocurrencies hold many advantages over regular payment methods, their popularity is rising each day. Studies show that there are as many as 7 million crypto users around the world. Even though governments do not have specific regulations concerning cryptocurrencies, people are more than open to trading with them.

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