The Danish Supreme Court has issued a ruling stating that profits made from Bitcoin trading must be taxed and that investments in the cryptocurrency are speculative in nature. The verdicts are expected to set a precedent for cryptocurrency investments in Denmark. “The Supreme Court assumes that bitcoins are generally only acquired with a view to […]
Bitcoin (BTC) is on track to record its best quarter in two years, outperforming several other assets including Ethereum (ETH), gold, and the Nasdaq index, as per an analysis by Coindesk on Wednesday (March 29th). At the start of this year, $BTC traded below $17,000, reaching its lowest price since the 2021 boom, and many […]
The world’s largest cryptocurrency by market capitalization started off the month seeing its token value decrease by nearly 7%. This market movement can be seen as disappointing, especially taking into account how well the asset performed in January when it gained over 40% in value. As for February, bitcoin fluctuated throughout the month but ultimately […]
