Amid a sea of red in financial markets, bitcoin is still flashing green. The biggest cryptocurrency climbed as much as 5.4% on Tuesday to $9 412, the highest since 7 March. Bitcoin has gained 20% in the past week and 37% in
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The world’s biggest cryptocurrencies rose again on Tuesday, extending their April rally deep into its fourth week and taking this month’s increase to more than 75%. Ethereum, bitcoin cash and EOS helped lead
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Cryptocurrencies, and the substantial gains that are associated with investments in them, caught the attention and interest of the world – not least of all, the taxman. Where money abounds, tax is normally to be
The South African Revenue Service’s announcement that it considers cryptocurrencies to be intangible assets and not currencies has brought an end to widespread speculation about the nature of cryptocurrencies
Bitcoin “HODLers” are seeing some light in the bear-market tunnel. While it remains to be seen whether it’s the end of this year’s slump, the 20% gain over the last five days has them cheering. The largest cryptocurrency
Bitcoin surged the most on an intraday basis since December after breaking through key technical levels. The biggest cryptocurrency climbed as much as 16.9%, piercing both the $7 000 and the $8 000 levels in a
Is the rise of bitcoin analogous to the spread of an infectious disease? Analysts at Barclays saw enough similarities to develop a pricing model for the cryptocurrency that takes its cues from the world of epidemiology
The South African Revenue Service will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their
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