Browsing: Gains

Taiwanese singer and entrepreneur Jeffrey Huang, widely known in crypto circles as Machi Big Brother, is currently holding a substantial leveraged Ethereum position that has moved in his favor. According to data from AmberCN, Huang’s 25x long on $ETH is valued at approximately $48.22 million, with an entry price of $2,097 and a liquidation price…

The UK’s HM Revenue & Customs has confirmed that depositing cryptoassets into DeFi lending protocols and liquidity pools will no longer count as a taxable disposal, deferring any capital gains tax until an investor makes a genuine economic disposal of the assets.

If you are looking for the best crypto to buy now for possible 100x gains, it is unlikely that blue-chip altcoins will be particularly appealing. The market has found itself in the tricky situation where the market capitalizations of cryptocurrencies like Chainlink, Shiba Inu, and Dogecoin are still in the billions, meaning they would require…