In Austria, tax audits on bitcoin require more than blockchain records, which only show transfers but not ownership or acquisition costs. Taxpayers must provide detailed documentation such as purchase dates, prices, fees, and wallet transfers to prove acquisition costs, which are crucial for calculating taxable gains. Transfers between wallets must be clearly documented to avoid being mistaken for sales. Crypto-to-crypto swaps also need tracing of cost bases, and consistent price sources must be used for valuation. Without proper records, flat-rate tax rules may apply, making thorough documentation essential for compliance.
NIQ Global Intelligence is rated Buy due to ten consecutive quarters of over 5% organic growth and two recent guidance raises. The company’s AI-native solutions are driving a 34% year-over-year revenue increase, which is not yet fully reflected in cu...
A security scanner named GoPlus flagged the Ethereum-based Status Network Token (SNT) as a potential honeypot with an owner balance-edit capability. However, no confirmed exploit, sell block, or live malicious activity has been demonstrated. The scan...
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Ripple CTO Emeritus David Schwartz rejected claims that the XRP Ledger (XRPL) is a "ghost chain" dominated by bots and automated transactions. He emphasized that XRPL's low transaction fees encourage both high-value and low-value activities, which is...
Sinclair remains a buy with a potential 10% price increase and a secure 7.3% dividend yield, despite facing regulatory uncertainty and challenges in the broadcasting sector. The company's growth strategy relies heavily on regulatory clarity regarding...
