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Crypto news

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What happens if you buy Crypto and then sell it? If you buy crypto and then sell it, from a tax perspective, you'll be taxed the same as if your cryptocurrency was a stock. In other words, you'll pay short-term capital gains tax if you held the security for one year or less, and you'll owe long-term capital gains tax if you held your position for longer than one year.
Why did the price of Crypto go down? The decline came during a month when crypto prices have closely tracked declines in equities, particularly US tech stocks, as investors unloaded assets seen as speculative and higher risk.
Are there any cryptocurrency traders in the US Congress? Cryptocurrency trading is not as popular in Congress as the buying and selling of stocks, but a few U.S. lawmakers have become active traders of digital currencies ranging from bitcoin to dogecoin.
Are there any cryptocurrency outflows in January? Cryptocurrency investment products suffered record outflows in January, as sliding token prices and a broader flight from risky assets reversed the fortunes of a sector that had frenzied interest last year.
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