Are Bitcoin, Ethereum And Other Cryptos Still A Good Investment?

Applied Blockchain has 47 full-time employees and seven independent contractors on its team, which works out of an office on https://diigo.com/0ooz8r Turtle Creek Boulevard. As today's top gainers show, there isn't always an obvious reason for a price gain. Volatility is part and parcel of crypto investing and individual projects can gain or lose 10% or more for no apparent reason. Sometimes, it's a deal, partnership, or technical development that drives price action. But sometimes it's sparked by speculation or a rumor, and it can be hard to untangle exactly why a price is rising. Zilliqa is a smart contract crypto that's outperformed much of the market this year, mostly on news of its metaverse launch.

Tom Shea, crypto tax leader at accounting firm EY, tells me he saw one such hat, and it made him nervous. Fortunately, he says, he’s met a lot of people — me included — who are curious about how taxation on cryptocurrency works. The US dollar may not be pegged to gold anymore, but the US government still levies taxes in dollars, which it spends on a very real-world military.