Tag: Red

Portfolio in the red? How tax-loss harvesting can help stem the pain

[ad_1] Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting” according to Koinly’s head of tax.  Koinly is one of the most widely-used crypto tax accounting firms...
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Bitcoin Marks First Green Weekly Close After Two Months In The Red

[ad_1] Bitcoin has been marking multiple weeks of consecutive red closes. This has been the case for the last two months when the leading cryptocurrency had seen 9 consecutive weeks of red closes. Unsurprisingly, this had pained a very bearish image for the digital asset. However, it seems the...
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Bitcoin Turns Red, Why Bears Aim A Retest of $55K

[ad_1] Bitcoin price extended decline below the $60k support against the US Dollar. BTC could extend losses towards $55k in the coming sessions. Bitcoin started a fresh decline below the $65k and $62k support levels. The price is now trading below $60,000 and the 100 hourly simple moving average....
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