A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit. China’s government and central bank announced in 2021 that all cryptocurrency transactions or facilitation were illegal. Rumors about regulations tend to impact Bitcoin’s price in the short term, but the significance of the impacts is still being analyzed and …
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Content CGT disposal on entry and exit? What if I’m paid in bitcoin? How will I be taxed? Taxes on mining, airdrops, or crypto payments Can the HMRC track my cryptocurrency? Situs Tax Is Crypto Taxable in the UK? HMRC’s Stance – TL;DR If you dispose of coins/tokens and then repurchase the same coins/tokens within …
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Quite simply, a retracement is any temporary reversal in price within a major price trend. A reversal is the end of the price trend and either the beginning of a new one or the beginning of a period of consolidation. The likelihood of a reversal increases if there is a confluence of technical signals when the price reaches a Fibonacci level. 22.6%, 38.2%, 50%, 61.8% and 78.6% are the most popular …