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Monthly Archives: April 2021

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Who Is Not Concerned About Capital Gains Tax Hikes?

Who’s Not Concerned About Capital Gains Tax Hikes?

NewsBy adminApril 29, 2021Leave a comment

President Biden’s latest proposal for 40% taxes on capital gains for wealthy investors crushed crypto prices. Crypto investors on all fronts were already concerned with taxes on their incredible return on investment, with bitcoin up 579% and ether gaining 1,092% within a year. Here’s how to let your crypto trades grow tax-free…

Bitcoin: the Antidote to Inflation

Bitcoin: the Antidote to Inflation

NewsBy adminApril 22, 2021Leave a comment

Bitcoin Magazine’s Mitch Klee believes inflation has launched the bitcoin rocket. His latest analysis explores why and how bitcoin could become the world’s favored store of value during what could be one of the worst inflationary stretches in decades…

Coinbase's Colossal IPO Isn't the Only Force Driving Crypto's Explosive Growth…

Coinbase’s Colossal IPO Isn’t the Only Force Driving Crypto’s Explosive Growth…

NewsBy adminApril 15, 20211 Comment

Mainstream adoption of crypto soared in recent months, and the Coinbase IPO proves it. Today we dig into the numbers behind Coinbase and discover a powerful force driving crypto’s growth (and it isn’t FOMO…)

2021 The Year Crypto Went Mainstream

2021: The Year Crypto Went Mainstream

NewsBy adminApril 8, 2021Leave a comment

The point at which cryptocurrencies became a mainstream asset would always be a matter of debate. Well, even though we’re only 3 full months in, we think 2021 is the big year. And that’s surprising. Here’s why we’re making this bold claim…

PayPal Puts the Currency in Cryptocurrency, Enables Pay With Crypto at 29 Million Merchants

PayPal Puts the “Currency” in Cryptocurrency, Enables Pay With Crypto at 29 Million Merchants

NewsBy adminApril 1, 2021Leave a comment

PayPal made cryptocurrency checkouts available as of Tuesday, March 30, “a move that could significantly boost use of digital assets in everyday commerce.” Here’s what that means for crypto adoption…

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Important Tax Considerations:
BitIRA is not a legal or tax professional and does not provide legal or tax advice. It is BitIRA's understanding that Digital Currencies may be held in an individual retirement account, but if you have any questions regarding the legal rules applicable to individual retirement accounts, including which assets may be held in such an account, you should contact a legal or tax advisor. BitIRA makes no representation or warranty that purchasing Digital Currency for placement in an individual retirement account complies with government regulations or statutes or that current rules and statutes (or the interpretation of existing rules and statutes) will not change.

Important Investment Considerations:
In BitIRA's opinion, Digital Currencies are a highly speculative investment, and anyone considering purchasing Digital Currency should have the financial flexibility and resources, and the risk tolerance, to lose the entire investment. BitIRA does not offer any opinion as to which Digital Currency(ies) to purchase, in what amount, and for how long a customer should hold such Digital Currency. Nor does BitIRA offer any opinion as to what percentage, if any, of a customer's portfolio should be devoted to alternative and highly speculative investments like Digital Currency. Historical performance is no guarantee of future results. BitIRA does not guarantee or represent that anyone purchasing Digital Currency will make a profit.

BitIRA is not an investment specialist, tax specialist, financial planner (certified or otherwise), or retirement advisor, and BitIRA does not provide investment advice, tax advice, financial planning services, or retirement planning or retirement-specific advice. BitIRA facilitates the purchase of Digital Currency, nothing more, and charges a fee for the service it provides (based on the transaction value). No fiduciary relationship, broker dealer relationship, principal agent relationship or other special relationship exists between BitIRA and its customers.

Customers purchasing or liquidating Digital Currency make all investment decisions.

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