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Bitcoin, Ether & Co.: Tax Authorities Target Crypto Investors Again
According to a report from WirtschaftsWoche, tax authorities are intensifying their scrutiny of cryptocurrency investors. This renewed focus comes as the market experiences fluctuations, prompting regulators to ensure compliance with tax obligations among crypto traders.
“The authorities are keen to ensure that all gains from crypto investments are reported and taxed accordingly,” the report states.
As the popularity of cryptocurrencies continues to rise, tax agencies are ramping up efforts to track transactions and enforce tax laws. Investors are advised to keep detailed records of their trades to avoid potential penalties.
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Bitcoin Price Forecast: Bears Fear a Crash to $100K as Whales Begin to Hedge
CryptoDnes.bg reports that Bitcoin (BTC) and Ethereum (ETH) have faced downward pressure, with BTC dropping by 4.6% and ETH by 12.3% in the past week. This decline has raised concerns among traders, particularly as whales start to hedge their positions in anticipation of further market volatility.
Analysts are closely monitoring Bitcoin's price movements, especially as it approaches critical support levels. A breach below $100,000 could trigger a significant downturn, potentially leading to prices as low as $91,353 or even $75,000.
Where Will Bitcoin Stand in Five or Twenty Years? Surprising Study
A recent study by Wisdomtree explores the future of Bitcoin, projecting various scenarios for its price by 2030 and 2050. The study suggests that Bitcoin could reach $120,000 in a deflationary scenario, $250,000 in a baseline scenario, and over $500,000 in an inflationary environment.
These projections highlight the potential for Bitcoin to serve as a hedge against inflation, similar to gold, as investors seek assets that can preserve purchasing power in uncertain economic conditions.
Key Insight: Bitcoin's future price could vary significantly based on economic conditions, with projections ranging from $120,000 to over $500,000 by 2030.Kevin Durant Recovers Access to His Bitcoin Wallet After 10 Years
Business Insider Deutschland reports that NBA star Kevin Durant has regained access to his Bitcoin wallet after losing it for nearly a decade. Initially investing when Bitcoin was valued at under $650, Durant's holdings have surged in value, now estimated at around $117,000.
Durant's agent, Rich Kleiman, shared that the duo had lost access to the wallet due to a lack of information regarding the account. With the recent recovery, they are now able to access the significant appreciation of their investment.
Key Insight: Kevin Durant's Bitcoin investment has appreciated significantly, highlighting the potential long-term value of cryptocurrency investments.Crypto News: Bitcoin Correction Following Fed Rate Cut! Altcoin Season 2025 in Jeopardy?
According to stock3, Bitcoin is currently experiencing a correction following the Federal Reserve's recent interest rate cut. This has raised questions about the sustainability of the altcoin season in 2025, as market dynamics shift in response to macroeconomic changes.
Investors are advised to remain cautious as the market adjusts to these developments, which could impact the performance of various cryptocurrencies in the near future.
Key Insight: Bitcoin's correction post-Fed rate cut raises concerns about the future of altcoins in 2025.Bitcoin Price in Euro: Clear Weekly Trend Emerging
The Berliner Morgenpost reports that Bitcoin has shown significant volatility in September, with a current price of approximately €95,242. The cryptocurrency has experienced a slight increase over the month, but overall trends indicate a lack of sustained momentum.
Factors influencing Bitcoin's price include market sentiment, inflation, and regulatory changes, making it essential for investors to stay informed about market conditions.
Key Insight: Bitcoin's price remains volatile, with current trends indicating a cautious outlook for investors.Sources:
- Bitcoin, Ether & Co.: Steuerfahnder knöpfen sich Krypto-Anleger vor – schon wieder
- Bitcoin-Preisprognose: Bären befürchten einen Crash auf $100K, da Wale beginnen, sich in Bitcoin Hyper abzusichern
- Wo steht Bitcoin in fünf oder 20 Jahren wirklich? Überraschende Studie
- Kevin Durant hat seinen Bitcoin-Zugang nach 10 Jahren wiedergefunden – so viel ist das Vermögen mittlerweile wert
- Krypto News: Bitcoin Korrektur nach FED Zinssenkung! Altcoin Season 2025 fällt aus? FTX News
- Bitcoin-Preis in Euro: Klare Wochentendenz zeichnet sich ab