Dispatch #14 -2021 May 7th, 2021 The Dispatch starts with SEC delaying the Bitcoin ETF application by Van Eck. Then, we will delve into the accelerating momentum on Bitcoin adoption. Perhaps the most important story is the possibility of multiple banks offering their customers access to Bitcoin with the help of NYDIG. The FT story […]
JP Morgan
Crypto taxes, Turkey bans crypto, Bitcoin acceptance, used auto price, vaccines & re-opening, diversifing beyond Bitcoin
Dispatch #11 -2021 April 16th, 2021 Let’s start with crypto taxes as it is traditional tax week. For 2020, IRS Form-1040 specifically asks if you had crypto transactions, illustrating the IRS’ growing focus on digital assets. You are expected to track the cost basis of your coins and report capital gains accurately. Other items discussed […]
Dispatch #5 – Bitcoin at $1 trillion, BlackRock “dabbles”, JPM’s 86pg report…
This week (Feb 15th) bitcoin’s market value rose above $1 trillion, but short-term indicators are flashing red. This issue digs into the following additional events that point to continued institutional and individual adoption. Microstrategy (NASDAQ – MSTR) issues ~ $1bn bond to buy bitcoin – bond excess! BlackRock’s Chief Investment Officer (CIO) said they are […]