Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Swiss Canton
Swiss Canton of Zug Now Accepts Bitcoin & Ether For Taxes
As cryptocurrencies continue to gain widespread adoption globally, the Swiss canton of Zug has officially rolled out the option that enables taxpayers, including citizens and local businesses, to pay taxes in bitcoin (BTC) or ether (ETH). As announced yesterday, the initiative was born out of a partnership with local crypto broker Bitcoin Suisse, with the firm chosen to facilitate all crypto tax payments for the city. Bitcoin Suisse will be in-charge of converting all crypto tax payments to Swiss francs…
4 years ago