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11. Crypto Tax Tools
The spontaneous growth of cryptocurrency this last decade has been fostered by knowledge sharing and expanding acceptance. Investors of cryptocurrencies have created different communities to help them keep up to date with the crypto world.  Current crypto currencies Aptos (CRYPTO: APT) was the top gainer over the prior 24 hours, while Fei USD (CRYPTO: FEI) turned out to be the biggest loser.
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As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours: Why Are Cryptocurrencies Like Bitcoin And Other Altcoins Currently Exploding? You don’t have to obtain the permission of any government, bank, organization, institution, or individual to use cryptocurrencies. This is because most cryptocurrencies are open-source software that can be downloaded free of charge at any time. Once you install the software on your device, you can use it to send and receive coins.

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Why Are There So Many Cryptocurrencies?
A22. A hard fork occurs when a cryptocurrency undergoes a protocol change resulting in a permanent diversion from the legacy distributed ledger. This may result in the creation of a new cryptocurrency on a new distributed ledger in addition to the legacy cryptocurrency on the legacy distributed ledger. If your cryptocurrency went through a hard fork, but you did not receive any new cryptocurrency, whether through an airdrop (a distribution of cryptocurrency to multiple taxpayers’ distributed ledger addresses) or some other kind of transfer, you don’t have taxable income. Live Coin Watch Brian O'ConnellJan. 26, 2023
Top 100 cryptocurrency

Several countries in emerging markets, including Kenya, Nigeria, Vietnam, and Venezuela rank high on our crypto index in large part because they have huge transaction volumes on peer-to-peer (P2P) platforms when adjusted for PPP per capita and internet-using population. Our interviews with experts in these countries revealed that many residents use P2P cryptocurrency exchanges as their primary on-ramp into cryptocurrency, often because they don’t have access to centralized exchanges. The ABCs of CBDCs An official website of the United States government

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