According to personal finance firm Credit Karma Tax, filers who reported short-term capital losses for cryptocurrencies in the first month of 2019 jumped fivefold year-over-year. After the incredibly bearish crypto markets of 2018, data from early tax filers highlights the fact that more investors are claiming losses this tax season. However, a survey the company […]
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There have been numerous discussions as to whether or not Amazon will ever accept cryptocurrencies such as Bitcoin and Litecoin. So far, the company is not even remotely inclined to do so. A recent survey by LendEDU shows that Amazon could easily become the go-to company for various financial services, including its own native currency and banking. It will be interesting to see if the e-commerce giant will ever explore these options moving forward. Amazon and Finance Seem Like a Good mix This particular survey conducted by LendEDU hints at an interesting future for Amazon in the world of financial services. Even
Just recently a consumer research group called Valuepenguin did an analysis on complaints filed with the Consumer Financial Protection Bureau (CFPB) between June 1, 2017 and March 1, 2018. According to the study, after the significant 50-60 percent downturn in cryptocurrency values, consumer complaints surged by 669 percent. Also Read: Israeli Supreme Court Forbids Bank From […]
Just recently the consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies. According to the survey, out of 672 active bitcoin investors polled, 18.15 percent of the participants used a credit card to fund bitcoin purchases. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Out of 672 […]