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Cryptocurrency trading is becoming more and more popular, with many people dipping their toes into the lucrative world of crypto. Whether you’re looking to jump into trading to make some serious profits, or just keen to dabble a little on the side, here are some of our top tips for how to make sure that the accounting side of your ventures stays compliant and doesn’t land you into trouble with the taxman.

Bitcoin Surges Above $70,000 Amid Institutional Inflows and Election Optimism Bitcoin has recently surged past the $70,000 mark, and despite the recent 3% dip in the last 24 hours, marking an impressive 11% increase in October. This rise has been fueled by significant institutional investments through U.S.

Bitcoin (BTC) has experienced a robust upward movement recently, rallying by 8.2% over the past week and breaking the $70,000 level to reach a high of $73,000. This marks the first time Bitcoin has hit these heights since June 2024, showing a clear resurgence in bullish sentiment.

Bitcoin Price Targets $68,000 Amid US Jobless Claims Bitcoin is approaching the $68,000 mark after recovering from a recent dip to $65,000, driven by favourable U.S. jobless claims data. The latest jobless claims came in below expectations for the second consecutive week, sparking optimism that the Federal Reserve may cut interest rates again during their November meeting.

In 2020, MicroStrategy made headlines when its Chairman and Co-founder, Michael Saylor, took a bold step by buying Bitcoin as a hedge against inflation and an alternative to cash reserves on the company’s balance sheet. This marked the start of the company’s digital asset strategy, setting a precedent for other businesses.

In recent weeks, Dogecoin (DOGE) has captured the attention of the crypto community, largely due to significant whale activity. One of the most notable recent events was the accumulation of 155 million DOGE, valued at $21.65 million, by a whale through Robinhood Markets.

As more and more people venture into the world of cryptocurrency than ever before, many people are faced with the task of having to correctly list new additional earnings on their tax returns in order to stay within the rules and avoid getting in trouble with HMRC.

Unless you've been hiding under a rock for the past few years, cryptocurrencies and tokenised assets have captured the imagination of retail and institutional investors by storm. Look no further than EY-Parthenon's recent survey of more than 1,000 retail investors, of which, 64% already invest in digital assets or related products, whilst another survey has shown that 51% of institutional investors plan to invest in mutual funds/ETFs tied to crypto in 2–3 years.

Bitcoin Price Nears $68,000 Amid Bullish Sentiment Bitcoin (BTC) continues its upward trajectory, approaching the $68,000 mark with a recent increase of 1%. This rise reflects strong market sentiment driven by institutional interest and favourable political factors. Donald Trump’s vocal endorsement of cryptocurrency and his declaration that “crypto is the future” have played a significant role in Bitcoin’s climb.