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When an investor borrows funds (margin) to trade cryptocurrency, they typically have to pay a fee called “margin interest” for the right to borrow those funds. For tax purposes, margin interest is referred to as an investment interest expense. Investment interest expenses are subject to special tax rules and are deductible only up to your net investment income amount, buy dogecoin with moonpay. For example, say during 2020 Karen generated $3,000 worth of net investment income.
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Market information on 2021-12-24 00:12:23
Market capitalization: $ 2377 billion (+ 4.4%) 🔺 (against $ 2338 billion yesterday morning).
Weighted average Bitcoin rate $50751 (+0.02121437 %) 🔺 with a capitalization of $ 960 billion and a dominance index of 40% Top 30 coins at 2021-12-24 00:12:23
↗️+0.02 Bitcoin BTC $50751.42 $959669071603
↗️+0.08 Ethereum ETH $4102.9 $487687750614
↘️-0.2 Binance Coin BNB $547.29 $91288417546
↗️+0.01 Tether USDT $1 $77626627583
↘️-0.41 Solana SOL $189.31 $58440094763
↘️-1.02 Cardano ADA $1.47 $49094464671
↘️-1.76 XRP XRP $0.99 $47010348621
↗️+0.02 USD Coin USDC $1 $42555350291
↗️+0.18 Terra LUNA $94.12 $34550847077
↘️-0.7 Avalanche AVAX $120.82 $29384641847
↘️-0.88 Polkadot DOT $28.91 $28547552073
↘️-0.42 Dogecoin DOGE $0.18 $24228628714
↗️+1.69 SHIBA INU SHIB $0 $21176594852
↘️-1.12 Polygon MATIC $2.63 $18646558948
↘️-0.15 Crypto.com Coin CRO $0.59 $15005734806
↗️+0.04 Binance USD BUSD $1 $14639156795
↗️+0.02 Wrapped Bitcoin WBTC $50657.01 $13117127781
↗️+0.11 Uniswap UNI $18.11 $11375501855
↗️+0.27 Litecoin LTC $163.64 $11333252896
↘️-0.69 Chainlink LINK $21.96 $10257626815
↗️+0.04 TerraUSD UST $1 $9605316155
↗️+0.07 Dai DAI $1 $9340529370
↘️-0.22 Algorand ALGO $1.46 $9292829159
↗️+8.09 NEAR Protocol NEAR $14.73 $8769668786
↗️+0.15 Bitcoin Cash BCH $455.83 $8631508962
↘️-0.23 TRON TRX $0.08 $8387585693
↘️-0.71 Stellar XLM $0.29 $7061690377
↘️-1.74 Decentraland MANA $3.62 $6599482671
↗️+0.36 Axie Infinity AXS $107.47 $6545836144
↘️-1.49 Cosmos ATOM $28.19 $6377294907
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