Musician Jonathan Mann’s story of making $3 million from NFTs and losing it all to taxes and a crypto crash serves as a stark reminder of the risks and complexities in the crypto space.
Tag: Bond Investments
NFT Cautionary Tale: Musician’s $3M Crypto Windfall Turns into Tax Nightmare
Musician Jonathan Mann’s experience highlights the risks of navigating crypto taxes and market volatility after his NFT sales led to a hefty tax bill exceeding his earnings.
Stablecoin Regulation as a Bitcoin Catalyst: $150K Target in Sight?
Upcoming stablecoin regulations, particularly the GENIUS Act, are predicted to potentially drive Bitcoin to a cycle peak exceeding $150,000 in 2025. This analysis explores the implications of this legislation.
NFT Tax Nightmare: Musician Loses $3M Crypto Fortune to Taxes and Market Crash
Jonathan Mann, creator of the “Song A Day” project, reveals how a $3 million NFT windfall evaporated due to taxes and the Terra ecosystem collapse, highlighting the risks of crypto taxation and volatility.
Will Stablecoin Regulation Fuel a $150K Bitcoin Rally in 2025?
Upcoming stablecoin legislation, particularly the GENIUS Act, is being eyed as a potential catalyst for a significant Bitcoin price surge, potentially pushing it above $150,000 in the next cycle.