• Home
  • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFTs
    • Blockchain
    • DeFi
    • AI
    • Policies
  • Market
    • Trends
    • Analysis
  • Interviews
  • Discover
    • For Beginners
    • Tips
  • All Posts
Hot News

Astar Lowers Base Staking Rewards to Mitigate Inflationary Pressure

2025-04-18

Imminent Bitcoin Price Volatility as Speculators Transfer 170K BTC — CryptoQuant

2025-04-18

Spar Supermarket in Switzerland Begins Accepting Bitcoin Payments

2025-04-18
Facebook X (Twitter) Instagram
X (Twitter) Telegram
BlockoalaBlockoala
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFTs
    • Blockchain
    • DeFi
    • AI
    • Policies
  • Market
    • Trends
    • Analysis
  • Interviews
  • Discover
    • For Beginners
    • Tips
  • All Posts
Subscribe
BlockoalaBlockoala
Home » CoinLedger reports that on average, crypto investors made $887 in gains in the year 2023.
Altcoins

CoinLedger reports that on average, crypto investors made $887 in gains in the year 2023.

2024-02-07No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CoinLedger reports that on average, crypto investors made $887 in gains in the year 2023.
CoinLedger reports that on average, crypto investors made $887 in gains in the year 2023.
Share
Facebook Twitter LinkedIn Pinterest Email

CoinLedger, a crypto tax software provider, has revealed that crypto investors made an average of nearly $900 in net gains from selling crypto in 2023. This is a significant improvement from the previous year, which saw billions of dollars wiped out due to the collapse of several crypto firms.

According to CoinLedger’s analysis of data from 500,000 users, the average crypto investor earned $887.60 in realized gains in 2023 as the industry started to recover. Realized gains and losses occur when investors sell crypto at a different price than what they initially acquired it for. In the United States, this is considered a disposal event and is subject to tax.

CoinLedger CEO David Kemmerer believes that these results indicate a possible resurgence in the cryptocurrency market. In 2022, the total crypto market cap plummeted by over $1.5 billion due to collapses in the crypto industry, including the Terra ecosystem, FTX crypto exchange, and crypto lenders Celsius and Voyager.

Ether sales accounted for most of the realized losses in 2022. However, the tides turned in 2023, driven by multiple U.S. bank collapses and optimism surrounding the launch of spot Bitcoin exchange-traded funds, which were eventually approved in January.

CoinLedger noted that the data supports the notion that Bitcoin holders are less likely to sell their coins compared to investors of other cryptocurrencies. The majority of CoinLedger’s users are based in the U.S., making up 80% of the user base, although the data also includes users from Australia, Canada, and other countries.

Overall, the crypto market capitalization significantly increased in the fourth quarter of 2023, signaling a positive trend for the industry.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Astar Lowers Base Staking Rewards to Mitigate Inflationary Pressure

2025-04-18

Imminent Bitcoin Price Volatility as Speculators Transfer 170K BTC — CryptoQuant

2025-04-18

Spar Supermarket in Switzerland Begins Accepting Bitcoin Payments

2025-04-18

Sygnum Predicts Potential Altcoin Surge in Q2 2025 Due to Enhanced Regulations

2025-04-18
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

Astar Lowers Base Staking Rewards to Mitigate Inflationary Pressure

2025-04-18

Imminent Bitcoin Price Volatility as Speculators Transfer 170K BTC — CryptoQuant

2025-04-18

Spar Supermarket in Switzerland Begins Accepting Bitcoin Payments

2025-04-18

Sygnum Predicts Potential Altcoin Surge in Q2 2025 Due to Enhanced Regulations

2025-04-18
Latest Posts

Astar Lowers Base Staking Rewards to Mitigate Inflationary Pressure

2025-04-18

Imminent Bitcoin Price Volatility as Speculators Transfer 170K BTC — CryptoQuant

2025-04-18

Spar Supermarket in Switzerland Begins Accepting Bitcoin Payments

2025-04-18
Blockoala
X (Twitter) Telegram
  • Home
  • News
  • Market
  • Interviews
  • Discover
  • All Posts
Copyright © 2025 Blockoala. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.