In good times, online traders would typically rather see their crypto profits taxed as capital gains to benefit from the 50-per-cent inclusion rate. But during crypto slumps, taxing losses as business income may be preferred.JUSTIN TALLIS/AFP/Getty Images
Clients reeling from the recent slump in the price of bitcoin are in illustrious company.
American Bitcoin Corp. ABTC-Q co-founder Eric Trump – the son of U.S. President Donald Trump – recently backed the company’s mining-and-gathering strategy despite seeing the value of his stake shrink by a reported US$600-million as shares slid more than 95 per cent from their peak in September, 2025.
The recent drop is the latest for the volatile asset after bitcoin…
