IRS Shares New Crypto Tax Form, Invites Industry Input
The IRS’ new U.S. crypto tax regime will begin to go into effect for 2025 taxes, though some controversial aspects remain to be worked out.
Financial
Financial
Financial
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
Financial
Bitcoin’s 12% Price Rally on Thursday Was The Biggest Since February 2022
Risk assets stabilized as upbeat weekly U.S. jobs veri eased recession concerns.
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First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target
The latest price moves in crypto markets in context for Aug. 9, 2024.
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Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
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Coinbase Takes Aim at CFTC’s Definition of ‘Gaming’ in Proposed Prediction Market Rules
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
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Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
Ionic Digital’s former accountant, RSM, has severed ties with all crypto audit clients, the mining firm said.
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Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
Crypto investment fund Off the Chain Capital Management was among the investors in a private placement that funded the bitcoin purchase.
Financial
A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It
The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.
Financial
Bitcoin Nears $60K as Crypto Bounce Accelerates, But Recovery Might Be Choppy
While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday’s crash, one observer noted.