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Bitcoin buyer dominance at $111K suggests 'another wave' of gains


Key points:Bitcoin buyer interest remains strong at all-time highs, contrasting with the first touch of $100,000 in 2024.The BTC price uptrend “may continue” as a result, CryptoQuant analysis concludes.Bitcoin short-term holders are firmly in the black in a further potential bull market...

Bitcoin buyer dominance at $111K suggests 'another wave' of gains


Key points:Bitcoin buyer interest remains strong at all-time highs, contrasting with the first touch of $100,000 in 2024.The BTC price uptrend “may continue” as a result, CryptoQuant analysis concludes.Bitcoin short-term holders are firmly in the black in a further potential bull market...

Binance CEO Warns of Missed Bitcoin Gains, Cites 5-Year Rally Wake-up Call


Governments worldwide are waking up to a massive missed opportunity as bitcoin’s explosive rally shows early crypto adoption could’ve slashed deficits and built sovereign wealth, says Binance’s CEO. Governments Could Have Slashed Deficits Using Bitcoin, Says Binance’s CEO Binance CEO Richard Teng...

Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO


Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering.ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before...

How to handle crypto trading gains and losses on your balance sheet


Key takeawaysProperly accounting for crypto assets on your balance sheet is essential for accurate tax reporting and financial transparency.Crypto trading activities should be recorded like stock trading, at fair market value on the day of purchase.In some countries, like the US, crypto losses...

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