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US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency


A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies, smuggling oil, and disguising money...

US IRS Releases New Reporting Guidelines for Digital Assets


The US Internal Revenue Service (IRS) has released updated guidelines for reporting digital assets, clarifying the taxation of non-fungible tokens (NFTs) and stablecoins as well. The IRS’ draft 2022 tax year guide has placed cryptocurrencies, stablecoins, and NFTs into the same category...

Cardano Price Forecast – Is ADA Preparing for a Move Toward $1?


Cardano’s ADA token continues to navigate the current market downturn, with recent developments giving investors hope that it could see a pump in the long term.  But how high can ADA really go?  ADA currently trades at $0.3513, marking an uptrend of 0.46% in the past 24 hours. ADA...

Biggest Movers: DOGE, XRP Rebound Following Recent Declines


Following two days of declines, dogecoin rebounded earlier in today’s session, moving away from a key level of support. The meme coin, which has been hovering close to a one-month low, surged, as bulls seemingly bought the dip. The token formerly known as ripple (xrp) was also higher....

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