Search
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days
3.1.2024
A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. “If you don’t file a report within...
Crypto Investors Beware: IRS Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect
2.1.2024
The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptocurrency brokers report personal information on digital asset transactions over...
XRP Price Prediction as Trading Volume Spikes to $2 Billion – Are Investors Flocking to XRP?
2.1.2024
XRP (XRP) Chart / Source: Investing.com XRP (XRP) trading volumes have picked up again following a subdued few days due to New Year’s celebrations, clocking in at around $2 billion in the past 24 hours, as per CoinGecko. That’s roughly in line with, if not a little bit above, average trading...
AI Crypto Assets Skyrocket 540% in Under a Year, Hitting $7 Billion Market Cap
2.1.2024
The sector of crypto economy dedicated to artificial intelligence (AI) has been expanding steadily, and in the past 34 days, since Nov. 29, 2023, the market capitalization of AI-focused crypto assets has surged by $1.75 billion. A majority of the leading ten AI tokens experienced substantial...
Who Has the Best Bitcoin ETF? BlackRock’s Fee Still A Mystery
2.1.2024
Source: DALL·E Trillion-dollar asset managers are eyeing approval for their Bitcoin (BTC) ETF products within days, and all are competing to seize market share at the opening bell. One major area of competition relates to management fees – the annual cost imposed by funds to handle the BTC backing...
Solana Price Prediction as $2.2 Billion Trading Volume Comes In – Can SOL Overtake Binance Coin?
1.1.2024
The Solana (SOL) bulls are regaining control as trading volumes start picking up again at the start of 2024. As per data presented by Yahoo Finance, $2.2 billion in spot SOL/USD trading volumes changed hands on Monday, up sharply from the low volumes of around $1.7 and $1.8 billion seen over...
Ethereum Price Prediction as Bulls Hold $2,200 Level – Next Leg Up Starting Soon?
1.1.2024
Source: AdobeStock Ether (ETH), the native cryptocurrency of the layer-1 smart contract-enabled Ethereum blockchain, is pushing higher on the first day of 2024, up around 2% in the past 24 hours and trading in the mid-$2,300s, as per CoinMarketCap. In recent days, Ether has been able to hold to...
The Big List: Charities Embracing Change with Bitcoin and Cryptocurrency Donations
30.12.2023
Source: Pexels Charitable giving occurs year round, yet end of year donations especially tend to resonate with donors. Recent statistics from digital marketing agency Nonprofits Source found that 30 percent of annual giving occurs in December. Findings further show that 10 percent of annual giving...
The Big List: Charities Embracing Change with Bitcoin and Cryptocurrency Donations
30.12.2023
Source: Pexels Charitable giving occurs year round, yet end of year donations especially tend to resonate with donors. Recent statistics from digital marketing agency Nonprofits Source found that 30 percent of annual giving occurs in December. Findings further show that 10 percent of annual giving...
Bitcoin SV Price Prediction as BSV Doubles in 7 Days – What’s Going On?
30.12.2023
Bitcoin SV (BSV/USD) is experiencing a remarkable surge in the cryptocurrency arena. As of December 30, the digital currency is priced at an impressive $97.90, reflecting a significant 10.87% rise within a 24-hour span. This leap has propelled Bitcoin SV to the 42nd spot on CoinMarketCap, supported...
OKX Crypto Exchange Announces Plans to Delist Privacy Coins in 2024 – What’s Going On?
29.12.2023
Source: AdobeStock / Krakenimages.com Crypto exchange OKX will delist eight privacy-focused coins in a few days. These include monero (XMR), zcash (ZEC). and dash (DASH), among others. According to the press release, besides the above-mentioned XMR, ZEC, and DASH, the move will also affect...
Is It Too Late to Buy Bitcoin SV? BSV Price Rallies 80% as MK Token Approaches $5 Million
28.12.2023
The Bitcoin SV price has rallied powerfully for the past two days but faces technical resistance, while the Meme Kombat presale nears $5 million raised. Image by Fareed Mindalano, DALL-E 3. Bitcoin SV (BSV) has been one of the biggest beneficiaries of the recent bullish sentiment...
Spot BTC ETF May Reach $3 Billion in Initial Post-Launch Days, Trading Broker Says + More News
28.12.2023
Source: AdobeStock / Michael Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Demand for Spot Bitcoin ETF May Reach $3 Billion in Initial Post-Launch Days, Trading Broker Says XRP Healthcare...
BNB Surges 11% to Overtake Solana as Community Welcomes Sleepless AI
28.12.2023
BNB surges 11.16% to move past Solana (SOL) in market capitalization, sparking several sentiments from traders and igniting a new altcoin push. The last days of the year have seen multiple assets making uphill movements as bulls set sights on good positions before the new year with more...
Digital Asset Products Record $103 Million Inflows as Assets Under Management Maintains $52 Billion Position
28.12.2023
Source: Adobe / Luisa Cryptocurrency funds recorded $103 million inflows in the penultimate week of the year as institutional investors keep momentum toward a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). Recent data provided by CoinShares shows massive inflows...
SEC Sets Deadline for Spot Bitcoin ETF Applicants — 3 Days Left to Update Filings for Early January Decision
27.12.2023
The U.S. Securities and Exchange Commission (SEC) has reportedly set a deadline of Dec. 29 for spot bitcoin ETF applicants to finalize their filing amendments. According to reports, the SEC has told spot bitcoin ETF issuers that applications that are fully updated and filed by this Friday will...
Bitcoin Closes 2023 With 27 Dynamic Difficulty Adjustments, Netting a 74% Rise in Mining Challenges
27.12.2023
Three days ago, on Dec. 23, 2023, Bitcoin marked its 27th and final difficulty adjustment for the year. This year witnessed 27 shifts in epochs, with the most substantial one on Jan. 15 at block 772,128, seeing a surge in network difficulty by 10.26%. Bitcoin’s Year: 20 Ups, 7 Downs Total...
FixedFloat Marks 5 Years with 1.5 Million Exchanges and Mobile App on the Horizon
25.12.2023
As the days of 2023 wind down, FixedFloat, the leading non-custodial automated exchanger, takes a moment to reflect on a year filled with milestones, growth, and community engagement. In this comprehensive review, we share our journey through statistics, highlight key achievements, and offer...
Mina Protocol Price Prediction as MINA Up 81% YTD – Going Higher in 2024?
22.12.2023
Source: Dall•E 3 The Mina Protocol price has fallen to $0.872462 today, representing a 6% drop in 24 hours as the wider market gains by 1%. Despite this dip, MINA remains up by a healthy 13% in a week and by 42% in the last 30 days, with the altcoin also having risen by 81% […]
The post Mina...
Solana Price Prediction as Trezor Wallet Adds Support for SPL Tokens – Adoption on the Rise?
21.12.2023
Source: Dall•E 3 The Solana price has surged by 15% in the past 24 hours, rising $87.94 after Trezor announced that its wallet would support the altcoin. Today’s rise means that SOL is now up by 20% in a week and by 56% in the last 30 days, with the token also sitting on a […]
The post...