Exchanges reporting crypto gains to IRS becomes tax nightmare
The IRS can now see your crypto gains, but has no idea about the cost-basis. That’s proving to be a big headache for some cryptocurrency investors.
The IRS can now see your crypto gains, but has no idea about the cost-basis. That’s proving to be a big headache for some cryptocurrency investors.
The Fed is preparing to raise asset thresholds that trigger tougher bank regulation, according to Reuters. The highest threshold could rise from $700 billion to around $960 billion, while some requirements currently sta…
The analyzed Safari sample targets iOS 18.4–18.6.2 using previously patched flaws, while its effectiveness on iOS 26.5 remains unverified.
Institutional interest in prediction markets has not been in doubt for a while. JPMorgan's Jamie Dimon told CBS in April that the bank was weighing an entry, while describing most of the activity as closer to gambling t…
The Euro (EUR) remains practically flat, just below three-month highs against the British Pound (GBP) on Friday, despite the downbeat German consumer confidence data released earlier in the day. The EUR/GBP pair stands …
Stellar (XLM) is an open-source, enterprise-focused Layer-1 blockchain designed to support fast, low-cost global payments. Launched in 2014 by Jed McCaleb, Stellar aims to connect banks, payment providers and digital wa…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.15 in the early European trading hours on Friday.
The price of the US benchmark West Texas Intermediate (WTI) barrel has stabilised above $91.00 on Friday, with the reversal from Thursday’s highs, near $96.00, losing momentum. Ongoing hopes that the US-Iran contacts wi…
Yuga Labs’ 0xQuit said the NFTs are safe and will be returned once the risk passes, while holders were urged to revoke NFT permissions.
The Reserve Bank (RBNZ) has held its benchmark official cash rate (OCR) unchanged at 2.25 percent, as it forecast inflation to break above 4 percent but said it did not want to hurt the economic recovery.
The latest rebalance of VettaFi’s Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP-1 weight loss drug…
About $350 million was stolen from Bitget on September 24, according to CEO Gracy Chen. She said the exchange can absorb the loss and handle a potential surge in withdrawals when they resume. Chen compared Bitgetâs re…
Japanese Finance Minister (FM) Satsuki Katayama stresses on Bank of Japan’s (BoJ) independence while speaking during the European trading session on Friday. This is the second time in the day when Katayama has delivered…
Bitwiseâs NEAR ETF has been cleared to list and trade on NYSE Arca under the ticker NRR, with its S-1 registration effective under Section 12(b) of the Exchange Act. The ETF will provide exposure to NEAR and plans to …
US spot Bitcoin ETFs drew $191 million Thursday as daily inflows slowed for a third day, lifting year-to-date net flows to $787 million.
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Friday after a vertical sell-off in the last two trading days. In the European trade, the Aussie pair is slightly higher to near 0.7020 after findi…
Bitcoinâs rally has coincided with heavy BTC outflows from Binance. The exchange recorded more than 13,800 BTC in net outflows in a single day, its largest since 2023. Over four days, Binanceâs BTC reserves fell fro…
The post Algorand (ALGO) Price Prediction 2026, 2027 – 2030: Will ALGO Price Hit $0.5? appeared first on Coinpedia Fintech News
Russia's revenue from oil and gas has plunged recently, putting further pressure on Moscow to end its war in Ukraine.
Europe’s benchmark natural gas prices jumped by 4% at trade open in Amsterdam on Thursday, as the United States and Iran remain distant on how to end the war and put an end to the blocked LNG shipments at the Strait of …
Shielded Bitcoin would use zero-knowledge proofs and encrypted notes to hide transaction details without changing Bitcoin consensus, but researchers have raised questions about anonymity and quantum resistance.
Litecoin price broke past $70, backed by a rise in volume and indicators flipping bullish, signalling strengthening momentum
USD/JPY halts its five-day winning streak, trading around 158.10 during Asian hours on Friday. The currency pair depreciates as the Japanese Yen (JPY) gathers support. Market participants are remaining on high alert, an…
The Federal Reserve’s latest 25 basis point rate hike is rippling through markets far beyond what the size of the move suggests. According to The Kobeissi Letter, Fed Chair Kevin Warsh signaled the central bank remains …