Doing crypto taxes this year is going to suck. For the past decade, the IRS has treated cryptocurrency as property rather than currency, treating every sale and exchange as a taxable event. Despite blockchains being public ledgers, tax compliance rates have always been low. The gap between what the IRS expects and what crypto users […]
The crypto tax account is here Read More »
Wall Street analysts are betting that BitGo’s push into full-service institutional crypto financing will not only promote long-term growth, but also position the company as a prime acquisition target for traditional financial firms. Compass Point analyst Ed Engel, who has a buy rating on the stock, wrote that the firm’s services could be attractive to
Crypto depository BitGo is a potential acquisition target for Wall Street, analysts say Read More »
The results were especially notable given the struggles of peers Robinhood and Coinbase.
Gemini Space Station Inc. (GEMI) is parting ways with three top executives, including its chief operating officer (COO), chief financial officer (CFO) and chief legal officer (CLO), the exchange disclosed in a filing on Tuesday. COO Marshall Beard, CFO Dan Chen and CLO Tyler Meade are all leaving effective immediately, according to the filing. Beard
White House Backs Digital Asset Market Clarity Act – Bloomberg
White House Backs Digital Asset Market Clarity Act – Bloomberg Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1979.83, down 0.3% (-5.15) since 4 PM ET Monday. Thirteen of the 20 assets are trading higher. Leaders: APT (+1.6%) and AAVE (+1.5%). Laggards: BCH (-2.2%) and XRP (-1.5%).
Bitcoin Cash (BCH) falls 2.2%, leading index lower Read More »
Strategy (MSTR) continued its usual bitcoin buying this past week, adding 2,486 BTC for $168.4 million. The company’s holdings are now 717,131 bitcoins acquired for $54.52 billion, or an average of $76,027 per coin. Bitcoin’s current price sits at $68,000, giving the company a loss of about $8,000 per coin, or a total of about
company added 2,486 bitcoin last week Read More »
Italian banking giant Intesa Sanpaolo disclosed $96 million in bitcoin ETF holdings and a significant option position tied to Strategi shares, along with minor crypto-linked exposure. In a 13F filing for the quarter ending December 2025, the bank lists five spot bitcoin ETF positions, including $72.6 million in the ARK 21Shares Bitcoin ETF and $23.4
By Omkar Godbole (All times ET unless otherwise noted) A new Bitcoin Improvement Proposal, BIP-110, which seeks to curb spam-like data clogging the blockchain, is facing backlash from some industry leaders who argue it risks damaging the network’s reputation more than spam itself. BIP-110 is a “soft fork,” a type of upgrade that works seamlessly
Bitcoin improvement proposal to block spam draws heat from heavyweights Read More »
The crypto market continued to show weakness on Tuesday morning, largely following a tech sell-off across US stocks and a correction in the price of precious metals. Bitcoin is trading at $68,000, down 1.25% since midnight UTC, while Nasdaq futures and gold lost 0.55% and 2.4%, respectively, over the same period. Altcoins also lost ground
