Business

The Parity Act will exempt small crypto purchases and apply wash sale rules

Business / Leave a Comment

A bipartisan duo in the US House of Representatives is circulating a draft bill that would streamline tax rules for investors, traders and developers by explaining how they would handle reporting their taxes on stakes, low-value transactions and wash sales. Representatives Max Miller of Ohio and Steven Horsford of Nevada unveiled the Digital Asset Protection, […]

The Parity Act will exempt small crypto purchases and apply wash sale rules Read More »

BlackRock names bitcoin ETF a top 2025 theme despite price decline

Business / Leave a Comment

BlackRock named its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) as one of the top three investment themes for 2025, a striking move given bitcoin BTC$89,127.04 slide this year. The firm placed IBIT alongside two more traditional offerings: the iShares 0-3 Month Treasury Bond ETF (SGOV) and the iShares Top 20 US Stocks ETF (TOPT).

BlackRock names bitcoin ETF a top 2025 theme despite price decline Read More »

Filecoin (FIL) price is rising after breaking above the $1.29 resistance zone

Business / Leave a Comment

Filecoin FILE$1.3164 advanced 4.3% to $1.32 over 24 hours as institutional flows pushed the token through critical resistance levels. The advance unfolded over a controlled $0.06 range, establishing clear upside momentum that traders positioned for extended gains, according to CoinDesk Research’s technical analysis model. The model showed the volume confirmation arriving at midnight UTC with

Filecoin (FIL) price is rising after breaking above the $1.29 resistance zone Read More »

The clock is ticking for crypto tax loss collection

Business / Leave a Comment

Tax season is approaching, and with only a sliver of 2025 remaining, investors now need to revisit tax and accounting strategies that support their overall financial health. In December, a small adjustment can mean significant benefits. With crypto investments continuing to gain traction among retail investors over the past few years, crypto tax reporting and

The clock is ticking for crypto tax loss collection Read More »

Prediction markets beat Wall Street in forecasting inflation, Kalshi says

Business / Leave a Comment

Prediction market traders consistently beat professionals in forecasting inflation, especially when readings deviate from estimates by a larger amount, according to a study by prediction market Kalshi. By comparing inflation forecasts on his platform to Wall Street consensus estimates, Kalshi found that market-based traders were more accurate than conventional economists and analysts over a 25-month

Prediction markets beat Wall Street in forecasting inflation, Kalshi says Read More »

S&P 500’s Santa Tradition Gives Hope to Battered Bitcoin (BTC) Bulls

Business / Leave a Comment

Bitcoin BTC$90,068.51 experienced its toughest fourth quarter since 2022, but a time-honored Wall Street pattern may soon bring relief to battered BTC bulls. That pattern is the S&P 500’s tendency to produce a Santa Claus rally — a rally during the last five trading days of December and the first two of January. A repeat

S&P 500’s Santa Tradition Gives Hope to Battered Bitcoin (BTC) Bulls Read More »

BTC Price Finds Its Legs As Gold Rises To Another Record: Crypto Daybook Americas

Business / Leave a Comment

By Omkar Godbole (All times ET unless otherwise noted) The week has gotten off to a positive start with bitcoin BTC$90,151.98 up more than 1% to $89,800, nearing the upper end of the recent week-long play between $85,000 and $90,000. Overhead supply between $92,000 and $95,000 remains a key hurdle for the bulls to overcome,

BTC Price Finds Its Legs As Gold Rises To Another Record: Crypto Daybook Americas Read More »

Bullish bitcoin (BTC) plays on Bitfinex swell to highest since early 2024

Business / Leave a Comment

The number of bullish bitcoin BTC$89,761.33 bets raised with borrowed funds continue to rise on Bitfinex, one of the oldest cryptocurrency exchanges. The so-called margin-long positions have risen to around 72,700 BTC, the highest since February 2024, according to data source TradingView. The figure has risen from around 55,000 BTC since October, indicating a sustained

Bullish bitcoin (BTC) plays on Bitfinex swell to highest since early 2024 Read More »

$27 billion worth of bitcoin and ether options set to reset at year-end

Business / Leave a Comment

The crypto market is gearing up for a massive structural reset on Friday with billions of dollars worth of bitcoin BTC$89,790.13 and ether ETH$3,037.84 settings set to expire on Deribit. This colossal “Boxing Day” event, named after the holiday observed in many countries on December 26, will see $23.6 billion in bitcoin options and $3.8

$27 billion worth of bitcoin and ether options set to reset at year-end Read More »

Scroll to Top