Cryptocurrency investors face increased scrutiny from tax authorities this filing season, with potentially costly consequences for those who misunderstand reporting requirements. The Internal Revenue Service considers every cryptocurrency transaction taxable, even those that don’t involve conversion to dollars. “A lot of people still believe crypto-to-crypto trades aren’t taxable because...

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The institutional adoption of Bitcoin exchange-traded funds (ETFs) has experienced an unprecedented surge in the past 11 months, underscoring a tectonic shift in the way traditional investors interact with digital assets. Bitwise data indicates that the number of institutional holders of US spot Bitcoin ETFs has increased by nearly...

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The DTCC listing of Canary Capital’s Litecoin ETF could pave the way for increased institutional investment in cryptocurrency markets. The post Canary Capital’s Litecoin spot ETF listed on DTCC under ticker LTCC appeared first on Crypto Briefing....

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Strategy executive founder Michael Saylor advocated for a maxi-sized Bitcoin reserve in the U.S. to ensure cyberspace dominance for the next century and bootstrap America’s lending might....