Tag: Crypto

IRS Delays New Crypto Tax Reporting Rules Until 2026

The US Internal Revenue Service (IRS) announced a one-year delay in the implementation of new tax reporting requirements for cryptocurrencies. It is now set to take effect on 1 January 2026. The postponement gives brokers more time to adapt to the regulations, which focus on determining the cost basis...
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NFT Sales Surge Past $8.8 Billion in 2024, Exceeding 2023 by $100 Million

Non-fungible tokens (NFTs) closed 2024 on a strong note, with annual sales surpassing $8.83 billion, according to data from CryptoSlam. This marks a 1.1% increase over the $8.7 billion recorded in 2023, suggesting a modest but notable recovery for the digital collectibles market. Ethereum and Bitcoin led the charge...
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BlackRock’s Spot Bitcoin ETF Saw Over $37 Billion in Net Inflows in 2024

BlackRock’s iShares Bitcoin Trust (IBIT) emerged as the dominant player in the cryptocurrency exchange-traded fund (ETF) market, recording over $37 billion in net inflows in 2024, according to data from Farside Investors. Fidelity’s Wise Origin Bitcoin Fund (FBTC) secured the second spot at nearly $12 billion in net inflows....
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Don’t Miss These 3 Bold Predictions For Crypto In 2025!

The cryptocurrency market continues the race against time as it prepares for the upcoming year that is 2025. This year will mark the introduction of several unprecedented milestones and transformations as per the forecasts made by industry experts. The recent comments made by analysts visualize a crypto landscape that...
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What Does January 2025 Mean For The Crypto Market?

The cryptocurrency market is gearing up for a pivotal month as January 2025 ushers in significant political, economic, and technological changes. From potential policy shifts under the Trump administration, to anticipated breakthroughs in crypto asset performance and industry innovation, the landscape promises to be dynamic and transformative! 2024 was...
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Vietnamese Police Prevent $1M Crypto Scam Targeting 300 Victims

The Hanoi City Police Department has thwarted a crypto scam targeting 300 potential victims and defrauding approximately 30 billion Vietnamese dong ($1.17 million) from over 100 businesses – what’s going on with the latest Vietnam crypto scam? Authorities apprehended individuals associated with Million Smiles, a fraudulent company promoting an...
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  • bitcoinBitcoin (BTC) $ 88,102.00
  • dogecoinDogecoin (DOGE) $ 0.210969
  • litecoinLitecoin (LTC) $ 128.11
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • pepePepe (PEPE) $ 0.000008
  • bellscoinBellscoin (BELLS) $ 0.158838
  • bitcoinBitcoin (BTC) $ 88,102.00
  • dogecoinDogecoin (DOGE) $ 0.210969
  • litecoinLitecoin (LTC) $ 128.11
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • pepePepe (PEPE) $ 0.000008
  • bellscoinBellscoin (BELLS) $ 0.158838