Bitcoin Users Face New Tax Rules
PayPal confirms crypto users must report taxes using IRS Form 1099-DA by Feb. 15 annually, starting tax year 2025. #Update #Legal
PayPal confirms crypto users must report taxes using IRS Form 1099-DA by Feb. 15 annually, starting tax year 2025. #Update #Legal
South Korea is considering revoking its “one crypto exchange, one bank” rule to boost competition and deregulate the market ahead of new digital assets legislation. Announcement expected by year-end. #Update #Crypto $BTC $ETH
@Tether_to and Laos-based Bitqik launch an initiative to educate over 10,000 people on bitcoin and stablecoins by 2026 through events and online learning. #Update #Crypto $USDT
@BitmineImmersion secures investor backing to expand share limit, now holding 4.203 million $ETH, 193 $BTC, a $22M stake in Eightco Holdings, and nearly $1B in cash. #Update #Crypto $ETH
DeFi^2 alleges @WorldLibertyFi rigged a governance vote, extracting value from holders, with 500M WLFI tokens moved to Jump Trading. WLFI trades at $0.1608. #Update #Crypto
Japan’s bond market turmoil raises global debt concerns, with Bitwise warning of potential U.S. fiscal strain as borrowing costs rise. #Update #Finance
Bitcoin ($BTC) shows bullish signals as Hash Ribbons indicate a buying opportunity amid miner recovery, while the Fear and Greed Index suggests potential price rallies; $90K remains crucial support. #Update #Crypto $BTC
Bitcoin faces volatility as tariff threats loom, potentially driven by ‘invisible hands’ in the market. Significant price swings expected. #Update #Crypto $BTC
The Louisiana State Employees Retirement System holds 17,900 shares of Strategy (MSTR) worth over $3 million, linked to Bitcoin exposure. #Update #Crypto
CryptoQuant identifies a “golden cross” in Bitcoin’s Fear and Greed Index, with the 30-day moving average surpassing the 90-day for the first time since May 2025, potentially signaling a bullish trend. #Update #Crypto $BTC
The 10-year U.S. Treasury yield rises to 4.27%, a four-month high, increasing global borrowing costs and putting pressure on bitcoin and stocks. #Update #Crypto $BTC
South Korea’s customs authority dismantled a $101M crypto laundering operation involving three Chinese nationals; case highlights enforcement-led oversight of cross-border crypto flows. #Update #Legal
Bitcoin holders are experiencing their first 30-day stretch of realized losses since late 2023, as rising geopolitical tensions and trade-war fears drive investors towards safer assets like gold. #Update #Crypto $BTC
Bitcoin dips below $91,000 amid cautious sentiment as altcoins like $SOL, $XRP, and $ADA experience weekly losses. #Update #Crypto $BTC