The True Cost of Crypto Taxes as IRS Audits Increase
As the new year rings in we are seeing more prevalent IRS action within the crypto space. The IRS has identified a potential 75% non-compliance rate in crypto tax reporting and plans to remedy this through enforcement actions. They have…
How Bitcoin ETFs Reshape The Investment Landscape: ‘Mega-Bullish Longer Term,’ Expert Tells Benzinga
The introduction of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) is more than just a nod to the growing acceptance of cryptocurrencies, it is a fusion of digital innovation with the bedrock of traditional investment. Benzinga gathered expert opinions about how…
5 Mistakes Crypto Investors Must Avoid Or ‘You’ll Likely Lose Money’: Former Ark Invest Pro
Former Ark Invest Crypto Lead Chris Burniske recently took to X, formerly Twitter, to offer his followers five tips about best practices for cryptocurrency investors to follow. Here’s what the Placeholder partner had to say: Read Also: Donald Trump Calls…
Weekly Cryptocurrency News (+Asia Special) | Strong interest in German authorities’ seizure of 320 billion yen worth of Bitcoin and SkyBridge founder’s market forecast
This week’s news We bring you a summary of the crypto asset (virtual currency) news that attracted the most attention over the past week (1/27-2/2). This week, the most popular articles include the seizure of Bitcoin (BTC) by German authorities,…
Bitcoin monthly chart suggests a trend change signal, with a short-term possibility of testing the top price | Contributed by a bitbank analyst
Virtual currency market prices from 1/27 (Sat) to 2/2 (Fri) this week Mr. Hasegawa, an analyst at Bitbank, a major domestic exchange, illustrates this week’s Bitcoin chart and deciphers the future outlook. table of contents Bitcoin on-chain data bitbank contribution…
Bitget BTC halving study: 84% investors predict Bitcoin will hit a new ATH
Bitget’s report reveals that 84% of survey participants predict Bitcoin (BTC) will hit a new all-time high in 2024. About 70% say they have plans to add to their crypto investments as they eye the next bull run. Bitget, one…
Germany’s DZ Bank set to pilot crypto trading
DZ Bank, Germany’s 2nd largest, will pilot crypto trading for cooperative banks. The initiative aims to meet rising customer demand for direct access to cryptocurrencies. DZ Bank’s move reflects a broader trend of traditional banks embracing digital assets amid institutional…
Why I invest in Bitcoin for the long term | CoinDesk JAPAN
I expect the demand for Bitcoin (BTC) to increase for two major reasons, and I believe the price will rise over the next few years. Bitcoin will become a global reserve currency: it will be a borderless, neutral currency that…
BlackRock and ProShares Bitcoin ETF exceeds GBTC in daily trading volume | CoinDesk JAPAN
BlackRock’s IBIT and ProShares’ BITO on the 1st surpassed Grayscale’s GBTC in trading volume for the first time since Bitcoin ETFs (exchange traded funds) were launched in the United States. The daily trading volume was $306 million (approximately 44.37 billion…
Traders prefer Bitcoin even as Ethereum ETF awaits | CoinDesk JAPAN
The current prices of Ethereum and Bitcoin futures indicate that traders expect Ethereum to underperform Bitcoin in the coming months. It remains unclear whether a Spot Ethereum ETF will go live this year, as the U.S. Securities and Exchange Commission…