Crypto Holders Face Tricky Tax Situations as US Taxes Due Next Week – Here's What You Need to Know
Crypto investors in the US are finding themselves in tricky tax situations, with many of them still struggling with losses from last year’s market downturn and the many bankruptcies that occurred. For this year’s taxes,...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
For this year’s taxes, the Internal Revenue Service (IRS) has made adjustments to its income tax form to be more explicit about what counts as crypto holdings....
Read More: Crypto Holders Face Tricky Tax Situations as US Taxes Due Next Week – Here's What You Need to Know
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ethereum Price Prediction: ETH Outpaces the Market as Crypto Rebounds
Ethereum is outperforming the crypto market, rising by almost 3% over the past 24 hours to just a notch under $2,500 as digital as...
XRP has failed to make holders rich like bitcoin and ether. Here’s why
XRP remains below its 2017-cycle high while bitcoin, ether and other major tokens have surged, enriching their holders.
Orbs – DeFi’s Next Big Users Are Banks and Bots
Why you should listen Ran came to crypto the way many lawyers of his generation did. In 2015 a university friend and future Orbs c...
XRP Price Drops, But ETF Defies Crypto Bloodbath as Bitcoin and Ethereum Funds Bleed
US spot XRP ETFs recorded about $740,000 in net inflows even as the coin lost 6% of its price over 24 hours. Bitcoin, Ethereum, So...
Crypto Regulation: Firms Face AI Controls Before Dedicated Rules Arrive
In crypto regulation news, the rise of AI has led financial supervisors to shift from broad concern to concrete expectations for h...
Russia Crypto: Diesel Deal Falters as Zelensky Resumes Refinery Strikes, What Now for Oil Bitcoin?
In Russia crypto news, Donald Trump’s announced plan to release 300,000 tonnes of Russian diesel to the US and global markets face...