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New IRS Guidance Spares Strategy From 15% Tax on Unrealized Bitcoin Gains
Interim IRS guidance lifts Strategy’s outlook by removing expected 15% tax exposure on unrealized bitcoin gains, strengthening earnings potential and reinforcing momentum from its massive cryptocurrency holdings. New IRS Guidance Frees…
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Bit Digital Moves to Raise $100M for Ethereum Purchases
TLDR:
Bit Digital is seeking $100M through convertible notes due 2030, with funds directed toward Ethereum purchases.
The company may allow underwriters to buy an extra $15M in notes to cover over-allotments.
Proceeds from the…
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Bitcoin Tops $114K, Altcoins Follow. Are New Highs Incoming?
Key points:Bitcoin could challenge the $117,500 level if buyers secure a daily close above $114,000.Altcoins are trying to start a relief rally, but are still expected to face selling at higher levels.Bitcoin (BTC) extended its recovery…
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10 Promising Signals for the Crypto Market in October
Uptober is just one day away, and optimism is running high for Bitcoin (BTC) and the broader crypto market.
As the industry enters the tenth month of the year, the alignment of 10 key internal, macro, technical, and on-chain signals…
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Bitcoin taker buy volume drops to 2024 lows as sellers dominate
Key Takeaways
What does Bitcoin’s declining Taker Buy Volume suggest?
It signals weak demand and increased caution among buyers, risking a trend reversal.
Which groups are driving the selling pressure on Bitcoin?
Sharks and retail…
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Will M Token Smash Through $3 in the Next 24 Hours?
Memecore (M) has grabbed the spotlight today with a sharp price surge, drawing the attention of traders eyeing its next major milestone. After days of volatile movement, the M token has shown strong upward momentum, sparking speculation…
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‘It’s a Generational Opportunity:’ SEC’s Crypto Pivot Could Supercharge…
Paul Atkins' roadmap for public blockchains could unlock trillions, and Hougan said that he sees huge upside in DeFi and tokenization plays.
The US Securities and Exchange…
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Chainlink Integrates with SWIFT to Let Funds Process Transactions Onchain
Blockchain oracle provider Chainlink announced one of the first products from a pilot with UBS Asset Management and Swift, the global financial messaging network, designed to let banks trigger onchain transactions using their existing…
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Spot Ether ETFs see five-day outflow streak amid 10% price drop
Ether ETFs post $795.8M outflows over 5 days…
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Whales Offload as Key Support Level Approaches
DOGE’s price is down by roughly 15% in the past week.
TL;DR
Dogecoin whales have resumed their selling spree, which could spell even further trouble for the…
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