The IRS has finally released their long-awaited tax reporting guidelines for digital assets. This means crypto investors need to get ready, as changes are coming soon. Starting in 2026, brokers will have to report gross proceeds from sales made in 2025 using a new form called 1099-DA. A year later,
Ever visited a website and thought, “Something’s not right here”? That might have been the case for some LEGO fans this weekend. A mysterious banner popped up on the LEGO Shop claiming that the toy giant was diving into the world of cryptocurrency with something called "LEGO Coin." But don't be fool
In the heart of progressive San Francisco, a unique event unfolded on a June evening: a high-stakes Republican fundraiser at venture capitalist David Sacks' mansion. The guest of honor? Former President Donald Trump, who pledged to loosen crypto regulations if elected in November. Trump promised to
Imagine this: the former president who once criticized Bitcoin as a "scam" is now eager to be known as the "crypto president." This shift in Donald Trump's stance is fascinating, especially as the 2024 election approaches. Political spending by the crypto industry has made it a hot topic for both ma
Anthony Scaramucci, the founder of Skyridge Capital, is optimistic about Bitcoin's future. He believes several factors could push the cryptocurrency's price to $100,000 or even higher by the end of the year. Despite recent drops, Scaramucci sees a strong comeback ahead. One reason for Scaramucci's
Hackers have been on a roll this year, stealing twice as much cryptocurrency in the first six months of 2024 compared to the same period in 2023, according to a recent report by TRM Labs. The total loot now stands at a whopping $1.38 billion, with a few massive heists making up most of that amount.
Do you know what Dogecoin is? It’s a type of cryptocurrency, like Bitcoin or Ethereum. But unlike those, Dogecoin started as a joke. Yes, you read that right—a joke! It was based on a popular internet meme featuring a Shiba Inu dog. Now, you're probably thinking, "How does a joke currency make it i
Cryptocurrency and gun manufacturers saw a boost in their stocks after an attempt on former President Donald Trump's life. Trump was not seriously hurt, but the incident had a notable impact on the market. Crypto stocks like Coinbase and Riot Platforms rose between 5% and 8.5%. The stock of Trump's
Bitcoin investors have been buzzing lately. Why? Because some analysts think a Trump win could be great for the cryptocurrency. You see, Trump recently picked Ohio Senator JD Vance as his running mate. Vance is a big fan of crypto, owning at least $100,000 worth of bitcoin himself. This move has giv
Get ready! On Tuesday, July 23, Ethereum ETFs are set to hit the market. These new funds will let investors buy Ethereum, the second most popular cryptocurrency, like regular stocks. The Securities and Exchange Commission (SEC) has given the green light to eight funds that will start trading this da
