Tag: Bitcoinist

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IRS Reveals Preliminary Tax Reporting Form For Digital Assets

The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions The newly released Form 1099-DA, tagged as “Digital Asset

BREAKING: Bitcoin Halving 2024 Is Complete! Here’s What To Expect

Bitcoin has now successfully undergone its fourth halving event, with miners’ block rewards slashed in half again (from 625 to 3125 BTC) The Bitcoin halving (also called “the halvening”) is

By The Numbers: How Much Profits Are Bitcoin Whales & Miners Holding?

Based on on-chain data, here’s how much unrealized profit the various Bitcoin whale and miner groups are holding right now Bitcoin Whale & Miner Profits Compared Across Cohorts In a new

One Project Man? Ripple CTO Clarifies Where His Loyalty Lays

Ripple’s Chief Technology Officer (CTO), David Schwartz, has been addressing some misconceptions and speculations about him This week, the CTO was questioned about his wealth and billionaire status

SEC Vs Justin Sun Case Update: Regulator Provides Additional Information In Lawsuit Against Tron Founder

The United States Securities and Exchange Commission (SEC) has filed new court documents in its ongoing lawsuit against Justin Sun, the founder of the TRON blockchain, and the companies allegedly

As Bitcoin Halves, On-Chain Data Shows That Old Whales And Miners Are Big Winners

As Bitcoin halves and ushers in the fifth epoch in April, Ki Young Ju, the founder of the crypto analytics platform CryptoQuant, has unveiled some interesting profitability statistics for various

Binance CEO Vows Cooperation With Nigerian Authorities In $35M Money Laundering Case

In a recent development, Richard Teng, the CEO of Binance, has confirmed the company’s close cooperation with Nigerian authorities following the detention of its head of financial crime

Shiba Inu Headed Toward Critical Support Threshold With 2 Trillion SHIB Buys

Shiba Inu (SHIB) has established a critical price support level amidst the market-wide downtrend, which has kept crypto prices down This support level has been established thanks to a host of Shiba

Dogecoin Sees Bullish Spike In Volume Despite Fierce Competition From Shiba Inu And Other Meme Coins

Dogecoin has been in a bearish sentiment among investors in the past week that even a tweet from Elon Musk referencing the cryptocurrency earlier in the week failed to do much to cause a price

Ethereum Fees Now Lowest Since January: Is It A Bottom Signal?

On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close Ethereum Transfer Fees Has Plunged As Network Has Gone Cold

Halving Hype Debunked: Binance Founder Says Don’t Fall For This Bitcoin Myth

The air crackles with anticipation as the Bitcoin network hurtles towards its fourth halving event, expected within the next few hours This pre-programmed phenomenon cuts the block reward for miners

Cardano Drops Below Dogecoin On Crypto Top 10 List, Will It Lose 10th Spot To Shiba Inu?

Cardano has been struggling in the market over the last few weeks, completely erasing its gains from March This continuous decline has put the digital asset in a perilous position as it has dropped