Donald Trump pledged to make the U.S. a leader in digital currencies after gaining high-profile crypto endorsements while promising to replace the SEC chair if elected.
Tags: Cryptocurrency
Crypto Tax Compliance Tightens With Transactions to be Reported to IRS for First Time
Starting in 2025, the IRS will receive reports on crypto transactions from centralized exchanges like Coinbase, with tax reporting on the 1099-DA form.
Bitcoin Climbs 8% in December, Reaches All-Time High of $106,509
Bitcoin reached a new high above $106,000 as investors anticipate a Federal Reserve interest rate cut, with Ethereum and the broader crypto market also seeing gains.
US Hacker Gets 5-Year Prison Sentence Over Record-Breaking $4.5 Billion Bitcoin Theft
A US hacker and his wife were convicted of laundering $4.5B in Bitcoin stolen from the 2016 Bitfinex hack, using fake identities, crypto swaps, and gold purchases.
Bitcoin Blasts Past Record-Breaking $82K as Trump's Win Sends Crypto Soaring
Bitcoin surged to a record $82,000 as Trump's pro-crypto stance fueled investor confidence in a favorable regulatory environment.
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The messaging app Telegram has reached 950 million active users and is expected to have a billion by the end of this year.
A former Texas businessman has fallen victim to a crypto scam, losing nearly $300,000 of his retirement savings.
Bitcoin dropped 5.2% to $54,313 due to concerns over Mt. Gox's $8-9 billion Bitcoin repayment and other market sentiments that have contributed to increasing market supply and volatility.
A Colorado man was sentenced after pleading guilty to stealing millions of dollars in cryptocurrency from a woman in Pennsylvania.
Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
Silvergate Bank agreed to pay $63 million to settle state and federal investigations following the collapse of crypto exchange FTX.
The US Department of the Treasury and the IRS have finalized regulations requiring brokers of cryptocurrency assets to report gross proceeds from sales starting in 2026.
A recent YouTube Live broadcast used a deepfake of Elon Musk to promote a crypto scam. A recent YouTube Live broadcast used a deepfake of Elon Musk to promote a crypto scam.
