The NFT market, which had reached an all-time peak earlier this year with boom-time fervor and valuations, has come crashing down in recent months. As the market cools, a crucial lesson emerges: tax compliance is not optional, even in the decentralized digital realm. Waylon Wilcox’s case serves as an important...
The practice recently motivated a 45-year-old NFT trader to plead guilty to tax evasion. He neglected to report over $13 million in income he made on trading non-fungible tokens (NFTs). This case signals the Internal Revenue Service’s (IRS) increased scrutiny toward trading in digital assets. It illustrates their deep desire...
The cryptocurrency landscape has been a raucous period of technological advancement and speculation, frequently overshadowed by a cloud of regulatory fog. Now that Paul Atkins has been confirmed as the new Chair of the Securities and Exchange Commission (SEC), what next? Will sunnier days be in store for the marketplace?...
Brad Garlinghouse, the CEO of Ripple, has a brash forecast when it comes to Bitcoin’s fate. He argues that achieving a price point of $200,000 is “not unreasonable." This forecast comes at a time when regulatory environments are changing and institutional interest is increasing. Moreover, macroeconomic factors are recently coming...
Initia is causing big waves in the crypto community, especially as its Token Generation Event (TGE) draws closer. For investors eyeing this new entrant, understanding the potential price movements before and after the TGE is crucial. We’ll treat this article as your full-blown travel guide. It explores market dynamics, team...
Let's talk about BexBack. As new crypto derivatives platforms enter the fray, they attract attention with flashy promises of convenient access and monumental returns. 100% deposit bonus! $50 welcome gift! 100x leverage! No KYC! Sounds like a dream, right? Particularly when the old system of finance shuts out so many....
The Department of Justice's (DoJ) recent decision to effectively disband the National Cryptocurrency Enforcement Team (NCET) isn't a setback. It's a necessary course correction. It's not about letting criminals run wild. It's about recognizing that innovation thrives in sunlight, not under the suffocating blanket of regulatory overreach. Think of it...
Senate Democrats, led by figures like Durbin and Warren, are pushing for the DOJ to revive the National Cryptocurrency Enforcement Team (NCET). Their reasoning you ask? A laissez faire attitude towards crypto is leaving the keys to the criminal playground. Is more government always the answer? Aren’t we ignoring the...
Avalanche, a fast, low-cost and highly flexible Layer-1 blockchain platform, is quickly revolutionizing the decentralized finance (DeFi) and Web3 ecosystem. What makes Avalanche different is its unique combination of speed, scalability and performance. Combined with its transaction costs—which are remarkably low—Flare has become a favored choice of developers and users....
Alabama is taking a deep plunge into cryptocurrency with SB282 and HB483. Together, these bills would make the state a more attractive place for digital assets to set up shop. These are good bills to limit property tax exemptions for some digital assets. They show the increasing momentum for blockchain...
XRP is one digital asset that’s gotten the attention of many investors, experienced and inexperienced. It has taken its hits in the crypto world. After a recent 30% decrease, XRP investors are looking for the catalyst that will allow the asset to dance towards the $1.00 mark and beyond. Hiroshi...
Meanwhile, a number of analysts are sounding alarms for what could be a difficult Q3 for bitcoin. They’re pointing fingers at the combination of reckless retail investors seeking revenge on all-time-highs and Ethereum’s unexpected resurgence. The real story, the one with the power to make or break Bitcoin's next few...
You see the headlines, right? "Crypto's surging!" "Ethereum nearing $2,800!" Everyone's getting excited about the upcoming inflation data, hoping it'll be the green light for another bull run. Before you dump your hard-earned dollars into what looks like the golden goose, pump your brakes for a second. This rally could...
So, crypto's on the upswing again, huh? ETH teasing $2800, alts going crazy. It’s 2021 again! And lo and behold, it’s all hanging on the next inflation report. This is where my gut begins to churn, and yours should as well.Data Euphoria Or Fool's Paradise?Let's be blunt: This rally isn't...
Ethereum is rocking the crypto world right now! On June 11, it jumped above $2,850, thanks in large part to a remarkable 14.6% weekly spike. This bullish breakout from a month-long price consolidation indicates that positive investor sentiment has returned. Token ATH! is here to go boom on the reasons...
Look, I've seen things. Having survived one bubble I was eager to watch the second dot com bubble inflate and burst like a cheap balloon. For crying out loud, I can still remember the tulip mania! Now, I’m hardly the one to raise an eyebrow at the idea of “SHIB...
Cryptocurrency isn’t known for its stability, but rather for its dramatic price volatility and the opportunity to earn life-changing wealth. None of that encapsulates this excitement more than Shiba Inu (SHIB). At Token ATH!, we keep our finger on the crypto pulse, tracking everything from industry giants like Ethereum and...
$72.3 million in profit. That’s how much Hyperliquid saw in monthly trading volume during May, supposedly surpassing even the titans like TRON and Ethereum. Headlines bark chomping on “whale buildup” and a 6.9% price explosion in HYPE. Let’s hold off on the popping of that celebratory champagne cork, okay? As...