The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not constitute new property, and are therefore subject to immediate taxation upon… Listen ⇢

Toncoin (TON) appears to have now entered a notable phase in its market cycle, presenting potential opportunities for investors. A recent analysis by CryptoQuant analyst Joao Wedson highlights that TON has moved into a favorable risk zone for accumulation, as indicated by the Normalized Risk Metric (NMR). This metric evaluates… Listen ⇢

Pudgy Penguins (PENGU) price has surged approximately 30% in the last 24 hours, rebounding sharply after reaching its lowest level on December 20. This dramatic recovery has been accompanied by bullish momentum, as key indicators like RSI and CMF hit all-time highs, reflecting strong buying pressure and renewed investor confidence.… Listen ⇢

Corporate Bitcoin investor MicroStrategy has announced a Special Meeting of Shareholders to address proposals that aim to advance its Bitcoin-focused 21/21 Plan while simultaneously streamlining capital-raising efforts. In a letter from the Executive Chairman, the company outlined three major agenda items to be decided during the meeting, which will be… Listen ⇢

Since Ethereum’s (ETH) price fell below $4,000 on December 17, it has struggled to reclaim that level, fueling speculation that ETH might not return to the zone before the end of 2024. However, a 5% price increase in the last 24 hours suggests sentiment might be shifting. For Ethereum to… Listen ⇢

MicroStrategy has scheduled a special shareholder meeting to approve changes in its equity issuance strategy to fund additional Bitcoin acquisitions. The firm has already completed three rounds of BTC purchases in December. MicroStrategy’s Non-Stop Bitcoin Purchase Strategy A proxy filing dated Dec. 23 with the SEC reveals the company’s plan… Listen ⇢

A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn’t bring back quantitative easing (QE), then ADA could… Listen ⇢

At the time when other altcoins are experiencing more ups and downs, with some even crashing from their recent highs, Fartcoin sustained its growth trajectory and eventually zoomed past the $1 billion market cap threshold to force its way into the top 10 list of the largest meme coins.   Launched… Listen ⇢

Felix Pinkston Dec 24, 2024 06:45 BitMEX has introduced new perpetual swap listings for HYPEUSDT, FARTCOINUSDT, and HIVEUSDT, offering traders up to 50x leverage opportunities on these cryptocurrency pairs. Cryptocurrency trading platform BitMEX has expanded its offerings by introducing new perpetual swap contracts for HYPEUSDT, FARTCOINUSDT, and HIVEUSDT, according to… Listen ⇢