Digital Chamber raises privacy concerns over IRS crypto tax draft
The Chamber proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate, such as NFTs taxed as collectibles, to prevent errors and ensure accurate reporting.
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Bitcoin Gold Copycat Rally ‘Just Started’ Amid Worries of March Repeat
Growing belief in Bitcoin following gold higher contrasts with chart analysis, which shows multiple weaknesses remain. 565 Total views 11 Total shares Bitcoin (BTC) is preparing to copy gold as it aims for all-time highs, according to an exchange amid fresh warnings that a correction is due.In a tweet on July 9, LATOKEN highlighted the…

Drafted “Keep Big Tech out of Finance” Act Surfaces Days Before Libra Hearings
A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s metadata dates it July 12.The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying it is with the Financial Services…

Bank of England opens applications for ‘proof of concept’ CBDC wallet
The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000. 667 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTThe Bank of England (BOE) is seeking a “proof of concept” for a wallet that will…

Voyager enters into $500M loan agreement with Alameda amid 3AC exposure
Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC. 461 Total views 5 Total shares Trading platform Voyager Digital takes a loan from trading firm Alameda Research because of its exposure to crypto venture capital firm Three Arrows Capital (3AC). In a press release by Voyager Digital, the firm announced…

Immutable pledges to fight after SEC ‘sprayed and prayed’ Wells notice
Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within "hours" of its first interaction with the regulator.

Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)
Trading volume — the amount of an asset that changed hands over a given period — is one of the key metrics that investors use to track price trends and assess the market outlook for a specific coin in terms of liquidity and trader activity.The ranking below zooms in on the fortunes of five coins…

How high can the Dogecoin price go?
One analyst outlined the possibility of DOGE reaching $30+ by Jan. 19, 2025, based on historical performance.

Pantera Capital CEO: BTC Will ‘Come of Age’ in Crisis, May Top All Time High
Pantera Capital Founder and CEO Dan Morehead has predicted Bitcoin will “come of age” during the 2020 financial crisis and may top its all time high price within 12 months.The San Francisco-based blockchain and cryptocurrency hedge fund founder made the comments in a March 25 letter to investors examining the fallout from the COVID-19 financial…