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Can’t provide him with accurate tax records. As pictured below, US Coinbase explained to users how their generated tax reports wonʼt be accurate if any of them transferred crypto into/out of Coinbase. This affects over two-thirds of Coinbase users, which amounts to millions of people who cannot rely on Coinbase’s calculations to prepare their tax forms. You can read more […]
The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.
He became interested in cryptocurrency when politics connected the Trump family with the crypto community.
Before April 9, miners were paying upwards of $3M for chartered flights as they try to outrun the impact of Trump’s import levies. Some miners are comparing the tariffs to China’s 2021 mining ban.
The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Green United can proceed to trial, a Utah judge ruled Monday.
September’s counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.
The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners. But market sentiment and broader financial conditions could influence bitcoin’s price, with possible selling pressure if the overall market weakens.
Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bhasin, partner for Digital Assets Center of Excellence, KPMG Canada.
Russia’s lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia’s state-owned domestic news agency reported.
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It’s paying off, at least in their stock prices.