Tax season is approaching, and with only a sliver of 2025 left, investors must now revisit tax and accounting strategies that support their overall financial health. In December, a slight adjustment can mean significant benefits. With crypto investing continuing to gain traction among retail investors over the past few years, crypto tax reporting and accompanying…
Bitcoin BTC$90,016.95 has experienced its toughest fourth quarter since 2022, but a time-honored Wall Street pattern could soon bring relief to battered BTC bulls. That pattern is S&P 500’s tendency to chalk out a Santa rally – an upswing during the final five trading days of December and the first two of January. A repeat…
Gold surged to record, bringing cheer to digital tokens backed by the metal traditionally seen as a haven investment. XAUT$4,417.98, the largest gold-backed token by market value, rose to an all-time high of $4,425 while PAXG (PAXG) and kineses gold (KAU) also rose, lifting the total market value of gold-backed tokens to $4.38 billion. “The…
The crypto market is bracing for a massive structural reset on Friday, with billions of dollars worth of bitcoin BTC$89,816.59 and ether ETH$3,043.63 options set to expire on Deribit. This colossal “Boxing Day” event, named for the holiday observed in many countries on Dec. 26, will see $23.6 billion in bitcoin options and $3.8 billion…
Uniswap’s long-running debate over how, or whether, the protocol should return value to UNI holders is close to being resolved. The protocol’s “UNIfication” proposal has already crossed quorum, with more than 69 million UNI tokens voting in favor and virtually no opposition as of Monday. Voting remains open until Dec. 25, but the margin suggests…
Hong Kong is plotting a move to unlock a multi-billion dollar capital pool for digital assets and related infrastructure, potentially marking a watershed moment for institutional crypto adoption in Asia. The Hong Kong Insurance Authority (IA) is proposing new rules that would allow the city’s 158 authorized insurers to channel funds into assets, including cryptocurrencies,…
Binance, the leading crypto exchange by trading volume, has just made it possible for everyone to earn a passive-like income through ether options, opening up a strategy once limited to pros. The exchange announced in a press release shared with CoinDesk that it is allowing users to write (sell) ether options, helping them effectively manage…
A group of 18 bipartisan US House lawmakers is pushing the country’s tax agency to review its rules on crypto staking taxes before the start of 2026. In a letter sent to Internal Revenue Service acting commissioner Scott Bessent on Friday, the lawmakers, led by Republican Mike Carey, asked for a review and update guidance…
The price of Bitcoin (BTC) will outperform gold in the long run, and BTC holders should not sell their coins to pour into gold during its meteoric run to prices above $4,000 per ounce, according to Bitcoin advocate, educator and market analyst Matthew Kratter. BTC is a better store of value based on scarcity, portability,…
Finance platforms racing to add prediction markets are doing so at the cost of accelerated “casino-like” user churn, says venture capital firm Inversion Capital founder and CEO, Santiago Roel Santos. Santos argued in a blog post on Saturday that while he is a “believer in the underlying idea” of prediction markets, he thinks offering them…
