IRS Floods U.S. with Crypto Tax Warnings Amid Rising Enforcement Push News ETHNews
The IRS has increased tax warning letters to U.S. crypto investors, targeting discrepancies in filings, with many linked to Poloniex users. Experts advise reviewing filings and preparing for audits.
MicroStrategy President Offloads 8,400 MSTR Shares, What’s Happening?
MicroStrategy President Phong Le gifted 8,400 MSTR shares, raising insider selling concerns. Despite 200% yearly gains, MSTR struggles above $400. The firm also moved 7,383 BTC to new wallets.
Ric Edelman Urges Financial Advisors to Consider Up to 40% Crypto Allocations
Financial advisor Ric Edelman now recommends up to 40% crypto allocations, citing Bitcoin’s mainstream adoption and uncorrelated performance benefits, a significant shift from his previous 1% guidance.
BTC DEX Traders Position for Downside Price Volatility With $85K-$106K Puts, Derive Data Show
BTC traders on Derive.xyz are hedging against downside volatility with $85K-$106K put options, while ETH traders show bullish sentiment ahead of the ETHCC event in Cannes.
Metaplanet Acquires Extra 1,005 Bitcoin, Boosting Total Holdings to 13,350 BTC – News Bytes Bitcoin News
Metaplanet, a Japanese bitcoin treasury firm, has purchased 1,005 more BTC, increasing its total holdings to 13,350 BTC, reinforcing its commitment to Bitcoin as a strategic asset.
Arbitrum’s ARB Goes Parabolic: What’s Happening? – Coinspeaker
Arbitrum’s ARB token surged 17.5% with $650M trading volume amid Robinhood partnership rumors. Community sentiment is 84% bullish, though ARB remains 85% below its 2024 peak.
Good News for BTC? US Dollar Weakness Accelerates as Experts Predict Bitcoin Parabolic Move
The US dollar index (DXY) has declined 11% this year, its worst performance in decades. Experts predict Bitcoin could surge as the dollar weakens, citing historical trends where BTC thrived during dollar downturns.
Analyst Says Buying This Meme Coin Is A 3X Leveraged Play If Solana ETFs Go Live
Crypto analyst Unipcs recommends BONK, a Solana-based meme coin, as a leveraged play ahead of potential Solana ETF approvals, citing its historical 3X outperformance versus SOL.
Last Time Bitcoin’s Price Did This XRP Skyrocketed 518% in 77 Days
The article discusses XRP’s potential for significant price gains, comparing its market cap to Bitcoin and Ethereum. It highlights bullish signs for XRP, including historical trends, analyst predictions, and positive developments in the SEC lawsuit.
Litecoin About To Complete 3rd Ever Golden Cross In History, What Happened The Last 2 Times? | Bitcoinist.com
Litecoin is nearing its third-ever Golden Cross formation, a rare bullish signal. Previous instances in 2017 and 2021 led to 700% and 450% rallies, respectively. Analysts suggest a potential 200%+ price surge may occur before the cross completes.
