Vincent Parks
IRS grants temporary relief on crypto tax reporting rules amid legal...
The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors.
The decision reflects...
Hyperbitcoinization and Supercycle Hype Heats Up: Is Bitcoin’s Four-Year Cycle Dead?
From Predictable Pasts to Revolutionary Futures
Although bitcoin has ridden through numerous rollercoasters of highs and lows, what if we’re entering an era of hyperbitcoinization where countries...
Bank of Italy, Fed Chair Powell, Turkey regulations,Regulated cryptocurrency in Cambodia,...
This week’s crypto news highlights significant regulatory developments and challenges shaping the digital asset landscape. The Bank of Italy raised concerns, labeling Bitcoin P2P...
A16z Joins Legal Fight Against Treasury and IRS Over DeFi Rules
Michele Korver, head of regulation at Andreessen Horowitz’s blockchain arm, A16z Crypto, has voiced strong opposition to the US Treasury and IRS’s newly issued...
South Korea Sees Crypto Boom: 30% of Population Now Owns Digital...
Trump Victory Sparks Renewed Interest in Crypto
The number of cryptocurrency users in South Korea jumped by 610,000 in November, reaching 15.59 million by month’s...
Is the Wild Rally on Bitcoin’s Chart Over? Analytics Company Answers...
Cryptocurrency analytics firm Alphractal recently published an in-depth evaluation of Bitcoin, focusing on the Realized Capitalization metric.
The firm noted that Bitcoin’s Realized Capitalization has...
Montenegro court rejects Do Kwon’s extradition appeal
Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25.
The decision clears the...