Crypto Tax Crackdown Looms as IRS Warning Letters Surge

The Internal Revenue Service (IRS) has significantly increased the number of warning letters sent to crypto investors, causing anxiety among users. This uptick is seen as a precursor to a broader enforcement initiative, especially with new 1099-DA regulations set to take effect next year. Looming Enforcement Wave Warning letters sent to crypto investors by the … Read more

Metaplanet Acquires Additional 1,234 Bitcoin, Total Holdings Reach 12,345 BTC

Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,234 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to 12,345 BTC. The latest purchase was made at an average price of 15,617,281 yen per bitcoin, … Read more

For the First Time Ever, a Humanoid Robot Rings the Nasdaq Opening Bell

The event was part of Kraneshares’ official launch of an exchange-traded fund (ETF) that invests in companies that design and manufacture humanoid robots. Humanoid Robot Kicks off Nasdaq Trading The Unitree G1 humanoid became the first robot to ring the Nasdaq opening bell on Wednesday to mark the launch of a unique ETF called the … Read more

Crypto Crunch: Why One of Britain’s Biggest Banks Is Saying No to Digital Assets

Starting June 27, Barclays will prohibit cryptocurrency transactions using Barclaycard credit cards, citing risks associated with purchasing cryptocurrencies. Barclays Cites Cryptocurrency Volatility Effective June 27, Barclays clients will no longer be able to conduct cryptocurrency transactions using Barclaycard credit cards. The bank stated it made this decision because “there are certain risks with purchasing crypto-currencies.” … Read more