Key takeawaysProperly accounting for crypto assets on your balance sheet is essential for accurate tax reporting and financial transparency.Crypto trading activities should be recorded like stock trading, at fair market value on the day of purchase.I

Opinion by: Markus Levin, co-founder of XYOThe crypto community often experiences periods of heightened anxiety. Market downturns are often triggered by counterproductive sentiment-driven events rather than by fundamental issues, creating a significa

Bitcoin surged to a new all-time high after a temporary trade agreement between the United States and China eased macroeconomic fears and boosted investor confidence. Bitcoin set a new high of $109,400 on May 21, rising more than 26% in the past mon

Key points:Ethereum holders are back in profit, increasing chances for a rally to $3,000 and beyond.Ether sell pressure risk exists at $2,800, where 2.27 million ETH could be sold.Ether's recent surge to $2,700 on May 14 pushed its value above its re

Key takeaways: The Bitcoin Quantile Model shows “heat” with price on the verge of an “acceleration phase,” echoing Q4 2024 when BTC embarked on a 45% post-election rally.Bitcoin price has formed a new intraday high on each daily candle this week, wit

America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and

Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey.KindlyMD and Nakamoto Holdings, a newly

The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected.The SEC said on May 20 that it needed to extend i

Today in crypto, the SEC filed a $100 million fraud suit against Unicoin and its executives, Javier Milei shut down a task force investigating the fallout from LIBRA, and Germany’s summer 2024 Bitcoin sale looks like a $2.3 billion blunder.SEC sues U

Update May 21, 4:32 am UTC: This article has been updated to add more information from the SEC’s complaint.The US Securities and Exchange Commission has sued crypto investment platform Unicoin and three of its executives, alleging they made false and

Haliey Welch, better known as the “Hawk tuah girl,” says the Federal Bureau of Investigation briefly probed her after her “memecoin disaster” — the failed launch of a token in her image that she promoted. Welch said in a May 21 episode of her “Talk T

Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence. On May 20, Catena Labs, the company building an “AI-native financial institution,”

Genesis has launched a pair of lawsuits against its parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, accusing them of fraud, reckless mismanagement and siphoning more than a billion dollars in value from the now-bankrupt cryp

Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency.“We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to cus

A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and James L

Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes. This post expl

Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to make Ethereum's layer-1 scaling “more friendly” to u

Telegram founder Pavel Durov said he rejected pressure from a European Union (EU) country to censor political content on the social media platform ahead of the May 18 presidential elections in Romania.According to Durov, a Western European government

Key points:Bitcoin is convincing traders that an upside breakout is around the corner, with all-time highs in sight.One target demands $116,000 next week, moving firmly out of its narrow range.A quick dip before continuing higher is among the option

Today in crypto, retired artist Ed Suman lost over $2 million in crypto after falling victim to a Coinbase impersonation scam, Moody’s degrades US credit rating, and Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, a