Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.
Decentral Block Post
Bitcoin bulls welcome some BTC price relief while whales get busy accumulating nearly 50,000 BTC at the local lows.
Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market.
Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks.
Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000.
The largest Friend.tech whale has sold all their holdings, causing the new token to fall over 50% in value while other users can still not claim the airdrop.
Some crypto community members argued against the petition, while others supported ENS’ move against Unstoppable Domains.
The meeting is expected to ignite positive changes that benefit all crypto stakeholders in Nigeria and internationally.
Authorities seized $12.2 million worth of digital assets, real estate and luxury cars during the arrest.
The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards.
The Nigerian central bank’s attitude to crypto has been inconsistent in recent years, and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening.
Bitcoin bulls have “lots of work to do” as they attempt to claw back lost ground after two-month BTC price lows.
Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country.
Crypto traders are pointing to the M2 money supply turning positive as a bullish signal for Bitcoin.
EigenLayer is handing out an extra 100 to 110 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.
Memes might be the “most simplistic connection” between financialization, tokenization and culture, says Kain Warwick.
Bitcoin’s price chart looks similar to when spot Bitcoin ETFs were launched in the United States — suggesting a breakout soon, though there are some differences this time around.
Salame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd.