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IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year

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An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new ‘Digital Asset’ category.

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Coin Market

Ether analysts predict another ‘selling wave’ as ETH struggles to overcome $1.7K

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Exchange inflows, slumping demand and a 31% drop in Ether futures open interest may signal that another wave of selling could hit ETH.

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Coin Market

US regulators push user ID requirements for stablecoin issuers akin to regulated banks

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The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.

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Coin Market

Bitcoin decouples from tech stocks: Is $60K BTC’s next stop?

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Bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000.

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