The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Author: Cheyenne Ligon
Archives for August 2024
CoinDesk 20 Performance Update: XRP’s 7.8% Decline Weighs on Index
APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses. Author: CoinDesk Indices, Tracy Stephens
Here’s Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
XRP’s order book on U.S. exchanges is 30% more liquid than offshore platforms. Author: Omkar Godbole
Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
Ionic Digital’s CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim. Author: Aoyon Ashraf
A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It
The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound. Author: Krisztian Sandor
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