HMRC Reportedly Sends Out Over 80,000 Letters Warning Crypto Investors to Pay Their Taxes
HMRC sent 81,000 warning letters to crypto investors over 12 months regarding potential underpayment of taxes. This represents an increase from 65,000 letters sent in the previous year.
Read full story →Bitcoin eyes key short-term holder cost basis, signaling potential bullish trend
Bitcoin has reached price levels near the cost basis of short-term holders, which could encourage holding rather than panic selling. This price alignment potentially signals a bullish trend that might drive values higher among recent investors.
Return of the ICO? SEC Wants Token Fundraising to Escape Securities Status
A new SEC proposal would allow token offerings to raise up to 75 million dollars without registering as securities. This framework aims to create a regulatory pathway for token fundraising that avoids traditional securities registration requirements.
Bitcoin Reclaims $70,000 First Time Since June and Trump Just Hinted at More
Bitcoin exceeded $70,000 for the first time since June, with traders holding short positions losing $1.23 billion. Trump hinted at a substantial bitcoin purchase as the cryptocurrency climbed.