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LINK$13.70down 3.29%The latest defi taxation coverage from The Decentral.
Crypto markets are coasting along with Bitcoin hovering just above the $112K mark and Ethereum lingering around $4.3K, but beneath that calm, there's an electric buzz. Traders are increasingly betting on the Fed cutting rates soon, and that alone is lifting sentiment, even though everyone’s still a little bated for actual confirmation. Bitcoin: knocking on the $115K…
Read moreThat’s everything in this section for now.
Browse all articlesCrypto markets are coasting along with Bitcoin hovering just above the $112K mark and Ethereum lingering around $4.3K, but beneath that calm, there's an electric buzz. Traders are increasingly betting on the Fed cutting rates soon, and that alone is lifting sentiment, even though everyone’s still a little bated for actual confirmation. Bitcoin: knocking on the $115K…
As of May 1, 2025, the Internal Revenue Service (IRS) continues to classify cryptocurrencies as property, not securities. This distinction means that the traditional "wash sale" rule, which disallows claiming a tax deduction for a loss on a security sold and repurchased within 30 days, does not currently apply to digital assets like Bitcoin and…
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