U.S. lawmakers have stepped up efforts to update crypto tax rules, debating de minimis exemptions for small payments, staking income timing, exchange reporting duties and new 1099-DA forms as the IRS has prepared for broader oversight in 2026.
The post Crypto Tax Bill Targeted for Passage by Next August, House Tax Writer Says appeared first on Cryptonews. …
Category: Cryptocurrencies
Bitcoin Selling Pressure Eases as Exchange Inflows Drop: CryptoQuant
Bitcoin has rebounded after a sharp drop, with exchange deposits, whale transfers and realized losses all declining, which has eased short-term selling pressure and set up resistance levels around $99K, $102K and $112K ahead of the Federal Reserve policy decision.
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Upbit Moves Most User Funds to Cold Storage After $30M Hot Wallet Hack
Upbit is moving 99% of user funds into cold storage after a $30m hot-wallet hack, far exceeding Korea’s 80% offline storage rule.
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Rep. Keith Self Files Amendment to Prevent a US CBDC in Defense Bill
Rep. Keith Self has introduced an amendment to the massive annual defense bill that would block the creation of a US central bank digital currency.
The post Rep. Keith Self Files Amendment to Prevent a US CBDC in Defense Bill appeared first on Cryptonews. …
Tajikistan Imposes Criminal Penalties for Crypto Miners Using Stolen Power
Tajikistan has amended its Criminal Code to impose penalties on miners minting crypto using stolen electricity.
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Kalshi Wins Temporary Pause Against Connecticut Gambling Order
A federal judge temporarily blocked Connecticut from enforcing its gambling order against Kalshi.
The post Kalshi Wins Temporary Pause Against Connecticut Gambling Order appeared first on Cryptonews. …
Federal Regulator Approves Riskless Crypto Trading for US Banks
The Office of the Comptroller of the Currency confirmed that national banks may engage in riskless principal crypto-asset transactions, acting as intermediaries by simultaneously buying from one customer and selling to another without holding inventory.
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Bitcoin Price Prediction: CZ Predicts a 2026 Crypto “Supercycle” — Will BTC Break Out and Hit New Highs Above $126K?
Changpeng Zhao forecasts a 2026 crypto supercycle at Bitcoin MENA Conference, projecting Bitcoin could match gold’s 60% yearly performance as the hash ribbon indicator signals miner capitulation and price breaks above descending trendline resistance near $94,000.
The post Bitcoin Price Prediction: CZ Predicts a 2026 Crypto “Supercycle” — Will BTC Break Out and Hit New Highs Above $126K? appeared first on Cryptonews. …
Shiba Inu Price Prediction: Market Thinks SHIB Is Dead – But This Chart Pattern Says a Monster Move Is Coming Soon
Shiba Inu Price Prediction has been updated as SHIB burn rates have climbed, technical indicators have pointed to a potential breakout and markets have anticipated a Fed rate cut, even as Shibarium activity has stayed muted and SHIB has remained far below last year’s levels.
The post Shiba Inu Price Prediction: Market Thinks SHIB Is Dead – But This Chart Pattern Says a Monster Move Is Coming Soon appeared first on Cryptonews. …
Best New Meme Coin to Buy Today Under 1 Cent – 9 December
Crypto market has fallen 1.5% ahead of the Fed’s rate decision, while Zcash, MemeCore and presale token PEPENODE have moved higher. PEPENODE has raised $2.3m at $0.0011873, offering virtual mining and a 562% APY staking yield before launch in 30 days.
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