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Showing posts from December 27, 2024

IRS Doubles Down on Immediate Staking Rewards Tax Stance

The U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on a position assumed in 2023 as part of internal guidelines. In a recent filing related to an ongoing lawsuit, the service argues that the rewards generated through staking do not constitute new property and should […]

Michael Saylor Shares Top 60 Bitcoin-Holding Companies—Who’s Quietly Stockpiling BTC?

Corporations are fueling the bitcoin boom, with top 60 public companies amassing 591,368 BTC—Microstrategy dominating the list with an unrivaled 444,262 bitcoins. Top 60 Bitcoin-Holding Corporations—The Hidden Titans Fueling the BTC Boom Microstrategy’s executive chairman, Michael Saylor, shared a detailed list on social media platform X on Friday, revealing the top 60 publicly traded companies […]

Bitget, Uniswap, FTX Soar to Lead Top Crypto Gainers and Best Wallet Token Could Pump Next

The Christmas holiday season has already been eventful for the crypto markets, as Bitcoin and Ethereum have both pulled back from their recent peaks. Despite those bearish moves from the key market leaders, some altcoins have shown considerable strength, while others are surging skywards and giving their holders reason to celebrate. Among those are 3 […]

Eric Semler: Not Owning Bitcoin Will Be ‘Irresponsible’ for Public Companies

Eric Semler, chairman of Semler Scientific, has predicted that more companies will adopt the bitcoin standard, as not owning bitcoin will be considered “irresponsible.” Semler attributes the slow implementation of bitcoin as a reserve asset in public companies to the conservative approach of some institutions. Semler Scientific’s Eric Semler Predicts Bitcoin Adoption Will Keep Growing […]
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