The U.S. Internal Revenue Service (IRS) has introduced a new draft of Form 1099-DA, aiming to streamline the reporting process for digital asset transactions. This revision marks a significant shift from earlier drafts, addressing privacy concerns and simplifying tax compliance for investors in the growing digital asset market.
Read MoreImagine a stock market, but instead of companies, you trade on the likelihood of real-world events happening. That's the core concept behind prediction markets, and Polymarket is a leading platform in this decentralized space.
Read MoreBitcoin advocate Max Keiser has once again emphasized his belief in Bitcoin's superiority over Ethereum, forecasting a bleak outlook for the latter cryptocurrency. On a social media platform, Keiser reiterated his longstanding argument that Ethereum, along with other alternative coins, pales in comparison to Bitcoin due to fundamental disparities in their technologies and legal categorizations.
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