• EOS price is declining from $1.200 against the US Dollar after hitting a high near $1.2349. • There was a break below a key bullish trend line with support near $1.150 on the 4-hours chart of the EOS/USD pair. • The next key support is near the $1.065, while an immediate resistance is near… Continue reading
Monat: März 2023
Warren Seeks New Crypto Committee: Investor Protection at Stake
Summary of Article: Senator Elizabeth Warren is attempting to create a new bipartisan committee, which will focus on investor protection in the cryptocurrency space. Some Republican lawmakers such as Roger Marshall and John Kennedy are co-sponsoring the committee and have expressed their support for it. Despite this, there are still those who criticize Warren’s bias… Continue reading
IRS Revamps Crypto Reporting Requirements for 2022: Don’t Ignore!
• The Internal Revenue Service (IRS) is revamping its crypto reporting requirements for 2022. • Crypto is now being referred to as “digital assets” and taxpayers will be asked questions about receiving, exchanging, gifting or disposing of digital assets on their 1040 income tax form. • Abhinav Soomaney, managing partner at Crypto Tax International, states… Continue reading