October 2023

submitted by /u/sarahSstranger [link] [comments]

If you haven’t heard already, the IRS proposed a rules for crypto titled ” Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions “ Here’s an article by coindesk about the matter if you want more information : https://www.nasdaq.com/articles/irs-proposed-rule-on-digital-asset-broker-reporting-could-kill-crypto-in-america These new Read more…

submitted by /u/theblackmoonman [link] [comments]

Monday’s $3,000 BTC candle was a sign of what’s to come. Several sources of demand converged onto BTC in a short window of time and caused the price to break out to its highest level in 15 months. The known sources of estimated demand are: – Daily buying pressure of Read more…

We are reaching out to inform you of a recent court order requiring us to share some of our clients’ information with the IRS. What’s the background for this? In May 2021, the Internal Revenue Service (IRS) issued a summons to Kraken demanding that we produce a wide range of Read more…

submitted by /u/thirsty_dollar23 [link] [comments]

Kraken was once the first exchange to introduce proof of reserves and during last years FTX debacle they earned a lot of trust by the community for claiming to be better and doing regular audits. On their website they claim that they (plan to) do 2 audits per year, but Read more…

submitted by /u/partymsl [link] [comments]

In the recent trading session, the British pound made an attempt to rally against the US dollar, but gains were short-lived as it retraced near the crucial 1.23 level.

BoC Seen Maintaining 5%; Aussie Inflation Higher; Bitcoin Strong Near $35k; USD/JPY Remains Below ¥150; Cocoa, Sugar Performing Strongly.