$86,678.00
-1.50%$2,014.58
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-4.92%$0.999885
0.01%$0.196696
3.79%$0.742014
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0.11%$2,012.84
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-1.29%$15.38
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0.01%$0.288207
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8.90%$1.00
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5.21%$93.38
-0.62%$4.64
-1.60%$330.18
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1.30%$2,014.15
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0.17%$13.82
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0.55%$6.84
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7.83%$3.00
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0.03%$50.08
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0.64%$23.68
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2.47%$0.841646
-0.16%$0.102269
-0.38%$86,731.00
-1.39%$18.14
-1.51%$181.57
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-0.13%$266.83
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0.73%$3.96
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3.62%$3.08
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0.00%$0.610188
-1.44%$86,533.00
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13.06%$2,013.15
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2.39%$1.16
0.55%$0.073123
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5.52%$0.933216
0.39%$76.94
-2.51%$0.00001442
1.49%$146.24
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2.00%$10.85
2.10%$0.210793
1.10%$1.001
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0.50%$17.43
0.61%$0.996703
2.10%$2,280.54
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0.99%$0.574623
0.12%$7.72
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0.05%$0.01837084
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1.41%$2.43
1.92%$0.723989
0.21%$1.001
0.12%$3,031.47
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3.85%$0.545125
7.39%$0.00000072
1.96%$0.00007219
8.02%$86,456.00
-1.65%$34.58
-1.00%$178.70
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-11.31%$0.427016
0.14%$3,022.40
-0.52%$0.110392
1.78%$1.001
0.00%$0.01281365
1.69%$2,095.27
-2.90%$0.170442
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3.45%$0.00101136
-10.73%$3.33
-2.21%$0.628873
1.47%$153.07
-4.64%$17.65
-1.47%$2.00
0.92%$0.00630148
-2.84%$0.57247
1.26%$0.738106
0.63%$0.999379
-0.06%$3.48
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-0.18%$7.77
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-2.47%$0.282542
0.74%$0.999633
0.01%$0.074025
-0.68%$0.471168
-2.08%$0.196724
4.45%$0.769866
-5.72%$1.00
-0.03%$0.0093574
3.11%$84,320.00
-1.59%$0.786785
-2.14%$0.176021
-0.81%$2,140.44
-2.71%$7.30
-4.52%$0.093149
0.43%$1.00
0.03%$2,015.02
-2.91%$2.84
-2.70%$0.04787659
-0.95%$0.00002268
0.54%$1.27
0.77%$86,702.00
-1.15%$0.552563
-1.67%$0.00699766
-1.46%$0.441958
-2.74%$0.00781437
7.44%$2,012.04
-3.02%$86,041.00
-1.53%$0.00000043
-0.90%$0.52576
-0.36%$1.53
2.73%$25.61
-1.99%$2,013.79
-3.03%$110.45
0.01%$0.232174
3.37%$1.081
0.24%$0.99986
-0.20%$0.432338
3.41%$44.80
0.58%$0.00000193
-8.23%$0.03939847
6.02%$1.092
-0.41%$86,430.00
-1.44%$2,100.61
-3.01%$0.907976
-0.41%$2,046.50
-3.34%$0.01103409
-3.28%$0.00006665
1.91%$0.180926
-8.38%$0.00422366
0.05%$2,012.36
-2.77%$86,003.00
-1.35%$0.999126
-0.00%$1.44
0.07%$0.278173
-1.21%$130.91
-0.50%$1.37
-4.55%$1.00
-0.24%$0.283429
-2.24%$2.95
4.64%$0.999959
-0.01%$1.003
0.02%$1,999.98
-3.09%$4.11
0.62%$1.31
-1.91%$0.919563
1.76%$0.711797
12.24%$2,016.42
-2.80%$0.03076095
-0.03%$0.215199
-0.36%$0.101269
0.41%$24.15
1.20%$18.05
-0.91%$1.40
-2.57%$0.078699
-2.26%$2,202.02
-2.91%$0.28667
-0.31%$1.17
0.78%$2,126.09
-2.89%$85,954.00
-2.15%$2.97
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-1.24%$0.276244
-4.86%$0.00370977
2.68%$0.04003911
1.11%$0.03454049
-2.32%$0.00264212
1.06%$0.596343
10.28%$0.117455
-0.22%$0.130167
9.24%$2,185.91
-3.07%$1.00
-0.04%$0.473108
5.22%$0.518544
-2.38%$0.00560864
2.85%$0.258762
-7.56%$0.03376982
-1.29%$2,022.50
-2.35%$0.01301461
-0.57%$0.00282377
-5.03%$3,018.24
-0.33%$0.00281007
19.27%$0.737884
0.69%$1,740.14
-1.45%$0.248847
-1.73%$0.628183
-0.93%$0.329084
8.68%$0.999962
0.01%$0.279545
-1.52%Reading
A bill was introduced in the Senate today that would prevent Americans from needing to disclose capital gains or losses on most smaller-scale crypto transactions.
Introduced by senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ), the Cryptocurrency Tax Fairness Act would exempt reporting crypto transactions of less than $50, or trades in which a person earns less than $50.
“While digital currencies have the potential to become an ordinary part of Americans’ everyday lives, our current tax code stands in the way,” said Toomey, adding that the bill would help Americans “use cryptocurrencies more easily as an everyday method of payment by exempting from taxes small personal transactions like buying a cup of coffee.”
Right now, similar bills are working their way through Congress. The Responsible Financial Innovation Act, introduced by senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY), would remove the obligation to provide information on crypto gains of $200 or less to the Internal Revenue Service.
Andrew Yang, the former presidential and NYC mayoral candidate, talked crypto regulation in DC on Decrypt's gm podcast with Dan Roberts and Jeff Roberts. Yang says the days of little or no crypto regulation in DC are "very very quickly coming to end" and that the question now is what the new rules will look like.
Currently, IRS regulations state that even the smallest of crypto transactions can amount to a capital gains event: “When you sell virtual currency, you must recognize any capital gain or loss on the sale, subject to any limitations on the deductibility of capital losses.”
The bill introduced today is a companion piece to the Virtual Currency Tax Fairness Act reintroduced in the House of Representatives earlier this year, which specified a “de minimis” capital gains exemption on crypto transactions with realized gains of less than $200. It is an amendment to the IRS’s current tax code.
The goal is to expand the use of cryptocurrencies, according to a statement from Suzan DelBene (D-WA), who introduced the bill alongside David Schweikert (R-AZ).
“Antiquated regulations around virtual currency do not take into account its potential for use in our daily lives, instead treating it more like a stock or ETF,” said DelBene. “This commonsense bill cuts the red tape and opens the door to further innovations, ultimately growing our digital economy.”
Cboe has submitted a filing to the U.S. Securities and Exchange Commission that would allow the exchange to list shares of a Fidelity exchange-traded fund tracking the price of Solana. The19b-4 form, filed Tuesday, is a major step in the SEC’s approval process, although Fidelity must still file an S-1 registration statement describing the product. The filing comes just days after Fidelity registered a Delaware Trust entity for its Solana fund, which would be based on the performance of the six...
Napster, the brand that once sent the music industry into panic mode but then faded, was just acquired for $207 million. Infinite Reality is buying the streaming service to transform it into a platform where fans can hang out in virtual spaces, attend concerts, and buy merch directly from artists, the virtual reality startup announced. The deal is also the highest price tag yet for Napster, which has circulatedamong half a dozen companies, including Rovio to Algorand, since its controversial fil...
GameStop may be credited as the first meme stock, but the video game retailer's CEO seems to be hinting that the company could soon embrace Bitcoin. The company is set to report Q4 earnings when the market closes at 4 p.m. Eastern Time on Tuesday. Analysts expect the Texas-based firm to disclose an earnings per share mark of $0.08, based on two analyst ratings compiled by FactSet. Last month, GameStop received a proposal from Strive Asset Management recommending the video game retailer become a...
