Tag #Cryptocurrency

cbsnews.com
🌐 85% Global Worthiness
News related image

Trump's Cryptocurrency Soars to $6 Billion Market Cap

President-elect Donald Trump launched his cryptocurrency, "$TRUMP," on Friday, resulting in a nearly $6 billion market capitalization within hours, raising questions of legitimacy but fueled by his social media announcements and past business dealings with one of the project's companies, despite the...

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

El Zonte: Bitcoin, Surf, and El Salvador's Path to Recovery

El Zonte, a small Salvadoran fishing village, has become a Bitcoin hub, impacting local businesses and tourism while reflecting El Salvador's broader economic and social reforms; however, the long-term effects of Bitcoin's integration remain uncertain.

Progress

36% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 75% Global Worthiness
News related image

2025 Crypto Tax Season: Forms, Reporting, and Future Changes

The 2025 tax season for cryptocurrency begins January 27th, requiring reporting of income via Form 1099-MISC (staking rewards over $600) and Form 1099-B/1099-DA (crypto trades), with many platforms providing only transaction history reports, necessitating specialized crypto tax software for accurate...

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Bitcoin Surges Past \$100,000 on Positive Inflation Data and Policy Expectations

Bitcoin prices rallied above \$100,000 on January 15th, recovering from a drop below \$90,000 due to positive inflation reports suggesting a less hawkish Federal Reserve and anticipation of a pro-crypto policy under the incoming administration.

Progress

40% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
News related image

Bukele Predicts Bitcoin Surge Tied to Trump Presidency

El Salvador's President Nayib Bukele predicts a significant rise in Bitcoin's value in 2025 due to Donald Trump's incoming US presidency and potential US Bitcoin reserve, despite an IMF agreement making private Bitcoin use in El Salvador voluntary.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Trump's Crypto Orders Fuel Bitcoin Surge Toward $100,000

Anticipation of Donald Trump's crypto-related executive orders, potentially including de-banking measures and the repeal of SAB121, has driven a surge in Bitcoin's price toward $100,000, following a recent downturn.

Progress

64% Bias Score

Reduced Inequality
liberation.fr
🌐 85% Global Worthiness
News related image

Trump Launches Cryptocurrency, Reaches Multi-Billion Dollar Valuation

Donald Trump launched his namesake cryptocurrency, "$TRUMP," a "meme coin" with no intrinsic value, resulting in a market capitalization of nearly $6 billion within hours of its launch, with an additional 800 million tokens controlled by the creators theoretically worth $28 billion.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Chinese Activist Launches Memecoin to Fund Activism, Dividing Followers

Chinese activist Li Ying launched a memecoin called "Li" to fund his work, causing division among followers who question its ethics amid financial struggles for overseas activists; the coin's value has since plummeted.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 75% Global Worthiness
News related image

Bitcoin's Price Surge Prompts Protective Options Strategy

Fueled by anticipation of a Trump administration's pro-crypto policies, Bitcoin's price has almost doubled since September, exceeding \$100,000; an investor is using a put spread strategy on the iShares Bitcoin Trust ETF (IBIT) to hedge against potential price drops.

Progress

48% Bias Score

cnn.com
🌐 75% Global Worthiness
News related image

IRS to Report US Cryptocurrency Transactions Starting 2025

Starting in 2025, US taxpayers using custodial digital asset trading platforms will have their crypto transactions reported to the IRS on Form 1099-DA; decentralized exchange reporting starts in 2027, while cost basis reporting is delayed until 2026; this is a tax compliance mechanism, not a new tax...

Progress

32% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Bitcoin Covenant Debate Pits Innovation Against Stability

Bitcoin developers are debating a soft fork to enable covenants, which would share UTXOs to lower transaction costs, but this is opposed by those who value the protocol's stability and immutability above all else.

Progress

56% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
News related image

Bitcoin ETFs: $113 Billion in Assets After One Year

Within a year of launch, Bitcoin ETFs accumulated $113 billion in assets, exceeding expectations due to high retail interest and the ETF's security; however, institutional adoption remains limited, hinting at future potential growth and the introduction of diversified products.

Progress

44% Bias Score

Reduced Inequality