The IRS can now see your crypto gains, but has no idea about the cost-basis. That’s proving to be a big headache for some cryptocurrency investors.
Business
Exchanges reporting crypto gains to IRS becomes tax nightmare
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Business
The stock market usually booms in the November-to-April stretch. This indicator suggests otherwise.
Jim Paulsen thinks lagged indicators suggest the usual ‘best buying season’ for stocks may not be applicable this time and backtesting his model to 1970 shows meagre returns.
Business
Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift
Coinbase Virtual Accounts also gain automatic fiat conversion through Citi infrastructure, while customer usage remains undisclosed. The post Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift appeared f…
Business
Anthropic plans to spend $518 billion on AI infrastructure. Pre-IPO perps barely blink.
Anthropic's prospectus seen by Reuters shows big spending plans despite heavy losses. Still, pre-IPO perps barely moved on cryptocurrency exchanges.
Business
McDonald's Stock and 10-Year Bond Yields: Why Are They Near-Perfect Opposites?
McDonald's stock fell 32% as the 10-year yield rose 32%. See the theories and why the mirror image may be coincidence. The post McDonald's Stock and 10-Year Bond Yields: Why Are They Near-Perfect Opposites? appeared first on BeInCrypto.