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How to Report Crypto Trading Gains and Losses on Your Balance Sheet

admin7 minutes ago019 mins

Key takeaways Properly accounting for crypto assets on your balance sheet is essential for accurate tax reporting and financial transparency. Crypto trading activities should be recorded like stock trading, at fair market value on the day of purchase. In some countries, like the US, crypto losses can offset gains, so keeping track of gains and…

Christian Summer Camp Fights Back Amid Claims Government Could Shut It Down Over Gender Law

admin26 minutes ago05 mins

A Christian summer camp in Colorado is suing over a gender policy it says could shut it down. Camp IdRaHaJe in Bailey, Colorado, is asking a court to allow it to follow its sincerely held religious beliefs and separate campers by sex and not gender identity, The Denver Post reported. The camp, which has been licensed…

One of the Best Presales of 2025 Ends in 26 Days; Solaxy Raises $38M

admin27 minutes ago27 minutes ago07 mins

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solaxy ($SOLX), one of the best presales of 2025, is set to end in 26 days. It’s had an impressive run, having already raised over $38M since its start. With over $500K pouring in after the deadline announcement yesterday, investors are racing…

AI tool claims 97% efficacy in preventing ‘address poisoning’ attacks

admin1 hour ago05 mins

Crypto cybersecurity firm Trugard and onchain trust protocol Webacy have developed an artificial intelligence-based system for detecting crypto wallet address poisoning. According to a May 21 announcement shared with Cointelegraph, the new tool is part of Webacy’s crypto decisioning tools and “leverages a supervised machine learning model trained on live transaction data in conjunction with…

Circle launches Circle Payments Network for real-time stablecoin payments

admin1 hour ago02 mins

Circle has officially launched the mainnet for its Circle Payments Network. The CPN will be a new blockchain-based system designed to facilitate real-time cross-border payments and settlements using its stablecoin, USDC (USDC). The CPN is built to support business-to-business payments, cross-border remittances, enterprise treasury operations, and payroll disbursements. With the launch, Circle aims to modernize…

Lowe’s CEO Calls Out Near-Term Housing Market Challenges But Holds The Line On Outlook

admin1 hour ago04 mins

Lowe’s Companies, Inc. (NYSE:LOW) on Wednesday reported mixed results for the first quarter of fiscal 2025. The company posted adjusted earnings of $2.92 per share, which beat the analyst consensus estimate of $2.89. Revenue for the quarter was down 2% year over year at $20.93 billion, which missed the analyst consensus estimate of $20.94 billion….

Bitcoin At $118,000 Before June? Trader Reveals When As Weekly MACD Turns Bullish

admin1 hour ago06 mins

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto trader James Wynn has predicted that the Bitcoin price rally is not done, with an all-time high expected to happen soon. This comes as the Bitcoin price has continued to stall between $102,000 and $106,000 with no discernible pattern that could…

Dogecoin (DOGE) on Verge of ‘Can’t-Miss’ Price Breakout

admin2 hours ago03 mins

Dogecoin (DOGE) has quietly worked its way up to a familiar spot for traders — the kind that either sparks the next leg up or simply gets shrugged off. Sitting just under $0.239 as of Tuesday, Dogecoin is approaching a resistance level it has tested several times in the past. This time, however, there is…

Guatemala’s largest bank integrates blockchain for cross-border payments

admin2 hours ago05 mins

Guatemala’s largest bank, Banco Industrial, has integrated crypto infrastructure provider SukuPay into its mobile banking app, allowing locals to more easily receive remittances powered by blockchain technology. SukuPay’s infrastructure has been fully embedded inside the Zigi payment app, allowing Guatemalans to receive funds from the United States instantly for a $0.99 flat fee, the company…

Unicoin Accused of $110M Fraud – What Best Altcoins to Buy Instead?

admin2 hours ago2 hours ago013 mins

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has filed fraud charges against Unicoin and three of its senior executives over allegedly misleading 5K+ investors. According to the charges, the project promised that its token would be backed by billions worth of international…