Author: James Wilson

18 bipartisan U.S. House lawmakers have urged the Internal Revenue Service to reexamine the country’s taxation laws on cryptocurrency staking. Summary A group of U.S. lawmakers has urged the IRS to review its 2023 guidance on staking rewards before the 2026 tax year. The letter recommends taxing staking rewards only at the time of sale to avoid double taxation. Separately, lawmakers have introduced the PARITY Act, which suggests allowing deferral of staking and mining tax liabilities. Led by Republican Representative Mike Carey, the group has sent a letter to IRS acting Commissioner Scott Bessent, requesting a review of existing tax…

Gold and silver have reached record highs, but Bitcoin’s history shows crypto often reacts weeks later rather than immediately. Summary Gold and silver have surged to new all-time highs, while Bitcoin remains under pressure near the $86,000–$88,000 range. Past cycles show crypto market often lags gold rallies by several weeks before making stronger moves. If rate cuts effects and liquidity easing continue, crypto could follow metals higher once risk appetite returns. Gold and silver surged to fresh record highs on Monday, Dec. 22, raising questions about how cryptocurrencies may respond as investors shift toward traditional safe-haven assets. According to market…

Ethereum price appears to be consolidating after months of leverage exited the market, easing pressure without yet pointing to a clear direction. Summary Ethereum open interest has fallen about 50% since August, showing widespread position closures by large traders. Binance taker sell volume has dropped to its lowest level since May, pointing to softer sell-side urgency. The chart shows sideways movement below key resistance, with buyers cautious and sellers less aggressive. Ethereum is trading in a calmer market environment after a sharp reduction in leverage, with data showing that open interest across major exchanges has fallen since August. According to…

The rapid growth of crypto trading, especially in meme coins, on-chain assets, and fast-moving markets, has driven the emergence of specialized trading bots and platforms that offer speed, automation, and analytical advantages. Notable tools in this space include BonkBot, Fomo, TradeWiz, and BullX. While each seeks to improve trading performance, they differ in design focus, target users, feature sets, and risk profiles. BonkBot vs Fomo vs TradeWiz vs BullX: Overview Feature / PlatformBonkBotFomoTradeWizBullXPrimary PurposeUltra-fast trade executionTrend & momentum discoveryStrategy-based trading & automationAdvanced on-chain analyticsTypical InterfaceTelegram botWeb / app-based dashboardWeb-based trading platformProfessional web dashboardTarget UsersExperienced snipers & degen tradersMomentum & hype…

Hong Kong is weighing a cautious shift that could open the door for insurers to enter crypto markets. Summary Hong Kong’s insurance regulator is proposing rules that could allow insurers to hold crypto under a 100% risk charge. Stablecoins would face capital requirements based on the fiat currency they track. The plan fits into Hong Kong’s wider push to expand regulated crypto activity while limiting risk. The city’s Insurance Authority is proposing new rules that would allow insurance firms to invest in assets such as cryptocurrencies and infrastructure. According to a Dec. 22 Bloomberg report, the move would mark the…

Aave price slid on Dec. 22 after a large holder moved a sizable block of tokens into the market, setting off a sharp sell-off over a short period.  Summary A whale sold 230,350 AAVE worth about $37.6M, pushing price down near $162. On-chain data shows mixed whale behavior, with some large holders still adding positions. The chart shows pressure near the $160–165 zone, with resistance stacked overhead. The move pushed the token down to around $161.70 at press time, with the price slipping back toward levels that have tested buyers several times this month. According to on-chain data, a single…

Crypto trading bots are the new talk of the town. They have grown popular on a daily basis with some of them even passing $1 billion in trading volume.  Gmgn, Dbot and Bullx are some of the most popular crypto trading bots used worldwide. Each bot offers unique features designed to optimize trades, manage risks, and automate strategies. Below is a detailed comparison of these crypto trading bots across different parameters to help crypto traders decide which crypto trading bot best suits their needs and preferences. For on-demand analysis of any cryptocurrency, join our Telegram channel. Table of Contents Overview of…

The rise of cryptocurrency trading bots has revolutionized the way traders interact with the crypto markets. These crypto trading bots are designed to automate trading strategies, help manage risk, and ensure timely execution in the fast-paced world of crypto.  In this article, we will compare three popular crypto trading bots: BonkBot, Shuriken, and Trojan Bot, examining their features, pricing, usability, and best-fit use cases. We will also provide a detailed analysis to help you decide which trading bot aligns best with your needs and trading style. For on-demand analysis of any cryptocurrency, join our Telegram channel. BonkBot: A Meme Coin Specialist…

What is a SOULBOUND NFT? Ethereum’s co-founder, Vitalik Buterin, characterises soulbound tokens as NFTs that are inherently non-transferable. These tokens have the potential to effectively symbolize an individual’s identity and accomplishments within the Web3 framework. The concept of “Soulbound items” found in the widely known fantasy game World of Warcraft. These special in-game items, once acquired, are rendered non-transferable and cannot be sold to other players. What are NFTs? Non-fungible tokens (NFTs) represent a category of blockchain assets, enabling holders to verify ownership of either tangible or digital items. Each NFT possesses distinct characteristics and cannot be duplicated. Typically, ownership…

Cryptocurrency trading bots have become indispensable tools for traders seeking to optimize their strategies and leverage market opportunities.  Crypto trading bots like Maestro Bot, Trojan Bot, and Shuriken stand out for their unique features and capabilities.  This article provides an in-depth comparison, analyzing their features, pricing, transaction fees, and ideal use cases. For on-demand analysis of any cryptocurrency, join our Telegram channel. Table of Contents Maestro Bot Maestro Bot is a multi-functional trading bot tailored for both beginners and experienced traders. It integrates seamlessly with various platforms and offers advanced features. Key Features Telegram Integration: Maestro Bot operates via Telegram, making…