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币世界中本聪 Satoshi Nakamoto
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Musk and CZ optimistic about the 2025 altcoin season! The crypto market may welcome a significant rebound.
In 2022, 2023, 2024, and 2025, this cycle has reached its fourth year, with the preceding three years laying the groundwork, and the last year reaping the rewards. As usual, just let the bull arrive on schedule. Happy New Year 2025 and Happy New Year's Day.
Back to the point:
The IRS has issued a temporary relief measure, expected to benefit cryptocurrency holders on centralized finance (CEFI) platforms in 2025. This regulation will take effect on January 1, 2025, requiring the use of a first-in, first-out (FIFO) accounting method for crypto assets unless opting for other preferred methods like highest-in, first-out (HIFO) or Spec ID. The IRS's temporary relief allows taxpayers to continue using their own records or tax software to identify specific assets being sold. This relief period only applies to CEFI trades between January 1, 2025, and December 31, 2025. After this date, taxpayers will need to formally choose an accounting method with their brokers. Bitcoin Magazine reported that Switzerland has officially begun reviewing a proposal for a nationwide referendum called "Building a Financially Strong and Responsible Switzerland (BTC Initiative)." The proposal has been published in the Federal Gazette and has entered the signature collection phase, aiming to incorporate BTC into the Swiss national financial system through a constitutional amendment. According to The Block data, in December 2024, CEX spot trading reached $2.94 trillion, the highest since May 2021, with a nearly 10% month-on-month increase from November. DEX spot trading reached $323.25 billion, setting a historical high, with a 7.89% month-on-month increase from November. X (Twitter) platform CEO Linda Yaccarino stated that in 2025, X will connect users in unprecedented ways, such as X TV, X Money, Grok, etc. This means that the payment feature X Money will be launched this year.
Back to the point:
The IRS has issued a temporary relief measure, expected to benefit cryptocurrency holders on centralized finance (CEFI) platforms in 2025. This regulation will take effect on January 1, 2025, requiring the use of a first-in, first-out (FIFO) accounting method for crypto assets unless opting for other preferred methods like highest-in, first-out (HIFO) or Spec ID. The IRS's temporary relief allows taxpayers to continue using their own records or tax software to identify specific assets being sold. This relief period only applies to CEFI trades between January 1, 2025, and December 31, 2025. After this date, taxpayers will need to formally choose an accounting method with their brokers. Bitcoin Magazine reported that Switzerland has officially begun reviewing a proposal for a nationwide referendum called "Building a Financially Strong and Responsible Switzerland (BTC Initiative)." The proposal has been published in the Federal Gazette and has entered the signature collection phase, aiming to incorporate BTC into the Swiss national financial system through a constitutional amendment. According to The Block data, in December 2024, CEX spot trading reached $2.94 trillion, the highest since May 2021, with a nearly 10% month-on-month increase from November. DEX spot trading reached $323.25 billion, setting a historical high, with a 7.89% month-on-month increase from November. X (Twitter) platform CEO Linda Yaccarino stated that in 2025, X will connect users in unprecedented ways, such as X TV, X Money, Grok, etc. This means that the payment feature X Money will be launched this year.
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CRV
0.9239
+5.22%
ENA
0.943
+9.79%
CVX
4.023
+0.87%
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