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Kraken filed 56 million crypto tax forms for 2025. A third were below $1

Crypto exchange Kraken claims to have filed 56 million crypto transaction forms with the United States Internal Revenue Service (IRS) for fiscal year 2025. About 18.5 million of them covered transactions worth less than $1, and more than half covered transactions worth $10 or less. Only 8.5% of newly introduced 1099-DA forms exceeded $600, the

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Polymarket traders don’t see Kelp socializing his losses after $292 million exploit

A Polymarket contract on whether Kelp DAO will spread losses from the weekend’s $292 million exploit beyond those directly affected indicates a clear answer: probably not. Punters give a 14% chance that Kelp will “socialize losses” or implement a mechanism forcing rsETH holders on Ethereum, which was not affected, to share the pain of users

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The signal traders have been waiting for on Bitcoin (BTC) price momentum is here

Bitcoin BTC$78,287.19 pushed above $78,000, lifting the broader crypto market. The move comes as risk sentiment improved after US President Donald Trump extended the ceasefire with Iran. Stock index futures also rose. The cryptocurrency’s rise ended the choppy weeks of trading between $65,000 and $75,000 that defined March and early April, finally giving momentum traders

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BTC Price Stagnates at $78,000 as Traders Prepare for Liquidation Breakout: Crypto Markets Today

The crypto market is poised for a major breakthrough with Bitcoin BTC$78,115.56 trading at $78,000, the level it failed to breach on Friday and a price it has not exceeded since January. A break above this level would trigger bullish momentum up to $80,000, as $180 million in futures positions are expected to be liquidated

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why $79,200 could serve as a launch pad or ceiling for Bitcoin

Bitcoin BTC$78,092.39 is near a decisive moment as it tests two closely aligned on-chain resistance levels, following about 75 days of sideways consolidation from its Feb. 6 local low at $60,000 as bitcoin climbs above $78,000. The first measure is the true market average, currently at $78,200. This metric, tracked by Checkonchain, reflects the average

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What’s next for Ripple pegged token as quantum roadmap adds to bullish scenario

XRP is pushing higher again, and this time the move has volume behind it. The structure looks cleaner than previous attempts, but it still sits just below major resistance, meaning it still has more to prove before this turns into a full breakout. News context • Ripple outlined a four-phase plan to make the XRP

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Volo Protocol Loses $3.5 Million in Operating Days After KelpDAO Breach

Another day, another feat. The security crisis of blockchain-based decentralized finance (DeFi), once touted as a challenger to existing infrastructure, is only getting worse. The latest victim is Volo Protocol, a platform built on the Sui blockchain, where users deposit assets into yield-generating “vaults,” which function like pooled investments. Deposited tokens such as bitcoin, stablecoins,

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Tron’s Justin Sun sues Trump-linked World Liberty Financial for freezing his assets

Tron creator Justin Sun on Tuesday sued World Liberty Financial, the stablecoin and crypto company backed by members of U.S. President Donald Trump’s family, alleging the project unfairly blocked his $WLFI holdings, made fraudulent misrepresentations, and threatened and defamed Sun. The lawsuit filed Tuesday, which includes a line about Sun’s support for Trump himself, alleges

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