lidyazhu
8 Posts
lidyazhu
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Block User
4 Following
0 Followers
8 Liked
Posts
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Bullish
BNB quietly crossed $770 ,
While everyone is watching $BTC , $BNB keeps moving.
BNB quietly crossed $770 ,
While everyone is watching $BTC , $BNB keeps moving.
While everyone is watching $BTC , $BNB keeps moving.
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81
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$oil above $100
yields are climbing
$BTC back near $77K
suddenly the macro picture doesn't look as friendly as it did a few days ago
CPI tomorrow could get very interesting
$oil above $100
yields are climbing
$BTC back near $77K
suddenly the macro picture doesn't look as friendly as it did a few days ago
CPI tomorrow could get very interesting
yields are climbing
$BTC back near $77K
suddenly the macro picture doesn't look as friendly as it did a few days ago
CPI tomorrow could get very interesting
1
117
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$SOL is starting to look less like just a crypto trading chain.
$18.5B+ in real world assets are now sitting on the network, with $16.4B coming from stablecoins.
Stocks, funds, payments, stablecoins...
Feels like Solana is quietly turning into one of the main settlement layers for onchain finance.
$SOL
{spot}(SOLUSDT)
$SOL is starting to look less like just a crypto trading chain.
$18.5B+ in real world assets are now sitting on the network, with $16.4B coming from stablecoins.
Stocks, funds, payments, stablecoins...
Feels like Solana is quietly turning into one of the main settlement layers for onchain finance.
$SOL
$18.5B+ in real world assets are now sitting on the network, with $16.4B coming from stablecoins.
Stocks, funds, payments, stablecoins...
Feels like Solana is quietly turning into one of the main settlement layers for onchain finance.
$SOL
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206
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Bullish
$BTC is back around $80K after briefly pushing above $82K.
Now all eyes are on next week’s CPI.
Cooler inflation could bring rate cut expectations back into the picture.
$BTC finally getting some momentum again... let’s see if it can hold. 👀
$BTC is back around $80K after briefly pushing above $82K.
Now all eyes are on next week’s CPI.
Cooler inflation could bring rate cut expectations back into the picture.
$BTC finally getting some momentum again... let’s see if it can hold. 👀
Now all eyes are on next week’s CPI.
Cooler inflation could bring rate cut expectations back into the picture.
$BTC finally getting some momentum again... let’s see if it can hold. 👀
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844
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IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases
27,165 views
314 Discussing
Guy A: Bro I finally hit it.
Closed the year with a clean $1,000,000 profit from trading $IRYS , $ZEC and $PEPE .
Guy B: Congrats man… now when are you reporting it?
Guy A: Reporting what?
Guy B: The million dollars.
IRS.
Guy A: Come on, it’s crypto. They don’t really—
Guy B: They do.
Especially now.
That profit is taxable. Short-term or long-term, doesn’t matter. You made it, you owe on it.
Guy A: So what, I'll just send them a check for bottle of beer😁?
Guy B: Pretty much. Or you keep quiet and hope they never notice.
But with 1099-DAs rolling in and the new voluntary disclosure program dropping before December… the “hope they never notice” plan is getting expensive.
Guy A: …You’re serious.
Guy B: Dead serious.
You either report the million and sleep at night, or you wait until they find it and the conversation gets a lot more expensive.
Quick context:
The IRS is updating its voluntary disclosure program before December,lower penalties and cases resolved in about 120 days. Crypto profits are treated the same as any other income. If you made serious money and didn’t report it, coming forward now is cheaper than waiting for them to find you.
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases
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