Crypto markets spent the week chasing green, but Ether’s rally toward $2,500 might hit significant setbacks. Cointelegraph explains why. Key takeaways: ETH derivatives signal a shift to safety as professional desks hedge against downside risks and global instability. Institutional preference for decentralization keeps Ethereum dominant despite its recent drop in network activity. Read more
If adopted, the proposal will take effect on Jan. 1 of the calendar year following the publication of the final IRS rules. The US Internal Revenue Service (IRS) is seeking to require electronic delivery of tax forms to crypto exchange users. Under the current rules, exchanges are required to provide paper copies of tax form 1099-DA, the IRS tax form used to document crypto transactions from a centralized exchange or broker, if users request paper forms. The proposed new rules, slated to be published on Friday, remove this requirement and allow brokers to “terminate” their relationships with existing clients if they refuse electronic delivery of tax forms. Read more
Public miners are trimming Bitcoin reserves as tightening margins, debt pressure and a post-crash reset force the industry to rethink its once-popular hold strategy. Bitcoin mining companies have offloaded a sizable portion of their Bitcoin reserves in recent months, signaling a shift away from the self-treasury strategy that dominated the industry during the 2024–2025 market upcycle. According to TheEnergyMag’s Miner Weekly newsletter, publicly listed miners have sold more than 15,000 Bitcoin (BTC) since October. That month marked the market’s peak before a historic flash crash triggered widespread deleveraging across the industry. Several large miners contributed to the sell-off. The newsletter highlighted Cango’s February sale of 4,451 BTC, equal to roughly 60% of its reserves, as well as Bitdeer, which reportedly liquidated its entire Bitcoin treasury last month. Read more
The Nasdaq-listed miner sold nearly all of its February production while expanding power capacity in Texas and maintaining a treasury of more than 13,000 BTC. US Bitcoin miner CleanSpark last month sold 553 Bitcoin from its February production for about $36.6 million, while producing 568 BTC during the month, according to the company’s latest operational update. The company ended February with 13,363 BTC (BTC) in its treasury and continued expanding its infrastructure by completing the closing on a second Texas campus that adds 300 megawatts of ERCOT-approved power capacity. The Electric Reliability Council of Texas, or ERCOT, operates the state’s electrical grid. Read more
The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.” Eric Trump, son of US President Donald Trump and one of the co-founders of the family-backed crypto business World Liberty Financial, has jumped on the anti-bank messaging that many in the industry are espousing amid disagreements over how to handle stablecoin rewards. In a Wednesday X post, Eric Trump echoed his father, claiming that banks were “desperately targeting” cryptocurrencies and stablecoins as discussions lag on the market structure bill in the US Senate. The post came hours after the president posted a similar message claiming that banks were holding the legislation “hostage.” The issue of stablecoin yield has been dividing many US lawmakers, banking industry representatives, and crypto companies, stymieing the market structure legislation. Eric Trump and many in the crypto industry oppose a ban on stablecoin yield, arguing it would “block any rewards or p...
Backtested data and forward-looking models found that dollar-cost averaging Bitcoin buys is the best way to invest in BTC. Will the strategy work in the next bull market? Smart investors adjust their strategy during bear markets and 50% drawdowns like the one seen in Bitcoin (BTC) over the last five months. The strategy, known as dollar-cost averaging (DCA), involves investing the same amount at regular intervals regardless of market conditions. Historical market cycle data and forward-looking BTC price simulations provide a clearer view of how these steady investment patterns develop across different entry periods and time horizons. A $250 weekly Bitcoin purchase starting in January 2021 resulted in $67,500 invested over a five-year period. Based on DCA simulation data, the strategy accumulated 1.65097905 BTC at an average purchase price of $40,884. Read more