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15:14
Bitcoin company Strategy's preferred stock weekly trading volume reaches $687 million
According to a report by Bijie Network: Bijie Network reported that, according to a tweet from BitcoinTreasuries, the perpetual preferred shares of the bitcoin treasury company Strategy reached a trading volume of $687 million last week, indicating that the bitcoin-backed credit market is booming.
15:14
XRP price surges 300%: What exactly happened?
According to CoinWorld, XRP is facing conflicting signals: transaction volume on its ledger surged by 300% within 24 hours, while its price continues to decline, breaking below key moving averages and approaching the lowest levels since the previous market cycle. Analysts warn that the spike in on-chain activity may indicate panic selling or capital reallocation rather than genuine buying. Despite increased network usage, technical momentum remains negative, and the price may fall further.
15:11
Digital Ascension Group partners with accounting firms to launch cryptocurrency tax planning and filing services
According to a report by Bijie Network: The family office for digital asset holders, Digital Ascension Group, has now partnered with multiple professional accounting firms to provide comprehensive cryptocurrency tax filing and reporting services. As the IRS in the United States strengthens its regulation, the demand for accurate reporting is increasing, with new forms such as 1099-DA set to take effect for the 2025 tax year. This service is designed to meet that demand. Digital Ascension Group’s team of tax experts can handle a wide range of tax matters, from simple bitcoin transactions to complex DeFi transactions, staking rewards, and NFT sales, using specialized software to calculate gains and prepare required forms such as 8949.
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