Schwartz argues that newly minted XRP staking rewards should only be taxed when sold, not when received. He distinguishes newly minted rewards (taxed at sale) from transferred tokens (taxed when received). IRS Revenue Ruling 2023-14 taxes staking rewards when received, contradicting Schwartz’s argument. David Schwartz, Ripple’s former CTO, has reignited...
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Samsung Backs Upbit Operator Dunamu With $408M Investment
Samsung affiliates will buy a 4% stake in Dunamu for $408 million. Samsung Securities gets 2% while Samsung SDS and Samsung Card each get 1%. The three Samsung units will cooperate on tokenized securities, blockchain, and digital payments. The Samsung Group affiliates took a massive and highly strategic step into...
Bitcoin Sell Pressure Surges as BTC Slides Toward $73K
Bitcoin nears $73K as 7D spot volume delta turns negative and ETF inflows, spot demand, and volatility expectations fade. Bitcoin came under fresh pressure as spot market data showed stronger selling during the latest pullback. BTC moved from the low $80,000 region toward $75,000, while some data tracked a deeper...
XRP Whale-Retail Spread Drops to 88.3%, Lowest Since May 2024
XRP Binance whale-retail spread hits 88.3%, nearing its lowest point since May 2024, as on-chain flow structure shifts away from peak whale dominance. The spread is back near the floor. XRP’s Binance whale-retail flow metric has dropped to 88.3%, a level not seen since May 2024, and it got there...
Exchange Reserve Hits 6-Year Low. What’s Different This Time Could Shock You
Bitcoin exchange reserve hits 2,666,753 BTC, a level not seen since August 2019. The supply picture looks familiar. The market cycle does not. The last time this many Bitcoin sat off exchanges, a cup of coffee still cost less than a satoshi’s worth of BTC at today’s price. August 2019....
ETH Bear Flag Confirmed: 47% Downside Target at $1,075 as Altcoins Flash Warnings
ETH bear flag confirmed with a 47% downside target of $1,075. BTC breaks below $74,243. Altcoins flashing stacked bearish warnings. Bitcoin slipped almost 2% on Wednesday, putting in a lower local low at $74,243.99. That number beat the Saturday wick at $74,289. Crypto analyst MooninPapa on X called it the...
BC.GAME: BC Engine Stakers Have Earned Over $2M in Rewards
BELIZE City, Belize, May 28th, 2026, PlayNewswire BC.GAME has announced that stakers on BC Engine have earned more than 2.1 million BCD, worth over $2.1 million, only a few weeks after the system launched on April 8. BC Engine is an in-platform rewards system built around BC.GAME’s platform coin, $BC....
Bit Digital Extends $100M Loan to WhiteFiber Using Ethereum Credit
Bit Digital is extending a $100M loan facility to a WhiteFiber subsidiary, expandable to $150M. Funding supports WhiteFiber’s growth in high-performance computing and AI infrastructure. Advances may be funded via Ethereum-denominated secured credit, maintaining ETH exposure. Bit Digital is leveraging its Ethereum holdings. The Nasdaq-listed business announced a $100 million...
Cardone Capital Buys 130 More Bitcoin in Bold Crypto Push
Cardone Capital bought 130 BTC worth ~$10M during a Bitcoin price dip. The firm integrated $100M BTC into its $235M real estate portfolio. This is Cardone Capital’s fourth real estate deal involving Bitcoin. Cardone Capital, a real estate corporation led by Grant Cardone, has increased its Bitcoin investment during the...
Crypto Cards See 230% Monthly Volume Explosion Since 2025
Crypto card monthly volume surged 230% year-over-year to $7.8 billion. Visa captures about 90% of crypto card transactions through on-chain partnerships. Stablecoins drive adoption by letting users spend crypto like fiat via cards. Monthly payment volume on crypto-linked debit and credit cards has increased by around 230% over the previous...