In Austria, Bitcoin savings plans spread purchases across multiple transactions, leading to varying purchase prices. For tax purposes, Austria applies a moving average price method, merging acquisition costs of the same cryptocurrency held at one address or wallet into a single average price. Each new purchase shifts this average, which is used to calculate taxable gains upon sale. Legacy Bitcoin holdings before March 2021 and certain flat-rate valued holdings are treated separately. This method simplifies tax calculations but requires investors to keep detailed records of purchases and wallet transfers.
The PENGU token from Pudgy Penguins surged about 62% recently due to renewed speculation that CEO Luca Netz plans to take the company public by 2027. This rally occurred despite a large token unlock earlier in the year, indicating strong buying inter...
Bitcoin closed above its 50-week exponential moving average (EMA) for the first time since November 2025, signaling a possible medium-term trend reversal. This technical move comes as markets prepare for the Federal Reserve's Jackson Hole symposium, ...
The US Treasury is considering using its nearly $1 trillion General Account (TGA) to fund increased purchases of long-term government bonds, following a surprise announcement to double bond buybacks. This move could provide significant firepower to i...
MicroStrategy, holding 846,000 BTC, trades around $119.25, down 21.5% year to date, reflecting bitcoin's 11.58% drop and an $8.32 billion unrealized loss on digital assets in Q2 2026. Benchmark analyst Mark Palmer maintains a $435 price target, imply...
Solana's price surged about 26% after breaking above $78, driven by optimism from the U.S. SEC's proposed crypto regulation framework and active governance votes on inflation and fees. The token briefly surpassed $100 before pulling back to around $9...
