Author: NBTC

Yes, the IRS taxes NFTs as property, and that single fact drives everything else. Creators who mint and sell generally owe ordinary income tax (and often self-employment tax); collectors who buy, hold, and flip owe capital gains or losses on each sale. Art-like or “collectible” NFTs may be subject to a higher long-term capital gains tax rate than the standard brackets, and marketplaces now issue Form 1099-DA, so the IRS sees more of your activity than it did two years ago. Three things to do this week: Log every transaction with a date, USD value, and wallet address. Save the…

Ethereum trades at $2,472 as of 24 August 2026, up 0.38% on the day and roughly 28% over the past seven sessions. That is the strongest weekly performance $ETH has printed all year, and it came out of nowhere for anyone who was not watching the macro tape. Three catalysts stacked on top of each other in the space of 48 hours. The US Treasury announced it would at least double its buybacks of longer-dated government debt, lifting the operation size from around $2 billion to $4 billion. That pushed long-end yields lower and reopened the risk appetite window that…

The five-day run in spot crypto ETF flows is becoming harder to dismiss as a one-off asset rotation. Spot Bitcoin ETFs pulled in $307 million in net inflows on August 21, while spot Ethereum ETFs added $185 million, according to the original report from WuBlockchain. Both product categories have now posted five consecutive sessions of positive net flows. That symmetry matters. Bitcoin products usually lead flow cycles, but Ethereum ETFs often lag or leak assets during risk-off stretches. A multi-day streak across both asset classes suggests the buying is not limited to a single narrative, such as a flight to…

For many crypto investors, buying a presale token is only the beginning. The bigger question is what happens after fundraising ends. Will the token reach exchanges? Will new products launch? Will the ecosystem continue developing once public trading begins? Those are the milestones investors usually watch next. In MemeToro’s case, the roadmap extends beyond the presale itself, with exchange listings, staking, AI-powered tools, and a longer-term vision that aligns with $BNB Chain’s move toward autonomous blockchain infrastructure. The Presale Is Only Phase One Every presale has one purpose: distribute tokens before the public market opens. After that, attention shifts toward…

Germany has widened its lead as the European Union’s biggest crypto compliance hub, with regulators authorizing six additional banks under the bloc’s Markets in Crypto-Assets framework. The move pushes the country’s total number of MiCA-authorized entities to 79, according to a Cointelegraph report, cementing Germany’s position at the center of Europe’s evolving digital asset infrastructure. The update on Germany’s MiCA crypto regulation landscape arrives as banks across the bloc weigh how deeply to engage with digital assets under a still-maturing rulebook. Key takeaways Germany’s MiCA-authorized entity count has climbed to 79, with six banks newly added to the roster. Germany…

South Korea’s Financial Supervisory Service (FSS) has initiated a review of Bithumb, one of the country’s largest cryptocurrency exchanges, following reports of prolonged altcoin withdrawal delays that have frustrated users and raised questions about the platform’s operational reliability. According to a report by Digital Times, an altcoin withdrawal request made by a user on Aug. 10 was not processed until approximately 3:25 p.m. the following day—a delay of more than 13 hours. The user contacted Bithumb’s customer service after waiting four hours without any update. The exchange’s response, provided in English, cited a ‘current balance shortage’ and indicated that withdrawals…

Rain, a stablecoin card provider, has acquired Ansa, a startup specializing in digital prepaid wallet infrastructure. The deal marks a strategic move to broaden the usability of branded wallet balances, allowing customers to spend preloaded funds at any merchant that accepts Visa or Mastercard. What the acquisition means for Rain and Ansa Ansa offers B2B software that enables companies to operate their own branded digital prepaid wallets. Previously, balances in these wallets could only be used within the issuing company’s ecosystem. By integrating with Rain’s stablecoin card platform, those balances will now be spendable at external merchants through the major…

Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin ($BTC) and risk assets. Key points: The first joint intervention in the yen between Japan and the US since the late 1990s could set a precedent for future moves. A liquidity crisis tied to the yen carry trade poses questions for Bitcoin and risk assets as the two countries attempt a juggling act to stabilize the currency without impairing US Treasury markets. Japanese two-year bond yields rose above 1.57% on Monday. Bessent signals new era of US yen involvement Washington’s growing coordination with the Bank…

Fundstrat’s Tom Lee highlighted the asset manager’s inflows as a sign of resilient demand amid falling crypto prices. Bitwise has pulled in $1.8 billion in investor capital during a period marked by declining cryptocurrency prices, according to figures highlighted this week. The inflow was noticed and shared publicly by Tom Lee, the Fundstrat co-founder known for his long-running bullish stance on digital assets. Bitwise is one of a handful of asset managers that built its business around packaging crypto exposure into regulated investment products. The firm has positioned itself as a bridge between traditional finance and digital assets, competing with…

THORChain’s development roadmap just got restructured around a single, unavoidable milestone: the THORChain v3.20 update. A consensus issue discovered during vault rotation has forced the network to pause all churning — and until v3.20 ships, that pause stays in place. What began as a modest point release has grown into a major deployment carrying security patches, the long-awaited Monero integration, and a new router V6. This is the most consequential release on THORChain’s near-term calendar. Key takeaways THORChain’s vault rotation (churn) is paused until v3.20 ships, due to a consensus bug triggered during churning. The planned v3.19.4 patch has been…