CoinGecko: Meme Coins Are #1 Trend in 2024

CoinGecko: Meme Coins Are #1 Trend in 2024

Source: Bitcoinist 2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest. This means every third user favored DOGE and PEPE over BTC. Solana, hosting tokens like BONK, WIF, POPCAT, and PNUT, still dominates the sector. Base is a runner-up with a $2.6B meme coin market…

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Crypto Staking Classified As Taxable By IRS Amid Legal Dispute | TheSpuzz

Crypto Staking Classified As Taxable By IRS Amid Legal Dispute | TheSpuzz

Source: Bitcoinist The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not constitute new property, and are therefore subject to immediate taxation upon generation. IRS Confirms…

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