Uday Pilgaonkar

The taxation of cryptocurrency staking rewards in the United States remains a complex and evolving area. Current IRS guidance is limited, leading to uncertainty among taxpayers and tax professionals. Generally, rewards earned through staking are considered taxable income, typically at their fair market value when received. This treatment aligns with the taxation of other forms of income like interest or dividends. However, the specific character of this income, whether ordinary income or something else, is still debated. Furthermore, the cost basis of the staked tokens is also affected, requiring careful tracking for future capital gains or losses when the tokens are eventually sold. The lack of comprehensive regulatory clarity necessitates that individuals engaging in crypto staking meticulously document their transactions and seek professional tax advice to ensure compliance with existing, albeit vague, guidelines. A more definitive stance from the IRS would greatly benefit the crypto community and contribute to a more transparent and efficient tax system.
A bipartisan group of U.S. House lawmakers, numbering eighteen, has formally requested the Internal Revenue Service (IRS) to re-evaluate its existing regulations concerning the taxation of cryptocurrency staking prior to 2026. In a letter addressed to acting IRS commissioner Scott Bessent, these lawmakers, spearheaded by Republican Mike Carey, advocate for a review and subsequent update of what they deem “burdensome” tax laws pertaining to crypto staking.
Carey stated the letter's purpose is to ensure equitable tax treatment for digital assets, emphasizing that the elimination of double taxation on staking rewards represents a significant stride in this direction. The communication specifically urges the IRS to implement taxation on staking rewards at the point of sale. This proposed alteration aims to ensure that “stakers are taxed based on a correct statement of their actual economic gain,” thereby aligning taxation more closely with realized profits. The lawmakers contend that the current system imposes undue financial strain on crypto stakers, and that revising the policy would foster greater clarity and fairness within the digital asset space.
The taxation of staked crypto assets has become a point of contention, with lawmakers arguing that current regulations impede participation in the staking market. A recent letter from lawmakers highlights the double taxation of staking rewards—once upon receipt and again upon sale—as a hindrance to network security and U.S. leadership in the digital asset space. They argue that the administrative burden and potential for over-taxation discourage participation, thereby undermining a fundamental aspect of certain blockchain technologies. The letter urges consideration of administrative updates to existing guidance to align with the administration's goal of fostering U.S. innovation in digital assets. This push for reform is further exemplified by a discussion draft introduced by House representatives, seeking to ease tax obligations on crypto users through exemptions for small #stablecoin transactions and deferrals for staking and mining rewards. These legislative efforts suggest a growing recognition of the need to adapt tax policies to support the evolving landscape of blockchain technology and digital asset adoption.
#uscryptostakingtaxreview2026 #USCryptoStaking

Despite the Trump accord, China continues to constrain US rare earth purchasers.

Market participants claim that even after President Donald Trump and his Chinese counterpart reached an agreement in October to relax limitations on the supplies, China is still limiting the rare earth elements that the US needs to manufacture its own permanent magnets and other products.

Although China has increased deliveries of finished goods, mainly permanent magnets, more than a dozen consumers, manufacturers, government officials, and trade experts stated that the US industry is still unable to obtain the inputs required to produce those goods independently, which is a top priority for the administration. Important details of Beijing's plan to open up rare earth sales have still to be agreed upon by the US and China.
#USChinaDeal2025

Here’s a breakdown of the Pippin (PIPPIN) price outlook:
📈 Current Situation
Recent Performance: PIPPIN is up 30% in the past 7 days.Key Level: It broke its previous all-time high at $0.528, but slipped back below.Market Sentiment: Heavy shorting is driving volatility — traders betting against it are being liquidated, which fuels upward spikes.
⚠️ Concerns
Wallet Concentration: 93 wallets hold 80% of the supply, raising red flags about centralization.Project Silence: Neither the project owner nor official accounts have posted updates in months.Leverage Risk: Around $3–4B in open futures interest suggests a violent move could happen in either direction.
🔮 Price Prediction
Bullish Case: If PIPPIN breaks and holds above $0.528, momentum could push it toward $0.80.Bearish Case: If liquidity shifts to longs, the coin could “nuke” — meaning a sharp crash.RSI Indicator: Currently near 60, showing bullish momentum, but history suggests this alone isn’t reliable.
🐕 Alternative Highlight
The article contrasts PIPPIN with Maxi Doge, a #memecoin presale project:
Raised $4.36M already.Offers 71% APY staking, encouraging holders to stay invested rather than flip.Seen as a “cleaner setup” compared to PIPPIN’s leverage-driven volatility.
✅ Takeaway:
PIPPIN could hit $0.80 if it sustains momentum above resistance, but its concentrated supply and speculative leverage make it highly risky. Maxi Doge, by contrast, is positioning itself as a steadier memecoin play with staking incentives.
#Pippen #PIPPINUSDT

$pippin

Top crypto presales for 2026 based on current market coverage and investor sentiment:
1. #DeepSnitch AI (DSNT)
Focus: AI-powered on-chain activity trackingUnique Features:Three live AI agents already working during presale:SnitchScan → scans smart contracts for token trapsSnitchFeed → tracks whale/wallet movementsSnitchGPT → converts prompts into intelligent on-chain researchPresale Performance: Price surged 96% to $0.02961; nearly $1M raisedLaunch Timeline: Expected Q1 2026Extras: Bonus codes (e.g., DSNTVIP50, DSNTVIP100) and staking incentives
2. #BlockDAG (BDAG)
Focus: Layer 1 blockchain project with DAG architectureRoadmap:Awakening Testnet completedGenesis Day milestone achievedMainnet launch targeted for February 2026Investor Appeal: Strong roadmap, exchange access plans, and liquidity strategy
3. #Ozak AI (OZ)
Focus: Predictive market intelligence using AIPresale Stats:Current price: $0.014Launch price: $1Raised over $5M alreadyInvestor Angle: Big upside potential due to AI-driven analytics
#WriteToEarnUpgrade #2026🚀💰💰
$BTC

The cryptocurrency market is experiencing a significant sell-off ahead of Christmas, with Bitcoin (BTC) dropping to around $87,000, down 2.1%, and many major altcoins, such as Solana and Cardano, seeing declines of over 3%. Overall, the market capitalization fell by 2.45% to $2.95 trillion as investors became cautious. This downturn follows a brief rally driven by strong US economic growth data, which has raised concerns about delayed interest rate cuts by the Federal Reserve—a situation typically unfavorable for crypto.
Market data indicates reduced investor participation, with a 1.5% drop in futures open interest and a decrease in spot trading volume. Additionally, Bitcoin's technical charts show a bearish pennant pattern and a "death cross," signaling potential further declines in price, echoing similar bearish trends in Ethereum. As investors pivot towards safer assets like gold and the Swiss franc, the outlook for Bitcoin and the wider cryptocurrency market appears increasingly negative.

#BearishPattern #BEARISH📉 #Christmas!

In the year 2025, the popularity of the organization is evident. It maintained its dominance, accounting for 70-85% of the total market share of cryptocurrency exchanges throughout the year. This focus reflects the way investors have approached digital currencies, looking at bitcoin as a primary entry point, and being wary of a broader digital asset allocation.
Bitcoin's dominance of the ETF market share has been maintained despite the launch of other asset products. A total of $31 billion to identify Bitcoin. ETFs show a strong interest in the industry through 2025, even with a large share of Bitcoin.
This institutional buying through ETFs and other investment vehicles has provided stable price support for Bitcoin through 2025, helping to improve the broader cryptocurrency market. The concentration of flows suggests that institutional investors view Bitcoin differently from other digital assets, more likely to be viewed as a macro hedge or digital asset, rather than being grouped into the broader cryptocurrency category.
The volume of the Spot Bitcoin ETF has increased significantly over the past three weeks, with December's daily volume strong enough to break the $5 billion mark. This indicates a possible change in the behavior of market participants as the end of the year approaches and falls into a period of low activity reminiscent of this year's summer vacation to the fourth quarter of last year.
#ETFvsBTC #ETFEthereum #WriteToEarnUpgrade

Important points about Dogecoin (DOGE) trading:
Dogecoin is currently trading around $0.13. According to analyst Kevin, the critical value for DOGE is $0.138. A return to this level at the 3rd and week's close could result in a positive change in market structure. A close above $0.138 coincides with key technical indicators such as the macro 0.382 Fibonacci retracement and the 200-week SMA (simple moving average). Kevin emphasizes the importance of trading on higher time frames rather than intraday movements for structural health. Bitcoin’s performance will be critical to DOGE’s ability to regain the $0.138 level. If DOGE’s move is successful, it will likely coincide with Bitcoin regaining the $88,000 to $91,000 zone. dogecoin weekly chart
Impact and current status of Bitcoin:
Bitcoin has encountered resistance at the key 4-hour moving average several times since October, hampering any bullish momentum. To confirm Bitcoin’s bottom, these moving averages and the $88,000 to $91,000 zone need to be reclaimed on higher time frames. Bitcoin needs to regain key 4HR-MA
Long-term considerations for DOGE:
The $0.143 to $0.127 area is important in determining DOGE's long-term trend. In the past, repeated rises in the weekly RSI from levels below 40 have supported DOGE prices. Failure at these levels could indicate a long-term downtrend.
#WriteToEarnUpgrade #StrategyBTCPurchase #doge⚡

Hilbert Group has acquired Enigma Nordic, a Swedish high-frequency cryptocurrency trading platform, for $25 million. This acquisition enhances Hilbert's systematic trading tools amid rising institutional demand for quantitative crypto exposure. Hilbert will pay $7.5 million in shares initially, with an additional $17.5 million contingent on Enigma's performance. Founded by Anderus Fris and Jonas Söderqvist, Enigma has forecasted a trading volume exceeding SEK 50 billion and boasts a Sharpe ratio above 3.0. The acquisition supports Hilbert's broader strategy, including plans to integrate Enigma's platform into its newly launched Bitcoin-denominated hedge fund, targeting new product offerings in the near future.
#WriteToEarnUpgrade

Crypto farming, also known as yield farming, is a way to earn passive income by lending or staking your cryptocurrency on decentralized finance (DeFi) platforms. In return, you receive rewards such as interest, trading fees.
What is Crypto Farming (Yield Farming)?
- Definition: Yield farming is the practice of depositing crypto assets into liquidity pools or lending platforms to generate returns.
- Mechanism: You provide liquidity to decentralized exchanges (DEXs) or stake tokens in smart contracts. In exchange, you earn rewards, often in the form of interest or governance tokens.
- Purpose: It helps DeFi platforms maintain liquidity while giving investors a chance to earn on otherwise idle assets.
How It Works
1. Deposit Crypto: You lock your tokens into a DeFi protocol.
2. Provide Liquidity: Your tokens are used to facilitate trading or lending.
3. Earn Rewards: You receive a share of transaction fees, interest, or new tokens.
4. Compound Returns: Many farmers reinvest their rewards to maximize gains.
Benefits vs Risks
Passive Income
Earn interest, fees, or new tokens on idle crypto.
Returns are volatile and depend on market conditions. |
High Yields
Some platforms offer double-digit or even triple-digit annual returns. | Impermanent loss if token prices fluctuate significantly. |
Liquidity
Supports DeFi ecosystem by enabling smooth trading. | Smart contract bugs or hacks can lead to loss of funds. |
Innovation
Access to new tokens and projects early. Regulatory uncertainty and scams are common in DeFi. |
Key Risks to Watch
- Impermanent Loss: If the value of deposited tokens changes, you may lose compared to holding them.
- Smart Contract Vulnerabilities: Bugs or exploits can drain liquidity pools.
- Market Volatility: Crypto prices swing wildly, affecting yields.
- Scams & Rug Pulls: Some projects disappear after attracting liquidity.
Tips for Beginners
- Start with reputable platforms (e.g., Uniswap, Aave, Curve).
- Diversify across multiple pools to reduce risk.
- Avoid chasing extremely high yields—they often signal higher risk.
- Always research the tokenomics and security audits of a project before investing.
Would you like me to break down the best yield farming platforms available right now with their pros and cons, so you can see where people are farming most successfully?
#WriteToEarnUpgrade
$BTC
$BNB