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Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO


Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering.ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before...

How to handle crypto trading gains and losses on your balance sheet


Key takeawaysProperly accounting for crypto assets on your balance sheet is essential for accurate tax reporting and financial transparency.Crypto trading activities should be recorded like stock trading, at fair market value on the day of purchase.In some countries, like the US, crypto losses...

Blackrock Powers Bitcoin ETF Gains Despite Big Outflows From Rivals


Bitcoin ETFs secured another net inflow of $115 million on Thursday, May 15, driven entirely by a massive injection of $409.72 million into Blackrock’s IBIT. Ether ETFs reversed their recent inflow momentum, logging a $39.79 million net outflow. Crypto Flows Split: Bitcoin ETFs Add $115 Million...

Dogecoin traders predict 180% DOGE price rally if Bitcoin gains continue


Key Takeaways: Dogecoin's 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March. A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.65 and $1.Dogecoin's (DOGE) price rallied in lockstep with Ethereum over the past 7 days, gaining...

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