CryptoNews

New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days

January 3, 2024
A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. “If you don’t file a report within 15 days of receiving the transaction, you could be found guilty of a felony offense,” Coin Center warned. New…
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CryptoNews

Spot ETF Approvals Will See BTC Value Rising to $50,000 in January

January 3, 2024
The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $50,000 in January, the latest market preview by Matrixport has predicted. The crypto financial services platform said the approval of ETFs, combined with bitcoin halving, will likely see the price of BTC rising to…
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Cleantech & EV'sNews

New Porsche Taycan smokes Tesla Model S Plaid record, is it the next electric hypercar?

January 3, 2024
A new Porsche Taycan is expected to be unveiled soon. Ahead of its release, Porsche tested the pre-series Taycan out at the Nurburgring. The new Porsche Taycan lapped the Nurburgring 26 seconds quicker than the current version, topping the Tesla Model S Plaid by a whopping 18 seconds. New Porsche Taycan tops Tesla Model S Plaid record Porsche has been testing the new Taycan for several months…
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Cleantech & EV'sNews

Tesla (TSLA) releases Q4 delivery results, breaks another record

January 3, 2024
Tesla (TSLA) has released its Q4 2023, and subsequently, full-year 2023, delivery results, and the automaker has broken another delivery record. During the first three quarters of the year, Tesla delivered 1,324,074 vehicles around the globe. With a guidance of 1.8 million vehicles delivered in 2023, it meant that Tesla needed to deliver around 476,000 vehicles in Q4 in order to achieve its…
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