Weekly Crypto News Roundup: Major Headlines and Developments

By: Isha Das

• Widespread Confusion Among US Crypto Users Over Tax Regulations: A survey by Coinbase highlights confusion over tax regulations among US crypto users, leading to challenges in identifying taxable events. Read more
• Bitcoin Faces Six-Month Loss Streak Amid Fear and Uncertainty: Bitcoin struggles as geopolitical tensions cause a six-month loss streak, reminiscent of the 2018 bear market. Read more
• Chainlink and Anchorage Digital Support New Crypto-Backed PAC: New Blockchain Leadership Fund by Chainlink Labs and Anchorage Digital aims to boost blockchain policy advocacy. Read more
• Ethereum Foundation Accelerates ETH Staking Strategy: Ethereum Foundation significantly boosts its treasury by staking $46.2 million in ETH. Read more
• Square Integrates Bitcoin Payments for US Merchants: Square announces Bitcoin payment integration for US merchants, marking a pivotal step in digital currency adoption. Read more