My sister, mother and I are giving my son $20,000 toward a down payment. Do we report it to the IRS?
“I’m confident that I will never exceed the lifetime gift-tax exemption.”
“I’m confident that I will never exceed the lifetime gift-tax exemption.”
The debt of the world’s biggest economy is no longer the primary reserve asset for central banks worldwide.
Nvidia CEO Jensen Huang called the semiconductor company “so essential” to the development of artificial intelligence.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9tdGdveDEuanBn.jpg" alt="Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham" class="type:primaryImage"></p><p>Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions.</p>
Singer-songwriter Charlie Puth has sold an ultramodern “sculptural” residence in Studio City for $2.1 million—less than a year after putting the architectural marvel on the market.
Lopez shared a series of photos and videos from her weekend on Instagram, revealing a glimpse at her picturesque property and the renovations she has done since buying it last year.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9iLW1hbi1ncm93dGgtZmFsbGluZy0xLmpwZw==.jpg" alt="Bitcoin price falls under $70K as crypto markets liquidate $800M" class="type:primaryImage"></p><p>Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line.</p>
Deutsche Bank analyst downgraded SoftBank to hold.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9yb2Jpbmhvb2QtY2FuYWRhLmpwZw==.jpg" alt="Robinhood enters Canada after $180 million WonderFi acquisition" class="type:primaryImage"></p><p>Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control. </p>
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1hdXN0cmFsaWFuLWV4cGVyaW1lbnRzLXdpdGgtY3J5cHRvLXRvbi5qcGc=.jpg" alt="TON jumps 15% as The Open Network plans rebrand to Gram" class="type:primaryImage"></p><p>Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram.</p>
Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy90ZXh0LXJlcGxhY2VkLTEuanBn.jpg" alt="Strategy’s Bitcoin sale causes clash for $80M in Polymarket bets" class="type:primaryImage"></p><p>A clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy90ZXh0LXJlcGxhY2VkLmpwZw==.jpg" alt="DeFi protocol Radiant to wind down after failing to recover from 2024 hack" class="type:primaryImage"></p><p>Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions.</p>
These AI prompts can help make you a master salary negotiator at your next job interview.
The artificial-intelligence buildout is driving intense demand for networking and servers, and Hewlett Packard Enterprise is reaping the rewards.
Berkshire Hathaway is buying Alphabet’s stock at a discount as part of a newly announced equity offering.
Micron stands to benefit from a favorable pricing environment, low competition — and now a new Nvidia chip, analysts say.
“I’m not looking for a ‘don’t do it’ opinion.”