US taxpayers are increasingly concerned this year about reporting crypto and NFT gains, along with remote work implications and green energy credits

SAN FRANCISCO, March 19, 2025 /PRNewswire/ — Cryptocurrency gains, remote work tax implications and NFTs reporting rules: these are the newest and fastest trending topics among thousands of tax questions the accountants on JustAnswer are getting from US taxpayers this year according to just-released data from the popular expert platform today.

A popular resource for people seeking help with income tax filing questions and dilemmas, JustAnswer’s tax professionals processed more than 98,000 tax questions in 2024, and its experts have already received nearly 25,000 tax queries just since January 1st this year. The company typically sees its highest spike in tax questions starting this month as the IRS April 15th deadline approaches. Recently, JustAnswer analyzed the content of these queries in comparison to recent years to learn what are the newest, trending issues keeping taxpayers awake (and accountants busy) this year. The result? Questions about how to report gains and losses on cryptocurrency and NFT transactions, and the rules around deductions for home office setups and expenses, along with concerns over inflation and confusion over green energy tax credits and remote work implications dominated the conversations this year.

2025’s Top Trending Tax Questions on JustAnswer

1. Cryptocurrency Taxation: Continued interest in how to report gains and losses from crypto transactions.
2. Remote Work Tax Implications: Many are curious about tax rules surrounding remote work setups and deductions.
3. Green Energy Tax Credits: Increasing awareness and queries about tax benefits related to renewable energy investments.
4. Inflation Impact on Taxes: Concerns about how inflation affects tax brackets, deductions, and credits.
5. NFTs and Taxation: Emerging questions about tax obligations related to buying, selling, and holding Non-Fungible Tokens (NFTs).

In comparison, last year’s most prominent tax topics looked much different, focusing on new rules about “pass-through entity elections,” inflation adjustments to tax brackets and standard deduction amounts and electric vehicle credits. 

2024 Top Trending Tax Questions on JustAnswer

1. State Pass-Through Entity (PTE) Tax Elections: Over 35 states, including Ohio, enacted PTE-level taxes, allowing entities to deduct state taxes at the entity level, potentially reducing federal taxable income for owners. 
2. Research and Development (R&D) Expense Amortization: Businesses faced the requirement to capitalize and amortize R&D expenses over five years, a shift from previous immediate expensing practices. 
3. Inflation Adjustments: Tax brackets and standard deductions were adjusted for inflation, affecting taxpayers’ liabilities. 
4. Estate Tax Planning: Discussions emerged about potential changes to estate tax exclusions, prompting individuals to reassess their estate planning strategies. 
5. Electric Vehicle (EV) Tax Credits: Enhanced tax credits for EV purchases encouraged taxpayers to consider electric vehicles, with specific eligibility criteria and benefits outlined. 

About JustAnswer
JustAnswer is an online platform that connects people with live Doctors, Lawyers, Veterinarians, Mechanics and other verified and vetted Experts for real-time, personalized assistance and answers to just about any question or problem 24/7. With more than 12,000 experts across 150 categories, JustAnswer is the leading destination for accessing affordable professional help on-demand when and from wherever you need it.

Media Contact: 
Aimee Grove for JustAnswer
392074@email4pr.com
M: 415.706.1906

View original content:https://www.prnewswire.com/news-releases/justanswer-reveals-top-trending-tax-questions-for-2025-302404858.html

SOURCE JustAnswer

Featured Image: depositphotos @ merznatalia

Disclaimer

Ripple CEO Brad Garlinghouse announced that the long-running Ripple SEC case has ended, marking a significant victory for the San Francisco-based blockchain infrastructure company. This development reflects the shifting regulatory environment under President Donald Trump, whose administration has been quick to ease enforcement actions against crypto companies.

The U.S. Securities and Exchange Commission (SEC) had pursued Ripple since 2020, claiming that its sale of XRP constituted an unregistered securities offering. However, Garlinghouse confirmed in a Bloomberg Television interview on Wednesday that the case is now over.

Ripple’s Legal Battle with the SEC

The Ripple SEC case began in December 2020 when the SEC alleged that Ripple raised funds illegally by selling XRP without proper registration. For over four years, Ripple fought the lawsuit, spending more than $150 million in legal expenses to defend itself.

In a pivotal 2023 ruling, U.S. District Judge Analisa Torres determined that XRP only fell under securities law when sold to institutional investors. Although the SEC appealed that decision, it has now chosen to drop the case as part of a broader wave of regulatory changes.

XRP Price Surges Following the News

Following the announcement that the Ripple SEC case had concluded, the price of XRP surged by as much as 15%, reaching $2.59 on Wednesday. XRP, which remains the third-largest cryptocurrency by market value after Bitcoin (BTC) and Ethereum (ETH), has skyrocketed by nearly 400% since Trump’s election victory in November.

Analysts suggest that the termination of the case provides regulatory clarity for XRP, potentially encouraging further institutional adoption and paving the way for exchange-traded funds (ETFs) tied to the token.

Ripple Considers Next Legal Steps

Despite the favorable outcome, Ripple still faces a lingering decision regarding a $125 million fine that remains in escrow. Ripple’s Chief Legal Officer Stuart Alderoty stated that the company is “taking it under advisement” as they weigh whether to continue appealing aspects of the case or pay the fine.

This decision could have implications for Ripple’s future operations and its potential plans to expand its blockchain infrastructure offerings.

Ripple Eyes Acquisitions, Not IPOs

With the Ripple SEC case behind it, Ripple is now turning its focus toward acquisitions. Garlinghouse confirmed that filing for an initial public offering (IPO) is not a top priority at this time. Instead, Ripple plans to explore acquiring other blockchain infrastructure companies to strengthen its position in the rapidly evolving crypto space.

“We’ll look at other things that are blockchain infrastructure companies,” Garlinghouse said, emphasizing Ripple’s commitment to growth through strategic acquisitions.

SEC Eases Crypto Crackdown Under Trump

The end of the Ripple SEC case is part of a broader trend where the SEC, under Trump’s administration, has paused or dismissed several high-profile legal actions against crypto companies. Notable cases include lawsuits against Coinbase Global Inc. (NASDAQ:COIN) and Binance Holdings Ltd., along with threats of legal action against Robinhood Markets Inc. (NASDAQ:HOOD) and other decentralized platforms like Uniswap Labs and OpenSea.

Trump’s pro-crypto stance has ushered in a friendlier regulatory climate, providing relief to the digital asset industry that had been under intense scrutiny during President Joe Biden’s administration.

Ripple’s Political Influence in Crypto

Ripple has also played a notable political role during this shift. The company was a major donor during the last congressional election cycle and contributed $5 million worth of XRP to Trump’s inauguration festivities. Ripple executives, including Garlinghouse and Alderoty, have been photographed with Trump at Mar-a-Lago, underscoring the company’s close ties to the new administration.

Trump’s pro-crypto rhetoric and actions have won him praise from members of the digital asset community, with Ripple positioned as one of the key beneficiaries of this policy shift.

What’s Next for Ripple and XRP?

With the Ripple SEC case concluded, Ripple is well-positioned to pursue its growth agenda, focusing on acquisitions and expanding its influence in blockchain infrastructure. The regulatory clarity provided by the SEC’s decision could also accelerate institutional interest in XRP, paving the way for potential XRP-focused ETFs that may follow the success of Bitcoin and Ethereum ETFs.

As Ripple navigates its next steps, the conclusion of this landmark case signals a new era for crypto regulation in the United States, one where innovation may thrive under a more accommodating regulatory framework.

Featured Image: Freepik

Please See Disclaimer

Volatility Shares LLC is gearing up to introduce the first-ever Solana ETFs in the United States. These funds, set to launch on Thursday, mark a significant step toward expanding structured exposure to digital assets beyond Bitcoin and Ethereum. The two offerings, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), received approval from the U.S. Securities and Exchange Commission (SEC) earlier this month.

What Are Solana ETFs?

Solana ETFs provide investors with an opportunity to engage in the cryptocurrency market through regulated, futures-based instruments. SOLZ tracks Solana futures to offer standard exposure, while SOLT delivers leveraged exposure, doubling potential gains and losses. Unlike spot ETFs, which hold the underlying cryptocurrency, futures-based ETFs track price movements through contracts.

This approach allows investors to gain exposure to Solana (SOL) without directly managing digital assets, offering a more structured and potentially lower-risk method of participating in the crypto market.

Market Impact: Solana’s Price Remains Stable

Despite the significant news of the Solana ETF launch, Solana’s market price has shown little immediate reaction. SOL traded at approximately $131.68, reflecting a modest 6.3% increase over the past 24 hours. Currently, Solana holds a market value of about $67 billion, positioning it as one of the largest cryptocurrencies by market capitalization.

Market analysts suggest that the muted price response indicates that much of the ETF-related optimism had already been priced in. However, the introduction of these ETFs may still catalyze long-term interest from institutional investors seeking regulated exposure to Solana’s high-speed, low-fee blockchain technology.

Solana ETFs Follow Bitcoin Futures Success

The launch of Solana ETFs mirrors the success of Bitcoin futures ETFs, which attracted substantial investor demand in 2023 and 2024. These instruments provide a regulated alternative for investors who prefer to avoid the complexities and security risks of managing cryptocurrency wallets.

The introduction of Solana ETFs reflects a growing trend in the crypto market, where futures-based products provide indirect exposure while mitigating certain risks associated with direct asset ownership. This approach also appeals to traditional investors seeking to diversify their portfolios beyond Bitcoin (BTC) and Ethereum (ETH).

Filing and Approval Timeline

Volatility Shares initially filed for the Solana ETFs in December 2024, paving the way for regulatory approval earlier this month. The two ETFs come with distinct cost structures:

SOLZ: 0.95% expense ratio

SOLT: 1.85% expense ratio

These fees cover the management and operational costs associated with maintaining the futures contracts that back the ETFs.

“Our launch comes at a time of renewed optimism for cryptocurrency innovation in the U.S.,” said Justin Young, CEO of Volatility Shares, in an interview with Bloomberg.

Why Solana ETFs Matter for Investors

Solana’s blockchain has gained traction for its ability to process transactions at lightning speed and with minimal fees. As one of the most prominent Ethereum competitors, Solana appeals to developers and decentralized application (dApp) creators seeking scalable solutions.

With the introduction of Solana ETFs, U.S. investors now have an additional avenue to access this technology without the complexities of direct crypto ownership. These ETFs offer regulated, futures-based exposure, providing a balance between potential returns and risk management.

Conclusion: A New Era for Solana Investors

The launch of the first Solana ETFs in the U.S. marks a pivotal moment in the evolution of digital asset investment. Volatility Shares’ introduction of SOLZ and SOLT offers investors a new way to gain exposure to Solana while benefiting from the security and oversight of regulated futures contracts.

As the crypto market continues to mature, these innovative products could prompt a broader shift in how investors approach cryptocurrency exposure, paving the way for increased institutional participation in the future.

Featured Image: Freepik

Please See Disclaimer

SINGAPORE, March 19, 2025 /CNW/ — AB DAO has officially announced a strategic partnership with Alpha Technology Group Limited (Nasdaq: ATGL). The two companies will integrate their respective strengths to drive the innovative application and adoption of artificial intelligence (AI) and blockchain technology across supply chain management, enterprise operations, and the Internet of Things (IoT).

Alpha Technology Group Limited (ATGL), listed on the Nasdaq in 2023, specializes in AI technology development. Its AI-powered enterprise resource planning (ERP) systems provide intelligent automation solutions, significantly enhancing corporate management efficiency.

AB DAO, a leading AI-driven blockchain infrastructure provider, has designed the AB IoT network specifically to integrate blockchain and IoT technologies. It has already developed mature prototype products, including blockchain-powered smart energy meters, self-service payment kiosks, access control systems, and secure storage solutions, demonstrating strong market potential across various industries.

With complementary strengths in both technology and market positioning, this partnership will focus on advancing AI and blockchain integration in logistics, supply chain, and enterprise management. By delivering more efficient and secure industry solutions, AB DAO and ATGL aim to accelerate innovation and achieve mutual success.

(Alpha Technology Group Limited Official Website: www.atgl.io)

AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com) 
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
BitMart (bitmart.com)
Lbank (lbank.com)
Hotcoin (hotcoin.com)
UEEx(ueex.com)
4E (eeee.com)
Coming Soon
Biconomy (biconomy.com)
AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders
Stay Updated with AB DAO
Official Website: https://ab.org 
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

View original content:https://www.prnewswire.com/news-releases/ab-dao-partners-with-alpha-technology-to-pioneer-the-aiblockchain-era-302405694.html

SOURCE AB DAO

Featured Image: depositphotos @ maloha13

Disclaimer

The crypto and stock correlation has intensified in 2025, making it difficult to distinguish between the movements of digital currencies and traditional equities. Since Donald Trump returned to the White House, the S&P 500 is down over 4% year-to-date, while crypto’s global market cap has shed more than 20%. This downward trend suggests that both crypto and stocks are responding to similar economic and geopolitical pressures.

Once considered a safe haven from traditional financial markets, cryptocurrencies are now moving in tandem with Wall Street, reacting to headlines about tariffs, global trade tensions, and central bank policies. As crypto’s $2.86 trillion market cap experiences fluctuations, many investors wonder whether the once-independent digital asset class is now dancing to the same tune as equities.

Crypto and Stocks Responding to the Same Headlines

It’s becoming increasingly evident that crypto and stock correlation is no longer coincidental. Crypto traders are closely monitoring economic indicators, inflation data, and geopolitical developments—just like their Wall Street counterparts.

For instance, on March 10, 2025, when the S&P 500 plunged 2.7%, Bitcoin (BTC) followed suit, dropping below $77,000. Similarly, when global equities rebounded on March 17, the MSCI World Index and S&P 500 both jumped over 3% in two days. Although crypto remained slightly in the red, exchange-traded fund (ETF) net inflows increased by $149.2 million, according to Coingecko.

The correlation was further emphasized when Donald Trump announced reciprocal tariffs set to kick in on April 2. Equities gave back over 1% of their gains during the next trading session, while Bitcoin slipped below $82,000, mirroring the decline.

Trump’s Tariff Threats Shake Global Markets

President Donald Trump’s tariff policies are weighing heavily on both crypto and traditional markets. His announcement of 50% tariffs on Canadian steel and other proposed trade restrictions sent shockwaves through financial markets.

The Dow Jones Industrial Average (DJIA) dropped 0.83%, while the Nasdaq Composite Index shed 1.5%, signaling a potential correction that could linger for weeks. Crypto markets responded similarly, with Bitcoin’s price swinging dramatically, reflecting fears of prolonged economic uncertainty.

Even in Asia, China’s Hang Seng Index hit a three-year high, rising 23% in 2025, while Japan’s Nikkei gained 1.5%. Meanwhile, European markets remained steady, with the Stoxx 600 climbing 0.46%, reflecting optimism over Germany’s approval of increased government borrowing.

Crypto Market Caught in the Crossfire

The heightened crypto and stock correlation has crypto holders paying close attention to Trump’s policies and geopolitical developments. Market data suggests that crypto investors are becoming more like equity traders, reacting to inflation trends, retail sales, and global political shifts.

When Trump hinted at a possible ceasefire between Ukraine and Russia, equity markets briefly climbed, and Bitcoin followed the same upward trajectory. However, when negotiations stalled, both markets dipped once again, demonstrating the interconnectedness between these traditionally separate asset classes.

Fed’s Policy and Its Impact on Crypto and Stocks

The upcoming Federal Reserve (Fed) decision on interest rates adds another layer of uncertainty to both crypto and stocks. Currently, the Fed’s benchmark interest rate stands between 4.25% and 4.5%, and while a rate cut could stimulate economic activity, it also poses inflation risks.

Crypto markets, often seen as a hedge against inflation, may rally if rates remain unchanged or are reduced. Conversely, rising inflation could trigger a sell-off in both crypto and stocks. As Jerome Powell and the Fed deliberate their next move, crypto traders and stock investors alike are bracing for market volatility.

ETF Inflows Highlight Growing Institutional Interest

Amid the ongoing market turbulence, institutional investors have not shied away from crypto. Recent data from Coingecko revealed that ETF inflows surged by $149.2 million in a single day, reflecting renewed interest in digital assets despite the broader market downturn.

This uptick in ETF inflows suggests that institutional investors view crypto as a long-term bet, even as short-term volatility persists. However, with the Fed’s rate decision looming and Trump’s tariff policies creating uncertainty, both markets remain on edge.

Why Are Crypto and Stocks Moving Together?

The growing crypto and stock correlation can be attributed to several factors:

Institutional Adoption: As traditional financial institutions pour money into crypto, they treat it similarly to equities, increasing its sensitivity to macroeconomic trends.

Geopolitical Concerns: Global tensions, such as Trump’s tariff threats and the Ukraine-Russia conflict, impact risk sentiment across all asset classes.

Regulatory Uncertainty: Changes in US regulatory policies can create waves in both crypto and equity markets, as seen with the potential for stricter anti-money laundering rules affecting crypto platforms.

What Lies Ahead for Crypto and Stocks?

As 2025 unfolds, the relationship between crypto and stocks is expected to strengthen further. With Trump’s policies shaping market sentiment, the Fed’s rate decisions looming, and geopolitical uncertainties persisting, crypto and stock markets will likely continue to move in tandem.

Crypto’s evolution from a niche asset class to a mainstream investment option has brought it closer to traditional markets. While this correlation may unsettle investors seeking diversification, it underscores the growing maturity of the digital asset space.

Whether this trend persists or diverges depends on future policy decisions, global events, and investor sentiment. Until then, investors in both crypto and stocks should prepare for heightened volatility and stay attuned to macroeconomic signals that could shape their portfolios.

Featured Image: Freepik

Please See Disclaimer