Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll walk you through the important things to keep in mind when reporting crypto trading on your tax returns.
Meanwhile, if you’d like to talk about what taxes are going to mean for your investments, DM me on Twitter at @FrancesYue_.
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Crypto in a snap
Bitcoin
BTCUSD,
have been consolidating in the range of $35,500 and $39,500 during the past seven days. The crypto logged a 0.9% gain during the period. Ether
ETHUSD,
gained 9.8% over the past seven trading sessions, trading at around $2,629.
Meme token Dogecoin
DOGEUSD,
lost 3%…
