Crypto News and Headlines

The Clock Is Ticking for Crypto Tax Loss Harvesting

Crypto investors can use the recent market slump to harvest tax losses before year‑end. By selling assets below cost basis, realized losses offset capital gains and lower taxable income. Unlike stocks, crypto lacks a wash‑sale rule, allowing immediate repurchase, but accurate cost‑basis reporting remains essential. The IRS is tightening digital‑asset reporting for 2025, making timely tax‑loss strategies critical for high‑income traders.