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The Dogwifhat price plunged more than 5% in the last 24 hours to trade at $1.34 as of 9:54 p.m. EST as investors dump their holdings in the canine-themed meme coin on the market. Along with the drop in the WIF price, the crypto also experienced an over 33% decrease in 24-hour trading volumes to around $662.04 million. Dogwifhat Price Resting On Key Support Daily chart for WIF/USD (Source: GeckoTerminal) The Dogwifhat price is resting on the $1.2504 support level after trading in a negative sequence of lower lows and lower highs over the past couple of days. Should the meme coin drop below this technical safety net, it could stand the risk of falling to the subsequent support at $0.7697. On the other hand, a rebound from the $1.2504 support level in the next 48 hours might invalidate the bearish thesis. In this alternative case, the crypto could try to reclaim a position above the $1.6734 mark. Thereafter, continued pressure from buyers might push the Dogwifhat price up to as hi...

The IRS has made its crypto taxation rules simple: pay taxes on staking rewards when you get them . This new rule affects how every crypto tax guide handles staking rewards tax for U.S. investors. If you stake crypto, you need to know these changes. Also Read: Crypto Fuels Russia’s De-Dollarization — Global Power Shift Looms IRS Crypto Tax Rules: What You Need to Know About Staking Rewards Source: Watcher Guru The New Rules The IRS now taxes your crypto-staking rewards when they hit your wallet. “Understanding the rules can save you a lot of trouble with the IRS,” tax expert Scott Martin explains. You can’t wait to pay taxes until you sell these rewards anymore. The Legal Fight Joshua and Jessica Jarrett are fighting these cryptocurrency tax rules in court. They want their $12,179 back from taxes on 8,876 Tezos tokens. Their point? Staking rewards should be like growing crops – you pay taxes when you sell them and not when you grow them. Their case from 2021 cou...

The Ski Mask Dog price is up more than 1,038% on the weekly time frame following an 85% pump in the last 24 hours to trade at $0.3633 as of 2:57 a.m. EST as investors FOMO buy the meme coin. With the recent surge in the SKI price, the crypto was also able to establish a new all-time high in the last 24 hours. Ski Mask Dog Price Breaks Another Resistance 1-hour chart for SKI/USD (Source: GeckoTerminal) The Ski Mask Dog price has surged past the resistance level at $0.3131, and is now attempting to turn the barrier into support, according to GeckoTerminal data . Establishing a position above this mark could give the meme coin the technical foundation needed to rise to the subsequent resistance at $0.3559. However, a pull back to below $0.3131 might invalidate the bullish thesis. In this more bearish case, the Ski Mask Dog price could be at risk of testing the $0.2745 support. Losing this technical crutch might then lead to SKI falling to as low as $0.2398. Bulls Still In Control ...