Jen Wieczner, senior writer at Fortune, says that while you are required to notify the IRS about gains on Bitcoin and other digital assets, less than 1 percent have reported profits so far.
For the full interview, [click here](https://cheddar.com/videos/this-week-in-crypto-bitcoins-weak-rally-filing-taxes-and-regulation).
Payam Banazadeh, founder and CEO of Capella Space, joined Cheddar News to discuss the satellite imagery company's latest $60 million funding and what government projects lie ahead.
Global smartphone shipments saw their largest-ever single decline in the fourth quarter of 2022, plunging 18.3 percent year-over-year, according to data from the International Data Corporation (IDC).