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).
The European Union is investigating Elon Musk's X over alleged illicit content and disinformation on its platform. Cheddar News breaks it all down and discusses what it could mean for users.