Todays Top Stories

Editor: @PhoenixxDown

Which Ordinals Crypto Tax Tool is Right for You?

Today let’s talk about something that EVERYONE just loves: taxes.

Yes, I know, please refrain from exploding with excitement. Settle down. Try not to salivate too much at the prospect of handing over your hard-earned gains that you, and you alone, took all the risk on to acquire.

Please, try.

Now with that out of the way, while tax software has been readily available for many years in crypto, tax calculators for Bitcoin-native assets are still very new, and there aren’t many options out there to help us.

However, three standout tools have emerged recently to help simplify our reporting: Ordinals Tax, Crypto Tax Calculator, and Awaken.

Here's a quick breakdown of what each offers.

Ordinals Tax

Built specifically for Bitcoin-native activity, Ordinals Tax (built by @deezy_inc) provides advanced reporting for BTC, Inscriptions, Rare Sats, Runes, and BRC-20 transactions.

Users can track real-time market data and historical prices, identify internal and external transfers, and export results in CSV or JSON formats for use with other tax software.

The platform also calculates gains and losses using FIFO (First In, First Out) methodology and captures granular details like marketplace fees, asset pricing at the time of trade, and even multi-address PSBT activity.

Pricing is based on usage:

• Free: 100 transactions

• Starter (1,000 txs): $0.20 per transaction

• Pro (2,500 txs): $0.10

• Premium (10,000 txs): $0.05

• Premium+ (Unlimited): $0.02

Xpub and Runes support are coming soon. Lightning Network support is still pending.

• Website: https://ordinals.tax/

Crypto Tax Calculator

Crypto Tax Calculator is a robust, full-suite solution supporting over 3,500 protocols across 150+ blockchains.

It covers everything from DeFi, NFTs, and staking to Bitcoin Ordinals and Runes. The platform connects directly to wallets like Xverse, importing BTC, Stacks, and Taproot in a single step.

Key features include:

• Automatic gain and loss calculation

• Unique “Least Tax First Out” algorithm to minimize taxes

• Direct export to IRS forms (e.g., Form 8949, Schedule D)

• Support for 20+ global jurisdictions

• Official partnerships with Coinbase and Metamask

• 4.8/5 TrustPilot rating

Users can start for free, but generating tax reports and accessing advanced tools requires an annual subscription. A 30-day money-back guarantee is also included.

• Website: https://cryptotaxcalculator.io

Awaken

Awaken is trusted by over 15,000 users who want to save time and reduce their tax stress, and enjoys glowing endorsements from many well-known names in the space.

It covers Ordinals and Runes, Solana, Ethereum, Base, Sui, CEXs like Coinbase and Kraken, and even Hyperliquid, all in one dashboard. The software auto-detects complex transactions like LPing, staking, swaps, bridging, and more across 25,000+ dapps.

You won’t need to repetitively label manually; Awaken’s AI learns as you go, making it faster the more you use it.

You can connect your wallets and preview your full tax summary and portfolio activity for free. You only pay when you're ready to download reports.

And if you’re deep in the murky waters of the trenches, Solana tax reporting is 100% free until March 1st, no matter how many transactions you’ve got.

Pricing tiers:

• 100 tx — Free

• 300 tx — $69

• 1,000 tx — $199

• 3,000 tx — $299

• 5,000 tx — $399

• Unlimited — $699

Bonus: Get $50 off if you’re switching from another tax tool.

• Website: https://awaken.tax/

All platforms offer powerful tools, but if you're deep into the Bitcoin side of things, Ordinals Tax might be all you need.

Alternatively, if you're bridging across ecosystems, Crypto Tax Calculator and Awaken has you covered on all bases.

Top Posts | Only a few hours left to fund your minting wallet for Taproot Wizards:

Top Posts | “Gold reserves may be used to purchase Bitcoin.”

Top Posts | Saylor buys more Bitcoin. Further details in today’s Top Articles:

Top Posts | In light of Saylor’s new purchase, this is an interesting perspective on what borrowing $ to buy BTC means:

Top Posts | A Friday Wrap-Up update from Landy:

Top Posts | Null shares his view on where we are with Bitcoin:

Daily Bites: Today’s Top Articles

Todays Markets

Ordinals

Most collections in the top 10 are up a healthy amount today, with 4 out of the 7 seeing double-digit gains, and Bitcoin Puppets close behind at 9%.

The two OG Rune Ordinals, RSIC and Runestone, take some hefty hits though, down 8% and 9% respectively.

Tomorrow will bring the Taproot Wizards mint, and the 12% rise today on Quantum Cats seems to be riding some of that hype. Some of these buyers may be looking to get exposure to the ecosystem if they’re priced out of a Wizard, a smart move!

Runes (Bitcoin Memecoins)

Runes continue to be relatively flat, with a mix of wins and losses spread across the top 10.

$GIZMO is the biggest winner of the day, up 28%, with Satoshi close behind at 23%, and $LOBO in 3rd with a respectable 11% increase.

Thankfully, the losses are minimal, with $RSIC seeing the biggest decline. Market sentiment surrounding the reveal for Block 888,888 continues to be unimpressive.

With the broader market starting to look more bullish again, will Runes pick up the pace as well? Let’s hope!

OdinApe and OdinDog continue to jockey for position at the top, now neck and neck at the time of writing. However, not much has changed from Saturday’s issue and the analysis posted there, so check it out if you missed it.

OdinCat, once the firmly established second, has now dropped to 6th with a market cap of $688K.

On the whole, it appears that OdinFun is experiencing some issues with users struggling to determine which tokens are genuine and which are manipulated. Teething problems, no doubt. The organic winners will emerge soon, so pick your winners wisely. Patience is likely key if you’re deep in here.

Todays Opportunities

Giveaways

There are currently no raffles taking place today, but check back tomorrow for what’s next so you don’t miss out.