Celsius Network approved to convert altcoins into BTC or ETH
1.7.2023
The liquidations will pave the way for the distribution of the funds to creditors in the near future
Binance Reportedly Denied Crypto License in Germany
1.7.2023
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....
Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC
1.7.2023
So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC
US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe
1.7.2023
Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer data to the Internal Revenue Service (IRS). The court filing, submitted on Friday, states that the IRS is seeking details pertaining to accounts that...
Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points
1.7.2023
Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish and increase interest rates another 100 basis points to protect the nation’s wealth. He stressed that there is nothing more destructive to wealth than inflation, emphasizing that the Fed “must keep their feet...
Investors still waiting on $1.9M refund Logan Paul promised six months ago: CoffeeZilla
1.7.2023
Coffezilla asserted that the refund process should be quite easy to sort while the financial implications aren't an issue for someone as wealthy as Logan Paul
Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation, Considers Back-to-Back Rate Hikes
1.7.2023
Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. Noting that the latest economic data indicates that the Fed’s policy “may not be restrictive enough” and “has not been restrictive for long enough,” Powell stated that the central bank could...
Tether Strikes Partnership Deal with Georgia Government
1.7.2023
Tether, the firm behind the USDT coin, says it has struck a partnership deal with government of Georgia.
Per an official Tether release and a report from Forklog, the firm has signed a Memorandum of Understanding (MOU) deal with the nation’s government.
The firm will initially create a fund that...
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
FedNow “early adopter” list contains no blockchains, but some may integrate later
1.7.2023
Two blockchain networks had previously announced integration with the Fed’s instant payment service, but they were not found on a new list of certified providers
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
1.7.2023
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock
Azuki Is Rebuilding After Its Elementals Mint Mishap
30.6.2023
Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program