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Block Bitcoin Wallet Team Reveals Their Plans and Seeks Feedback


Twitter founder Jack Dorsey's payment firm Block shared more details about its previously announced wallet, focusing on the plans for combining safety and ease of use/access in order to create a broader and less ‘hesitant’ customer base.... Read More: Block Bitcoin Wallet Team Reveals Their Plans...

US IRS Comes After Clients of Another Crypto Exchange


In a tax-related effort, the US Internal Revenue Service (IRS) is asking permission to look into the customers of crypto prime dealer SFOX Inc. and its partner. The service responsible for collecting taxes is seeking to do just that – collect taxes, but this time it’s searching to identify...

Crypto Exchanges Hotbit and Bitfinex Face Regulatory Headwinds


China-based crypto exchange Hotbit has suspended withdrawals after its assets were frozen due to an ongoing investigation. Meanwhile, Tether's sister company Bitfinex is ostensibly facing legal investigation in the US. Hotbit announced Wednesday that it has suspended trading, deposit, withdrawal...

Bitcoin and Ethereum Keep Inching Higher, CEL Doubles in a Week


Bitcoin price formed a strong base above USD 22,650 and rallied on US inflation news yesterday. BTC is now (03:59 UTC) trading near the USD 24,400 level and is up over 6% in a day and almost 7% in a week. Similarly, most major altcoins are eyeing more upsides. ETH rallied over 12% and surpassed...

US Inflation Slows Down in July, Bitcoin and Ethereum Jump


July’s US consumer price index (CPI) has seen a rise of 8.5%, or smaller than expected, suggesting an inflation peak and potential cool-off, after hitting 9.1% in June. (This is a developing story and will be updated as new details emerge.) Bloomberg-surveyed economists estimated that inflation...

Bitcoin and Ethereum Gain Bearish Momentum, Altcoins Slide


Bitcoin price started another decline below the USD 23,500 support zone and moved below the USD 23,000 level. It is currently (04:03 UTC) trading near USD 22,900 and is down over 4% in a day and almost 1% in a week. Similarly, most major altcoins are gaining bearish momentum. ETH is down 6%...

Bitcoin and Ethereum Consolidate, ZEC and CEL Rally


Bitcoin price was able to briefly move above the USD 24,000 resistance level before trimming its gains. BTC is currently (04:01 UTC) trading near USD 23,800 and still up over 2% in a day and a week. Similarly, most major altcoins are trading in a range and eyeing more gains. ETH could gain pace...

Big Week for Voyager Digital Clients as Cash Withdrawals About to Begin


Troubled crypto lender Voyager Digital said it plans to "restore access" to cash deposits in USD this week. Here's what the process might look like. In a Friday blog post, Voyager said clients with cash in their accounts would be able to withdraw up to USD 100,000 in a 24-hour period starting...

Bitcoin and Ethereum Inch Higher, BNB and SOL Outperform, FLOW Rallies


Bitcoin price is facing a strong resistance near the USD 23,500 level. It is currently (03:51 UTC) trading near USD 23,300 and is up over 1% in a day and is unchanged in a week. Similarly, most major altcoins are attempting a fresh increase. ETH moved above USD 1,700 and might accelerate if...

Japanese Crypto Industry Urges Tokyo to Reform Tax Laws


Japanese cryptoasset-related firms have urged the government to make tax reforms – claiming that the current system is out of sync with tax rules in other countries. The proposals come from the Japan Cryptoasset Business Association (JCBA) and the Japan Virtual Currency Exchange Association...

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