Search
Memes to Millions: The Tax Implications of Sudden Crypto Wealth
2.4.2024
Bitcoin Price Prediction as BTC Bounces From $50,000 Level – Is Another Sell-Off Coming?
18.2.2024
Bitcoin Price Prediction In the wake of Bitcoin’s price dip to the $50,000 mark, the cryptocurrency community is keenly observing its recovery to $51,500, albeit with a near 1% decrease. Amidst this scenario, investors and analysts are scrutinizing the digital currency’s resilience...
US Lawmaker Raises Concerns Over Elizabeth Warren’s Crypto Bill’s Impact on Counter-Terrorism Efforts
16.2.2024
A US official has raised concerns about a provision in Senator Elizabeth Warren’s proposed bill on digital assets. During a hearing on “Crypto Crime in Context” held on February 15, Representative French Hill and other lawmakers questioned crypto experts about the implications...
Why Europe’s MiCA Raises the Barrier to Entry for Stablecoin Issuers
8.2.2024
The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European Union’s comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications. MiCA’s primary goal will be to establish a unified rulebook for regulating...
Avalanche clarifies the implications of the Durango network upgrade
7.2.2024
Avalanche has shared details about how Durango may impact different aspects of the network. Durango is a proposed update to the Avalanche network, with the launch on the Fuji testnet scheduled to go live on February 13, 2024, Tuesday, at around 11 a.m. ET. The engineering team at Avalanche Labs...
In the Future All Crypto Exchanges Will Become Decentralized – Justin Sun, Founder of Tron and Advisor to HTX
26.1.2024
In our latest podcast episode, we were delighted to host Justin Sun, the founder of Tron and advisor to HTX. Justin offered his valuable insights on a variety of topics. He began with discussing the implications of the US Bitcoin ETF approval on the crypto industry. The conversation then moved...
Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US
23.1.2024
Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws. Roman Storm Pledges Vigorous...
Exploring the Privacy Concerns Around CBDCs
23.1.2024
The future of money is digital and many countries are developing their own Central Bank Digital Currencies (CBDC). This in turn will have far-reaching implications on society, businesses, and banks, as the use of physical cash declines. Retail CBDCs are government-backed digital fiat money which...
Grayscale Clarifies Investor Tax Implications of a Cash-Created Spot Bitcoin ETF
18.12.2023
Grayscale, one of the biggest cryptocurrency asset management firms, has addressed the issue of taxation regarding the adoption of a cash creation model in an upcoming spot bitcoin exchange-traded fund (ETF). The firm clarified that “no spot Bitcoin ETF that qualifies as a grantor trust would...
Bitcoin Price Prediction as US Core Inflation Rate Data is Announced – Time to Buy?
12.12.2023
As the US announces its latest core inflation rate data, investors and traders alike are keenly focused on its implications for the cryptocurrency market, particularly Bitcoin (BTC). The world’s largest cryptocurrency, BTC, extended its upward trend and briefly surged to $42,069 in response...
How Analysts Think Binance’s $4.3B Settlement Will Help Crypto Grow
24.11.2023
While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately...
Degens Ride the Wave: Massive Surge in ‘CZ’ Token Amid Binance CEO’s Resignation
22.11.2023
Source: Adobe / MysteryShot Risk-loving crypto traders, often referred to as “degens,” are capitalizing on the recent announcement of Binance CEO Changpeng Zhao’s (CZ) resignation and guilty plea by scooping up a newly launched token called “CZ.” Despite...
Bitcoin Price Prediction as Recent Decline Triggers Largest Bull Liquidation in 3 Months – Is a Rebound Imminent?
19.11.2023
In recent financial news, Bitcoin (BTC) has witnessed a significant fluctuation in its market value, drawing attention to its latest price movements and the implications for investors and the cryptocurrency market as a whole. Despite a recent decline that triggered the largest bull liquidation...
What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?
13.11.2023
The Tax Implications of Sam Bankman-Fried’s Conviction
13.11.2023
The end of the trial provides some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. But how the IRS might act in the context of illegal activity is unclear
Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap
13.10.2023
Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...
Ripple’s latest updates: What’s new and what it means for XRP holders
11.10.2023
In the recent few years, Ripple has become a notable service provider of seamless and world-class blockchain solutions. This crypto company has made a mark in the industry due to a variety of updates it has done recently. It is worth noting that these developments have captivated the attention...
Exploring Bitcoin’s future: factors, impact, and implications
9.8.2023
Bitcoin, a global phenomenon with far-reaching implications, was introduced as an experimental digital currency in 2009. The cryptocurrency’s decentralized nature, scarcity, and potential for financial innovation have generated widespread interest. As conventional financial systems experience...
Crypto Analyst Highlights Germany's Economic Challenges and Its Surprising Implications for Crypto
7.8.2023
A weakening economy and potential recession in Germany could be positive for Bitcoin (BTC) prices, crypto analyst Marcel Pechman believes.
According to Pechman, a further fall in Germany’s gross domestic product (GDP) will likely mean that the European Central Bank (ECB) will start easing...
Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO
6.8.2023
The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he described: “With the dollar losing its stranglehold...