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IRS: Frozen Crypto Rewards Taxable Despite Account Lockdowns
2.11.2024
Crypto rewards received before an account freeze are taxable in the year they’re received, even if holders can’t access their funds later, the IRS says. IRS Clarifies Tax Rules for Digital Assets in Locked Accounts The Internal Revenue Service (IRS) issued a memorandum in October, addressing...
Unprecedented Bitcoin Rally Looms With Crypto Market Poised for Record Highs
2.11.2024
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could...
Urgent Plea to Trump and Harris: Create Welcoming Crypto Policy to Keep US on Top
2.11.2024
The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership. Urgent Crypto Reform Needed: Trump and Harris Face a High-Stakes Decision The CEO of blockchain infrastructure firm Paxos, Charles Cascarilla...
Republican Sweep? What Prediction Markets Are Forecasting for Election Day
1.11.2024
With just four days left until the U.S. 2024 election, the latest prediction market data paints a shifting landscape: former President Donald Trump’s odds have taken a downturn, while Vice President Kamala Harris is enjoying an upswing in her chances. Trump’s Odds Slip, Harris Gains — What 2 Major...
How low can the Bitcoin price go?
1.11.2024
Bitcoin price is down 6.5% from its recent local high, and market analysts expect BTC to bottom in the $65,000 to $69,000 range
How low can the Bitcoin price go?
1.11.2024
Bitcoin price is down 6.5% from its recent local high, and market analysts expect BTC to bottom in the $65,000 to $69,000 range
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
1.11.2024
Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners, set to run at 249 terahash per second (TH/s)...
Crypto Reverses Early Gains, Bitcoin Dives Back to $69K
1.11.2024
Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks
Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?
1.11.2024
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading...
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
1.11.2024
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier...
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
1.11.2024
The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction
Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election
1.11.2024
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors Favor Bonds and Bitcoin in Strategic Shift...
Another XRP ETF Filing Lands at the SEC as Interest in Crypto ETFs Heats Up
1.11.2024
With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles. Another XRP ETF Filing Drops, Turning Up Pressure on the SEC 21shares, an asset management firm specializing in digital assets, filed a registration...
Price analysis 11/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
1.11.2024
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Price analysis 11/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
1.11.2024
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Price analysis 11/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
1.11.2024
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Crypto.com Acquires SEC-Registered Broker-Dealer Watchdog Capital to Expand US Trading Offerings
1.11.2024
Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com’s new subsidiary to offer equities and equity options to eligible traders in the U.S. CEO Kris Marszalek...
Bitcoin.com Now Accepts Venmo for Bitcoin and Crypto Purchases in the US, Powered by MoonPay
1.11.2024
Bitcoin.com, a pioneer in the Bitcoin and cryptocurrency space since 2015, has partnered with MoonPay to enable Venmo as an accepted payment method for U.S. users purchasing Bitcoin and other cryptocurrencies in the Bitcoin.com Wallet app and on the Bitcoin.com web portal here. This makes...
Bitdeer Unveils Next-Gen Bitcoin Mining Machines Featuring Its Own Chip and Air and Hydro-Cooling Innovations
1.11.2024
Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of 226TH/s and the hydro-cooled model reaching...
PolitiFi Trading Surges Past $240M as Analysts Back FreeDum Fighters for Post-Listing Rally
1.11.2024
The PolitiFi space has caught investors’ attention in the past few weeks. All of this momentum comes before next Tuesday’s presidential election, which will greatly impact the crypto market. In this bullish environment, FreeDum Fighters (DUM) has been on analysts’ radars...