Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash

Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.” 667 Total views 9 Total shares Own this piece of history Collect this article as an NFTOnly days after reports of United States regulatory scrutiny of Paxos and…

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations. 305 Total views 1 Total shares Grayscale is evaluating the possible tax consequences associated with spot Bitcoin (BTC) exchange-trade funds (ETF), following inaccurate reports circulating about unfavorable tax implications.In a series of posts on X

More than a quarter of financial advisers intend to recommend crypto investments over the next year. 784 Total views 2 Total shares According to a survey, financial advisers are recommending investments in Bitcoin and crypto assets to their clients more than ever before.A report by the Financial Planning Association released on June 1 has taken…

Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. Bitcoin dominance. Source: Coinmarketcap.comHowever, a closer analysis suggests that the concept of "Bitcoin dominance" might not be as informative as it seems, especially when considering the broader dynamics of the

Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp. 2555 Total views 20 Total shares Facebook’s research and development engineers have launched a community platform built around predictions, encroaching on the territory of the emerging crypto-powered predictive market sector.Dubbed ‘Forecast’, Facebook’s new iOS app polls…

Stephen Moore — the economist who advised Trump on his tax cut policy and made an aborted Trump-backed bid to join the United States Federal Reserve board — has joined a cryptocurrency project that aspires to function as a new type of central bank.The development was reported by U.S. business news site Fox Business Network…

Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.

An unnamed source told CNBC that the company plans to file the bankruptcy paperwork "imminently." 2410 Total views 6 Total shares Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual U.S. state regulators as of Wednesday, July 13.The news was reported by CNBC and referred to…