Election betting market Kalshi to take USDC deposits

The IRS has begun sending letters to people with digital currency transactions who may have failed to report income and pay taxes, or who did not report their transactions properly. By the end of August, more than 10,000 taxpayers will receive the letters, targets the IRS says it obtained through various ongoing IRS-compliance efforts. According to the…

Bitcoin is down today and this week’s US jobs data is expected to play a role in BTC’s short-term price action.

The generational gap in investment could create issues for wealth managers, says President of CNBC’s survey partner Spectrem. 917 Total views 22 Total shares 2021 has proven to be the year of crypto adoption where institutional crypto investments and millennials turning millionaires were familiar headlines.A new CNBC survey has revealed that a majority of millennial millionaires…

Bitcoin is rallying as buyers in the U.S. continue to drive the price up but signs of overheating are emerging in Asia. 3211 Total views 10 Total shares Bitcoin (BTC) is continuing to rise to new heights above $35,000 on Jan. 6 as U.S. buyers on Coinbase further drive up the price. But the BTC futures market’s…

Bitcoin (BTC) has seen a massive surge in the past two months, in particular, as institutions jumped into the new asset class. The latest is Blackrock,  announcing interest in trading in Bitcoin futures while Grayscale continues to scoop up BTC at an accelerating pace. Total amount of BTC held by Grayscale Bitcoin Trust. Source: CryptoQuantHowever, after a…

The Biden administration wants to apply the wash sale rule to digital assets. 979 Total views 67 Total shares Own this piece of history Collect this article as an NFTU.S. President Joe Biden’s upcoming budget proposal has a few surprises for crypto traders and investors, including a proposed doubling of capital gains for certain investors…

The State Duma of the Russian Federation has deferred consideration of the bill “On Digital Financial Assets” to April 2019,  local media outlet TASS reported on March 20.The second reading of the draft federal law “On Digital Financial Assets” has reportedly been rescheduled for April, following a decision made at the morning voting on the…

Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. United States-based cryptocurrency exchange Coinbase announced that institutional investors on its international exchange can access spot crypto trading services.In a Dec. 13 announcement, Coinbase said institutional clients based outside the U.S. will be