Over 600 firms reveal billions in combined investment in Bitcoin ETFs

Mow claims a few node operators have the power to change, delay or even cancel the upcoming Ethereum Merge. 531 Total views 13 Total shares Samson Mow, a well-known Bitcoin proponent, recently took to social media to talk about the centralization aspects of the upcoming Merge, which he claimed isn’t widely known.Ethereum is in the…

The next Bitcoin (BTC) bull run will have to be much different from historical cryptocurrency rallies in terms of story and utility, Galaxy Digital CEO Mike Novogratz believes.Compared to previous bull runs, the next Bitcoin rally will have to be more focused on utility and less on the story, Novogratz predicted at a panel at…

The US federal court sides with the IRS in a dispute involving crypto whales and unpaid taxes. The United States Tax Court has affirmed the IRS’ decision to deny a Maryland couple an installment plan. They state instead that the couple should liquidate their $7 million cryptocurrency holdings to pay off the tax debt. The couple,…

Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.

Paul Gosar, an Arizona Congressman, has introduced a draft bill, aimed at finally bringing regulatory clarity to the cryptocurrency industry in the United States, according to a Forbes article published on Dec. 19. The Crypto-Currency Act of 2020 sets out which Federal agencies should regulate each type of crypto assets.Three flavors of crypto assetOne of…

Episode 11 of Cointelegraph’s Crypto Trading Secrets podcast features crypto trader Mohit Sorout. 302 Total views 1 Total shares Episode 11 of Cointelegraph’s Crypto Trading Secrets podcast is now live, welcoming crypto trader Mohit Sorout for an interview that took place on July 21. Host Benjamin Pirus asked Sorout several questions, including one regarding Bitcoin’s…

No industry, and no business, is a fan of economic uncertainty, and many financial experts consider the current global market to be precarious. While every business has to look at ways to shore up operations and cut costs in a down economy, the effort can be particularly challenging for Web3 companies, which are relatively young

The IRS has considered crypto mining revenue as part of taxable income since 2014. 140 Total views 252 Total shares North American mining and hosting firm Compass Mining is offering a new tax avoidance method for savvy crypto miners that file in the United States. In a Thursday announcement, Compass Mining said it had partnered with…