Senate proposal for crypto tax exemption is long overdue
Four senators are fighting to exempt low-value crypto transactions from federal taxation. Congressional approval for their proposal is long overdue.
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Crypto market selling pressure remains Asia dominated: Glassnode
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the past two years with only one short exception. 403 Total views 4 Total shares The Bitcoin network’s on-chain activity still appears to be in a bear market as U.S. and E.U. buyers are struggling to…
Bank of America partnership with Paxos will allow same-day trade settlements
Joining the Paxos Settlement Service could allow many Bank of America customers to settle stock trades in minutes rather than days. 3486 Total views 21 Total shares The second-largest bank in the United States is now reportedly using blockchain technology for settling stock trades.According to a Bloomberg report on Monday, Bank of America has joined…
EU Innovation Hub criticizes privacy coins and crypto mixers in new report
In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts.
Crypto traders fight in WBS Dubai for Amir Khan’s charity boxing match
The event saw friendly boxing matches between prominent crypto Twitter entrepreneurs, with RookieXBT taking the WBC Crypto Champion belt. 409 Total views 16 Total shares The World Blockchain Summit in Dubai hosted an exhibition boxing match between top cryptocurrency traders and influencers for the WBC Crypto Belt. The fights were supported by a charity event,…
Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook
Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve's hawkish 2025 outlook on inflation.
Opinion: With Bitcoin’s halving months away, it may be time to go risk-on
More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin (BTC) surged to more than $35,000 in October, another record high for 2023. The year-long rally has been attributed to unconventional market trends, including excitement over the Bitcoin spot ETF applications pending
Circle Continues Sell-offs as Voyager Digital Acquires Investment App
Despite ongoing bullish movement in crypto markets, Circle continues to sell off wings of its business.Circle, a Goldman Sachs-backed crypto startup that launched USD-pegged stablecoin USDC, has agreed to sell its digital asset investment app Circle Invest to Voyager Digital Canada, the operator of digital asset broker Voyager.Circle Invest customers to be moved to the…
Bitcoin price hits $66K as analysis asks: 'Has Uptober begun?'
Bitcoin bulls waste no time continuing a rebound, which has now delivered BTC price gains of over 3% for October.