Uptober sees 11% Bitcoin price spike as traders ponder ‘nuclear’ rally
Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.”
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Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC
A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months. According to the Redditor, whose account is crudely named “Vaginosis-Psychosis,” they now have a total of 2.65 BTC, which is…
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn't soon enough. 206 Total views 6 Total shares Seven members of the United States Senate have called on the Treasury Department and Internal Revenue Service (IRS) to advance
DeFi protocols unite to promote permissionless Web3 experiences
The collaboration of over 30 DeFi projects came as an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes. 353 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe damages caused by the fall of major crypto ecosystems in the last year…
Popular NFT collections take massive price hit in 2023
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FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner. 491 Total views 21 Total shares Own this piece of history Collect this article as an NFTAn investigation into FTX’s collapse by an examiner could cost the firm upwards of…
Hot DOGE nips at the heels of r/Bitcoin on Reddit
R/Dogecoin was the third-most active crypto group on Reddit behind r/CryptoCurrency and r/Bitcoin this week. 1526 Total views 11 Total shares Despite Dogecoin under-performing this past week when compared to other leading crypto assets, DOGE’s community has been among the most active on Reddit.According to data compiled by Skew and tweeted by Messari researcher Mira…
Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express
Hong Kong lays out the red carpet for crypto exchanges While some jurisdictions (cough: America) have adopted a regulation-by-enforcement approach toward crypto, others are doing the opposite. According to a June 15 report from The Financial Times, the Hong Kong Monetary Authority is pressuring major financial institutions to accept crypto clients. But it’s not just…
First Bitcoin ETF trades $1.5B as GBTC ‘discount’ echoes $69K BTC price
Bitcoin (BTC) institutional investment vehicles are seeing a major volume boost as excitement over possible United States regulatory changes takes hold.Data from resources including Bloomberg showed Bitcoin exchange-traded funds (ETFs) and others nearing record weekly inflows.BITO, GBTC trade $2.5 billion Hints that the U.S. might soon allow a Bitcoin spot price-based ETF have not only impacted