US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the…
Month: August 2022
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet…
IRS Expands Crypto Question on Tax Form
The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the…
Solana-hacked crypto could be claimed as a tax loss: Experts
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss,…
Voyager received better buy-out offers than FTX’s, set to return $270M to customers
The crypto lender will be allowed to return a portion of customer funds locked up…
Portuguese banks shutting crypto accounts citing risk management concerns
The Bank of Portugal has licensed all of the exchanges that have had their accounts…
Twitter chases Citadel’s founder, Binance in a race of subpoenas
The company is gathering all the possible information on Elon Musk’s private claims about its…
Lido’s market dominance and Ethereum decentralization post-Merge
Lido’s liquid staking derivative token has over 90% of the Ethereum market share as the…
‘Insane evidence’ Bitcoin has capitulated in past 2 months — analysis
Signals that Bitcoin is in classic capitulation mode are everywhere, and each is a “rare…
Bitcoin Price Prediction for Today, August 4: BTC Stumbles After Recovery Above $23,000
The Bitcoin price prediction shows that BTC may fall below the moving averages if it…
Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher
Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between…
Coinbase Partners With World’s Largest Asset Manager Blackrock to Give Aladdin Clients Access to Cryptocurrencies
On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of…
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
The mining difficulty tied to the Bitcoin network increased for the first time in 57…
Crypto firms failed to deliver ‘promised benefits’ from lawmaker-backed incentives, says nonprofit
“At a minimum, the public should have a say in these crypto handouts,” said the…
Binance and Mastercard will launch prepaid crypto cards in Argentina
“Payments is one of the first and most obvious use cases for crypto, yet adoption…