Digital bank Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.
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Revolut taps Koinly for cryptocurrency tax reports
Digital bank Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.
Analysts at odds over Fed, US debt ceiling impact on Bitcoin price
A political deadlock over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.
Analysts at odds over Fed, US debt ceiling impact on Bitcoin price
On April 26, House Republicans scarcely passed their bill to increase the U.S. debt ceiling. This led to analysts already weighing its potential impact on the price of Bitcoin (BTC), ranging from extremely bearish to overly bullish.
Ultimately, U.S. dollar liquidity is the key to both of these opposing viewpoint.
"Deflationary recession" to produce 2020-like BTC rally?
Some analysts, including Jesse Meyers, the COO of investment firm Onramp, believe raising the debt ceiling would prompt the Federal Reserve to print more money, thus boosting capital inflows into "risky" assets like Bitcoin.
BTC/USD daily price chart vs. dollar liquidity. Source: TradingView.comThe debt ceiling represents the maximum amount of money the U.S. government can borrow to pay its bills.
Related: Fed balance sheet adds $393B in two weeks — Will this send Bitcoin price to $40K?
Hong Kong regulator requires banks to open accounts for crypto firms
Hong Kong’s central bank has urged banks to provide services to crypto firms even before they receive the license.
KuCoin confirms an exchange user is behind alleged daily rug pulls
A community member identified a wallet address that allegedly launched several memecoin rug pulls daily for almost two years.
Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in one month
Binance is up over 50,000 BTC in a month, in sharp contrast to other major exchanges, while data suggests the market is going short BTC at $30,000.
Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in one month
Bitcoin (BTC) traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges.
The latest figures from on-chain monitoring resource Coinglass confirm that global trading volume leader Binance’s BTC balance rose by over 50,000 BTC ($1.5 billion) in the past 30 days.
Binance takes lion’s share of exchange BTC balance increase
With BTC/USD setting multimonth highs regularly since mid-March, the temptation to sell for both long-term and short-term holders has undoubtedly increased.
As Cointelegraph reported, actual selling pressure has thus far remained muted by historical standards, but on-chain data suggests this could easily change.
According to Coinglass, Binance alone now has 51,000 BTC more on its books than 30 days ago. Compared with March 10, when BTC/USD briefly challenged $20,000 support, its balance is up by almost 100,000 BTC, separate data from analytics platform CryptoQuant confirms.
Ex-CFO that stole $5M to trade crypto and ‘meme stocks' gets 3 years prison
Cooper Morgenthau embezzled $5 million from three different companies and lost almost all of it trading cryptocurrencies and "meme stocks."
UK Treasury seeks input on taxing DeFi staking and lending
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.
CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case."
CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case."
Former FTX exec Ryan Salame’s home searched by FBI: Report
It’s unclear what the Bureau was searching for in the home of the former co-CEO of FTX Digital Markets, who worked closely with Sam Bankman-Fried.
SEC's Gary Gensler takes another swipe at crypto in educational video
The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory clarity in the U.S.
Coinbase execs respond to SEC's Wells notice in person and on video
Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on YouTube and at Consensus 2023.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.