Retail investors are returning to the cryptocurrency market, helping to drive prices higher even as traders face uncertainty over proposed tax regulations in Washington. Cryptocurrencies such as bitcoin, ether, dogecoin and other altcoins have rebounded in recent weeks from their mid-year declines, returning to levels not seen in months. On Friday, bitcoin traded at $47,544, … Read more
‘Bitcoin Family’ in Lisbon, Portugal Didi Taihuttu Didi Taihuttu, patriarch of the so-called ‘Bitcoin Family,’ is setting down roots in Portugal, Europe’s ultimate crypto tax haven. Settling down is a big deal for the Dutch family of five, who have traveled the world for the last five years. But after spending time in 40 countries, … Read more
The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. Jakub Porzycki | NurPhoto via Getty Images LONDON — The UK government says it will bring cryptocurrency ads under tighter scrutiny and crack down on … Read more
Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Mark Zuckerberg’s ambitious plan to build his own cryptocurrency is falling apart, amid growing pressure from regulators. The … Read more
Hello Guys! Over the last few years, the dominance of cryptocurrencies has been supersized because of their potential profits. So, at the moment, obtaining a cryptocurrency is not a difficult task. As a considerable note, most people have begun to use cryptocurrency as a payment method for goods and services, and cryptocurrency debit cards are … Read more
Blockchain and Distributed Ledger Technology (DLT) have been on a downward swing in the hype cycle. The lack of clarity about why some data needs to be on a decentralized network at all remains, as does the suspicion that other ventures may just be offloading energy costs onto customers – no minor concern as prices … Read more
Cryptocurrency exchange FTX saw its valuation swell to $32 billion in a new funding round announced Monday, highlighting continued appetite for the sector even as investors grow wary about a sharp pullback in crypto prices. The Bahamas-based company said Monday that it raised $400 million in a Series C financing round — its third fundraise … Read more
WASHINGTON—Complaints from the booming cryptocurrency industry that Washington has gone too far in cracking down on its unregulated products are being tested in a landmark lawsuit targeting Ripple Labs Inc. and its digital coin, XRP . The lawsuit, which the Securities and Exchange Commission filed in the final days of the Trump administration, faces several … Read more