Tag: Crypto
Netherlands Crypto Tax Reporting Bill Consultation Begins
The Netherlands has started a consultation process for a new bill that would require crypto services to share user data with tax authorities. This...
DOJ Probe of Tether Dampens Crypto Rally Hopes
Cryptocurrency prices took a hit during U.S. afternoon hours on Friday following reports of a Department of Justice (DOJ) probe into stablecoin issuer Tether...
Pennsylvania House of Representatives Passes Crypto Regulation Bill: What You Need to Know
The Pennsylvania House of Representatives recently passed a bipartisan bill focused on regulating bitcoin and other digital assets. This bill, known as House Bill...
Exploitation of US Government-Linked Address for Over $20 Million in Cryptocurrency
A hacker has potentially stolen more than $20 million in cryptocurrency from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack. The...
Ripple CEO Positive About Crypto Future After Election Regardless of Outcome
Brad Garlinghouse, the CEO of Ripple Labs, is feeling positive about the future of cryptocurrency in the United States post-election, regardless of which political...
Defending Crypto Enforcement Approach: SEC Chair Gensler’s Response
SEC Chair Gary Gensler recently defended the agency's enforcement approach to crypto during an interview, addressing criticism of the SEC's regulatory methods. Despite concerns...
Is Bitcoin’s Rally Failing as Price Dips Below $67K?
Bitcoin faced a setback as its price dipped below $67,000 after failing to break the $70,000 level during early Monday trading hours in Asia....
Adapting Data Centers for the Future of Crypto
The rise of Bitcoin and the subsequent growth of the crypto industry have had far-reaching implications, including the evolution of data center infrastructure to...
Fed Rate Cut Continues to Support Crypto Market Growth
Last week's inflation report had little impact on the Federal Reserve's decision to continue cutting rates. Recently, the yield on 10-year U.S. Treasury bonds...
Understanding Bitcoin’s Price Volatility for Financial Advisors
In today's issue, we will discuss the recent fluctuations in the price of Bitcoin and how financial advisors can assist their clients in navigating...