Bitcoin Nears $58K in Selloff Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
Financial
Financial
Financial
Dragonfly, Crypto.com Weigh in on CFTC’s Proposed Prediction Market Rules
Both parties argue the CFTC’s move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent ‘Chevron’ court ruling limits its power.
Financial
Tether’s USDT and Circle’s USDC Combined Supply Grew $3B Amid Crypto Market Rebound
Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.
Financial
IRS Shares New Crypto Tax Form, Invites Industry Input
The IRS’ new U.S. crypto tax regime will begin to go into effect for 2025 taxes, though some controversial aspects remain to be worked out.
Financial
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
Financial
Bitcoin’s 12% Price Rally on Thursday Was The Biggest Since February 2022
Risk assets stabilized as upbeat weekly U.S. jobs veri eased recession concerns.
Financial
First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target
The latest price moves in crypto markets in context for Aug. 9, 2024.
Financial
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
Financial
Coinbase Takes Aim at CFTC’s Definition of ‘Gaming’ in Proposed Prediction Market Rules
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
Financial
Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
Ionic Digital’s former accountant, RSM, has severed ties with all crypto audit clients, the mining firm said.