Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.
Vladimir Putin’s Signature Brings Digital Ruble Into Russia’s Tax Code
The tax code now contains a definition of “digital ruble account” and has rules for the taxation of transactions with digital rubles.
Protocol Village: Bitfinex Securities Announces First Tokenized Bond on Liquid Network
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR’S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)
Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process
Bankman-Fried’s defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.
UK to Cooperate With Crypto Industry on Legislation for Digital Securities
The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.
Tis the Season To Be Jolly About the Crypto Market in 2024
With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital.
TaxWraps: Unwrap the Financial Gift of Tokenization this Christmas
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market.
Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
SOL is trading at a 20-month high on the back of a bustling DeFi ecosystem and göğüs coin mania.
Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up
Avail’s new “data availability” solution, currently in testing, and Madara, which is Starkware’s sequencer, are both expected to go live in early 2024. They might be used in conjunction to create new application chains or “appchains.”
South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
The two aim to strengthen cooperation on crypto regulations before South Korea’s new crypto laws go into effect next year.