US Treasury finalizes crypto rules to prevent tax evasion – Engadget
People who own and sell cryptocurrency already have to pay tax on the proceeds, but the new rules mean Confirm The new rules will require crypto platforms, including exchanges and payment processors, to report users’ transactions to the IRS. The Wall Street JournalOfficials hope the move will help the IRS get an accurate picture of […]
XRP Not Dead, Says Top Trader Expecting Explosion Above $17 – The Crypto Basic
TradingShot, a widely followed market analyst on TradingView, argues that XRP is far from dead, noting that the asset is set to surge above $17. Critics have repeatedly XRP is a dead coinGiven its lackluster performance since the bull run began, XRP is hovering around $0.47, down 6% over the past week, reflecting the broader […]
Ripple CEO Slams CoinDesk Over Inaccurate Report on XRP – The Crypto Basic
Ripple CEO Brad Garlinghouse has criticized popular cryptocurrency news outlet CoinDesk for inaccurately reporting a recent court ruling regarding XRP. California District Court Judge Phyllis J. Hamilton issued Last week, a highly anticipated ruling was handed down in a securities class action lawsuit against Ripple. In his ruling, the judge dismissed all securities charges against […]
Coinbase sues SEC, FDIC for information relating to crypto regulation
Faryar Shirzad, Chief Policy Officer at Coinbase, talks about the impact of custody on “The Claman Countdown.” According to information obtained by FOX Business, Coinbase is launching a new legal offensive against the Securities and Exchange Commission and the Federal Deposit Insurance Corporation in an attempt to obtain documents regarding the agencies’ efforts to regulate […]
Crypto Super PAC Touts Victory Against Anti-Crypto Jamaal Bowman
Pro-cryptocurrency super PAC FairShake on Wednesday promoted the ouster of Rep. Jamaal Bowman (D-NY), a staunch anti-cryptocurrency lawmaker. “Jamaal Bowman has long opposed setting clear rules for the cryptocurrency and blockchain industry, but tonight he is looking for a new job,” said Josh Vlast, a spokesman for FairShake and its affiliated super PAC. Said In […]
Here are New Timelines for Shiba Inu to Hit $0.0001 and $0.001 as SHIB Falls to $0.000017 – The Crypto Basic
Several organizations, including AI chatbots Google Bard and ChatGPT, and cryptocurrency platform Changelly, have offered new timelines for Shiba Inu to hit $0.0001 and $0.001 amid a price drop to as low as $0.000017. Price performance of Shiba Inu The broader market turmoil has led to recent weakness. After a previous rally that saw SHIB […]
Peter Schiff Issues Gloomy BTC Price Prediction, Ripple CEO Hails 'Big Win' in California, SHIB Burn Rate Surges 2,682% With No Price Momentum: Crypto News Digest by U.Today By U.Today – Investing.com
U.Today – U.Today brings you a rundown of the top three news stories of the weekend. Schiff predicts prices will continue to fall over the next few years On Friday, June 21, Peter Schiff once again launched his criticism of the flagship cryptocurrency, Bitcoin. In a post on X, Schiff noted that BTC has fallen […]
Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
Estimated Reading Time: 3 minutes That’s what’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected. Crypto lender and broker Voyager Digital, which also took deposits and offered yield products with huge interest rates of up to 12%, said in a series of tweets today […]
Bitcoin Crash: Crypto Analyst Reveals Why Price Could Drop To $52,000 – NewsBTC
Crypto analysts say Bitcoin price witness further decline It fell to a low of $52,000. According to analysts, Bitcoin Broken Key Support Level, This indicates a potential shift from bullish to bearish. Analyst predicts Bitcoin will crash to $52,000 in Post to X (formerly Twitter) On June 21, crypto analyst Justin Bennett wrote, Bitcoin could […]
1,590 CoinStats crypto wallets 'affected' in security breach – Cointelegraph
Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity following a security breach that affected 1,590 cryptocurrency wallets. “The attack has been mitigated and we have temporarily shut down the application to isolate the security incident,” Coinstats said in a statement on June 22. post. “Thanks to the swift incident response by the CoinStats team, […]