In today’s Crypto for Advisors, Bryan Courchesne from DAIM provides information on tax planning for crypto trades. Although we are half a year away from tax season, there are many considerations to track in order to be tax-ready. Then, Saim Akif from Akif CPA breaks down the differences in tax treatment between crypto and equities/bonds […]
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Crypto markets pushed higher on Monday as traders have shifted focus from geopolitical anxieties to crypto-related institutional developments ahead of the upcoming Federal Open Market Committee’s meeting. Bitcoin has risen 3.1% in the last 24 hours and is now trading for $108,600, only a couple of thousand dollars below its all-time record. It certainly wasn’t […]
The price of cryptocurrency exchange WhiteBIT’s token, WhiteBIT Coin , climbed more than 30% in the last 24 hours after the exchange announced a high-profile partnership with Italian football club Juventus. Under a new three-year deal, WhiteBIT became the “official cryptocurrency exchange” and “official sleeve partner” of Juventus, according to a press release. Starting with […]
Gemini Space Station Inc., the crypto exchange and custody platform founded by Cameron and Tyler Winklevoss, has taken a significant step toward becoming a publicly traded company. The firm announced Friday that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC), signaling its intent to […]
A suspect allegedly behind recent high-profile crypto kidnappings in France has been arrested in Morocco, according to Maghreb Arab Press, a government-run press agency. At the request of French authorities, a joint operation of Morocco’s National Judicial Police Brigade (BNPJ) and the General Directorate of Territorial Surveillance (DGST) took the 24-year-old French-Moroccan suspect into custody, […]
On the eve of a U.S. House of Representatives hearing to scrutinize a bill to establish rules for the crypto markets, Democrats said they’ve been stymied from seeking technical information about its effects from the U.S. Securities and Exchange Commission, according to staffers. Regulatory agencies such as the SEC routinely give technical analysis to lawmakers, […]
The U.S. Senate’s stablecoin bill is heading back into the final days of floor debate, and the crypto industry’s Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the debate. If the bill clears those potential obstacles and passes this week, it’ll mark the first […]
By Omkar Godbole (All times ET unless indicated otherwise) The recent TACO tease, implying “Trump Always Chickens Out” on tariffs, likely didn't go down well with the President, who raised the stakes in the ongoing trade war on Friday, leading to broad-based risk aversion, which persists as of writing. On Friday, Trump said that on […]
Two men suspected in the kidnapping and torture of a 28-year-old Italian cryptocurrency investor have pleaded not guilty, while the investigation into their case appears to have expanded to the New York Police Department itself. New York police had previously arrested William Duplessie, 33, and John Woeltz, 37, on the charges, as well as a […]
Crypto exchange Bybit has been granted a license in Austria in compliance with Europe’s framework for dealing in digital assets, the Markets in Crypto Assets (MiCA) regime, according to the website of the local regulator FMA. Europe’s new MiCA rules came into force at the start of this year, prompting firms to select the most […]
A U.S. judge has overturned the fraud and market manipulation convictions of Avraham Eisenberg, the crypto trader accused of draining $110 million from the now-defunct decentralized finance protocol Mango Markets. On Friday, U.S. District Judge Arun Subramanian ruled that prosecutors failed to prove Eisenberg made false representations to the platform. He also moved to acquit […]