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Elon Musk‘s legal battle against the Brazilian Supreme Court judge, Alexandre de Moraes, gained a new chapter this week. As … Continue reading
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Former U.S. President Donald Trump’s efforts to court the cryptocurrency industry this election cycle seem to be paying off, according to the results of a new poll from Fairleigh Dickinson University.
It’s been a rough August, with the world’s largest crypto set to close the month with a double-digit percentage loss.
Litecoin gained 2.4% while Bitcoin Cash rose 2% in overnight trading.
Therefore, virtual currencies are considered commodities subject to capital gains tax. Since charting taxable income is based upon what a recipient reports to the revenue service, it becomes extremely difficult to account for transactions made using existing cryptocurrencies, a mode of exchange that is complex and difficult to track. Concerns abound that altcoins may become tools for anonymous web criminals. […]
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
In 2022, a group of investors alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts.
U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.
Russia will begin trialing cross-border crypto payments next week to try to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk.