Bitcoin knocks on $78,000 in V-shaped comeback as midterm election uncertainty fades
BTC is steaming higher as U.S. midterm election uncertainty fades.
Jack Dorsey’s Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block’s quarterly bitcoin gross profit.
U.S.-sanctioned Moscow Exchange to list bitcoin and Tether’s USDT in December
Russia’s main bourse wants back the crypto trading Russians do abroad, and one of the coins it’s listing is issued by a company that freezes wallets on the U.S. sanctions list.
South Korea’s ruling party wants to delay its crypto tax again
South Korea’s ruling party wants to delay crypto tax by about two years, as it waits for global tax-sharing rules and new digital assets law.
Democrats surge toward Senate, House majorities, with crypto braced for new direction
The dominance of Republicans in all three government branches has been broken by the midterms, and the industry will feel the result as Congress changes hands.
Bitcoin briefly sinks to $75,700 as bets on a Democratic sweep rattle markets
Stock futures and the dollar slid and Treasuries rallied as early U.S. midterm returns pointed to Democrats taking both chambers of Congress.
Live updates: Crypto’s election gamble falters as Democratic victories usher in a ‘blue wave’
Voters are choosing who will represent them in the House, Senate and state-wide seats.