Coinbase (COIN) shares jumped 5% ahead of Friday market opening on news that the U.S. Securities and Exchange Commission (SEC) is poised …
Challenges
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Mining
DCG launches Fortitude Mining to diversify beyond Bitcoin amid industry challenges
by shayaanby shayaanDigital Currency Group (DCG) has announced the launch of Fortitude Mining, a new subsidiary focused on diversifying exposure to high-growth crypto assets …
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NFT trading volumes have dropped by 19% in 2024, highlighting significant challenges faced by the NFT market. Despite the initial buzz, many …
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Markets
El Salvador Defies IMF, Boosts Bitcoin Holdings Amid Economic Challenges
by shayaanby shayaanDefying an IMF agreement, which stipulates El Salvador to reduce its economy’s exposure to the Bitcoin market, the Central American country has …
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Regulation
IRS grants temporary relief on crypto tax reporting rules amid legal challenges
by shayaanby shayaanThe Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors. …
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Adoption
Syrian research explores Bitcoin legislation to stabilize currency amid challenges
by shayaanby shayaanThe Syrian Center for Economic Research (SCER) has outlined an ambitious proposal to integrate Bitcoin into the Middle Eastern country’s financial system. …
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Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s …
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Roger Ver, a leading cryptocurrency advocate and early Bitcoin investor, has urged a US court to dismiss tax evasion charges filed against …
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international compliance Electromagnetic Compatibility (EMC) testing is a critical process for ensuring that electronic devices can operate as intended in their intended …
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Kraken, one of the largest cryptocurrency exchanges, is closing its NFT marketplace. This is a big change of direction for the company …