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Cryptocurrency Exchange

Proposed Tax Exemption for Minor Stablecoin Transactions and Staking Earnings

US lawmakers are working on a proposal that would exempt small stablecoin payments from taxation and defer taxes on staking and mining rewards.

News

Coinbase Follows Kalshi's Legal Strategy, Initiates Lawsuits Against Three States on Prediction Markets

Coinbase aims to establish federal oversight on prediction markets by suing regulators in three states, contending that federal commodities law should apply rather than state gambling statutes.

Business

Bybit Reintroduces Its UK Trading Platform Following FCA Guidelines

Bybit has announced its return to the UK market with a new platform focused on spot trading and peer-to-peer transactions.

News

Record Capacity Achieved by Lightning Network Amid Adoption Surge

The Lightning Network has set a new capacity record, fueled by rising adoption from major cryptocurrency exchanges and updates facilitating multi-asset exchanges.

News

Binance Targets Fraudulent Listing Agents with Up to $5M Whistleblower Reward

Binance warns users against fraudulent token listing agents, announcing a reward of up to $5 million for whistleblowers who report these scams.

News

Coinbase to Introduce Prediction Markets and Tokenized Stocks Soon

Coinbase is set to reveal new offerings, including prediction markets and tokenized stocks, during a livestream next week.

Ecosystem

Binance Takes Steps Toward Entering Stock Trading with New API Features

Binance has rolled out new API endpoints that indicate a strategy shift towards stock trading, signaling a renewed interest after a previous attempt failed in 2021.

News

Binance Gains Licenses from ADGM for Global Platform Operations

Binance has received licenses from the Abu Dhabi Financial Services Regulatory Authority, allowing it to operate its international exchange and broker-dealer services.

News

Paribu Expands Influence by Acquiring CoinMENA Stake

Turkish crypto exchange Paribu has made a significant acquisition of CoinMENA, marking a major move in the digital finance landscape.

News

Bitcoin Signals High Risk of Correction Despite Optimistic Trader Views on BTC Below $100K

Bitcoin's recent uptick may suggest a strong position above $90,000, yet risk indicators are signaling potential corrections ahead.

Crypto

HashKey Moves Closer to IPO amid Regulatory Concerns in China

HashKey Holdings inches closer to a public offering as the Hong Kong Stock Exchange publishes essential documents amid a tense regulatory environment from China.

Cryptocurrencies

Bitcoin Surpasses $90K: Essential Actions for Bulls to Sustain the Momentum

Bitcoin has climbed above $90,000, but significant actions are required from bulls to maintain this upward trend amidst revealing on-chain data suggesting fragile support.

Market Analysis

Navigating Bitcoin's Potential Surge Back to $112,000 Amid Key Influences

Several factors are weighing on Bitcoin's price, including interest rate policies and regulatory reviews that could shape the market's trajectory.

Altcoins

XRP ETFs Soak Up 80 Million Tokens: Is a Bullish Trend on the Horizon for the Altcoin?

The recent launch of XRP ETFs saw an influx of 80 million tokens, indicating potential bullish momentum for the altcoin amidst market volatility.

News

FCA Tests Crypto Transparency with New Templates in UK Regulatory Landscape

The UK's FCA has begun trials with Eunice for crypto disclosure templates to enhance transparency in the sector.

Crypto

White House Considers New IRS Tax Rules for Foreign Cryptocurrency Accounts

The proposal aims to align US crypto taxation with international standards, potentially discouraging Americans from using offshore exchanges.

Crypto

Bitcoin's Bullish Double Bottom Might Target $110K, Yet CME Gap Raises Caution

Analysts notice Bitcoin could rally towards $110,000, although there are dynamics suggesting a short-term pullback due to gaps in the market.

Crypto

Solana ETFs Gain Traction While SOL Price Dips: Is $120 the Next Target?

Solana ETFs experience significant inflows, yet the price of SOL drops below a critical support level, raising concerns about a potential fall to $120.