Portugal to lose crypto tax haven status as state announces gains duties
The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender. To the chagrin of many…
Celsius Network’s crypto mining subsidiary SEC filing suggests plans for IPO
The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange.…
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward. Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a…
What really goes on at a crypto OTC desk?
Over-the-counter, or OTC, trading refers to any trading that is not done via an automated exchange. What exactly is OTC trading? Who does it, and why? To learn more about…
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions. The United States Department of Justice…
BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
Quad-stablecoin liquidity pools, an integration with Oasis Network and 12 new vaults could be the factors behind BIFI’s current triple digit gain. Winston Churchill’s statement to “never let a crisis…
California regulator will revisit long-running ban on crypto donations on May 19
“This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wierenga. A California state regulator may be looking at overturning a…
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset. Its been a rough couple of weeks for the cryptocurrency market.…
Bitcoin Price Prediction for Today, May 16: BTC Turns Bearish as Price Drops to $29,055
The Bitcoin price prediction keeps extending the bearish movement to the areas below the support level of $30,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,691 Bitcoin market cap…
USTs Depegging, Crypto Market Meltdown Signals Institutions to Pour in $274m into Digital Asset Investment Products in One Week
Quick summary: According to CoinShares, digital asset investment products saw record weekly inflows of $274 million last week Bitcoin also saw $299 million in inflows in the last week Institutions…
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate…
Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year
Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll,…
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in…
Biggest Movers: XMR and SOL Higher on Monday
Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was one of the biggest climbers, with solana also moving higher…
Do Kwon proposes Terra hard fork to save ecosystem
Terraform Labs will put the proposal up for a governance vote on May 18 Asia time. On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised…