Bloomberg News reports negotiations between Binance Holding Ltd. and the U.S. Department of Justice (DOJ) discussing a $4 billion settlement to address alleged criminal violations. These talks also suggest the potential for the company's founder, Changpeng "CZ" Zhao, to potentially face U.S. criminal charges.Continue Reading
Bitcoin is up roughly 2% on the news. In Argentina's presidential run-off election on November 19, the Bitcoin-supportive candidate Javier Milei emerged victorious, surpassing opponent Sergio Massa.Continue Reading
Fidelity Investments, a major financial services firm, is pursuing regulatory clearance for an exchange-traded fund (ETF) designed to encompass Ethereum cryptocurrency.Continue Reading
On November 15, the globe's largest asset manager, BlackRock, formally submitted an application for an Ether exchange-traded fund (ETF) directly linked to the market with the United States Securities and Exchange Commission (SEC).Continue Reading
The Australian Taxation Office (ATO) has announced that people involved in wrapping or unwrapping cryptocurrency tokens will face capital gains tax (CGT). This tax will be imposed regardless of the tokens’ market value during the wrapping or unwrapping. Essentially, any gains or losses arising from these transactions will now be subject to taxation by the...Continue Reading
A surge of 12% in XRP followed a misleading BlackRock filing that hinted at the asset manager establishing an XRP exchange-traded product. Continue Reading
The Bitcoin mining sector achieved its highest annual earnings on November 12, surpassing $44 million in combined block rewards and transaction fees.Continue Reading
Bitcoin and altcoins have experienced significant inflows this year, with the issue of a potential Bitcoin supply shortage still under consideration, as the ETF approvals and halving beckons. Continue Reading
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