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Crypto Blog

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.
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The nearing approval of a spot Bitcoin ETF in the US has driven up demand for the cryptocurrency, causing a spike in transaction fees.
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Fidelity Investments, a major financial services firm, is pursuing regulatory clearance for an exchange-traded fund (ETF) designed to encompass Ethereum cryptocurrency.
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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).
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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 ATO.
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