Blockchain
$60,000 for Bitcoin: Start of a New Rally or a Peak Before the Fall?
Bitcoin's ascent to a staggering $60,000 has caught the financial world's attention, marking a significant milestone in the cryptocurrency's history. This surge, the first of its kind in over two years, is driven by a blend of optimism and strategic …
BlackRock and Grayscale Lead the Way in Spot Bitcoin ETFs
The cryptocurrency world is buzzing with excitement as the Securities and Exchange Commission (SEC) has finally given the green light to spot Bitcoin Exchange-Traded Funds (ETFs). This monumental decision comes after a lengthy battle and is seen as a …
Bitcoin's Remarkable Rally: Surpasses $45,000 After Two-Year High
In a remarkable turn of events, Bitcoin has surged past the $45,000 mark for the first time in almost two years. This surge comes as the anticipation of approval for an exchange-traded fund (ETF) directly investing in Bitcoin intensifies. In this article, …
The transformation of Bitcoin: From scandal to respectability
Bitcoin has undergone a miraculous transformation in recent years. Since its inception, the cryptocurrency has been controversial and plagued by scandals. Some saw them as “rat poison” or a means of deception. Nevertheless, there are signs that Bitcoin is …
German Federal Fiscal Court confirms tax liability for crypto gains
The German Federal Fiscal Court (Bundesfinanzhof, BFH) has ruled that gains from cryptocurrencies are also subject to income tax. The ruling thus clarifies that cryptocurrencies are to be regarded as economic assets and gains therefrom are taxable. The IX …
BlockFi is suing Sam Bankman-Fried over Robinhood stock
Bankrupt cryptocurrency lender BlockFi is suing Sam Bankman-Fried to seize shares of Robinhood that the FTX founder allegedly pledged as collateral just days before his exchange collapsed.
Crypto crisis: Coinbase lays off almost a fifth of its employees
Coinbase is laying off nearly a fifth of its workforce after a sharp drop in prices and cryptocurrency trading volume rattled some of the industry's biggest players.
How economical is the Solana blockchain?
Ethereum co-founder Joseph Lubin has questioned the sustainability of competing projects, including the fast-growing Solana blockchain, as venture capital flows into a number of new cryptocurrency networks.
Bitcoin's recovery rally comes to a halt
Bitcoin is in danger of breaking its longest winning streak in more than four months as traders question whether the recovery from recent lows came too quickly and too soon.
El Salvador's president wants Bitcoin as a means of payment
The atmosphere at the Bitcoin conference was boisterous, exuberant, with crowds of cryptocurrency fanatics, a full bar, a Lamborghini raffle and a skateboard demo.