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News
House Republicans Weigh Removing Mining, Staking Tax Provisions From Digital-Asset Bill
5+ hour, 56+ min ago (150+ words) House Republicans are considering excluding tax provisions related to digital-asset **mining** and **staking** from a tax bill. Republican lawmakers on the House Ways and Means Committee are discussing plans to remove provisions related to the taxation of digital-asset **mining** and…...
South Korean Police Arrest Ring Accused of Laundering $67.3 Million in Criminal Proceeds Through Digital Assets
6+ hour, 11+ min ago (293+ words) Authorities said they had arrested a group that laundered criminal proceeds worth $67.3 million through **digital assets** purchases and cash withdrawals. The group was hired by scam rings tied to **investment chat rooms** and secondhand goods transaction fraud, and laundered the…...
[Analysis] Bitcoin May Tumble to $10,000 if Stocks Correct 20%, McGlone Says
11+ hour, 29+ min ago (162+ words) bloomingbit Bitcoin could fall as low as $10,000 if an extreme bear market takes hold, Bloomberg Intelligence said Mike McGlone, Bloomberg Intelligence's senior commodity strategist, wrote on Sept 14 that Bitcoin is a highly volatile and speculative digital asset with a strong…...
Bitcoin Reclaims $77,000
8+ hour, 35+ min ago (12+ words) bloomingbit What do you think about this news?...
Petition to Delay South Korea Crypto Tax by Two Years Reaches 50,000 Signatures, Meets National Assembly Threshold
20+ hour, 22+ min ago (205+ words) A public petition to the National Assembly seeking a two-year delay to South Korea's planned cryptocurrency tax has met the threshold for formal consideration after attracting 50,000 signatures. According to the National Assembly's public petition platform on Sept. 13, the petition titled…...
CryptoQuant Says Bitcoin Must Break $81,700 to Confirm New Bull Market
1+ day, 8+ hour ago (218+ words) Bitcoin has rebounded recently and is trading in a $76,000 to $82,000 range, but it must break above $81,700 to confirm the start of a new bull market, according to CryptoQuant. The Block reported on September 13 that Julio Moreno, CryptoQuant’s head of research,…...
US August CPI Fails to Shake Rate Outlook; Can Bitcoin and Ether Extend Rebound?
1+ day, 10+ hour ago (221+ words) US consumer price data for August failed to materially alter the market's interest-rate outlook, helping Bitcoin (BTC) and Ether (ETH) post modest gains, according to crypto-focused media outlet The Block. The Block reported on September 13 that the US consumer price…...
Coinbase Bitcoin Premium Stays Negative for Seven Straight Days as US Buying Weakens Again
1+ day, 5+ hour ago (144+ words) Buying interest for Bitcoin in the US market has weakened again, with Coinbase's Bitcoin premium index remaining in negative territory for seven straight trading days. Crypto media outlet BlockBeats, citing CoinGlass data on Sept. 13, reported that Coinbase's Bitcoin premium index…...
Uniswap Monthly Trading Volume Tops $70 Billion, Exceeding Combined Total of No. 2-4 DEXs
1+ day, 2+ hour ago (131+ words) bloomingbit Uniswap Monthly Trading Volume Tops $70 Billion, Exceeding Combined Total of No. 2-4 DEXs - Uniswap said its cumulative trading volume over the past month topped $70 billion. - Uniswap said that figure exceeded the combined trading volume of the three other leading DEXs....
Lee Hyoung-il Says Crypto Tax Guidelines to Be Announced This Year, Backs ‘Other Income’ Classification
1+ day, 6+ hour ago (214+ words) Lee Hyoung-il, South Korea’s nominee for deputy prime minister and finance minister, said detailed tax guidelines for virtual assets will be announced before year-end ahead of the planned Jan. 1 implementation of crypto taxation. The Kyunghyang Shinmun reported on Sept. 13 that,…...