Though it may seem contrary to the industry’s Do Your Own Research ethos that is particularly beloved by purists, successfully unlocking crypto access for high net worth investors and their advisors will propel the industry forward, says Binance’s Catherine Chen. The success of bitcoin spot ETFs combined with bitcoin’s price action have driven investors to […]
Brendan Gunn is the director of an Australian firm that facilitates investment in crypto and other overseas investments. What to know: Brendan Gunn, the brother of Australian breakdancer Raygun, has been charged by the Australian securities regulator for running a crypto-linked fraud scheme. The Australian Securities and Investments Commission (ASIC) charge Gunn with a criminal offence, which […]
Portugal has turned itself into a hub for ultra high net worth individuals looking to establish residency outside their home countries, and a new crypto product makes doing that simpler than ever. Lisbon-based investment firm FundBox together with trading platform Kvarn X is launching the KvarnPortugal Fund, a first-of-its-kind crypto product based on the CoinDesk […]
Bitdeer currently holds 855 BTC, valued at approximately $69 million. What to know: Bitdeer Technologies (BTDR) said it bought 50 bitcoin (BTC), taking the opportunity to build its stash as the price of the largest cryptocurrency looked set for its worst month since June 2022. In a tweet, the bitcoin mining company said it paid an average of […]
The elimination of capital gains taxes on crypto might not be the huge boon to American investors that it would appear to be. In January, following Donald Trump’s inauguration, reports emerged claiming that his son, Eric Trump, had confirmed that U.S.-based cryptocurrencies would eventually be exempt from capital gains tax, while non-U.S. based cryptocurrencies would face a […]
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results. What to know: This year’s rapid surge in U.S. states’ interest to put public money into cryptocurrencies before the federal government can establish a strategic reserve of digital assets has […]
The interest rate outlook has gotten appreciably softer over the past couple of weeks. Meanwhile, Bitcoin remains a topic of significant interest. What to know: “I wouldn’t even be in this situation if it wasn’t for you. You brought down so much f—ing heat on me.” — Robert De Niro as Ace Rothstein to Joe Pesci’s […]
As the transformative technology of Generative AI evolves, the opportunity for Web3 to play a significant role is growing rapidly. “Build for where the industry is going, not for where it is.” This mantra has fueled disruptive innovations for decades — Microsoft capitalized on microprocessors, Salesforce leveraged the cloud and Uber thrived in the mobile […]
Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence. What to know: The token associated with defunct crypto exchange FTX surged briefly Monday night after Sam Bankman-Fried, the founder and onetime CEO of the platform tweeted for the first time in two years. Bankman-Fried, who was convicted on seven different counts of […]
The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency’s previous crypto stance. This decision comes after a prolonged SEC lawsuit that had significant implications for the industry. What to know: The U.S. Securities and Exchange Commission will vote soon on […]