The head of crypto and tokenization at Republic, Andrew Durgee, argues volatility in the industry will continue, in large part fueled by current geopolitical events. The Virginia Senate unanimously passed a groundbreaking cryptocurrency banking bill this week, which already passed the state’s House of Delegates and which legislators expect Gov. […]
Cryptocurrency
Cryptocurrency prices higher as world governments try to block Russia from using crypto to bypass sanctions
Here are your FOX Business headlines. Cryptocurrency was surging early Tuesday morning with both Bitcoin and Ethereum reporting percentage hikes in double digits and Dogecoin up more than 7.25%. RUBLE LICKS WOUNDS, YEN AND FRANC HOLD FIRM WITH FOCUS SQUARELY ON UKRAINE At 4:30 a.m., Bitcoin was trading at around […]
Live news from February 8: Peloton chief steps down, US arrests two and seizes $3.6bn in cryptocurrency from Bitfinex hack, Macron says Putin gave him assurances over Ukraine
Ride-sharing company Lyft, Uber’s biggest rival in the US, posted a mixed bag of earnings on Wednesday, outperforming on revenue but falling short on adding new riders to the platform. “The Omicron variant had a significant impact on ride volumes,” said Logan Green, Lyft’s chief executive, speaking to investors. “The […]
Is the cryptocurrency trading boom creating a new generation of addicts? | News
When bitcoin first became available for purchase in 2009, cryptocurrencies were a relatively obscure niche product. Not any more. Some estimates suggest 221 million people were trading cryptocurrencies around the world last year, often using slick, gamified apps on their smartphones. The Guardian business reporter Rob Davies is the author […]
Top Cryptocurrency Providers In India Raided By Tax Officials: Report
Crypto wallet and exchange are platforms help with transactions of digital assets like bitcoin. New Delhi: After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources. “Around half dozen […]
The Next Cryptocurrency to Explode in 2022 Which Rewards Holders in Stable BUSD Yield
NEWARK, DE / ACCESSWIRE / November 26, 2021 / The crypto world is changing every day. We saw many successful new cryptocurrencies explode in 2021, like DOGECOIN & SAFEMOON. The growth of the crypto market is providing ordinary investors with exponential returns and more unique opportunities to grow their wealth. […]
IRS seized $3.5 billion in cryptocurrency this past year, agency says
Almost all of the money seized by the Internal Revenue Service’s Criminal Investigation unit over the past fiscal year was in cryptocurrency, the agency announced Thursday — a strong indication of just how common it has become in the criminal world. The unit seized $3.5 billion in cryptocurrency in nontax […]
10 common cryptocurrency terms you need to know
Despite Bitcoin launching way back in 2009, it’s only until recently that you can’t turn on the news or browse the web without coming across some mention of cryptocurrency. I got so many questions from my readers and national radio show listeners that I wrote an eBook about crypto to […]
Cryptocurrency faces a quantum computing problem
An IBM quantum computer. Stephen Shankland/CNET Cryptocurrencies hold the potential to change finance, eliminating middlemen and bringing accounts to millions of unbanked people around the world. Quantum computers could upend the way pharmaceuticals and materials are designed by bringing their extraordinary power to the process. Here’s the problem: The blockchain […]
Infrastructure Bill To Be Signed By President Biden Includes Tax Provision Concerning To Cryptocurrency Community
On Friday, the House of Representatives passed a $1.2 trillion infrastructure bill in a 228-206 vote, sending the legislation to President Joe Biden for his signature. The bipartisan infrastructure bill contains a cryptocurrency tax reporting requirement. The Infrastructure Investment and Jobs Act would put $550 billion of new funding into […]