Wall Street Meets Crypto: Citi and Coinbase Join Forces In a move that’s got both bankers and crypto enthusiasts buzzing, global banking giant Citi has partnered with Coinbase to make digital asset payments easier for big institutional players. This collaboration aims to streamline the way major clients move money using digital assets, signaling a new…
Why Paying Crypto Taxes Is a Big Deal Thinking of skipping out on taxes for your crypto holdings? You might want to reconsider. The Internal Revenue Service (IRS) and tax authorities around the globe are now prioritizing digital assets, and not following the rules can land you in serious hot water. So, what really happens…
Big Bitcoin Buys: American Bitcoin and Saylor Double Down In a headline-grabbing move that’s sure to get the crypto world buzzing, American Bitcoin just acquired a whopping 1,414 BTC. Not to be outdone, Bitcoin evangelist Michael Saylor’s MicroStrategy also padded its digital wallet, snapping up an additional 390 BTC. The message? Institutional confidence in Bitcoin…
Japan Sets a New Standard with Its Global Yen Stablecoin Japan has shaken up the global crypto scene by introducing the world’s first truly international yen-pegged stablecoin, making a bold statement in Asia’s rapidly evolving digital finance ecosystem. The new digital asset, pegged 1:1 to the Japanese yen, aims to set itself apart as Asia’s…
Bitcoin Gets a Boost from Fed Rate Cut Speculation As Wall Street braces for the Federal Reserve’s next move, speculation about an imminent rate cut is sending Bitcoin prices higher. Traders are eyeing the central bank’s upcoming meeting with anticipation, hoping that lower interest rates will fuel risk-on assets like cryptocurrency. The excitement isn’t just…
Why Crypto Taxes Aren’t Optional (Even If It Feels Like the Wild West) You might have heard stories online about people skipping out on taxes for their crypto holdings. Maybe you’ve even wondered if the tax authorities will ever really catch up. But whether you’re stacking Bitcoin or actively trading altcoins on platforms like Coinbase…
Ant Group Steps Into the Crypto Spotlight with ‘AntCoin’ Trademark Filing Alibaba’s fintech powerhouse, Ant Group, just sent the rumor mill into overdrive with its latest move. The company has officially filed a trademark for “AntCoin” in Hong Kong, setting the stage for what could be a major leap into the world of cryptocurrency. While…
NYDIG: Bitcoin is a Dollar Liquidity Barometer, Not an Inflation Shield Bitcoin has long been hyped as a digital gold—a supposed cure to the pain of rising prices. But recent research from NYDIG suggests that’s not the full story. According to Greg Cipolaro, NYDIG’s Global Head of Research, Bitcoin doesn’t reliably shield investors from inflation….
Bank Reserves Hit Alarming Lows: What Does This Mean for Bitcoin? The financial world is buzzing after the latest report from The Kobeissi Letter revealed that bank cash reserves at the Federal Reserve have plunged to about $2.93 trillion. That’s a level not seen since before the pandemic, and some market watchers are sounding the…
Ferrari Drives Into Crypto: Fans to Bid on Iconic Le Mans Car With Digital Token Ferrari, the famed Italian automaker, is steering deeper into the world of cryptocurrency with a bold new initiative: launching a digital token that will let fans and collectors bid on its Le Mans-winning 499P race car in a unique, limited…
