Australian Federal Government’s Treasury Department is calling for feedback from stakeholders on the draft legislation until November 1, 2023. […] Read More… The post Australia’s central bank wants more power to monitor digital wallets appeared first on CoinGeek.
US lawmakers urge Treasury, IRS to hasten implementation of crypto tax rules by 2 years
U.S. Senators Elizabeth Warren and Angus S. King, Jr. are pressing the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to hasten the implementation of recently proposed tax reporting rules for cryptocurrency brokers. In a joint letter addressed to the two regulators, the senators raised concerns over a two-year delay in enforcing […]
Aditya Baradwaj Exposes $190M Security Flaws at Alameda Research
The post Aditya Baradwaj Exposes $190M Security Flaws at Alameda Research appeared first on Coinpedia Fintech News In 2017, Sam Bankman-Fried co-founded Alameda Research, the cornerstone of his cryptocurrency ventures. The relationship between Alameda and his exchange FTX is now under investigation, as their interdependence led to substantial losses for customers and traders when crypto […]
Top Reasons Why Shiba Inu (SHIB) Price Might See Major Rally in Coming Months
The post Top Reasons Why Shiba Inu (SHIB) Price Might See Major Rally in Coming Months appeared first on Coinpedia Fintech News The cryptocurrency sphere is rife with speculation, and Shiba Inu (SHIB) remains at the discussion’s forefront. Noted crypto analyst Austin Hilton has pointed out a decisive factor that could significantly influence SHIB’s trajectory. […]
Crypto Market Prediction : Raoul Pal Says Crypto Spring is Coming: What Does it Mean?
The post Crypto Market Prediction : Raoul Pal Says Crypto Spring is Coming: What Does it Mean? appeared first on Coinpedia Fintech News Financial analyst Raoul Pal likens the evolving crypto market to the changing seasons, suggesting we’re transitioning from a stagnant winter to a flourishing crypto spring. Pal often employs seasonal analogies to elucidate […]
Polygon Co-Founder Proposes zk-Powered ApeChain
A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 […]
Coinbase Trading Volume Expected to Hit Lowest Point Since Before IPO
The post Coinbase Trading Volume Expected to Hit Lowest Point Since Before IPO appeared first on Coinpedia Fintech News Coinbase, the leading digital-asset platform in the US, witnessed a concerning 52% drop in its spot trading volume last quarter, plummeting to about $76 billion. According to a study by CCData, the trading volume now mirrors […]
How to Find a Bitcoin Automated Transfer Machine
Published by Henry on The Crypto Staunch.Exchanges now has temporal limit to the massive surge in demands of cryptocurrencies. Many people have also started searching for other alternative ways they can … Read MorePost Link: How to Find a Bitcoin Automated Transfer Machine
Bitcoin’s Distinctive Role in the Cryptocurrency Sphere Emphasized by Fidelity Digital Assets Report
In a groundbreaking report, Fidelity Digital Assets, a subsidiary of the world’s third-largest asset management company, has underscored the distinctive value of Bitcoin in the cryptocurrency investment landscape. The firm, which manages a staggering $4.24 trillion in assets under management (AUM), has shown a bullish stance on Bitcoin (BTC) and is deeply committed to the […]
Bitcoin Reasserts Dominance Over Cryptocurrency Market Amidst Cautious Investor Sentiment
In recent times, Bitcoin has solidified its position as the leading cryptocurrency, demonstrating its dominance over other digital assets. This dominance is evident in its increasing market share, which has been climbing towards levels last witnessed in 2021. Such a trend indicates a cautious sentiment among investors in the digital asset space, with many favoring […]