IRS extends comments period for new crypto tax rule to mid-November
The proposed rules are supposed to come into effect in 2026, impacting sales and exchanges conducted in 2025. Go to Source
Month: October 2023
Crypto market sentiment at highest point since BTC’s $69K all-time high
The Crypto Fear & Greed Index has returned to levels not seen since the peak crypto market rally of November 2021. Go to Source
Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit
Coinbase says the SEC’s definition of an investment contract isn’t in line with U.S. securities laws. Go to Source
No, ARK 21 Shares spot Bitcoin ETF is not listed on DTCC website
Unfortunately for those watching closely for new spot Bitcoin ETF filings, ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not been listed. Go to Source
Galaxy predicts 74% Bitcoin price increase first year after ETF launch
Currently, a 74% increase takes Bitcoin to over $59,000 and that doesn’t factor in “second-order effects,” says Galaxy Digital. Go to Source
BlackRock’s iShares Bitcoin ETF mysteriously disappears — then reappears — on DTCC site
BlackRock’s Bitcoin ETF listing staged a sudden reappearance on the DTCC’s website after disappearing for a few hours. Go to Source
Elizabeth Warren uses Hamas as her newest scapegoat in war on crypto
Massachusetts Sen. Elizabeth Warren is taking advantage sensationalist claims related to Hamas’ use of crypto. Unfortunately, those claims are largely false. Go to Source
Pro-crypto lawmaker Tom Emmer ends hours-long Speaker campaign: Report
The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible Speaker of the House by Republican lawmakers. Go to Source
Vodafone, Sumitomo team up with Chainlink to explore trade documents network
Vodafone’s Digital Asset Broker platform and Sumitomo have been working together since May on this proof-of-concept. Go to Source
BlockFi emerges from bankruptcy and opens wallet withdrawals
BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests. Go to Source