MicroStrategy, a business intelligence firm helmed by prominent Bitcoin advocate Michael Saylor, faces potential federal tax liabilities on its extensive Bitcoin holdings, estimated at $47 billion, according to a Wall Street Journal report on Friday. MicroStrategy suddenly has a tax…
Updated Jan 23, 2025, 4:50 p.m. UTCPublished Jan 23, 2025, 4:49 p.m. UTC Bitcoin (BTC) surged past $106,000 on Thursday morning in the U.S. on reports that U.S. President Donald Trump will talk later today with Nayib Bukele, president of bitcoin-friendly nation…
Jan 22, 2025, 6:03 p.m. UTC The crypto industry is waiting for President Donald Trump to issue an executive order that will steer the federal government toward a new, more welcoming era for digital assets oversight. That’ll be good for Trump’s…
The US Securities and Exchange Commission (SEC) has revoked the controversial Staff Accounting Bulletin – SAB 121, days after Gensler’s resignation. The rule gained widespread criticism for asking banks that hold crypto to record them as liabilities in their balance…
Coinbase Wallet is one of the most popular cryptocurrency wallets available. It provides support for several blockchains, including Ethereum and Base, and additional chain support on the mobile app for chains such as Bitcoin. But is Coinbase Wallet safe to…
Jan 23, 2025, 1:44 p.m. UTC Payments-focused cryptocurrency XRP’s short-term outlook appears grim as traditional financial giants do not seem interested in looking beyond BTC and ETH, while price action indicates signs of rally fatigue. On Wednesday, the Chicago Mercantile Exchange…
Jan 22, 2025, 5:09 p.m. UTC Coinbase has petitioned a U.S. appeals court to rule on whether or not the crypto trading activity on its platform should be subject to securities laws. In a Tuesday court filing, lawyers for Coinbase urged…
Nemil Dalal, Head of the Coinbase Developer Platform (CDP), joined the Cryptonews Spotlight podcast to discuss how AI and blockchain are converging, the role of crypto in mainstream adoption, and how Coinbase is making onchain development accessible for everyone. Nemil…
Arbitrum is the top Layer-2 chain based on Ethereum. Transactions are faster and cheaper than Ethereum Mainnet, and the ecosystem is thriving. In this guide, we’ll learn how to bridge ETH to Arbitrum to take advantage of lower-cost transactions using…
Updated Jan 23, 2025, 12:12 p.m. UTCPublished Jan 23, 2025, 12:10 p.m. UTC The outlook for bitcoin (BTC), the world’s largest cryptocurrency, is positive, and its price is expected to remain elevated in 2025, German lender Deutsche Bank (DB) said in a…