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Price predictions 5/20: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

On May 20, 2023, analysts provided price predictions for several major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and others. Bitcoin is expected to face resistance around $30,000, while Ethereum may test the $2,000 mark. Binance Coin is projected to hold steady near $300, and XRP

SEC’s ‘Crypto Mom’ to join law school, signaling end of time at regulator

The SEC's "Crypto Mom," Hester Peirce, is set to leave her position at the regulatory agency to join a law school as a faculty member. Peirce, known for her pro-crypto stance and advocacy for regulatory clarity in the digital asset space, has been a prominent figure

Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions

A recent proposal in Congress aims to direct the IRS to review the de minimis exemption for cryptocurrency transactions. This exemption currently allows individuals to avoid tax reporting on small transactions, typically under $200. The proposed reform seeks to clarify and potentially expand these exemptions to encourage broader adoption of

Securitize remains in the red even as record quarter fuels public listing plans

Securitize reported a significant increase in revenue during the last quarter, achieving a record high of $9.1 million, which represents a 200% year-over-year growth. Despite this growth, the company continues to operate at a loss, with a net loss of $4.3 million for the quarter. Securitize is planning

Elon Musk's SpaceX held 18,712 bitcoin at fair value of $1.29 billion at end of Q1, IPO filing shows

SpaceX held 18,712 bitcoins valued at approximately $1.29 billion as of the end of the first quarter, according to its recent IPO filing. This significant cryptocurrency holding is part of the company's broader financial strategy. The filing highlights SpaceX's growing interest in digital assets

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