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US lawmakers publish crypto tax proposal without Bitcoin tax exemption

US lawmakers have introduced a new cryptocurrency tax proposal that does not include an exemption for Bitcoin transactions. The proposal aims to clarify tax obligations for digital assets, requiring taxpayers to report gains and losses from crypto trades. This move comes amid ongoing discussions about how to regulate the rapidly evolving crypto market. Critics argue that excluding a Bitcoin tax exemption may hinder adoption and innovation in the sector. The proposal is part of broader efforts to establish a comprehensive framework for cryptocurrency taxation in the United States.

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Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout

Crypto stocks have been significantly impacted as the Nasdaq has entered a correction phase, contributing to a broader $17 trillion market rout. Major cryptocurrencies, including Bitcoin and Ethereum, have seen substantial declines in value, reflecting investor concerns over rising interest rates and economic uncertainty. The downturn in the crypto market

Why Mastercard paid double for stablecoin infrastructure it could have built

Mastercard recently acquired the stablecoin infrastructure company, Cypherpunk Holdings, for double the estimated cost of building a similar system in-house. The decision was driven by the desire to accelerate its entry into the digital currency space and leverage Cypherpunk's existing technology and expertise. This move reflects Mastercard'

Strategy, BitMine and Robinhood Shares Hit Monthly Lows as Bitcoin Sinks Further

Bitcoin's price has continued to decline, leading to significant drops in shares of companies like Strategy, BitMine, and Robinhood, which have all reached monthly lows. The ongoing bearish trend in the cryptocurrency market has raised concerns among investors, prompting a reevaluation of their positions. Analysts suggest that the

NYSE Parent Company Finalizes Polymarket Investment, Totaling $1.6 Billion

The parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), has completed its investment in Polymarket, a decentralized prediction market platform, totaling $1.6 billion. This investment aims to enhance ICE's presence in the cryptocurrency and digital asset space. Polymarket allows users to trade on the

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Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout

Why Mastercard paid double for stablecoin infrastructure it could have built

Strategy, BitMine and Robinhood Shares Hit Monthly Lows as Bitcoin Sinks Further

NYSE Parent Company Finalizes Polymarket Investment, Totaling $1.6 Billion