50 days until US election, crypto Super PAC pours $7.8M into Senate races

Bitcoin (BTC) will not move much after Grayscale’s giant 16,000-BTC unlocking date, after all, said crypto trading firm QCP Capital. In its latest market update released on Wednesday, analysts downplayed the popular theory that the Grayscale Bitcoin Trust (GBTC) will cause BTC’s price volatility in the coming weeks.No “significant impact” expected from GBTCAs Cointelegraph reported, the GBTC…

“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November. 129 Total views 3 Total shares Australia's controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen as “toilet paper,” according to

Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain platform, according to a report by The Maritime Executive on July 1.According to the announcement, the container was tracked via…

Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director. 3233 Total views 7 Total shares Ireland’s central bank director general for financial conduct is the latest official to point out issues of Bitcoin (BTC) and the cryptocurrency industry following a major market sell-off.The growing popularity of…

A California federal court has affirmed the validity of the United States Internal Revenue Service’s (IRS) request for data from crypto exchange Bitstamp in connection with an individual tax reporting case.Per a Nov. 25 filing, the court has found that five of the six arguments presented against the IRS “lack merit,” but has conceded on…

Volatility has been the dominant theme in financial markets lately. As uncertainty around COVID-19 and its impact on the economy deepens, markets have been swinging wildly. We’ve seen the S&P 500 falling off a cliff as well as risk assets across the board taking a beating. Cryptocurrency markets have been no different and have exhibited…

Sparkswap, a decentralized exchange backed by Pantera Capital, announced it is shutting down on March 17. The exchange cited a weak user base as the catalyst for its decision to cease operations.The platform has shut its doors to new customers and will put an end to all trading services after March 24. The exchange will…