Bitfinex Derivatives to move to El Salvador after securing local crypto license
Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America.
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Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation.

US Crypto Holders Only Have a Few Days to Reply to the IRS 6173 Letter
Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report income and pay the resulting tax from digital currency transactions or did not report their transactions properly. Those who…

Ethereum gains 5% in 24 hours: Start of post-ETF approval pump?
ETH has come within $70 of the psychological $4,000 price level during early trading on May 27.

Grayscale gears up for legal battle with SEC over Bitcoin ETF
“I think all options are on the table,” said the Grayscale CEO, adding that the company has put its “full resources” into converting its flagship Bitcoin trust. 448 Total views 4 Total shares Grayscale CEO Michael Sonnenshein said the firm is gearing up for a legal fight if Grayscale’s Bitcoin Spot ETF product is denied…

Bitcoin Trading: 7 Tips to Detach Your Emotions From Your Portfolio
Humans are inherently emotional beings — we love, we hate, we feel fear, we experience greed and we question our decisions. All of these emotions are the enemy of a successful trader.“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.”— Victor…

Why is Ethereum used for NFTs?
Nonfungible tokens (NFTs) are compatible with any Ethereum-based project. You could, for example, trade a piece of a portrait for a ticket! Most NFTs are part of the Ethereum blockchain at a high level. Ether (ETH), like Dogecoin (DOGE), is a cryptocurrency, but the Ethereum blockchain also enables these NFTs, which store additional information that…

Solana may hit $330 and reach 50% of ETH market cap — VanEck research
Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains.

Unifi (UNIF), StaFi (FIS) and Dego see triple-digit gains afer DeFi listings
The CBOE has filed an application with the United States Securities and Exchange Commission to list the Bitcoin (BTC) exchange-traded fund proposed by asset manager Van Eck. If the Bitcoin ETF receives a green signal from the regulators, it could boost market sentiment and attract several new investors to the crypto space.Crypto market data daily…