Key Takeaways: A petition to end cryptocurrency taxation has attracted over 52,900 signatures in South Korea and its cause has been referred to the country’s national assembly’s committee for review. Because the Tax Court’s ruling will disproportionately affect the burden placed on digital asset investors, petitioners believe the crypto gains tax w
SpaceX’s $1.45B Bitcoin Bombshell Revealed in IPO Filing as BTC Buy Price Hits $35K
Key Takeaways: SpaceX revealed ownership of 18,713 BTC valued at approximately $1.45 billion, a significant amount over what has been previously thought of in the public arena. According to its S-1 filing, the company bought Bitcoin at the average price of $35,320 per Bitcoin. The disclosure puts SpaceX in good company with other major corporate [&
SpaceX’s $1.45B Bitcoin Bombshell Revealed in IPO Filing as BTC Buy Price Hits $35K
Key Takeaways: SpaceX revealed ownership of 18,713 BTC valued at approximately $1.45 billion, a significant amount over what has been previously thought of in the public arena. According to its S-1 filing, the company bought Bitcoin at the average price of $35,320 per Bitcoin. The disclosure puts SpaceX in good company with other major corporate [&
CLARITY Act Gains Momentum as Ripple Backs Rules for 67M U.S. Crypto Holders
Key Takeaways: Ripple Chief Legal Officer Stuart Alderoty expressed his own public endorsement of the CLARITY Act as a consumer protection measure instead of a giveaway to the industry. Supporters say the bill would give certainty to the 67 million Americans that already possess digital assets. The debate sheds light on the emerging tension between
CLARITY Act Gains Momentum as Ripple Backs Rules for 67M U.S. Crypto Holders
Key Takeaways: Ripple Chief Legal Officer Stuart Alderoty expressed his own public endorsement of the CLARITY Act as a consumer protection measure instead of a giveaway to the industry. Supporters say the bill would give certainty to the 67 million Americans that already possess digital assets. The debate sheds light on the emerging tension between
Jane Street’s Secret Telegram Chat Allegedly Helped Dump $192M UST Before Terra’s $40B Collapse
Key Takeaways: The administrator of Terraform Labs has filed accusations that Jane Street employed “insider information” from Terraform staff in order to dump UST ahead of the depeg, which would happen in 2022. A private Telegram group named “Bryce’s Secret” provided this group of traders with privileged information regarding Terraform’s liquidity,
Jane Street’s Secret Telegram Chat Allegedly Helped Dump $192M UST Before Terra’s $40B Collapse
Key Takeaways: The administrator of Terraform Labs has filed accusations that Jane Street employed “insider information” from Terraform staff in order to dump UST ahead of the depeg, which would happen in 2022. A private Telegram group named “Bryce’s Secret” provided this group of traders with privileged information regarding Terraform’s liquidity,
Strategy takes Bitcoin buying breather ahead of Q1 earnings report
Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1.
Strategy takes Bitcoin buying breather ahead of Q1 earnings report
Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1.
Bitcoin preps highest weekly close since January as BTC price nears $79K
Bitcoin canceled out the week’s earlier losses to tease the highest BTC price weekly candle close since the end of January near $79,000.