Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak
Bitcoin (BTC)-related investment products have become the “main beneficiary” of recent investor interest in crypto, amid growing anticipation of a spot Bitcoin ETF approval in...
Category : Market News
Core Scientific explains its latest bankruptcy plan ahead of court date
Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation is based on...
IRS team reports rise in crypto tax investigations
The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations around digital asset reporting. In...
Crypto Stories Part 2: Bitcoin led Charlie Shrem into a tumultuous life
Charlie Shrem paid a steep price for his place in crypto history. Major figures in the crypto world were part of his story, and his...
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Last week, His Majesty’s Revenue and Customs (HMRC) presented an unpleasant Christmas surprise to hodlers in the United Kingdom, demanding they declare any crypto holdings...
IBM says it will have hit a quantum computing ‘inflection point’ by 2029
IBM announced the unveiling of its 1,121-qubit “Condor” quantum computing processor on Dec. 4. This is the company’s largest by qubit count and, arguably, the...
Price analysis 12/4: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Bitcoin (BTC) and Ether (ETH) surged above their respective overhead resistance levels on Dec. 4, indicating that the bulls are in no mood to slow...
Meta's AI boss says there’s an ‘AI war’ underway and Nvidia is ‘supplying the weapons’
Meta AI boss Yann LeCun sounded off on the industry-wide state of artificial intelligence and quantum computing during a recent event to celebrate the 10...
Cosmos-based networks Umee and Osmosis to merge, creating 'DeFi Hub'
Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain code will be reimplemented on...
El Salvador’s Bitcoin portfolio swings to profit
According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net...