It’s the digital wealth bubble in reverse, as companies once determined to accumulate crypto on their balance sheets turn to digital asset sales in an attempt to either prop up falling stock prices or reduce outstanding debt. ETHZilla (ETHZ), a Nasdaq-listed company focused on building a reserve of the second largest cryptocurrency, ether ETH$2,990.39late Friday […]
ETHZills (ETHZ) Sells $74.5M in ETH to Clear Liabilities Read More »
Coinbase (COIN) said it agreed to buy The Clearing Company to help grow its newly launched prediction market as part of the crypto exchange’s plan to become an all-in-one platform for trading everything. San Francisco-based The Clearing Company is a startup led by Toni Gemayel, who has worked extensively in the industry, including as head
Coinbase (COIN) Agrees to Buy The Clearing Company to Deepen Prediction Markets Push Read More »
Crypto bulls are again watching from the sidelines as bearish trading continues and risk assets generally move broadly higher during the US trading session. The standout performer on Monday was gold, which rose 2% to a new record high of $4,475 per ounce. ounces. Silver is higher by 1.6% and earlier hit its own fresh
BTC falls from today’s highs during the US trading session Read More »
The price of BNB rose over 1.7% in the past 24 hours amid a rally in the cryptocurrency market that saw the broader CoinDesk 20 (CD20) index rise 2.2% over the same period. The price broke past the $860 resistance level that had capped recent rallies and briefly touched $868 before seeing a small pullback.
BNB lags market despite break above $860 as scrutiny of Binance grows Read More »
A bipartisan duo in the US House of Representatives is circulating a draft bill that would streamline tax rules for investors, traders and developers by explaining how they would handle reporting their taxes on stakes, low-value transactions and wash sales. Representatives Max Miller of Ohio and Steven Horsford of Nevada unveiled the Digital Asset Protection,
The Parity Act will exempt small crypto purchases and apply wash sale rules Read More »
BlackRock named its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) as one of the top three investment themes for 2025, a striking move given bitcoin BTC$89,127.04 slide this year. The firm placed IBIT alongside two more traditional offerings: the iShares 0-3 Month Treasury Bond ETF (SGOV) and the iShares Top 20 US Stocks ETF (TOPT).
BlackRock names bitcoin ETF a top 2025 theme despite price decline Read More »
Filecoin FILE$1.3164 advanced 4.3% to $1.32 over 24 hours as institutional flows pushed the token through critical resistance levels. The advance unfolded over a controlled $0.06 range, establishing clear upside momentum that traders positioned for extended gains, according to CoinDesk Research’s technical analysis model. The model showed the volume confirmation arriving at midnight UTC with
Filecoin (FIL) price is rising after breaking above the $1.29 resistance zone Read More »
Tax season is approaching, and with only a sliver of 2025 remaining, investors now need to revisit tax and accounting strategies that support their overall financial health. In December, a small adjustment can mean significant benefits. With crypto investments continuing to gain traction among retail investors over the past few years, crypto tax reporting and
The clock is ticking for crypto tax loss collection Read More »
Prediction market traders consistently beat professionals in forecasting inflation, especially when readings deviate from estimates by a larger amount, according to a study by prediction market Kalshi. By comparing inflation forecasts on his platform to Wall Street consensus estimates, Kalshi found that market-based traders were more accurate than conventional economists and analysts over a 25-month
Prediction markets beat Wall Street in forecasting inflation, Kalshi says Read More »
Bitcoin BTC$90,068.51 experienced its toughest fourth quarter since 2022, but a time-honored Wall Street pattern may soon bring relief to battered BTC bulls. That pattern is the S&P 500’s tendency to produce a Santa Claus rally — a rally during the last five trading days of December and the first two of January. A repeat
S&P 500’s Santa Tradition Gives Hope to Battered Bitcoin (BTC) Bulls Read More »
