The Department of the Treasury is formally taking down a new rule that expanded the definition of a broker under the U.S. Tax Code.
The rule titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales” classified decentralized finance (DeFi) exchanges as brokers required to furnish the Internal Revenue Service (IRS) with information on user...
July 11, 2025 – Hong Kong, Hong Kong
MultiBank Group, the world’s largest financial derivatives institution has officially announced that the TGE (token generation event) for its highly anticipated MBG Token will take place on July 22, 2025.
This milestone will mark the full activation of the MBG Token on the blockchain, enabling holders to view and manage their balances across supported...
A widely followed cryptocurrency analyst and trader believes Bitcoin (BTC) could go up by more than 4x from the current level.
The trader pseudonymously known as Kaleo tells his 706,400 followers on the social media platform X that a $500,000 Bitcoin price is a “magnet” based on the logarithmic regression channel.
A logarithmic regression channel is a tool used to identify the long-term trend of...
A guaranteed income pilot program is launching in one US county to help those already enrolled in government aid programs pay for basic needs.
Contra Costa County in California will provide 178 people with up to $1,250 per month for 18 months, reports CBS News.
The program has just been approved by the Contra Costa County Board of Supervisors, which previously allocated $3.25 million in county...
Analyst and trader Kevin Svenson believes Bitcoin (BTC) is primed to go higher as the flagship crypto asset sits just a few basis points below the all-time high.
Svenson tells his 83,400 YouTube subscribers that whenever the S...
Morgan Stanley’s chief investment officer and chief US equity strategist, Mike Wilson, says multinational stocks are getting a boost due to the weakening dollar.
In a new CNBC Television interview, Wilson says that a US dollar decline is boosting shares of companies that do sales in other currencies around the globe, improving their market forecasts.
“For the multinationals, there’s no doubt...
SkyBridge Capital founder and CEO Anthony Scaramucci says Bitcoin (BTC) appears ready for more upside as it hovers around its all-time high.
In a new interview on the White Crypto YouTube channel, the hedge fund veteran says Bitcoin could go up by up to 65% from the current level before the end of the year.
“Well, every time I make a price prediction, I get it wrong. But I did say last year that...
The most successful asset of the last 15 years is once again annihilating the doubters.
In the last hour, a total of $687.22 million in Bitcoin shorts have been liquidated, according to the crypto data aggregator CoinGlass.
The shorts have provided rocket fuel for a sudden move above $116,000.
BTC began the day at around $111,000, and is up 4.7% in the last 24 hours.
This week’s rally has placed...
A zero-knowledge (ZK) proof computer processing altcoin is crashing after suddenly gaining support from the world’s largest crypto exchange platform by trading volume.
In a recent announcement, Binance said it is adding support for Lagrange (LA), preceding a significant dip in price.
“Binance is excited to announce that Lagrange will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance...
A widely followed crypto analyst believes Bitcoin’s (BTC) bull market is just weeks away from coming to an end.
The analyst pseudonymously known as Rekt Capital tells his 550,400 subscribers on the social media platform X that the Bitcoin bull market could end in two or three months if history repeats itself.
According to the pseudonymous analyst, the Bitcoin bull market typically hits the peak...