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12/25/2022

U.S. delays crypto tax reporting rules, as it still can’t define what a 'broker' is

A key set of crypto tax reporting rules is being delayed until further notice under a decision made by the United States Treasury Department. The rules were supposed to be effective in the 2023 tax filing year, in accordance with the Infrastructure Investment and Jobs Act passed in November, 2021.

12/25/2022

Market Sentiments Reveal Historically Bullish Indicator Has Surfaced

The crypto market could be poised for a price rise going by historical market sentiment data pointed out by the crypto market intelligence tracking platform Santiment.

12/25/2022

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added.

12/24/2022

SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren't in Compliance With Its Rules, Says Chair Gensler

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. In addition, the SEC chief said: “Proof of reserves is neither a full accounting of the assets and liability of a company, nor does it satisfy segregation of customer funds under the securities laws.”

12/24/2022

DeFi platforms across blockchains hold $69.95B in TVL – 65.6% locked on Ethereum

Ethereum-based DeFi projects have a combined TVL of $45.96 billion — 65.6% of all TVL in DeFi across crypto, according to data from DeFiLlama.

12/24/2022

Long-term Litecoin [LTC] investors can profit from these levels if BTC…

LTC’s bears had leverage in the market. Its price may drop to $64.67 Forecasts would be invalidated if there is a move above $68.35

Blog

U.S. delays crypto tax reporting rules, as it still can’t define what a 'broker' is

Market Sentiments Reveal Historically Bullish Indicator Has Surfaced

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren't in Compliance With Its Rules, Says Chair Gensler

DeFi platforms across blockchains hold $69.95B in TVL – 65.6% locked on Ethereum

Long-term Litecoin [LTC] investors can profit from these levels if BTC…