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Cheyenne Ligon @ CoinDesk 1 place · 08/09/2024 14:17 EDT

IRS Shares New Crypto Tax Form, Invites Industry Input

The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Read more

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CoinDesk
Ethan Luc @ CoinDesk 3 place · 08/09/2024 13:25 EDT

Crypto Needs to Radically Rethink Token Distribution

The prevailing “low float, high FDV” model can generate significant initial interest in project but benefits tend to disintegrate in the long-term, says Lava Network's Ethan Luc. Read more

0

CoinDesk
Sheila Warren, Justin Slaughter @ CoinDesk 2 place · 08/09/2024 13:16 EDT

What the NYT and Washington Post Op-Eds Get Wrong About Crypto

It’s long past time for critics to look past their biases and recognize the reality of the digital assets industry, say Sheila Warren and Justin Slaughter. Read more

1

CoinDesk
Krisztian Sandor @ CoinDesk 1 place · 08/09/2024 12:53 EDT

Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger

The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services. Read more

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CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 08/09/2024 09:30 EDT

CoinDesk 20 Performance Update: XRP's 7.8% Decline Weighs on Index

APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses. Read more

2

CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 08/09/2024 08:06 EDT

First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk · 08/09/2024 01:49 EDT

Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K

“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said. Read more

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CoinDesk
Sam Reynolds @ CoinDesk · 08/09/2024 00:57 EDT

Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization Read more

1

CoinDesk
Aoyon Ashraf @ CoinDesk · 08/08/2024 17:36 EDT

Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor

Ionic Digital's CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim. Read more

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CoinDesk
Emily Landon @ CoinDesk · 08/08/2024 17:22 EDT

Careers in Crypto: 5 Insights for 2024

In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024. Read more

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CoinDesk
Helene Braun @ CoinDesk · 08/08/2024 15:55 EDT

Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise

OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk 3 place · 08/08/2024 13:33 EDT

Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy

While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted. Read more

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CoinDesk
Aoyon Ashraf, Will Canny @ CoinDesk · 08/08/2024 13:19 EDT

JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In

Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said. Read more

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CoinDesk
Jesse Hamilton @ CoinDesk · 08/08/2024 13:03 EDT

Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients. Read more

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27.11.2024 09:25
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