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crypto

meme-stock mania: Meme-stock crowd plows into cross-asset rally lifting risky bets

by Mark McDuffie
meme-stock mania: Meme-stock crowd plows into cross-asset rally lifting risky bets

A rally across all asset classes powering the S&P 500 to its best month in over a year has finally caught the attention of retail investors. The same traders who …

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bitcoin outlook: Bitcoin brings $40,000 into view after more than doubling in a chaotic year

by Mark McDuffie
bitcoin outlook: Bitcoin brings ,000 into view after more than doubling in a chaotic year

Bitcoin’s chances of hitting $40,000 are top of mind for crypto speculators as they head into the final stretch of a year during which the largest digital asset more than …

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What Can Crypto Still Do for Black People?

by Mark McDuffie
What Can Crypto Still Do for Black People?

The music switches from soft elevator tunes to Usher, signaling that the day’s events are about to begin. Brother Sinclair Skinner, the Summit’s cofounder, enters the auditorium, and the stragglers …

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Govt’s 1% TDS on crypto transactions led to Rs 3,500 revenue loss, finds think tank

by Mark McDuffie
Govt’s 1% TDS on crypto transactions led to Rs 3,500 revenue loss, finds think tank

New Delhi: The central government lost nearly Rs 3,500 crore in potential tax revenues from crypto transactions from 1 July, 2022, to 2 October 2023, according to a new report …

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FTX founder acknowledges customers, others got hurt

by Mark McDuffie
FTX founder acknowledges customers, others got hurt

By Ken Sweet and Larry Neumeister | Associated Press NEW YORK — Sam Bankman-Fried, testifying at his fraud trial, cast himself Friday as a bumbling cryptocurrency visionary who knew nothing …

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Sam Bankman-Fried’s Lawyers Are Doing Just Fine, Actually

by Mark McDuffie
Sam Bankman-Fried’s Lawyers Are Doing Just Fine, Actually

In the three weeks since his trial began, Sam Bankman-Fried, founder of crypto exchange FTX, has watched in near silence as a parade of ex-colleagues, peers and other witnesses have …

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New York sues crypto firms, alleging fraud in $1B case

by Sipho Sepamla
New York sues crypto firms, alleging fraud in B case

New York Attorney General Letitia James filed a lawsuit against cryptocurrency companies, alleging $1 billion in fraud. James alleges that cryptocurrency trading companies Gemini Trust Company, Genesis Global Capital LLC, …

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‘A Galactic Embarrassment’: The Crypto World Is Already Sick of SBF’s Trial

by Mark McDuffie
‘A Galactic Embarrassment’: The Crypto World Is Already Sick of SBF’s Trial

“The idea that crypto is on trial, I find ludicrous. An individual is on trial,” says Sheila Warren, CEO of the Crypto Council for Innovation, a body advocating for regulation …

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Crypto: Don’t ban, regulate crypto: IMF-FSB ahead of G20 meet

by Mark McDuffie
Crypto: Don’t ban, regulate crypto: IMF-FSB ahead of G20 meet

NEW DELHI: Identifying multiple risks posed by crypto assets, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) have suggested ways to regulate them but have argued against …

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Win Over SEC Ups Chances for Bitcoin ETF Approval

by Anthony Breach
Win Over SEC Ups Chances for Bitcoin ETF Approval

Grayscale Investments’s court victory over the Securities and Exchange Commission (SEC) on Tuesday sent cryptocurrency prices soaring, as the market eyes a ruling that may allow the first ever cryptocurrency-based …

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