Crypto Crash News: The global digital asset market registered a broad sell-off on Friday as fear rises around the future of United States based crypto friendly banks. The cumulative crypto market cap ...
Tag: Crypto
Crypto Winter Brings Bad News for Sports Sponsorship
Crypto winter(s) can have multiple market repercussions for retailers and institutions. This article focuses on how the crypto winter is impacting sports sponsorships and advertisement deals. Crypto ...
Crypto Superpowers Marveling The Industry, One Woman at-a-time!
As the crypto space grows, so does its female presence. To celebrate this, TheCoinRepublic spoke with these lady superpowers about the crypto market. Women are increasingly joining the wave of suppor...
US Fed to create new crypto team amid concerns about unregulated stablecoins
The United States Federal Reserve is set to create a “specialized team of experts” to keep up with developments in the cryptocurrency industry, according to a Fed official, amid concerns from the Fed...
Huobi Token Flash Crashes as Crypto Markets Dump $70 Billion
The Huobi exchange token HT flash crashed a few hours ago but has since made a quick recovery. However, company advisor Justin Sun brushed it off as ‘market behavior.’ There have been some strange hap...
DigiToads looks to cement itself as a top play-to-earn crypto in 2023
As the crypto market evolves, many projects seek new ways to differentiate themselves. One of the most exciting developments in recent months has been the rise of play-to-earn (P2E) games, which allow...
Gate.io Launches Visa Crypto Debit Card in Europe amid Mainstream Crypto Adoption
The parent company of Gate.io has partnered with electronic payment facilitator Visa to introduce a crypto card to users in Europe. Crypto exchange Gate.io is launching a crypto debit card, in conjun...
Bitcoin tumbles to 7-week low as bank failures, regulatory pressures weigh on crypto
Bitcoin (BTC-USD) fell more than 7.5% late Thursday to $20,300, a seven week low for the largest cryptocurrency. “This remains a tough environment for crypto. Bitcoin could see further selling pressur...
Crypto VCs urge portfolio companies to pull funds from Silicon Valley Bank
Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling to reassure clients after moves to shore up its balance ...
Ethical Crypto Hackers Aren’t Doing It for the Money, Apparently
According to a recent survey by Immunefi, white hat hackers mostly crack crypto to solve technical problems. Whether you believe that is up to you. On Thursday, Immunefi, a bug bounty platform for Web...
5 Hot NFT Collectibles Dominating Crypto in 2023
The world of non-fungible tokens (NFTs) has taken the crypto industry by storm, and 2023 is no exception. As we continue to see the market grow and evolve, it’s become increasingly clear that NFTs are...
Derivatives Data – BNC’s New Crypto Derivatives Data Product
Derivatives Data is a new product in Brave New Coin’s market data product suite. Developed by BNC in response to the accelerating growth in crypto derivatives trading, the product provides comprehensi...
Crypto Traders Suffer Over $300M Losses in Liquidations as Bitcoin and Cryptocurrencies Crash
Soaring long liquidations suggest that cryptocurrency prices’ sudden nosedive caught investors off-guard. BTC, the largest cryptocurrency by market capitalization, has plummeted more than 6% in the pa...
Operators of AirBit Plead Guilty to $100M Crypto Ponzi Scheme
The United States Attorney for the Southern District of New York announced that a total of six executives of the cryptocurrency Ponzi scheme AirBit Club have pleaded guilty for their roles in an inter...
Biden budget proposes closing crypto loophole to raise $24 billion in new revenue
Tucked within President Biden’s budget is a proposal to change the tax treatment of cryptocurrency transactions that would eliminate investors’ ability to take advantage of losses to lower...
Biden targets crypto, real estate and oil industries, as he unveils his budget
President Joe Biden on Thursday called for ending tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector, as he formally rolled out his proposed budget for the...
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
“The increase in energy consumption attributable to the growth of digital asset mining has negative environmental effects and can have environmental justice implications as well as increase energy pri...
A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage
The world according to Coinbase frames cryptocurrency in an unsurprisingly optimistic light: It’s the “money of tomorrow,” a form of payment that is more efficient, transparent, and fair. The problem ...
Shiba Inu (SHIB) Ecosystem Altcoin Adds New Crypto Exchange, Outperforms Bitcoin and Ethereum
A key altcoin in the Shiba Inu (SHIB) ecosystem is coming to a crypto exchange backed by Tron (TRX) founder Justin Sun. In a new release, crypto exchange Poloniex says it’s listing Shiba BoneSwap (BON...
New feature by H&R Block, CoinTracker automatically adds taxes to crypto trades
Ad CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The new partnership hopes to assist millions of customers in preparing their income tax returns in...
Biden budget proposes 30% tax on crypto mining electricity usage
A phased-in 30% tax on cryptocurrency mining electricity costs has been proposed by United States president Joe Biden in his administration’s 2024 fiscal year budget. A Department of the Treasur...
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
U.S. President Joe Biden’s budget and associated tax proposals could impact cryptocurrency miners, according to the White House’s 2024 budget paper. The budget specifically proposes imposi...
Silvergate Crypto Bankruptcy: Why did Silvergate Crash?
Silvergate Capital, a California-based bank, has announced that it will begin the process of “winding down” its operations and voluntarily liquidating its bank after a collapse in the crypto market sa...
Voyager Continues Liquidating Crypto Assets for Circle’s USDC Stablecoin
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JPMorgan Remains Negative on Crypto. Here’s Why
Alex Dovbnya JPMorgan, one of the world’s largest investment banks, has maintained its negative stance on the cryptocurrency market in a recent report JPMorgan, one of the world’s largest ...
Crypto industry braces for impact with Silvergate exit
Silvergate is not a systematic risk for the United States banking system, but it could have a significant impact on the crypto markets, multiple sources told Cointelegraph. These may include increasin...
KuCoin Crypto Exchange Sued By NYAG Over Selling Securities
On Thursday, the office of the New York Attorney General filed a lawsuit against the cryptocurrency exchange KuCoin, saying that the company marketed unregistered securities and commodities. According...
2023 Will Be The Year of Crypto Market Recovery, Regulation Consensus, And M&As
We have seen the devastating events of 2022 leave their mark on the flow of time sweeping across the cryptocurrency market. Many predicted that the market failures witnessed throughout last year would...
Signature Bank Stock Plummets as Crypto Banking FUD Spreads: Details
The ongoing Fear, Uncertainty and Doubt (FUD) in the digital currency ecosystem of today is notably impacting Silvergate Bank, one of the two dominant crypto-focused financial institutions. At this ti...
How TikTok Crypto Influencers Drive Massive Engagement in 2023
Staying on top of the crypto market means keeping up-to-date with the latest trends and insights. But watching long and complex content on social media might turn away beginner investors. This is why ...
Biden’s Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors
President Joe Biden’s upcoming budget proposal includes a few surprises for crypto traders and investors, as it seeks to raise around $24 billion through changes to crypto tax treatment. The pro...