Ripple CEO Brad Garlinghouse is warning of negative consequences for the entire crypto industry if the U.S. Securities and Exchange Commission (SEC) triumphs in the lawsuit against the payments firm. ...
Tag: implications
Chainlink (LINK) Goes Live on This L2 Network, Implications for Price
Godfrey Benjamin Chainlink will go live on StarkNet mainnet at later time in future Chainlink (LINK) is looking to end this week on a positive note with respect to its spot price outlook after rising ...
A deep dive into the implications of the lawsuit and its effects on stablecoins
Paxos faces SEC lawsuit over BUSD On Feb. 13, the U.S. Securities and Exchange Commission (SEC) enforcement division issued a Wells notice to Paxos, ordering the company to stop minting the Binance US...
Top Trader Shares Chart With ‘Huge Implications’ for Crypto, Breaks Down Bitcoin Volume
One widely-followed crypto analyst is looking at traditional stocks with “huge implications” for crypto traders. Analyst Justin Bennett tells his 111,400 Twitter followers that the outcome of the curr...
Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain – Bitcoin News
During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a...
CZ predicts ‘existential implications’ for anti-crypto traditional finance
As traditional institutions proactively reduce exposure to cryptocurrencies as a reaction to ecosystem collapses in 2022, Binance CEO Changpeng “CZ” Zhao believes this move could potentially have a ne...
NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. The first is federated ...
OECD Crypto Tax Plans and Implications: What’s Coming in 2023
Crypto tax standards in the upcoming year may prove to be a trying time for the industry. Global tax regulators are applying more pressure on centralized and decentralized exchanges. This could even a...
Fed’s “Digital Dollar” Idea Has Frightening Implications For Privacy And Freedom
Central banks around the world are examining whether they should create digital currencies. China is already gradually unrolling one. The Federal Reserve has jumped on the bandwagon, with studies and ...
A preview of the December NFP report and its implications for financial markets
Today is the last trading day of the month. As such, volatility is about to increase due to the end-of-month flows. However, it might not be relevant for the period ahead because December is typically...
What Are The Legal Implications Of Investing In Cryptocurrency?
– Advertisement – Many countries and institutions have started accepting cryptocurrency into their financial systems as legal tender. This move follows an influx of investors buying into t...
NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?
It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga a...
What are the Crypto Tax Implications for Investors From the FTX Collapse?
What about a personal casualty loss deduction? Personal casualty losses have been suspended until the end of 2025, according to 2018’s Tax Cuts and Jobs Act, unless the loss is related to a federally ...
US-China CBDC Race and Its Implications on Financial Freedom
Central bank digital currency (CBDC) research and development has been a high priority in China, and the United States appears to be following suit. The Federal Reserve of New York and a group of priv...
Future implications of FTX’s bankruptcy filing for crypto assets – crypto.news
The collapse of FTX, a crypto exchange that was earlier this year valued at $32 billion and made famous by a Super Bowl commercial starring comedian Larry David, has left the crypto market in a state ...
Tax Implications of the Celsius Platform and Terra Protocol Failures
So, what is a person who has crypto locked inside Celsius to do? The short answer is to wait and see. Once bankruptcy proceedings are finalized, some or all of the funds owed by Celsius to its custome...
US midterms market implications: what you need to know
The US voted yesterday in what turned out to be an essential midterm election. There is a lot at stake for everyone – the two parties, Republicans and Democrats, the US population, and the economy. Mi...
The Implications Of U.S. SPR Withdrawals
The Strategic Petroleum Reserve’s (SPR) oil is sold competitively when the President of the United States of America finds, pursuant to the conditions set forth in the Energy Policy and Conservation A...
9 errors in White House’s report on climate implications of crypto mining
President Joe Biden’s executive order on cryptocurrencies included tasking the White House Office of Science and Technology Policy (OSTP) with carrying out a study into the climate implications of cry...
Tax implications of the Ethereum Merge and what to do to prepare
CryptoSlate spoke with Tony Dhanjal, Head of Tax at Koinly, a crypto-focused tax software company. Koinly allows users to create tax reports by linking wallets and exchange accounts and then using on-...
NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and ce...
5,000 Bitcoin 7 to 10 Years Old Is On The Move – Here Are The Possible Implications
– Advertisement – Dormant Bitcoin of over seven years is on the move for the fourth time this year. Crypto analysis firm, CryptoQuant, in its on-chain analysis Quicktake, shared today, r...
Ethereum 2.0 is Coming: What Could be the Implications of the Ethereum merge?
The Ethereum Foundation has announced Wednesday the official date for the most-awaited Merge to a proof-of-stake consensus mechanism. This article is all about Ethereum 2.0 and what could be the impli...
Litecoin buyers, look out for the implications of this bullish crossover
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin [LTC]’s recent buying resurgence resonated with the marke...
The true implications of a Polygon-based game losing it all in a rug pull
Polygon, a decentralised Ethereum scaling platform, saw significant traction in 2022. This was the case, especially ahead of the much-anticipated Ethereum Merge. In fact, dominant buyers too have clam...
A reversal pattern for Stellar [XLM] has these few implications
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Stellar’s [XLM] efforts to weaken the four-month trendline resist...
US GDP Shrunk by 0.9% in Q2, Implications for the Crypto Industry
The United States of America (USA), highly regarded as the world’s largest economy, has seen its Gross Domestic Product (GDP) shrink by 0.9% in the second quarter of the year. While the reporting agen...
Bitcoin Saw Largest Transfer Volumes on These Two Events: Implications
According to Glassnode, the Bitcoin market has survived two massive capitulation events in 2022, both with the greatest BTC transfer volume in loss since 2011. 2022 has seen #Bitcoin markets weather t...
The regulatory implications of India’s crypto transactions tax
The Indian crypto landscape lost some momentum this year as the government introduced two laws demanding crippling taxes on crypto-related unrealized gains and transactions. India’s first crypto law, ...
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan – Regulation Bitcoin News
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implicati...