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Search Results for: Cryptocurrency

CoinTracker Partners With H&R Block to Streamline Crypto Tax Filing Process

Partnership Eliminates Complexities of DIY Crypto Tax Filing, Helping Users Remain Tax Compliant SAN FRANCISCO–(BUSINESS WIRE)–CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, today announced its partnership with H&R Block for the 2023 tax season, a leading tax preparation company. Through the partnership, users can now

March 9, 2023 4 mins read

Bakkt Crypto Rewards Comes to Las Vegas Strip with Caesars Entertainment

Planet Hollywood Resort & Casino’s leading live entertainment venue to become Bakkt Theater Caesars Rewards® members will soon be able to redeem Rewards Credits through Bakkt® Crypto Rewards ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (“Bakkt”), a technology platform that enables partners to unlock crypto and drive loyalty, today announced a deal

March 9, 2023 5 mins read

WisdomTree Reports Monthly Metrics for February 2023

Over $2.7 billion net inflows Record global AUM over $87 billion NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for February 2023, including assets under management (AUM) and flow data by asset class. Monthly Commentary: A continuation of strong organic growth positions WisdomTree for

March 9, 2023 3 mins read

Ripple’s XRP Back to the Spotlight With February Highs

Today’s major mover was Ripple native cryptocurrency XRP, as prices surged for a fourth day of a green candle in a week. Less than 24 hours after trading at a low of $0.3864, XRP/USD soared to an intraday high of $0.3957. Following the recent rally, the 4th largest altcoin XRP,

March 9, 2023 2 mins read

Bitcoin (BTC) Price Drops Below $22K, Why?

Bitcoin (BTC), the world’s largest cryptocurrency, is trading lower on Thursday. Also, the global cryptocurrency market cap was trading lower at around 993.77 billion, down 01.45% in the last 24 hours. At the time of writing BTC is currently trading at $21,653.35 with a 24-hour trading volume of $22,076,254,35. BTC

March 9, 2023 1 min read

UK FCA Continues Crackdown on Illegally Operating Crypto ATMs

In conjunction with the Metropolitan Police, the largest police agency in the United Kingdom, Britain’s main financial regulator, the Financial Conduct Authority (FCA), stated on Wednesday that it has taken additional action against unlicensed crypto ATMs in East London. The FCA and the West Yorkshire Police conducted a series of

March 9, 2023 1 min read

Legal Team of Former FTX CEO SBF Requests Delay of October 2 Trial

Former crypto billionaire Sam Bankman-Fried’s legal team requested a postponement of his October 2 criminal trial. This is according to court documents filed on March 8. According to Reuters, their argument was that it may take longer than anticipated to analyze the facts and prepare a defense. The attorneys wrote

March 9, 2023 2 mins read

Silvergate Capital Corporation Voluntarily Liquidates Bank Assets

Silvergate, the crypto-friendly banking service wind down its operations and is in process of voluntary liquidation. The bank announced the stoppage of crypto payment services, which was major “the heart” of the firm, as the week began. The crypto ecosystem now will have one less banking support. Silvergate news announcement

March 9, 2023 2 mins read

CFTC Chair Rostin Behnam Calls Ethereum a Commodity

In an intriguing turn of events, the U.S. Commodities and Futures Trading Commission (CFTC) declared Ethereum and stablecoins to be “commodities” and so subject to its regulatory authority. It’s a move that pits the CFTC squarely against the U.S. Securities and Exchange Commission, which wants to regulate all cryptocurrencies as

March 9, 2023 1 min read

Binance NFT Marketplace Announces Support For Polygon Network

Polygon has been added as a supported blockchain by Binance NFT, the NFT division of the cryptocurrency exchange Binance. This step, according to the release, would help the Binance community’s NFT ecosystem grow even further. Users of the Binance NFT marketplace may now use their Binance accounts to trade NFTs

March 9, 2023 2 mins read