The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers. Here's what crypto investors need to know.
Crypto markets on edge as Germany and U.S. governments move more than $100 million
On Monday, the German government transferred approximately $95 million, or 1,500 bitcoin, to several crypto exchanges. Similarly, the U.S. government transferred $11.75 million, or 3,375 ether, to an ...
Japan’s Nikkei average hits 40,000 mark for 1st time in nearly 3 months
TOKYO -- Japan's benchmark Nikkei Stock Average topped 40,000 points in Tokyo trading hours on Tuesday for the first time since April 4, boosted by semiconductor-related shares and a rebound in the ...
Japan’s Economy Now Seen Shrinking in 2024 by Two Forecasters
Two economists flipped their forecasts for Japan’s economy to show a contraction in 2024 a day after first-quarter gross domestic product data were revised sharply lower, highlighting the Bank of ...
The Bank of Japan’s $3 trillion problem
As interest rates rise and the deposits it holds become far more expensive, the central bank could end up becoming unprofitable.
Seasoned Crypto Trader Expects XRP to Rise by 600% and Reach $3.3 Soon
Your use of this website signifies your acceptance of our terms and conditions as well as our privacy policy. The crypto market’s recent retracement is the direct opposite of the bull run expected by ...
Japan 10-yr gov’t bond coupon lifted above 1% for 1st time in 12 yrs
The Japanese government raised Tuesday the coupon rate for new 10-year government bonds to above 1 percent for the first time in some 12 years, reflecting recent rises in long-term interest rates ...
Silvergate, of crypto infamy, sued by SEC for securities fraud
The SEC’s complaint alleges that instead of monitoring its crypto customers and putting in place an “effective” compliance program, Silvergate Capital’s wholly owned subsidiary, Silvergate Bank, ...
Solana to become the third-largest crypto in the world this year
Solana (SOL) is set to become the third-largest cryptocurrency by market cap this year, behind Bitcoin and Ethereum. With its ability to handle high transaction volumes at low cos ...
Big Risks Hound Japan’s Longest Bonds Despite Move to Cut Supply
Japan’s super-long bond issuance looks set to drop, but it’s a case where less still means more than the market may be able to handle.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally ...
MtGox Gusher Dampens Bitcoin; Billionaire Cohen Abandons Crypto VC
Exchange that closed in 2014 to begin returning bitcoin to customers; market slumps. Met's owner exits crypto venture capital.
Taxes for crypto investors are about to get easier – but it’s also getting easier for the IRS to know what’s happening
The U.S. Internal Revenue Service and Treasury Department have finalized long-awaited rules for brokers tracking the proceeds of crypto investors who ...
Blackstone to sell Japan supplement maker Alinamin to MBK for $2.2bn
TOKYO -- Asian investment fund MBK Partners will buy Japan's Alinamin Pharmaceutical, a maker of supplements and nonprescription drugs, from Blackstone Group for an estimated 350 billion yen ($2.2 ...
First Mover Americas: Bitcoin Relief Rally Stalls at $63K as Crypto Rebound Faces Hurdles
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to ...
DePIN: It’s Time for Crypto to Get Real
DePIN stands for Decentralized Physical Infrastructure Networks, or in simple terms, real-world applications that are actually useful, says Max Thake, cofounder of Peaq, a layer-1 for DePIN.
New IRS rules reshape crypto tax landscape
Overall, the IRS is hoping the rule changes will be a step forward in curbing tax evasion in the crypto industry. “We need to make sure digital assets are not used to hide taxable income, and these ...