The price of Bitcoin (BTC) picked up steam once more, breaking through the $70,000 threshold, all while large-scale investors showed less interest in the crypto asset. At present, Bitcoin has increased by 2.2% and is being traded near $71,000. The total value of this leading digital asset is approaching $1.4 trillion, with a current market … Read more
One potential rephrasing: The environmental impact of cryptocurrencies has been a significant issue for investors and observers for some time. But can we create a “green” crypto that minimizes its ecological footprint? An eco-friendly type of cryptocurrency, often referred to as green crypto, is creating quite a stir in the realm of blockchain technology. The … Read more
The digital crypto fund managed by Brevan Howard’s BH Digital has been a top performer within the company’s portfolio this quarter, achieving approximately 35% growth in the first three months. According to a Bloomberg report based on information from sources familiar with the situation, BH Digital – a crypto investment fund managed by Brevan Howard … Read more
TRM Labs, a company specialized in blockchain investigations, has brought on Board Hui Khoo as their new senior consultant. On their blog on April 11, TRM Labs revealed the hiring of Boon Hui Khoo as senior advisor. This appointment represents TRM Labs’ strategy to expand its regulatory connections, with a focus on strengthening its presence … Read more
If you’re pondering whether you must declare your crypto transactions in your 2023 tax submission, it’s essential to familiarize yourself with the IRS’s reporting rules before the April 15 deadline. Michelle Legge, the Crypto Tax Education Head at Koinly, provides an insightful explanation of the necessary information for the 2023 fiscal year. Do you need … Read more