Cryptocurrency Analysis and News Portal
Regardless, Cawthorn, who sold LGB for ETH (which itself was crashing through January) likely lost money on his $150,000 initial investment; he almost certainly ran up a hefty short-term capital gains tax bill for the 2021 trades. Based on his congressional salary for last year ($174,000), his married status and
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Summary: Bitmex founder, Arthur Hayes, will not spend a single day in jail for violating the U.S. Bank Secrecy Act. Mr. Hayes has been sentenced to two years probation with the first six months in home confinement. Arthur Hayes also agreed to forfeit $10 million in a plea deal. However, the assistant U.S. attorney
Read More
Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department of Labor from limiting the types of investments that can be included in Americans’ self-directed 401(k) retirement plans. The bill is the companion to Alabama
Read More
U.S. lawmakers have set a hearing to examine the potential can of worms opened by cryptocurrency trading platform FTX when it applied with the Commodity Futures Trading Commission (CFTC) to directly clear its customers’ margin-backed swaps transactions. Original Source
Read More
Blockchain technology is familiar to cryptocurrency users and national banks, and awareness of it is spreading fast to gamers. Applications in industry, particularly supply chain management, have been appearing as well. Through them, blockchain technology may improve domestic life in unseen ways, such as ensuring high-quality food, responsibly sourced seafood,
Read More
There’s a special bond between mothers and their sons. For pseudonymous Alan, a 28-year-old engineer, a Bitcoin (BTC) loan helped his mom to buy a house.Alan told Cointelegraph that he took out a Bitcoin-backed loan in 2021 — serendipitously on his sister’s birthday — to gift his mom the tax-free
Read More
“We have serious concerns regarding reports that cryptocurrency facilities across the country are polluting communities and are having an outsized contribution to greenhouse gas emissions,” according to the letter, signed by lawmakers including Brad Sherman and Jamaal Bowman of California; Alexandria Ocasio-Cortez of New York; and Jesús G. "Chuy" García
Read More
Crypto’s presence is being felt in the race for Oregon 6 with or without the West NFTs. Another top contender, Oregon State House Rep. Andrea Salinas, once voted to bar blockchain applications from all public services in the state, according to West. Another candidate, Cody Reynolds, is a crypto investor
Read More
Psaki's comments perhaps indicate the White House expects the headline inflation to cool in the coming months, as the panic in the energy market has faded. Gas prices in the U.S. have pulled back to $4.11 per gallon from the record high of $4.33 per gallon hit on March 11,
Read More